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How Higher Wages Can Increase Profits

How Higher Wages Can Increase Profits

The Wall Street Journal, January 21, 2021

Pay cuts and salary freezes have become an unfortunate hallmark of the Covid-19 recession. Over seven million employees have seen their wages drop since March, and a great many others have had their pay frozen. But a handful of companies have bucked this trend and increased pay despite the economic crisis. In November, yogurt maker Chobani announced that it was raising its workers’ lowest hourly wage from $13 to $15; the floor was set at $18 in high-cost centers like New York. E-furniture retailer Wayfair followed suit last week with a $15 minimum.

Member of Biden Transition Team Says Efforts to Ramp Up COVID-19 Vaccine Distribution Will Work

Member of Biden Transition Team Says Efforts to Ramp Up COVID-19 Vaccine Distribution Will Work

WSV Tv, January 21, 2021

During an afternoon news conference Thursday, President Joe Biden was very blunt saying it’s going to take months to get the majority of Americans vaccinated against COVID-19. It’s been a slow process, but Channel 2′s Matt Johnson got some insight about how things could really ramp up now that a new administration is in place. Jose Cordero is a University of Georgia professor who also served on Biden’s transition team as an expert in vaccine distribution. “It’s an extremely complex process to get the vaccine to everyone,” Cordero told Johnson. He says one thing that needed improvement was cooperation between states and the federal government.

“There was not the kind of support that is really needed to get the vaccine from the warehouse to every household,” Cordero said.

Miscommunication and Logistics Keep Some Older NC Residents Waiting on COVID Vaccines

Miscommunication and Logistics Keep Some Older NC Residents Waiting on COVID Vaccines

The Fayetteville Observer, January 22, 2021

For months, Marcia Goldstein of Waynesville thought her 94-year old mother, Maxine Goldstein, would get a COVID-19 vaccine at Bella Vista Gracious Retirement Living, her retirement community in Asheville. Bella Vista’s management did too. But within the past week, both said they were surprised to learn Bella Vista wouldn’t receive any vaccines. “I got desperate, I got frustrated, I got scared for my mother,” Marcia said upon hearing the news. “She’s not a spring chicken.” Marcia and Maxine had been told Bella Vista was part of the CDC Pharmacy Partnership Program for Long-term Care, which has contracted CVS and Walgreens to administer vaccines in long-term care facilities across most states, including North Carolina.  

What Biden Can Do to Fix America's COVID-19 Vaccine Mess

What Biden Can Do to Fix America's COVID-19 Vaccine Mess

Vox, January 22, 2021

One of President Joe Biden’s most pressing tasks is speeding up America’s Covid-19 vaccination efforts. Vaccines are the US’s way out of the pandemic. But the vast majority of Americans — perhaps 70 percent or more, though we don’t know for sure — will have to be inoculated to reach herd immunity or protect at least most of the population. That means vaccinating hundreds of millions of people. The US isn’t on track to do that quickly. Former President Donald Trump’s administration aimed to vaccinate 20 million Americans by the end of 2020. Three weeks into 2021, slightly more than 15 million have gotten at least one dose. 

Biden's COVID-19 Plan Creates More Vaccination Sites, Speeds Through Priority Groups

Biden's COVID-19 Plan Creates More Vaccination Sites, Speeds Through Priority Groups

The Olympian, January 21, 2021

President Joe Biden’s national distribution plan for COVID-19 vaccines calls for increased access and ramping up production for a pandemic that he warned on Thursday will get worse before it gets better. “More people, more places, more supply,” Bechara Choucair, the Biden administration’s vaccine coordinator, told reporters. “That’s what this boils down to.” Biden wants to expand the number of people with access to vaccines as quickly as possible. His plan seeks to create hundreds of mass vaccination centers around the country. And he wants to compel the manufacturers of vaccines, and of the medical equipment required to administer them, to ramp up production.

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De-risking global supply chains: Looking beyond material flows

De-risking global supply chains: Looking beyond material flows

Hinrich Foundation, October 29, 2024

Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.

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