Tag Archives: Grapple

Restaurants continue to grapple with the aftermath of COVID-19 as surging prices, supply chain headwinds and labor shortages compound an already struggling sector. “This is the toughest operating environment I’ve ever seen for this industry…and I haven’t seen anything loosen up yet,” AJ Kumaran, Raising Cane’s co-CEO and COO, told Yahoo Finance in a new interview. Labor has been one of the most difficult obstacles for restaurants to overcome, with nearly half of all operators citing… Source link

Can’t find what you need at the store again? You’re not alone. Shoppers pushing their carts around the supermarket may notice thin shelves while reaching for their favorite products, as the increasingly hits home for consumers already stung by higher prices on virtually everything. Bare store shelves were common at the start of the pandemic, driven largely by panic-buying. But almost two years in, some spaces are empty again — but for slightly different reasons. As the holiday season… Source link

As the global oil and gas markets are recovering from the steep sell-off last Monday, threats in the market are not just linked to demand-supply concerns. Cybersecurity specialists reported this week that hackers managed to get access to a large amount of data from Saudi oil giant Aramco. The company has confirmed that around 1TB of (confidential) data was stolen from its servers. According to AP sources, the data has been put on offer on the darknet for a price of $50 million. It is at… Source link