Afternoon Coffee: Typhoon Hits Taiwan, Senate Approves GMO Labeling Bill

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Super typhoon Nepartak struck Taiwan earlier today, causing power outages and damage to buildings and homes. The storm is now headed for eastern China, and is likely to cause supply chain disruptions to companies working with partners or suppliers in the region.

The U.S. Senate passed a bill setting a national standard for how foods made with genetically modified ingredients are labeled. The Senate approved the legislation Thursday, which call for food labels to include words, pictures and a bar code for smartphone scanning to provide consumers with information on GMO contents.

A Dutch electronics company Fairphone released an “ethical” smartphone made with responsibly sourced materials and labor. While makers of the Fairphone 2 smartphone said the product is not “100% fair,” the company does aim to show how companies can dig deeper in their supply chains to reveal unethical practices or conflict minerals.

Retailer Nordstrom has bought a stake in supply chain software firm DS Co. Utah-based DS Co. offers a cloud-based service that helps link inventory management between suppliers and retailers.
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