The pharmaceutical industry has an opportunity to move production onshore. It should take it.

Trafigura said it expected to lose nearly $600 million due to “systematic fraud” perpetrated by businessman Prateek Gupta, according to legal filings seen by Bloomberg.

An announcement could be made as soon as when Prime Minister Narendra Modi visits the U.S. during the week of June 19, according to people close to the matter.

"We’re excited to play a critical enabling point to building these more resilient supply chains,” said chief executive officer Pat Gelsinger at a June 16 press conference.

Manufacturing outputs during May 2023 rose 0.1% compared to the previous month but were still 0.3% lower than levels during May 2022.

The new policy aims to address issues plaguing the tuna supply chain like the accidental catching of non-targeted species, illegal fishing and the abandonment of fishing gear.

The Port of Los Angeles handled 779,140 Twenty-Foot Equivalent Units during May 2023, a 60% increase when compared to February 2023.

Spirit AeroSystems Holdings Inc. is preparing to make a so-called best-and-final offer during the week of June 15 to about 6,000 unionized employees. 

President Joe Biden, in a statement released the evening of June 14, hailed the tentative agreement as proof that “collective bargaining works."

The International Longshore and Warehouse Union agreed to a new, six-year collective bargaining contract with the Pacific Maritime Association on June 14, 2023.