Every business has been affected by the pandemic, but few industries have been as thoroughly disrupted as air travel. As Covid-19 has waxed and waned, airlines have suffered thousands of canceled flights, plummeting ticket prices, and a federal mask mandate that catalyzed a wave of violent incidents on planes.
The invasion of Ukraine by Russia and sanctions imposed on it for doing so and new pandemic-related shutdowns in China are the latest events to rock global supply chains. Combined with the China-U.S. trade war and other pandemic- and climate-related disruptions, it is certain to accelerate the movement by Western companies to reduce their dependency on China for components and finished goods and on Russia for transportation and raw materials and to lead to more localized, or regional, sourcing strategies. If China decides to back Russia in the Ukraine conflict, it would only fuel that movement.
Time to overthink almost every game and use the stats, nuggets and goodies I've compiled below to help you gleefully fill out your bracket(s).
A medical supply company founded in the early stages of the pandemic said Wednesday that it intends to build a $350 million glove-manufacturing facility at Tradepoint Atlantic and ultimately bring more than 2,000 new jobs to the Baltimore County site through a multiphase, three-year development.
The war in Ukraine is no longer just a story about a conflict between nations. It’s having an immediate impact on millions of people and creating multitudes of refugees, which in turn is creating a worldwide humanitarian crisis and exasperating global food insecurity. Likewise, the supply chain for goods has become greatly challenged. How can the West address and overcome these disruptions while taking a hard line against Russia’s aggression? We talk with Anna Nagurney, Ph.D., professor of supply chains, logistics and economics at the University of Massachusetts, about the current state of global events and what’s at stake.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
A Chinese AI startup is gaining popularity, amassing tons of downloads shortly after the app’s debut. DeepSeek’s flagship model is free, but the organization charges users who connect their own applications to DeepSeek’s model and computing framework, the Wall Street Journal reported.
A new Chinese artificial intelligence tool has sent shock waves through the U.S. tech community. The AI lab DeepSeek claims to have developed a model on a tiny budget that can outperform similar Western models in terms of cost and performance in math. China, it seems, continues to innovate in advanced technologies despite extensive U.S. efforts to contain their growth.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Tariffs could raise the cost of medical care and prescription drugs for people in the U.S.
A groundbreaking new study in the INFORMS journal Transportation Science reveals the severe and far-reaching consequences of Russia’s full-scale invasion of Ukraine on global food security. The research highlights an urgent need to address disruptions in the transportation of Ukrainian grains, which have caused dramatic price spikes and worsened food insecurity worldwide, particularly in vulnerable regions such as the Middle East and North Africa.
Dockworkers on the East and Gulf coasts could go on strike again in less than two weeks if they don’t reach a contract agreement with ports and shippers. Talks are set to resume next week, according to Bloomberg. The main sticking point between the two sides? Automation.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.