Category Archives: Business

Analysis: The Cargo Ship Congestion In Los Angeles

California’s Port of Los Angeles is struggling to keep up with the crush of cargo containers arriving at its terminals, creating one of the biggest choke points in the global supply-chain crisis. This exclusive aerial video illustrates the scope of the problem and the complexities of this process. Photo: Thomas C. Miller

Employment: Why Millions Of Workers Are Quitting

Americans are leaving their jobs in droves. In August 4.3 million Americans quit their jobs. While some people have left the workforce entirely, job security and better pay are top concerns for others. Dubbed “The Great Resignation”, the exodus of workers has created hiring challenges for companies and left millions of jobs unfilled. More than half of U.S. workers surveyed said they plan to look for a new job in the coming year, according to Bankrate’s August jobseeker survey. Some 56% of respondents said adjustable working hours and remote work were a priority. Working women have faced an additional burden, juggling childcare duties, virtual schooling and their careers. So, what does the realignment of the workforce mean for employees and businesses? And what steps should you take before quitting your job?

Analysis: Higher Inflation – Is It Cause For Concern?

Inflation rates have been rising all over the world, surprising many economists. While the rich world is paying higher prices for durable goods such as cars, in emerging markets soaring food prices are a greater worry.

What is causing this unexpected bout of inflation, and will it last?

Video timeline: 00:00 – What’s happening with inflation? 00:53 – What is inflation? 01:42 – Inflation rates are rising 02:47 – How much is too much inflation? 03:13 – Inflation in the rich world 05:19 – Inflation in emerging markets 06:04 – How to curb inflation 07:27 – Why you shouldn’t worry Find The Economist’s briefing on inflation: https://econ.st/3ofFxtJ

Malaysia: Land Battle For Durian – “King Of Fruits”

Durian is the king of fruits in Asia, and demand is off the charts. Farmers in Malaysia are cashing in on the craze. And even the royal family wants in. But this growing business has come at a cost. Now, small farmers are stuck in a ruthless land battle with a big corporate and the local government.

Inside Views: The Toyosu Seafood Market in Tokyo

How a 600-pound tunafish sells for $3 million

Toyosu Market in Tokyo is home to the world-famous tuna bidding wars each morning. But overfishing is starting to take its toll on marine life.

Books: ‘The Carlyle’ – The History Of The Iconic New York City Hotel (SEP 2021)

If there is one landmark that encapsulates the spirit of New York City, with all its glamour, charm and singularity, it is The Carlyle Hotel. An Upper East Side institution since it opened in 1930, The Carlyle has become synonymous with luxury, status and sophistication. Its suites have housed presidents and princesses, dukes and duchesses, and Hollywood’s most honored stars.

Commemorating the hotel’s ninetieth anniversary and featuring the recent renovation by the esteemed designer Tony Chi, this all-new edition of The Carlyle explores the hotel’s storied history and its status as an enduring icon. With exclusive interviews with celebrity patrons and never-before-seen photographs from the earliest archives up to today’s most exclusive parties, this stunning volume is an homage to the rich past and vibrant present of this grand, world-famous hotel.

James Reginato, Writer-at-Large for Vanity Fair and a contributor to Sotheby’s Magazine, is the author of Great Houses, Modern Aristocrats. A leading journalist, he was formerly W Magazine’s Features Director.

Regarded as one of the preeminent rock musicians of our time, Lenny Kravitz has transcended genre, style, race and class over the course of a forty-year musical career. Reveling in the soul, rock and funk influences the 1960s and 1970s, the writer, producer and multi-instrumentalist has won four consecutive Grammy® Awards. His eleven studio albums have sold forty million worldwide and his creative firm Kravitz Design Inc. touts an impressive portfolio of ventures, including hotel properties and high-end brands like Rolex, Leica and Dom Pérignon. He’s the author of Flash, which showcases rock photography and his memoir, Let Love Rule, landed him on The New York Times Best Seller List.

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Analysis: ‘Dark Stores’ Speed Up Grocery Delivery

Speedy grocery delivery is booming, but competition and high running costs could hinder growth. Startups are promising to deliver groceries to your doorstep in minutes, stepping up competition in the industry. Their strategy: to operate out of “dark stores.” WSJ visits some of these hyperlocal warehouses to see how they operate and the challenges they face. Photo/Video: Michelle Inez Simon

Chip Shortage: Forcing Auto Makers To Adapt

The number of semiconductors in a modern car, from the ignition to the braking system, can exceed a thousand. As the global chip shortage drags on, car makers from General Motors to Tesla find themselves forced to adjust production and rethink the entire supply chain. Illustration/Video: Sharon Shi