The UK and EU have agreed to ban insurance for Russian oil cargoes, reports said. VCG/Getty Images India’s demand for oil showed further signs of weakening last month after surging earlier on cheap supplies from Russia. India’s crude oil imports totaled 19.21 million tonnes in June, down from 19.6 million in May and 21.47 million…
A Flybe plane landing at Amsterdam Schiphol Airport arriving from London Heathrow Airport on June 1, 2022. Not related to this piece. Nicolas Economou/NurPhoto via Getty Images A Commonwealth Games athlete’s wheelchair was lost as she was traveling from Amsterdam to the UK to compete. Her teammate reported it being lost on Monday morning, and…
Arizona House Speaker Rusty Bowers arrives to testify before the January 6 committee in Washington, DC on June 21, 2022. AP Photo/Patrick Semansky Rusty Bowers testified at a Jan. 6 hearing about enduring pressure campaign to overturn the 2020 election. Now, he’s facing a Trump-backed primary challenger: former state Sen. David Farnsworth. Bowers told Insider…
Amex and Cardless’s new partnership will let brands launch digital co-branded cards. The tie-up with can help Amex diversify its co-branded card portfolio and appeal to younger consumers. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The news: Co-brand card startup Cardless partnered with American Express to…
Reuters/Lucas Jackson Shopify is laying off about 1,000 people. The layoffs come after the company’s growth has slowed post-pandemic. “It’s now clear that bet didn’t pay off,” CEO Tobi Lütke wrote in a company memo. Shopify is laying off about 1,000 employees, the Wall Street Journal was first to report Tuesday, citing an internal memo…
An artist performs while volunteers remove debris in the village of Yahidne, Ukraine, on July 23, 2022. Viacheslav Ratynskyi/Reuters Ukrainian volunteers are setting up techno raves to help clean up bombed-out buildings. Photos show people posing with mortar shells and a DJ on turntables placed on a stack of ammunition boxes. They told the AP…
Retailers are having to rethink the package of opportunities they offer staff amid an ongoing labor shortage. Jeff Greenberg / Contributor US stocks opened lower Tuesday after Walmart issued a profit warning late Monday. Walmart said high inflation has caused consumers to spend less on general merchandise, especially clothing. That raised more fears about inflation…
Amazon’s smallest smart display is back on sale at one of the best prices we’ve seen. If you missed the chance to pick up the Echo Show 5 on Prime Day, you can get it now for only $40. That’s 53 percent off its normal price and only $5 more than it was during Amazon’s…
Rollerdrome is essentially the video game version of Rollerball, the fabulous 1975 sci-fi film starring James Caan. In Rollerball, monolithic corporations control society and the least powerful citizens are compelled to compete in lethal roller-skating competitions, in the name of entertainment and classism. (Yes, dystopian fiction existed far before The Hunger Games.) The movie is…
Meta started removing COVID-19 misinformation early into the pandemic, but it’s now wondering if it should take a gentler approach. The Facebook owner has asked the Oversight Board for advice on whether or not it should continue its existing coronavirus policies now that the pandemic has “evolved.” The company provided multiple options for the Board’s…