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Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was “only mildly impacted by the transit challenges in the Red Sea."

Persons: What’s, Ryan Petersen, Petersen, It’s, Clifton Broumand, Broumand, —, ”, “, it’s, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, it's, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti, ____ Anderson, Kelvin Chan, Anne D'Innocenzio, Yuri Kageyama, Tom Krisher, David McHugh Organizations: WASHINGTON, —, Hamas, Machine, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer, Free People, AP Business Locations: Belgium, Germany, British, Maryland, Asia, Ukraine, Yemen, Gaza, Europe, United States, Suez, Africa, “, Panama, Greater Landover , Maryland, Taiwan, China, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India, New York, London, Tokyo, Detroit, Frankfurt

☆ Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: +8 min

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was "impacting everyone and something we're very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was "only mildly impacted by the transit challenges in the Red Sea."

Persons: It's, Petersen, Ryan Petersen, Clifton Broumand, Broumand, it's, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti Organizations: Galaxy, Houthis Media, Getty, Machine, Hamas, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer Urban Outfitters, Free People Locations: Iran, Yemen, Anadolu, Greater Landover , Maryland, Taiwan, China, Gaza, Panama, Asia, Europe, United States, Suez, Africa, Ukraine, Belgium, Germany, British, Maryland, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India

☆ Outdoor Voices founder is mocking the athletic brand on social media after her contentious ouster 3 years ago
▼ + stars: | 2023-07-03 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Haney founded the activewear brand in 2013 and stepped down as CEO in 2020. She founded Outdoor Voices in 2013 as a direct-to-consumer activewear apparel brand catering to everyday women who participate in recreational activities like jogging and leisure hikes. Outdoor Voices had raised $64 million in funding, reached a $110 million valuation, and gained a cult following of millennial women. Tyler Haney founded the activewear brand Outdoor Voices in 2013. Haney and Outdoor Voices did not immediately respond to Insider's request for comment.

Persons: Tyler Haney, Haney, —, Guy Raz, Mickey Drexler, Rick Kern, Emily Weiss, Away's Jen Rubio, Gabrielle Conforti Organizations: Service, OG, Outdoor, Getty, New York Times, Outdoor Voices, Urban Outfitters, TechCrunch

☆ Bosses Want Hard Workers—So They’re Hiring Older People
▼ + stars: | 2023-04-06 | by ( Callum Borchers | ) www.wsj.com time to read: 1 min

Kip Conforti is hiring for a part-time position at one of two package-shipping stations that he owns in Pennsylvania. He’s filled such roles with high school and college students during two decades in business, but this time his top candidate is a man in his 70s. Mr. Conforti has grown weary of younger employees who, he says, arrive late for shifts, call out of work often and spend more time scrolling social media feeds than chatting with customers. About a year ago, he tried something different—recruiting people who are more likely to carry AARP cards than the latest iPhone.

☆ Do Older Workers Work Harder? Some Bosses Think So
▼ + stars: | 2023-04-06 | by ( Callum Borchers | ) www.wsj.com time to read: 1 min

If you have one of the Chase IHG Rewards credit cards, you'll earn an extra 10 points per dollar with the IHG® Rewards Premier Credit Card and IHG® Rewards Premier Business Credit Card, or 5 points per dollar with the IHG® Rewards Traveler Credit Card. Other ways to redeem IHG pointsOpt for airline miles instead of IHG Rewards pointsIf you'd rather receive airline miles for your stays instead of IHG Rewards points, that's an option, though redemption rates vary by airline. Transfer IHG points to a friendThere's also an option to transfer IHG points to a friend or family member at a cost of $5 per 1,000 points, or buying them through IHG's website. Some of these redemptions are as low as 100 IHG points, so if you haven't had any activity in your account recently, this is a good way to keep your IHG points from expiring. Use IHG points to attend special eventsThrough IHG Auctions, you can redeem IHG points for concerts, sports, special events, or other experiences.

How to earn Southwest pointsCompare Southwest credit cards Southwest Rapid Rewards® Plus Credit CardSouthwest Rapid Rewards® Premier Credit CardSouthwest Rapid Rewards® Priority Credit CardSouthwest® Rapid Rewards® Premier Business Credit CardSouthwest® Rapid Rewards® Performance Business Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Transfer points from Diners Club or hotel loyalty programsDiners Club members can also transfer Club Rewards points to Southwest — 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low:5,000 Best Western Rewards points = 1,200 Southwest points6,000 Choice Privileges points = 1,800 Southwest points2,000 Radisson Rewards America points = 200 Southwest points50,000 Radisson Rewards America points = 5,000 Southwest points100,000 Radisson Rewards America points = 10,000 Southwest points9,000 Marriott Bonvoy points = 3,000 Southwest points30,000 Marriott Bonvoy points = 10,000 Southwest points60,000 Marriott Bonvoy points = 20,000 Southwest points90,000 Marriott Bonvoy points = 30,000 Southwest points120,000 Marriott Bonvoy points = 40,000 Southwest points5,000 World of Hyatt points = 2,400 Southwest points50,000 World of Hyatt points = 24,000 Southwest pointsNote that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred. For instance, a $220 Business Select fare would yield 2,640 Southwest points, while a $200 Anytime ticket would yield 2,000 Southwest points, and a $100 Wanna Get Away ticket would yield 600 Southwest points. Earn Southwest points by taking online surveysYou can earn points by taking online surveys through E-Rewards — $15 worth of E-Rewards yields 300 Southwest points, $25 worth of E-Rewards yields 600 Southwest points, $50 worth of E-Rewards yields 1,200 Southwest points, and $100 worth of E-Rewards yields 2,400 Southwest points.

Best credit cards for seniors and retireesSubscribe to the Select Newsletter! How to redeem rewards: Points can be redeemed for cash back or gift cards at a rate of 1 cent per point. How to redeem rewards: Points can be redeemed at a rate of 1 cent per point toward travel, statement credits, gift cards or merchandise through the Rewards Center. Other great perks: Perks include special benefits through Silvercar Car Rental and the Luxury Hotel Collection, 24-hour service via the Visa Signature® Concierge, lost luggage reimbursement and exclusive access to fine dining and entertainment experiences. Find the best credit card for you by reviewing offers in our credit card marketplace or get personalized offers via CardMatch™.

Thankfully, there are a few ways to get around those extra fees, with more airlines offering passengers access to free Wi-Fi than ever before. Hawaiian Airlines is also planning to launch free in-flight Wi-Fi in 2023 thanks to its partnership with SpaceX's SkyLink. American Airlines also seems to be testing out free Wi-Fi on many of its aircraft that are equipped with Viasat — as part of an ongoing trial, passengers who opt to watch a sponsored video can access 30 minutes of Wi-Fi free of charge. Some international carriers offer free Wi-Fi, but with certain stipulations. Then, choose the airline's Wi-Fi network and login on the Wi-Fi homepage using your T-Mobile or Sprint phone number.

How to earn Southwest pointsCompare Southwest credit cards Southwest Rapid Rewards® Plus Credit CardSouthwest Rapid Rewards® Premier Credit CardSouthwest Rapid Rewards® Priority Credit CardSouthwest® Rapid Rewards® Premier Business Credit CardSouthwest® Rapid Rewards® Performance Business Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Transfer points from Diners Club or hotel loyalty programsDiners Club members can also transfer Club Rewards points to Southwest — 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low:5,000 Best Western Rewards points = 1,200 Southwest points6,000 Choice Privileges points = 1,800 Southwest points2,000 Radisson Rewards America points = 200 Southwest points50,000 Radisson Rewards America points = 5,000 Southwest points100,000 Radisson Rewards America points = 10,000 Southwest points9,000 Marriott Bonvoy points = 3,000 Southwest points30,000 Marriott Bonvoy points = 10,000 Southwest points60,000 Marriott Bonvoy points = 20,000 Southwest points90,000 Marriott Bonvoy points = 30,000 Southwest points120,000 Marriott Bonvoy points = 40,000 Southwest points5,000 World of Hyatt points = 2,400 Southwest points50,000 World of Hyatt points = 24,000 Southwest pointsNote that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred to an airline. For instance, a $220 Business Select fare would yield 2,640 Southwest points, while a $200 Anytime ticket would yield 2,000 Southwest points, and a $100 Wanna Get Away ticket would yield 600 Southwest points. Earn Southwest points by taking online surveysYou can earn points by taking online surveys through E-Rewards — $15 worth of E-Rewards yields 300 Southwest points, $25 worth of E-Rewards yields 600 Southwest points, $50 worth of E-Rewards yields 1,200 Southwest points, and $100 worth of E-Rewards yields 2,400 Southwest points.

Present in more than 40 countries, Choice Hotels' partnerships with Penn National Gaming, Inc., Preferred Hotels & Resorts, and Nordic Choice Hotels make redemption options even more interesting, with the addition of casino hotels and upscale resorts to the mix. AdvertisementHow to earn Choice Privileges pointsWhile Choice Privileges seems straightforward, there are lots of little rules about what counts as a qualifying points-earning stay. If you're just getting started, the fastest way to accrue Choice Privileges points is by opening the Choice Privileges Visa Signature Card. AdvertisementBuy Choice Privileges points — for you or someone elseYou can buy up to 250,000 Choice Privileges points for yourself — or up to 180,000 Choice Privileges points for friends and family members — per calendar year. Transfer Choice Privileges points to travel partnersTo redeem Choice Privileges points for flights, use the Choice Hotels Rewards Exchange to transfer them to airline partners at the following rates:5,000 Choice points for 1,000 Alaska Airlines Mileage Plan miles5,000 Choice points for 1,000 Aeromexico Club Premier miles5,000 Choice points for 1,000 Aeroplan points5,000 Choice points for 1,000 United MileagePlus miles5,000 Choice points for 1,000 Spirit Airlines Free Spirit miles5,000 Choice points for 1,000 Czech Airlines OK Plus miles20,000 Choice points for 8,000 Qantas Frequent Flyer points20,000 Choice points for 8,000 Virgin Australia Velocity points20,000 Choice points for 140 Air New Zealand Airpoints DollarsNote that you may need to call Customer Service at 888-770-6800 and provide them with your frequent flyer number to complete your airline redemption.

Persons: —, You'll, We're, Read, It's, you've, you'll, I'm, there's, Homefront, they'll Organizations: Business, Card, Citi, Choice, Service, Choice Hotels, Penn National Gaming, Inc, Resorts, Amtrak, Barclays, American, Express, Hotels, Diamond, Avis, Cambria Hotels, Alaska Airlines, Aeromexico Club Premier, Czech Airlines, Spirit Airlines, Air, Zealand, Qantas Frequent Flyer, Australia, Alamo, Budget, Bed, Apple, Vinesse, Rocket, Aeromexico Club, Airlines, Virgin Australia, Clubs of America, Fisher House Foundation, Council, International, Polaris, Cosmopolitan, AARP Locations: Cambria, Econo Lodge, Canada, Mexico, Central America, Caribbean, Asia, Pacific, China, Japan, Europe, Clarion Clarion Pointe, Czech

Or, you can use 21,000 Hyatt points for the Hyatt Ziva Riviera Cancun, Hyatt Ziva Puerto Vallarta, or Hyatt Zilara Riveria Maya. For paid stays, you can also redeem Hyatt points for room upgrades to Regency Club or Grand Club level for 3,000 Hyatt points, standard suites for 6,000 Hyatt points, or premium suites for 9,000 Hyatt points. Standard room Points + Cash redemptions will run you:2,500 Hyatt points plus cash at Category 1 properties4,000 Hyatt points plus cash at Category 2 properties6,000 Hyatt points plus cash at Category 3 properties7,500 Hyatt points plus cash at Category 4 properties10,000 Hyatt points plus cash at Category 5 properties12,500 Hyatt points plus cash at Category 6 properties15,000 Hyatt points plus cash at Category 7 properties20,000 Hyatt points plus cash at Category 8 propertiesFor standard suite Points + Cash redemptions, this becomes:4,000 Hyatt points plus cash at Category 1 properties6,500 Hyatt points plus cash at Category 2 properties10,000 Hyatt points plus cash at Category 3 properties12,000 Hyatt points plus cash at Category 4 properties16,000 Hyatt points plus cash at Category 5 properties20,000 Hyatt points plus cash at Category 6 properties24,000 Hyatt points plus cash at Category 7 properties30,500 Hyatt points plus cash at Category 8 propertiesPoints + Cash redemptions for premium suites are as follows:5,000 Hyatt points plus cash at Category 1 properties8,000 Hyatt points plus cash at Category 2 properties12,000 Hyatt points plus cash at Category 3 properties15,000 Hyatt points plus cash at Category 4 properties20,000 Hyatt points plus cash at Category 5 properties25,000 Hyatt points plus cash at Category 6 properties30,000 Hyatt points plus cash at Category 7 properties40,000 Hyatt points plus cash at Category 8 propertiesFor those booking wellness stays at Miraval Resorts, rates for standard rooms at single occupancy are 22,500 Hyatt points plus cash, and go up to 32,500 Hyatt points plus cash for double occupancy. Other ways to redeem Hyatt pointsRedeem Hyatt points for dining, spa, and travel experiencesYou can also redeem Hyatt points for in-room movies, transportation, parking, and in-room dining and spa experiences at participating Hyatt hotels and resorts. Share Hyatt points with a friendIf you're feeling generous, you can share your Hyatt points, free award nights, or room upgrades with other World of Hyatt members.

Persons: Hyatt, —, you'll, You'll, we'll, Chase, cardholders, there's, Finance Insider's, Hyatt Ziva, Hyatt Ziva Los Cabos, Hyatt Ziva Puerto Vallarta, you've, You'd, they'd, Read, They'll, Hilton, It's, Kaeli Conforti, Kaeli, Guy, KaeliTravels.com Read Organizations: Business, Hyatt, Park Hyatt, Hyatt Hotels, Hyatt Credit, Finance, Chase Hyatt, FDIC, Target, Walmart, Chase, Sapphire, Chase Sapphire, Hyatt Thompson, Hyatt Hyatt Regency, Hyatt Hyatt Residence, Hyatt Small, American Airlines, Avis, Qantas, Air, China Eastern Airlines, Virgin Atlantic, Southwest Airlines, Air France, ANA, British Airways, Cathay, China Airlines, Etihad, JAL, Korean Air, Qatar Airways, Royal Brunei Airlines, Singapore Airlines, Thai Airways, Regency Club, Miraval Resorts, Lindblad Expeditions, China, China Eastern, Virgin, Exhale, Hyatt Rewards, Hyatt Loyalty, Marriott, Hilton, Forbes, CNN Travel, NBC, Travel, Fox News Travel, Yahoo, Huffington, Twitter Locations: Park, Hyatt, Avis ., Australia, Air China, China, Cathay Pacific, Delta, Emirates, Santa Monica, Abu Dhabi, Mexico, Antarctica, Svalbard, Exhale, Chevron, Southeast Asia, New Zealand, Thrillist, Northern Territory, Western Australia

Earn IHG points through your elite statusEarning elite status with IHG can lead to even more benefits if you're someone who travels frequently. Redeem IHG points for dream vacationsYou can use your IHG points to stay at some of the most luxurious hotels and resorts in the world, whether you're in search of a romantic getaway, family vacation, solo travel escape, or dream honeymoon. Transfer IHG points to a friendThere's also an option to transfer IHG points to a friend or family member at a cost of $5 per 1,000 points, or buying them through IHG's website. Some of these redemptions are as low as 100 IHG points, so if you haven't had any activity in your account recently, this is a good way to keep your IHG points from expiring. Use IHG points to attend special eventsWhile there don't seem to be any concerts, sports, or special events at the moment due to the pandemic, this was a great way to put IHG points toward unique experiences.

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