News Formal

An Anarchic Gray Market Controls Vital Supply of Protective Gear

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

With protective gear like masks scarce, the job of supplying it to America has fallen to a vital but anarchic gray market. “We’re trying to reinvent the supply chain.”

A few weeks ago, Mike Gula was negotiating millions of dollars of deals in the gray market for protective gear, in line for a huge profit. Mr. Gula, 39, had rocketed up to become among the largest brokers peddling masks and other medical equipment to states in need as they fight the new coronavirus.

Now, his deals with several states including California and Maryland have come undone. He is facing federal and state investigations. His firm, Blue Flame Medical LLC in Washington, D.C., is scrambling to secure supplies from...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Why doesn’t MSM headline why trump silenced CDC guidance for opening America business? Because the guidance says WAIT until there’s a therapeutic that will stop the deaths! Concealment

the world forgets about them?

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The Glut Drowning the Oil MarketThe overwhelming supply of crude is threatening one of the world’s vital industries and could prolong the economic fallout from the coronavirus. Why not leaving in the ground? If the world is awash with oil and there is little demand (I haven't bought diesel/gas for nearly 2 months) why keep producing it?
Källa: WSJ - 🏆 98. / 63 Läs mer »