Monthly Archives: August 2022

China’s oil imports have surged from an area known for offshore ship-to-ship crude mixing meant to hide its origin

Russia has rerouted its oil exports away from Europe towards Asia. Suriyapong Thongsawang/Getty Images China’s imports of Malaysian crude oil have soared to nearly 800,000 barrels per day, according to data compiled by Bloomberg.  That’s more oil than what Malaysia actually produces on its own, suggesting some crude arrived from other sources. The waters off…

Millennials have struggled to find well-paid jobs despite being the most-educated generation. It’s because there are more college degrees, but fewer jobs that require them.

The NBER researchers found that the shrinking availability of “matched jobs,” or jobs that require a college degree, is responsible for millennials’ worsening financial prospects over the years. Andy Sacks/Getty Images Millennials have higher college attainment than Gen X, but get less value out of a degree.  That’s because of higher tuition costs, and fewer…

THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This is a preview of the Business Insider Intelligence Online Grocery premium research report. Purchase this report here.Business Insider Intelligence offers even more e-commerce and payments coverage with our Payments & Commerce Briefing. Subscribe today to receive industry-changing retail news and analysis to your inbox. The coronavirus pandemic has brought online grocery — a promising…

8 unconventional benefits million-dollar companies use to retain employees, from minimum vacation days to work-from-home care packages

Insider Some companies allow employees to work from anywhere and pay for remote costs like internet access. Jasmina007/Getty Images Employee benefits are key to hiring and retaining talent in today’s competitive labor market.  HR expert Sophie Theen suggests companies tailor their policies and culture to their employees. Here are eight unconventional benefits million-dollar companies use…

Trump timed the takeoff of Air Force One to coincide with the crescendo of ‘Nessun Dorma,’ UK filmmaker says

Trump arrives in Air Force One in 2017. Photo by Joe Raedle/Getty Images Donald Trump timed the takeoff of Air Force One to coincide with the crescendo of “Nessun Dorma,” a UK filmmaker said. Alex Holder said he got to see how Trump used the “machinery and the apparatus of the presidency.” “It’s almost like…

A last-of-its-kind battleship that fought in both world wars is on the move for the first time in over 30 years for repairs

The USS Texas is towed down the Houston Ship Channel, Wednesday, Aug. 31, 2022, in Baytown, Texas. The vessel, which was commissioned in 1914 and served in both World War I and World War II, is being towed to a dry dock in Galveston where it will undergo an extensive $35 million repair. AP Photo/David…