Biden’s China tariff threats are more bark than bite, economists say
CNBC, April 11, 2024
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The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
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Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
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'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
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Plan for AI to handle tax-return preparation
Federal News Network, April 12, 2024
Millions of Americans are sweating over one of the most intrusive processes known to mankind. The IRS is in high gear as it prepares to process tax returns.
Bird flu detected among chickens in Texas and Michigan
The Guardian, April 12, 2024
Avian influenza has been detected among chickens in Texas and Michigan, following news of the virus infecting livestock and then a person for the first time in the US and potentially leading to supply chain issues.
Podcast #199 — Smile for Security: Facial Recognition in Travel
Travel Commons, April 11, 2024
Using my face as my boarding pass to get on a flight to Oaxaca, Mexico and then as my passport to get back in the US got me thinking about how facial recognition has permeated the travel experience. To help us understand where this is going, we talk with two travel industry experts, Dr. Sheldon Jacobson and Henry Harteveldt.
The Port of Baltimore Will Bounce Back
Federal Reserve Bank of Richmond, April 9, 2024
In the early morning of March 26, Baltimore's Francis Scott Key Bridge collapsed when a container ship struck it, killing six construction workers and severing water access to most terminals within the Port of Baltimore indefinitely. With respect to economic losses from the port closure, the temporary losses for the region look to be severe. However, there are several reasons to be optimistic about the port's recovery and a minimal long-term loss for the region and the nation.
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