According to a new government report, complaints about ticket refunds skyrocketed after the pandemic caused massive cuts to air travel. Eighteen airlines, foreign and domestic, are now under investigation for refund practices.
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
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.
- Associated Press
Boasting that government policies can make a difference in improving the economy, President Joe Biden went too far Thursday in taking credit for job growth since taking office. Jeffery Born, an energy-markets expert at Northeastern University, said current gasoline prices are partly a result of production and refining capacity that was knocked offline by Hurricane Ida and other factors – even a shortage of tanker drivers.
You may have been overcharged for chicken.
- Food & Wine
Six major chicken producers have agreed to a $181 million payout over alleged price-fixing.
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".
- 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.
(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
- 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
'Ghosting coasting' is the latest labor challenge for employers, where underqualified hires disappear before they can be fired
The social disappearing act has arrived in the workplace in a new way as US employers scramble to find staff in a tight labor market.
- 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
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.
The distance between their farms and the nearest processor is key for smallholder farmers who need to process their crops. With distance and logistics problems, farmers' crops can go bad and when factories buy them, it affects their processing yields and price. Farmers, witnessing post-harvest loss, also get paid less and miss the opportunity to invest in their crops production.
(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
- The Telegraph
Ursula von der Leyen is seeking to take command of a centralised European microchip industry and prevent competition between countries as Brussels extends its reach into tech manufacturing.
- The Telegraph
The Duke of York has suffered an early setback in his US sex assault case after a judge refused to unseal a document that could invalidate the damages claim.
- 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.
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.
If you've been on the job hunt for a while, you might be feeling exasperated and be tempted to apply to any job posting that you are vaguely qualified for. But keep in mind that we spend a large...