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BBCNEWS Business Today October 2, 2024

The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the pres ....

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BBCNEWS Business Today October 2, 2024

United states where ports all across the East And Gulf coasts including here in baltimore have virtually ground to a halt. It means goods ranging from cars to machinery and fresh fruit and vegtables are going to find a lot tougher to get into or out of the worlds biggest economy. An estimated 16,000 workers have stopped working over demands for more pay and less automation. The stoppages could cost the us economy as much as 5bn a day according to the Investment Bankjp Morgan but other experts say it will be less than that. One knock on could be as many as 100,000 people finding themselves temporarily out of work as the impact of the stoppage spreads. 0ur Correspondent Michelle fleury is at the Port Of Newark in newjersey. What other people telling you about how angry they are but also how long this might last . This is one of three dozen ports that are on strike as of midnight ....

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FOXNEWS Americas Newsroom October 2, 2024

County. Well await word perhaps later today on that. Thank you, jim, from california. Pete rose dead at the age of 83, wow. Next hour now. Dana dangerous development in the Middle East. The White House is now warning that iran is preparing an imminent ballistic Missile Attack on israel and the u. S. Is warning of severe consequences for tehran. All of this comes as israeli Ground Troops are moving deeper into lebanon conducting localized raids on hezbollah positions. Welcome to a new hour of americas newsroom, im dana perino. From baseball to bill a lot of things happening. The statement out from the White House, here it is quote, the united states has indications that iran is preparing to imminently launch a ballistic Missile Attack against israel and actively supporting defensive preparations to defend israel against this a ....

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BBCNEWS Business Today October 1, 2024

From raw materials and pharmaceuticals, clothes and toys, accounting for more than half import in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor rained in on. The something the new york governor rained in om rained in on. The potentialfor disruption rained in on. The potentialfor disruption is rained in on. The potentialfor disruption is significant. Rained in on. The potentialfor disruption is significant. We. Disruption is significant. We have not had an event like this in our port since 1977 and that lasted 12 days. We ....

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BBCNEWS BBC News October 1, 2024

The military is going to use military from the air, land and sea. The deputy chief of hezbollah said the group s fighters are ready to confront invasion, he acknowledged the assassination of leader must is assassination of leader must is a big blow but all following commanders would soon be replaced. Let s go right to be rude and anna foster who was standing by for us. Thank you forjoining us, we mention the reports of blasts in southern beirut, bring us uptodate on what you ve been witnessing. That s right, the last few hours, there were three more airstrikes here in the southern suburbs of beirut in die here, we knew they were coming because once again, the idf and israel defense forces said they told them to live ....

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