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In most cases, the Nigerian farmer cracks palm nuts with large stones, an inefficient process that makes eventual finished goods more expensive. Nigeria-based startup Releaf intends to solve this problem by processing produce from farmers, and also delivering the oil to food manufacturers.
China, which makes 57% of the world's steel, plans to shrink its output this year—which means that chronic shortages of new cars and other products are likely to continue into the near future.
Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Shares of the airline jumped 7% on Thursday after it raised its passenger growth forecast. The Irish airline, one of Boeing's biggest customers, will keep talking to the planemaker, O'Leary said in an interview, adding that relations between the two remain "very good".
US president Joe Biden’s Sept. 9 order directing companies with more than 100 workers to require Covid-19 vaccinations or weekly testing has caused concern among some business owners, who worry workers will quit as a result of the mandate. Delta Air Lines announced on Aug. 25 it would charge employees for their healthcare plans if they aren’t vaccinated against Covid-19 by November. “The average hospital stay for Covid-19 has cost Delta $50,000 per person,” CEO Ed Bastian wrote in a memo.
- Raleigh News and Observer
Dispute between former Duke star, ex-agent settled in federal court.
Crude oil shot up more than 3% in only one day amid rising demand and a supply disruption, while many oil and gas stocks were up even more.
- Food & Wine
It's not unemployment benefits that are stopping workers like me from returning to restaurants. In March 2020, most of us were cast off like yesterday's trash.
- Business Insider
Coca-Cola's New York distributor says it's short of truckers, after a supermarket CEO complained he was struggling to get hold of the beverage giant's products
Liberty Coca-Cola Beverages, which distributes Coca-Cola's products, said it was offering signing bonuses and free classes to plug a trucker shortage.
- The Guardian
Delivery drivers and warehouse workers are already monitored relentlessly. Now white-collar employees are getting a taste of surveillance capitalism ‘Studies on work-from-home programs tend to show that people are actually more productive, but employers are still terrified that their time is being wasted. Little concern, of course, is displayed when employers waste their employees’ time.’ Photograph: Alamy The corporate handwringing started at almost the same time as the lockdown orders: “But if
(Bloomberg) -- Americans who rely on propane for heating are facing the most expensive winter in years as prices for the fuel jump to the highest since 2014.Propane prices have risen almost 60% so far this year in Mont Belvieu, Texas, the main U.S. trading hub, amid strong overseas demand and tighter production. A rally in natural gas is adding momentum, since about 80% of America’s propane is a byproduct of gas processing.The propane surge comes amid skyrocketing costs for raw materials, adding
Following the Democratic Republic of the Congo’s suspension of Chinese companies over illegal activities, Beijing said it will impose sanctions on the businesses if they are found guilty. It is rare for China to condemn the activities of its own companies in Africa and elsewhere, despite existing accusations of illegal operations, human rights abuses and environmental violations. China has a strong presence in the DRC’s mining sector, with its companies having invested heavily in the central African country’s abundant copper and cobalt resources.
(Bloomberg) -- The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive.“There are things that are interfering with market signals right now that we haven’t seen before. Eventually things work out, but eventually can be a long time,” Chief Executive Officer Mike Wirth said Wednesday in an interview at Bloomberg News headquarters in New York. He expects strong prices for gas, lique
I worked as a character performer in the Disney parks. Here are 3 things that surprised me after I got hired.
I was a character performer at Disney World and Disneyland for years. The strict casting rules and fear of being fired for looking "wrong" were tough.
- Robb Report
Andrea Baldi is ready to take on the biggest challenge of his career, in the marque’s most important region.
- Motley Fool
Retirement savings statistics usually highlight how badly people are doing at preparing for their future, but one stat in Transamerica's latest retirement survey bucks this trend: Approximately 30% of households have saved $250,000 or more for retirement already. Most of us can fortunately count upon Social Security to help us with some of our retirement costs so we don't have to rely solely upon our personal savings. Most people will need $1 million or more to retire comfortably, but the only way to know what you'll need is to put together a retirement plan that takes your health and lifestyle into account.
Europe’s energy crisis goes from bad to worse as Dutch and U.K. natural gas prices see double-digit gains
Europe’s energy crisis deepened on Wednesday, with natural gas futures in Europe and the U.K. soaring by double digits, while a fire at a electricity converter station that connected France to England. European benchmark natural gas prices have soared 287% year to date, driven by a shortage of supplies from Russia, which is using more of its own natural gas; a lack of U.S. supply due to hurricanes disrupting refineries; a heat wave in the U.K. and elsewhere that has disrupted wind power; and hurricanes knocking out supplies from the U.S. Gulf of Mexico.
- Yahoo Finance Video
Brian Sozzi gives us his latest in-depth take on Electric Vehicle start-up Rivian's successful production of an electric pickup beating other major EV automakers to the market. Watch Brian Sozzi, and Julie Hyman break down what this breakthrough could mean for Rivian moving forward.
- USA TODAY
Prince Andrew was properly served with a sex-abuse lawsuit under international law, English court authority declares. What happens now?
Congressional Democrats want to slam shut a tax loophole known as the “backdoor” Roth IRA. In one of several proposed changes that target the retirement accounts of wealthy Americans, Democrats on the House Ways and Means Committee want to prohibit people … Continue reading → The post Democrats Want to End This Lucrative Retirement Account Loophole appeared first on SmartAsset Blog.
U.S. mining companies are blasting proposals in Congress that would set royalties for copper, lithium and other minerals extracted from federal land, with executives saying the measures would hurt domestic production of the building blocks for solar panels, electric vehicles and other green technologies. The House of Representatives Natural Resources Committee added language to the proposed $3.5 trillion reconciliation spending measure last week that would set an 8% gross royalty on existing mines and 4% on new ones.