Road trippers may encounter some gas stations that are low on fuel, according to AAA.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
(Bloomberg) -- The price of U.S. lumber will fall further in the coming months as sawmills increase production, though demand is expected to hold strong, according to Capital Economics.“High prevailing prices have already encouraged lumber mills to boost output and we anticipate that domestic production will rise even further as labor shortages in the trucking and forestry sector dissipate,” Samuel Burman, assistant commodities economist, said in a note Wednesday.The number of rail cars hauling
(Bloomberg) -- Even a more than 400% jump in the number of fracking crews working the U.S. shale patch isn’t enough to send oil output soaring. In fact, it’s just enough to keep production relatively flat this year, according to Primary Vision Inc., which has tracked data on frack crews since 2013.After an 85% tumble in the number of crews completing wells during the depths of the pandemic, the figure has steadily recovered over the past year. It now stands at 235, up from 45 on May 22, 2020. Th
- Business Insider
Tim Cook, Jamie Dimon, and other CEOs say employees should return to the office because it boosts creativity. Experts say that's a 'fairy tale.'
Prior research shows open-layout offices had 70% fewer face-to-face interactions, and new tools and practices make remote working more effective.
When a vast majority of the white-collar work force went remote last year, life changed in ways many people wouldn't imagine. Employers found that remote workers can be productive, connected and...
- Business Insider
Watch a $399 speaking CCTV camera used in some 7-Eleven stores ask a worker whether they've paid for an iced coffee they grabbed from the fridge
"Good morning cashier," the camera asked one clerk. "Could you please confirm me that you have scanned the bottle that you took from the cooler?"
- USA TODAY
'They're hitting the pause button': Lumber price roller coaster forces Americans to delay costly renovations
Homeowners are worried about committing to new builds or renovations despite a recent drop in lumber futures as prices remain elevated amid COVID.
When Elon Musk isn’t busy manipulating the cryptocurrency market, China is happy to do so in his place. In a repeat of what we witnessed earlier this year, bitcoin is crashing on Monday, following more bad news from China, where many mining operations have been taken offline. China’s desire to regulate digital currency isn’t new, …
The United States International Trade Commission (ITC) said on Wednesday that U.S. manufacturers are "materially injured" by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand. The ITC also found subsidized passenger tires from Vietnam injure domestic manufacturers. The U.S. Commerce Department as a result of the order "will issue antidumping duty orders on imports of these products from Korea, Taiwan, and Thailand, and a countervailing duty order on imports of these products from Vietnam," the ITC said.
- Yahoo Finance
According to some entrepreneurs, the post-COVID landscape landscape is making employers think more holistically about the opportunities they’re offering would-be workers.
A famous Chinese liquor known for being consumed by former Presidents Richard Nixon and Barack Obama during visits to the country sold for over $1 million at an auction in London. The auction: Kweichow Moutai set the record for the "highest price ever paid at an auction for a single lot of Moutai outside China" on June 18, according to CNN Business. Moutai's history: Moutai, named after the small town of Maotai in the southwestern Chinese province of Guizhou, is rare since it can only be produced in that specific town.
(Bloomberg) -- A key spread between monthly oil futures contracts has blown out to the widest level in seven years as traders bet that U.S. crude inventories are about to get a whole lot tighter.The premium traders are placing on West Texas Intermediate crude for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013
- Business Insider
Amazon reportedly evaluates its office workers with a tiered system that targets 6% of them leaving every year
Amazon evaluates office workers on a curve to help meet the company's 6% "unregretted attrition" rate each year, according to a news report.
- Business Insider
Factory work used to pay far better that fast-food jobs - but thanks to the labor shortage, the gap is quickly closing, and manufacturers are losing staff
Restaurants are hiking up wages, but manufacturers told the WSJ it's more difficult for factories because of rising raw materials costs.
What Happened: Shenzhen-based Bitcoin miner BIT Mining (NYSE: BTCM) has already shipped some of its mining equipment outside China, according to a press release from the company. The company reported that 320 mining machines with a capacity of 18.2 PH/s had been delivered to a facility in Kazakhstan, which is expected to be fully operational by June 27. A second and third batch, totaling 2,600 mining machines with a theoretical maximum total hash rate capacity of 102.3 PH/s, are also expected to
(Bloomberg) -- Yantian International Container Terminals, which handles cargo at one of the world’s busiest container ports, will restore normal operations after a Covid-19 outbreak caused a month of disruptions that snarled global supply chains and led to a surge in shipping rates.All berths at the port of Yantian, part the Port of Shenzhen in southern China, will be fully operational on Thursday as the virus situation is now under control, Yantian International said in a statement. The company
- Travel & Leisure Video
Here's everything you need to know before you fly, according to Delta Air Lines reviews.
(Bloomberg) -- The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near $150 a barrel more than a decade ago, according to Rystad Energy.Combined free cash flow from the sector is expected to surge to $348 billion, beating the previous high of $311 billion in 2008, Rystad said. Key to the turnaround is U.S. shale, with the industry expected to reverse years of losses in 2021 and make “super profit
During Monday's fast paced "Lightning Round" segment of Mad Money, a caller asked Jim Cramer about a renewable chemicals and biofuel company, Gevo Inc. : "People need to make room in their portfolio for this stock," he replied. The trading volume is hard to read because of the scaling, but the On-Balance-Volume (OBV) line shows a rise into late January followed by a slow and shallow decline. The weekly OBV line has moved steadily higher and only dipped slightly when prices corrected lower.
(Bloomberg) -- Chip-starved industries from automakers to consumer electronics will need to wait a bit longer for components, as delays in filling orders continue to get worse.Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by seven days to 18 weeks in May from the previous month, an indication that chipmakers’ struggles to keep up with demand are worsening, according to research by Susquehanna Financial Group. That gap, already the longest wait time sinc
- Scary Mommy
A new report by the Washington Post reveals that nearly 650,000 retail workers left their jobs in April because people are tired of working long hours under unfair conditions for low pay and benefits Retail workers have long been mistreated by customers and management, working thanklessly in less-than-ideal conditions typically offering low pay and negligible