In a striking development reverberating across global trade networks, over 1,000 US shipping containers to more than 116,000 TEUs were stranded off Canada’s West Coast due to a July lockout of long-shore supervisors at Vancouver and Prince Rupert. This disruption hit hard as about 20 percent of America’s trans-Pacific freight flows through these gateways. The shutdown followed a near 10 ...
10 Once-Popular U.S. Stores That Are Now Gone Forever
Over the last two decades, the world of business has undergone some serious changes. A lot of innovation from companies operating in the online world has had a seriously negative effect on some traditional brick-and-mortar businesses in recent years. Let's take a look at some of the once well-known businesses that used to fill parking lots and draw in mall traffic, which now, for one reason or ...
Unions Won’t Be Part of the US Manufacturing Boom Despite What the White House Says
The White House has promised that the US manufacturing sector is in the middle of a significant comeback. Thousands of new jobs are supposed to be created, with the economy benefiting from a growing industrial base. But here’s the catch: unions aren’t seeing much of that growth. Even as manufacturing jobs increase, the role of unions seems to be shrinking. Non-union workers are filling most of ...
80-Year-Old Retail Chain to Close All Locations in America
The post-pandemic era has caused a lot of shifts in the way a lot of businesses operate. While the heavy-hitter, big brand names, and agile innovators were able to shelter the storm somewhat, smaller, niche businesses have been hit hard in a big way. Recently, a well-known retailer was forced to close all of their stores across the nation and file for chapter 11 bankruptcy. Let's take a look at ...
Michigan Loses 5 Plants And Over 13,000 Jobs in Sudden Blow to US Manufacturing Base
Michigan’s industrial foundation cracked open this summer. Between March and July 2025, five major factories were shuttered, wiping out roughly 5,161 direct jobs and threatening thousands more. Cleveland-Cliffs led the cascade: the company announced it would idle the blast furnace at Dearborn Works—about 600 workers were notified in July that they’d be let go. Shortly after, Stellantis warned it ...
Major Drugstore Chain Closing 150 Stores – Is Your Location on the List?
Since the COVID-19 pandemic, many drugstores have been under financial pressure and struggling to cope. While one would think that the pandemic would help drugstores turn a profit, the truth is that the pharmaceutical industry has undergone many shifts, resulting in huge losses for these companies. The industry layout and demands have changed dramatically in recent years. Let's examine these ...
China’s Luckin Coffee Launches in US—Starbucks Rival Lands in NYC
China’s Luckin Coffee, the Chinese coffee chain that overtook Starbucks in its home market, has officially landed in the U.S., opening its first two American stores in New York City. The brand debuted one location in Greenwich Village and another in Chelsea this week, catching consumers and competitors by surprise. Social media buzzed as curious New Yorkers lined up for promotional deals, and one ...
Home Depot Preps Staff as ICE Targets Over 30,500 Employees Nationwide
Recent Immigration and Customs Enforcement (ICE) raids have targeted day laborers who congregate around Home Depot stores across the United States, disrupting a longstanding informal labor market. These raids are part of an intensified immigration enforcement campaign under the Trump administration, which aims to increase deportations beyond violent criminals to undocumented workers broadly. ...