Spend Matters Japanese Earthquake/Tsunami Continuing Coverage (Part 2)

2nd UPDATE: Foreign Businesses Hit By Japan Earthquake -- Global companies in industries ranging from cars to technology Friday started trying to assess the impact of the giant earthquake in Japan as operations were disrupted. The 8.9-magnitude earthquake struck northern Japan, causing deaths and damage to the northeast and panic as far south as Tokyo, with an ensuing tsunami devastating coastal areas. The Japanese auto industry was among the worst hit, with Nissan Motor Co. (7201.TO), Toyota Motor Corp. (TM) and Honda Motor Co. (HMC) among those shutting plants.

Update: Quake prompts supply chain worries -- Normally factories, which are built to withstand earthquakes in the area, suffer little damage and the worst that happens is a loss of work in progress. However, this is massive earthquake and factories could have been damaged, and re-establishing electricity and water supplies and transportation links may take many days.

Devastating Earthquake in Japan, Tsunamis Hitting Costal Shores and the Effect on the Supply Chain -- The news, Twitter, Facebook and blogs have been filled with coverage about the 8.9 earthquake that rumbled the island of Japan early this morning. The earthquake was the largest the country has seen in 100 years. More than 300 dead bodies were found in Sendai, which is a coastal town close to Kukido. The death toll is likely to triple this amount. It's simply devastating...

Japan quake rebuild costs may be steep -- The massive earthquake off the Japanese coast Friday morning sent oil prices sharply lower and caused worry over how the debt-laden country will pay for its own reconstruction.

- Sheena Moore

Discuss this:

Your email address will not be published. Required fields are marked *