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BSN and Turck US form collaboration to offer Turnkey RFID Item-Level Tracking

Newswire.com DENVER — As a key supplier of RFID labels to retail brands and stores, BSN will tap into the innovative RFID Gate Systems offered by Turck. Mounted over a warehouse dock door or other opening, items going through the gate are captured and recorded simultaneously into a customer’s ERP system or a Cloud server. RFID labels, currently used for item visibility within the store, can be used to provide reports throughout the supply chain. It would simply require the installation of a turnkey RFID infrastructure in the warehouse and distribution centers. “We knew that ...

New coffeehouse opens in Richfield

RICHFIELD — When Jaysen Sheeler broached the subject of opening a coffee shop in the old Geisinger medical office in Richfield, his father, Brian, wasn’t crazy about the idea. Brian didn’t want to shatter the teenager’s dream but offered a scenario that seemed unlikely. “It was a ...

Tesla cuts vehicle prices in bid to boost demand

The Associated Press DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest. The company dropped prices nearly 20% in the United States on some versions of the Model Y SUV, its top seller. That cut will make more versions of the Model Y eligible for a $7,500 electric-vehicle tax credit, which will be available through March. Tesla also reduced the base price of the Model 3, its least ...

US inflation eases grip, falling for a 6th month

WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it. Inflation declined to 6.5% in December compared with a year earlier, the government said Thursday. It was the sixth straight year-over-year slowdown, down from 7.1% in November. On a monthly basis, prices actually slipped 0.1% from November to December, the first such drop since May 2020. The softer readings add to growing signs that the worst ...

California latest to sue drug companies over insulin prices

SACRAMENTO, Calif. (AP) — California on Thursday announced it will sue the companies that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug and demanding they return millions of dollars to some diabetics who state officials say were overcharged for the medicine they must have to survive. The lawsuit, to be filed in Los Angeles County Superior Court by Attorney General Rob Bonta, is the latest in a parade of legal actions against these companies from states across the political spectrum — all who have accused the ...

Wall Street ticks higher as hot US inflation cools further

NEW YORK (AP) — Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates. While the report on U.S. inflation was clearly encouraging, stocks had already rallied earlier this week in anticipation of exactly such data. The numbers were in line with forecasts on many points, and analysts warned investors not to get carried away by them. The S&P 500 rose 13.56 points, or 0.3%, to 3,983.17. The Dow Jones Industrial Average rose 216.96 points, ...