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Marketplace All-in-One

The Baltimore bridge collapse will affect some sectors more than others

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 27 March 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

Authorities have recovered the black box from the container ship that crashed into a Baltimore bridge; some automakers say they are being impacted; Trump Media shares soar in market debut; Disney adds Hulu content for Disney+ subscribers.

Transcript

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0:00.0

The Baltimore Bridge collapse will affect some parts of the economy more than others.

0:06.0

I'm Novasafa with a marketplace minute. Authorities have recovered the black box from the

0:10.0

container ship that crashed into and destroyed the bridge. After leaving the city's port, six people who are

0:15.7

fixing potholes on the bridge are presumed dead. Companies are scrambling to reroute containers from the now

0:21.8

closed port, which is particularly important

0:24.4

for passenger vehicle construction and farm equipment shipments.

0:28.1

Some automakers are already feeling the pinch.

0:30.6

Ford is diverting shipments of parts. Toyota expects some disruptions of its exports.

0:35.2

Carmakers said the impacts will likely be minor as other ports can pick up the slack.

0:39.7

Retail traders send shares of Trump Media and Technology Group higher in their market debut yesterday.

0:45.6

The stock was among the most traded on the NASDAQ.

0:48.6

Disney has completed integrating the two major streaming services it operates, Disney Plus subscribers can now watch Hulu content

0:55.6

for an additional $2 a month. The company's streaming unit has been losing money since its

1:00.2

2019 launch. I'm Novasafo with a marketplace minute.

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