Ikea sees supply-chain shortages into mid-2022
Citing "limitations that we have never seen before," Swedish retail giant to focus on stocking its most popular home products.
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Citing "limitations that we have never seen before," Swedish retail giant to focus on stocking its most popular home products.
President Biden announced major U.S. ports and corporations will move to 24/7 operations to help alleviate the supply chain backlog. CBS News chief White House correspondent Ed O'Keefe joins CBSN's Lana Zak with more on the administration's efforts.
Administration officials say that will nearly double the number of hours ships can unload their containers at one of the nation's busiest ports.
Truckers at the Port of Los Angeles sometimes have to line up for hours just to pick up one container.
The White House says it has helped broker an agreement for the Port of Los Angeles to operate 24/7 to help address supply chain issues. CBS News' Natalie Brand reports on conditions driving up prices for consumers, and CBS News senior White House and political correspondent Ed O'Keefe joins CBSN's Tanya Rivero with more on the administration's response.
President Joe Biden is addressing issues in supply chains that are impacting many Americans. CBS News' Natalie Brand reports on what's behind the problems, and CBS News chief White House correspondent Nancy Cordes joined CBSN's Tanya Rivero with more on the president's remarks.
Walmart, FedEx, and UPS will announce that they are moving to 24/7 operations to help clear the congestion.
The latest deadlines come as many retailers are urging early shopping this year amid global supply-chain backups
In recent months, supply chain problems have been blamed for shortages affecting just about every sector of industry and commerce. But what exactly is broken, and why? Correspondent David Pogue asked the experts to supply answers.
In recent months, supply chain problems have been blamed for shortages affecting just about every sector of industry and commerce. But what exactly is broken, and why?
Shipments are stuck at sea amid supply chain issues, fueling concerns that many holiday orders may not be ready in time. Carter Evans takes a look.
One expert says prices will keep rising "for a good year and a half." And many items are in short supply.
Supply chain issues and labor shortages are having an impact on school lunches across the U.S. Teachers in Alabama are spending their own money to feed students. Mark Strassmann reports.
Some staff members are making grocery runs themselves so that schools can feed students.
Consumers are encountering shortages of everything from toilet paper to Batman toys. Blame the world's fragile supply chain.
Supply chain issues are leading to shortages of toilet paper, cleaning supplies, appliances, smart phones and toys. As a result, companies are taking measures to avoid running out of their products, and consumers are feeling it in their wallets, with prices rising for many goods. David Lynch, global economics correspondent for the Washington Post, joined CBSN's Lana Zak to discuss.
A huge backlog in cargo ships waiting to get into ports in Southern California could cause a major hiccup in holiday shopping. Carter Evans has more.
President Joe Biden says the Centers for Disease Control and Prevention's new mask guidance is "another step" in the journey to defeat the fast-evolving coronavirus, as the White House plans to mandate vaccinations for federal employees or face "stringent" COVID-19 protocols. CBS News chief White House correspondent Nancy Cordes joined CBSN to explain what's next for the administration.
While supply chain problems have created a backlog for new furniture, sales of vintage home furnishings, easily available online, has exploded. Correspondent Serena Altschul reports on what experts call the "circular economy," and how the internet is changing the nature of "vintage" in the 21st century.
The Colonial Pipeline is working to recover after a cyberattack, but that's not the only supply chain challenge the country is facing. Daniel Yergin, vice chairman of IHS Markit and author of "The New Map: Energy, Climate, and the Clash of Nations" joined CBSN's Tanya Rivero with more on the current supply chain disruptions.
Vice President Kamala Harris spoke Friday with Mexico's President Andres Manuel Lopez Obrador as the two countries seek solutions to the wave of immigrants coming from Central and South America. Antonio Garza, the U.S. ambassador to Mexico during President George W. Bush's administration, spoke with CBSN's Tanya Rivero about what he sees as the solutions to migration and economic issues.
IBM says a cyberattack on companies that distribute the COVID-19 vaccine was much larger than previously thought. The company says in 2020, hackers began working to access information about the vaccine's cold chain distribution system, including information on how the shots were shipped. Forty-four companies across 14 countries were targeted in the hack. CBSN technology reporter Dan Patterson joins CBSN's Elaine Quijano to discuss.
Attack "has the hallmarks of nation-state activity" and was designed to undermine trust in the vaccine, experts say.
European leaders are expressing concern at a proposal by the European Union to block vaccine shipments to nations with already high inoculation rates. At a virtual summit Thursday, leaders, including German Chancellor Angela Merkel, balked at the idea, issuing a statement saying they were worried the move could severely disrupt global supply chains. Matina Stevis-Gridneff, the New York Times' Brussels correspondent, joined CBSN's Vladimir Duthiers and Anne-Marie Green to discuss.
President Biden is signing an executive order on supply chains Wednesday, part of the administration's efforts to cope with the effects of the coronavirus pandemic. The move comes as Congress continues to consider Biden's Cabinet nominees and the $1.9 trillion COVID-19 relief package. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with the latest.