Business
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The Shipping Backlog Is Costing Companies So Much, They’re Considering Bringing Production Back West
The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods from Asia is making companies reconsider local production. At the very least, companies are thinking about “shortening supply chains” by bringing production back West, as Bloomberg reports. We may be seeing the start of a reshoring and near-shoring movement, with some…
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Uber CEO Says Requiring Vaccines for Drivers and Riders Would be Fair, But Not Happening
There are two types of people in Uber’s world, according to CEO Dara Khosrowshahi: office workers and drivers. Besides differences in salaries and benefits, there will now be another factor that separates the two. Office workers will be required to get vaccines in order to go to work, but drivers will not.
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WeWork Is Finally Going Public Thanks to Merger With BowX Acquisition
Nearly two years after WeWork imploded ahead of its planned initial public offering, the office-sharing startup is finally going public.
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NBN Co is Spending $700 Million to Create ‘Business Fibre Zones’ Across Australia
On Tuesday, NBN Co announced it will spend $700 million for a suite of initiatives aimed at bringing more businesses onto the network, including for those in regional areas. This announcement comes just one day before NBN is set to release its new corporate plans. “NBN Co is dedicating further investment to help give businesses the flexibility and reliability they will…