Samsung CEO among those at Biden meeting

Asia's Tech News Daily

Samsung CEO among those at Biden meeting

U.S. President Joe Biden takes part in a roundtable with CEOs and leaders of major retailers, consumer products firms and grocers to discuss the holiday shopping season in the EOP Library of the White House in Washington, Nov. 29. AFP-Yonhap

U.S. President Joe Biden met with chief executives of several major retailers and other companies, including Samsung Electronics Co. of South Korea, Monday to discuss efforts to tackle the global supply chain bottlenecks for the holiday shopping season, the White House said.

Biden hosted the roundtable session with CEOs from businesses that sell electronics, toys, clothing and other items, following the start of the Black Friday holiday shopping season in the shadow of COVID-19 and the omicron variant.

Choi Kyung-sik, CEO of Samsung Electronics North America, was among those who attended the meeting held at the White House along with executives from Best Buy, Food Lion, Qurate Retail Group, Todos Supermarket, Etsy, Mattel and Kroger. Leaders of Walmart and CVS made virtual appearances, the White House said.

“The business leaders gathered here today represent a broad swath of American shopping,” Biden said in his opening remarks. “I want to hear from each of you about what you’re seeing this holiday season, how well prepared are you to have products you need on your shelves, and how you’ve innovated and hired to overcome these supply chain challenges you have.

The Biden administration has been taking measures to try to break supply chain glitches amid concerns over rising U.S. inflation, which hit a 31-year high in October.

“The event follows early estimates that Black Friday sales were up nearly a third since last year,” White House Press Secretary Jen Psaki said in a press briefing. “In-store sales were up by even more than that.”

Biden will directly deliver a message of a robust holiday shopping season to American consumers after the meeting with business leaders, Psaki said. (Yonhap)

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

LG Chem to build hydrothermal plastic recycling plant in S. Korea

SEOUL, Jan. 18 (Yonhap) — LG Chem Ltd., South Korea’s leading chemical producer, said Tuesday it is building its first plastic recycling plant in South Korea that will process used ... Read more »

[Graphic News] South Korean artists' activities nearly halved in 2021

South Korean artists released an average 3.8 artistic works to the public in 2021, a sharp drop from 7.8 pieces in 2018, attributable to the COVID-19 pandemic, a government survey ... Read more »

Daily cases back above 4,000 amid Omicron woes

A medical worker wearing protective gear in a booth prepares to take samples in the sub-zero temperatures at a temporary screening clinic for the coronavirus in Seoul, Jan. 14. AP-Yonhap ... Read more »

Moon holds phone talks with Abu Dhabi crown prince, voices condolences over attack victims

President Moon Jae-in delivers a keynote speech during the opening ceremony of the Abu Dhabi Sustainability Week (ADSW) 2022 at an exhibition center in Dubai on Monday. ADSW is a ... Read more »

Korean banks remain conservative toward cryptocurrency industry

Seen above is a real-time trading price of bitcoin at an office of Bithumb in Seoul on Jan. 10. Yonhap By Lee Min-hyung Korean banks are taking a cautious attitude ... Read more »

N. Korea says it confirmed accuracy of tactical guided missiles in test-firing

This photo, released by North Korea’s official Korean Central News Agency on Tuesday, shows a tactical guided missile being launched the previous day. (KNCA-Yonhap)North Korea said Tuesday that it conducted ... Read more »

Why giving AI ‘human ethics' is probably a terrible idea

If you want artificial intelligence to have human ethics, you have to teach it to evolve ethics like we do. At least that’s what a pair of researchers from the ... Read more »

Boris Johnson and Rishi Sunak to avoid soaring energy prices thanks to ‘cap' on Downing Street bills

Boris Johnson and Rishi Sunak could be shielded from energy price rises on their grace and favour homes in Downing Street – Daniel Leal/AFP via Getty Images Boris Johnson and ... Read more »

Cardinals vs Rams live stream: how to watch NFL playoff game online

A trip to Tampa beckons, but will it be the Redbirds or the Rams in action against the reigning Super Bowl champions come Sunday? The NFC West rivals shared the ... Read more »

Can NFTs be art? Wikipedia isn't sure — and crypto bros are terrified

NFT art has exploded in popularity, but it faces an uncertain future on Wikipedia. Editors of the online encyclopedia recently voted against categorizing non-fungible tokens as art. The result sparked ... Read more »

Yellowstone bison species decision questioned by US judge

YELLOWSTONE NATIONAL PARK, Wyo. — A federal judge has ordered the U.S. Fish and Wildlife Service to revisit part of its decision not to protect Yellowstone National Park’s bison as ... Read more »

Orlando Bloom Reacts to Katy Perry's Sexy Topless Photo – See His Hilarious Response

Orlando Bloom is trolling fiancée Katy Perry – and their flirty exchange has fans laughing. On Thursday, Perry shared a provocative “photo dump” with fans, giving a behind-the-scenes look at ... Read more »

Meghan Markle complains to BBC after podcast claim she apologised for ‘misleading' court

BBC has now issued a statement after hearing from the Duchess‘s team – Caitlin Ochs/Reuters The Duchess of Sussex has complained to the BBC over a podcast about her Mail ... Read more »

The Best Ways to Secure Your Digital Assets and Protect Your Cyber Livelihood

The development of digital assets in the 21st century includes everything from documents saved on the cloud, to eCommerce and virtual content, (which now has adaptive database storage). Technology has created a ... Read more »

Get Up to Speed on Cisco Networking and IT Skills

For many digital businesses, IT support can be a problem. When you run most of your business online, you need outstanding support for your digital resources, so that your customers ... Read more »

Nitro PDF Pro review

With so many PDF editors on the market right now, finding the right deal can be a bit tricky. There are many points to consider, and not all of them ... Read more »

Best Pizza Restaurant POS Systems

If you’re in the business of selling it’s vital to have the best POS system in place to maximise daily sales, staff productivity, and to make the most of your ... Read more »

Cat And Mouse – As Scammers Step Up Their Game, Crypto Security Must Keep Pace

Leading blockchain security firm Chainalysis recently released the first glimpse of its 2022 Crypto Crime Reports, and although there are some signs of progress, it makes for sober reading. In ... Read more »

Wolf Moon: First full moon of 2022 will rise over clear skies tonight

Space Moon Satellites (Copyright 2020 The Associated Press. All rights reserved) The UK will be treated to a rare spectacle on Monday evening, as the peak of a full moon ... Read more »

Energy harvesting roads turn weird science into commercial applications

The idea of a road that can collect and harvest energy from the vibrations of passing cars, buses, and trucks sounds like science fiction. Fortunately, energy harvesting is an idea that’s ... Read more »

Wimbledon offer no participation guarantees to Novak Djokovic amid threat of grand slam lock out

Novak Djokovic prepares to take his seat on a plane to Belgrade – AP Novak Djokovic is under threat of a grand slam exile after he was told he would ... Read more »

Rationalise tariffs on mobile phone parts in Union Budget: ICEA

mobiles under 7000 Ahead of the Union Budget 2022-23, the India Cellular and Electronics Association (ICEA) on Monday urged the government to rationalise tariffs on inputs for parts and components ... Read more »

A bunch of Facebook apps aren't working - and now we know why

Many users have reported that their favorite Facebook apps are no longer working following a recent change to a popular open source software project. The open source project responsible is ... Read more »

Twitter to expand test feature that allows users to flag misleading tweets

Twitter Inc said on Monday it will expand its test feature which allows users to flag misleading content on its social media platform to Brazil, Spain and the Philippines. The ... Read more »

Family of heiress who drowned on holiday win court battle in bid to block multi-million payout to husband

Paula Leeson, 47, died in a swimming pool at a villa in Denmark. (PA/Getty) The family of an heiress who drowned on holiday have won a court battle to pursue ... Read more »

Emma Bunton discusses benefits of split from 'soulmate' Jade Jones

Emma Bunton and her husband Jade Jones have been together for 24 years, but the Spice Girls star revealed they broke up at the beginning of their relationship – and ... Read more »

Portronics launches portable tyre inflator ‘Vayu' at Rs 2,899

Portronics has launched ‘Vayu’, a portable tyre inflator at Rs 2,899. It comes only in one colour: in Black and is available from the company’s official website, Flipkart and leading ... Read more »

Xbox boss Phil Spencer says a PlayStation version of Xbox Game Pass is ‘inevitable'

Phil Spencer, the head of Xbox, says it is “an inevitability” that PlayStation will produce its own version of Xbox Game Pass. Speaking to IGN, and responding to recent rumors ... Read more »

Friendly reminder: soon new ComiXology purchases will not be DRM-free

Here’s one of your last reminders that ComiXology’s digital store will soon be integrated with Amazon, at which point your new comic book purchases will no longer be DRM-free. ComiXology’s ... Read more »

John Whaite reveals the heartbreaking comment Rose Ayling-Ellis made backstage at Strictly final

Strictly runner up John Whaite has revealed the heartbreaking comment made by Rose Ayling-Ellis backstage during the grand final in December. MORE: Giovanni Pernice teases end of partnership with Rose ... Read more »

How to export data and create a report in Salesforce

One of the reasons Salesforce is a standout CRM brand on our best CRM software list is its powerful reporting function, with detailed data to help you make more informed ... Read more »

Sky Cinema 4K channel coming… to Italy

Sky Italia will launch Sky Cinema 4K on January 28, with the new channel acting as a dedicated home in the TV Guide for the service’s 4K movie content. It’ll ... Read more »

Can vehicle charging-roads power our electric future?

In most cities, highways encompass a massive surface area that is expensive to maintain considering the cost of surface maintenance, lamp posts, signage, and electric vehicle charging stations.  But over ... Read more »

Microsoft Teams update finally lets you hide from your own face

One of the worst part of video calls could soon be eliminated for Microsoft Teams users thanks to a new update coming to the service. The video conferencing platform has ... Read more »

Best unlimited web hosting of 2022

<div data-image="https://cdn.mos.cms.futurecdn.net/x2dtk9pw3wQvyvXQnjbcEj-200-100.jpg" data-link="https://partners.inmotionhosting.com/c/221109/412245/4222" data-link-text="View Deal" data-show-fallback="button" data-webp-image="https://cdn.mos.cms.futurecdn.net/x2dtk9pw3wQvyvXQnjbcEj-200-100.jpg.webp" data-widget-introduction=" 1. Inmotion Hosting The best unlimited web hosting provider around. ” data-widget-type=”deal”> 1. Inmotion Hosting The best unlimited web hosting provider around. ... Read more »

The creators of Wallace & Gromit are making a ‘mad, open world' game

Aardman Animations, the creative studio behind Wallace & Gromit and other iconic stop-motion series, is developing a new, open-world video game based on an original IP. The game will focus ... Read more »

Novak Djokovic lands in Belgrade airport after being deported from Australia over a vaccine row

The nine-time Australian Open champion was deported on Sunday after having his visa cancelled. Read more »

Anti-trolling advocates to front inquiry

Anti-trolling campaigner and journalist Erin Molan will join online safety advocates at a third hearing into how social media can be made safer for users. The former Channel Nine presenter ... Read more »

Zahawi shuts down rumours of policy push to save PM

Education Secretary Nadhim Zahawi denies an operation is under way to save Boris Johnson amid claims of Downing Street parties. Read more »

Goodwill claims it was hit by data breach

American nonprofit Goodwill has suffered a data breach that is affecting the users of its ShopGoodwill.com e-commerce auction platform. Reports say the company’s platform has had an exploitable vulnerability which ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic