Monthly Archives: July 2022

Allwhere launches out of stealth to help companies manage their remote workforces

Given the recent economic downturn, some companies are skeptical that the pandemic-led move to remote and hybrid work will have staying power. According to an April survey by Good Hire, 77% of managers said they’d considering firing employees or cutting their pay for refusing to return to the office. Most expressed concerns about remote employees’…

Instacart expands its EBT SNAP payments program to 10 more states

Instacart announced today that Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) can now be used to buy groceries online in 10 additional states through its app. The 10 states are Colorado, Hawaii, Idaho, Louisiana, Montana, New Mexico, Oregon, Utah, Washington and Wyoming. Instacart says Albertsons Companies and Sprouts Farmers Market are among…

Shortage of fiber optic cables could spell disaster for technology firms

An acute shortage of fiber optic cabling is set to create significant bottlenecks across critical communications infrastructure projects worldwide. Analysis from market intelligence firm Cru Group shows the price of fiber has risen 70% over the last 18 months or so, as demand for internet-based services rises and countries press ahead with their respective 5G…

Disabled passenger says he had to be helped off a plane by an ’embarrassed’ pilot after airport staff failed to show up for 30 minutes

Aircraft operated by TUI, Virgin Atlantic, Easyjet and Jet2, pictured at Manchester Airport. The image is not related to this story. Anthony Devlin/AFP via Getty Images An amputee was left stranded on a plane at Manchester Airport last month, Manchester Evening News reported. David Judd said nobody came to help for 30 minutes, so the…

‘Amnesia’ over energy security is coming to an end as Europe faces a supply crunch, S&P’s Dan Yergin says

Europe’s energy supplies are waning and its prompting governments to think and act fast. AP The West is treating energy security more seriously now, according to S&P’s Dan Yergin.  Now that energy supplies are waning from reduced Russian supply, Europe is at major risk.  “This amnesia about energy security is over,” Yergin said, adding that…

China needs to grow its US dollar reserves to boost the yuan’s status as a global reserve currency and gain credibility, new study says

Dollar vs. Yuan ByoungJoo/Getty Images A new research paper broke down how China can boost the standing of the yuan as a global reserve currency.  One way this can happen is if China builds credibility that the yuan and dollar have a stable conversion rate.  Dollar dominance on the world stage won’t be going away,…