Shutdowns (Institutional)
Noma, Rated the World’s Best Restaurant, Is Closing Its Doors
Since opening two decades ago, Noma — the Copenhagen restaurant currently serving grilled reindeer heart on a bed of fresh pine, and saffron ice cream in a beeswax bowl — has transformed fine dining. A new global class of gastro tourists schedules first-class flights and entire vacations around the privilege of paying at least $500 […]
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Who’s to Blame for a Factory Shutdown: A Company, or California?
VERNON, Calif. — Teresa Robles begins her shift around dawn most days at a pork processing plant in an industrial corridor four miles south of downtown Los Angeles. She spends eight hours on her feet cutting tripe, a repetitive motion that has given her constant joint pain, but also a $17.85-an-hour income that supports her family. […]
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Truckers’ Protests Over Labor Law Block Access to Oakland’s Port
For days, a convoy of truckers has blocked the roads that serve the Port of Oakland, crippling a major West Coast cargo hub already hampered by global supply chain disruptions. The protest is meant to send a message to Gov. Gavin Newsom: Keep the drivers clear of a California labor law that they say threatens […]
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Chipotle Closes Maine Store Looking to Unionize, Workers Say
Workers who filed for a union election at a Chipotle in Augusta, Maine, are accusing the company of seeking to undermine their campaign by closing the restaurant. The company notified employees of the closing on Tuesday morning, hours before the two sides were scheduled to take part in a hearing before the National Labor Relations […]
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Start-Up Funding Falls the Most It Has Since 2019
SAN FRANCISCO — For the first time in three years, start-up funding is dropping. The numbers are stark. Investments in U.S. tech start-ups plunged 23 percent over the last three months, to $62.3 billion, the steepest fall since 2019, according to figures released on Thursday by PitchBook, which tracks young companies. Even worse, in the […]
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Nuclear Power Gets New Push in U.S., Winning Converts
Ms. Capito has argued that coal-fired power plants, which have been closing as the nation moves away from fossil fuel sources, could become sites for nuclear reactors. That would provide benefits for places like her home state, which has produced coal and relied on it as fuel for power generators. “Ultimately, you get to a […]
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Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said. Republicans, meanwhile, have blamed the Biden administration — and in particular, the $1.9 trillion American Rescue Plan that Democrats passed early last year — for making inflation worse. Many economists, among them Democrats, agree that […]
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Abbott Baby Formula Plant Again Stops Production, This Time Because of Flooding
A baby formula plant in Sturgis, Mich., which resumed production less than two weeks ago after a monthslong closure that exacerbated a nationwide shortage, has again shut down after parts of the facility were flooded during a severe storm. The company that operates the plant, Abbott Nutrition, said on Wednesday that it was forced to […]
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F.D.A. Chief Details ‘Shocking’ Conditions at Baby Formula Plant
The Abbott Nutrition plant in Michigan that was shut down in February, sparking a widespread baby formula shortage crisis, had a leaking roof, water pooled on the floor and cracks in key production equipment that allowed bacteria to get in and persist, Dr. Robert Califf, the head of the Food and Drug Administration, told a […]
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