Markets
FDA chief Scott Gottlieb is stepping down
- March 08, 2019
Gottlieb handed in his resignation on Tuesday, after publically criticizing the drugstore chain Walgreens Monday for selling tobacco products to minors, "the company's stores have racked up nearly 1,800 violations across the country", he said in a statement . (more...)
- March 08, 2019
Gottlieb handed in his resignation on Tuesday, after publically criticizing the drugstore chain Walgreens Monday for selling tobacco products to minors, "the company's stores have racked up nearly 1,800 violations across the country", he said in a statement . (more...)
Amazon to expand real-world store presence
- March 08, 2019
Besides opening more bookstores, Amazon said it also plans expand its 4-star stores beyond the three it has now. What's new . Amazon said Wednesday that it plans to close all 87 of its pop-up stores located in Whole Foods stores, malls, and other locations around the U.S. (more...)
- March 08, 2019
Besides opening more bookstores, Amazon said it also plans expand its 4-star stores beyond the three it has now. What's new . Amazon said Wednesday that it plans to close all 87 of its pop-up stores located in Whole Foods stores, malls, and other locations around the U.S. (more...)
Dollar Tree to close almost 400 stores as part of rebranding effort
- March 07, 2019
However, Dollar Tree's stock price has fallen while Family Dollar struggled after the deal. At the close of the fourth quarter of 2018, the company operated 8,200 Family Dollar stores and 7,000 Dollar Tree stores. Our merchants at both banners have delivered a 2019 plan that we believe overcomes most of the effect of tariffs at the 25% level, and provides opportunity for margin improvements if tariffs are not increased. (more...)
- March 07, 2019
However, Dollar Tree's stock price has fallen while Family Dollar struggled after the deal. At the close of the fourth quarter of 2018, the company operated 8,200 Family Dollar stores and 7,000 Dollar Tree stores. Our merchants at both banners have delivered a 2019 plan that we believe overcomes most of the effect of tariffs at the 25% level, and provides opportunity for margin improvements if tariffs are not increased. (more...)
Charlotte Russe Shuts Down Website, Plans To Close All Stores
- March 07, 2019
Charlotte Russe operates stores in Springfield, Branson, Osage Beach, Joplin, Rogers and Fayetteville. Last month, the retailer filed for bankruptcy and announced it was closing 94 stores including a store at the York Galleria Mall in Springettsbury Township. (more...)
- March 07, 2019
Charlotte Russe operates stores in Springfield, Branson, Osage Beach, Joplin, Rogers and Fayetteville. Last month, the retailer filed for bankruptcy and announced it was closing 94 stores including a store at the York Galleria Mall in Springettsbury Township. (more...)
Zuck Wants to Turn Facebook Into a 'Privacy-Focused' Platform
- March 07, 2019
Facebook's utter failure at addressing these grave issues has made it slightly unpopular in the past one year. The emphasis of the service is not on private messaging. Interoperability: People should be able to communicate across networks easily and securely. But, he said, the company was improving its ability to "stop bad actors across our apps by detecting patterns of activity". (more...)
- March 07, 2019
Facebook's utter failure at addressing these grave issues has made it slightly unpopular in the past one year. The emphasis of the service is not on private messaging. Interoperability: People should be able to communicate across networks easily and securely. But, he said, the company was improving its ability to "stop bad actors across our apps by detecting patterns of activity". (more...)
Announcing Uber's 2018 Lost & Found Index
- March 07, 2019
There's something about September that makes Uber's riders a bit more forgetful. East Alabama came in at number one, while Tallahassee, Florida rounded out the list at 10. Select the trip and scroll down for the option for when you've lost something. Your phone will ring and connect you directly with your driver's mobile number. (more...)
- March 07, 2019
There's something about September that makes Uber's riders a bit more forgetful. East Alabama came in at number one, while Tallahassee, Florida rounded out the list at 10. Select the trip and scroll down for the option for when you've lost something. Your phone will ring and connect you directly with your driver's mobile number. (more...)
Cancer-causing substance found in three cosmetic products
- March 07, 2019
There are no laws requiring companies to test their cosmetic products for safety, and the FDA has limited authority to ensure the safety of cosmetic products. Some legislators have signaled support for the FDA in its quest to broaden its oversight of the industry. Samples of Claire's eye shadows batch no./lot no. (more...)
- March 07, 2019
There are no laws requiring companies to test their cosmetic products for safety, and the FDA has limited authority to ensure the safety of cosmetic products. Some legislators have signaled support for the FDA in its quest to broaden its oversight of the industry. Samples of Claire's eye shadows batch no./lot no. (more...)
Tesla V3 Supercharging: 250kW charge stations announced
- March 07, 2019
This, Tesla says, will reduce average charging times by 25 percent. Looking at average charging times for a Long Range Model 3 , the V3 chargers will cut the time required to charge by 50%. 145 kW is the charging rate of a current shared pair of Tesla's Superchargers, so the fix seems to be a simple software unlocking of the max speed of a single vehicle charging on a shared pair. (more...)
- March 07, 2019
This, Tesla says, will reduce average charging times by 25 percent. Looking at average charging times for a Long Range Model 3 , the V3 chargers will cut the time required to charge by 50%. 145 kW is the charging rate of a current shared pair of Tesla's Superchargers, so the fix seems to be a simple software unlocking of the max speed of a single vehicle charging on a shared pair. (more...)
Four Nigerians top Forbes black billionaires list
- March 07, 2019
Altogether, 11 per cent of last year's list members, or 247 people, dropped out of the ranks - the most since 2009 at the height of the global financial crisis. Steve Wynn, who resigned last year as chairman and CEO of Wynn Resorts Ltd and of Macau casino developer Wynn Macau Ltd amid allegations of sexual misconduct - denied by him - saw his wealth slide from US$3.4 billion in 2018 to US$3 billion this year. (more...)
- March 07, 2019
Altogether, 11 per cent of last year's list members, or 247 people, dropped out of the ranks - the most since 2009 at the height of the global financial crisis. Steve Wynn, who resigned last year as chairman and CEO of Wynn Resorts Ltd and of Macau casino developer Wynn Macau Ltd amid allegations of sexual misconduct - denied by him - saw his wealth slide from US$3.4 billion in 2018 to US$3 billion this year. (more...)
Donald Trump Calls Apple CEO "Tim Apple" Instead Of Tim Cook
- March 07, 2019
Apparently Trump thinks Apple's CEO is named. FIRST WE HAD Jeff Bozo , and now we have " Tim Apple ". " We appreciate it very much, Tim Apple ", Trump said, sitting right next to Cook who had a nametag in front of him that said " Tim Cook ". (more...)
- March 07, 2019
Apparently Trump thinks Apple's CEO is named. FIRST WE HAD Jeff Bozo , and now we have " Tim Apple ". " We appreciate it very much, Tim Apple ", Trump said, sitting right next to Cook who had a nametag in front of him that said " Tim Cook ". (more...)
Tesla: China suspends customs clearance for Model 3 auto
- March 07, 2019
Tesla said Wednesday it was working to resume imports of its new Model 3 sedan in China after the company said a labelling hiccup caused problems with customs. Musk has played up the support Tesla is getting from Chinese authorities as the company invests in the country's first wholly foreign-owned vehicle plant in Shanghai, due to come online later this year. (more...)
- March 07, 2019
Tesla said Wednesday it was working to resume imports of its new Model 3 sedan in China after the company said a labelling hiccup caused problems with customs. Musk has played up the support Tesla is getting from Chinese authorities as the company invests in the country's first wholly foreign-owned vehicle plant in Shanghai, due to come online later this year. (more...)
US says it's made 'progress' in trade talks with China
- March 07, 2019
The U.S. and China are reportedly getting closer to inking a trade deal. US officials said previous year the administration was considering sanctions against companies and officials linked to China's crackdown, including Xinjiang Party Secretary Chen Quanguo, a member of the Chinese leadership's powerful politburo. (more...)
- March 07, 2019
The U.S. and China are reportedly getting closer to inking a trade deal. US officials said previous year the administration was considering sanctions against companies and officials linked to China's crackdown, including Xinjiang Party Secretary Chen Quanguo, a member of the Chinese leadership's powerful politburo. (more...)
Family pays tribute to 'beautiful big sister' Preethi Reddy
- March 07, 2019
Narde was killed in a head-on collision on Monday, which police suspect to have been a deliberate act, according to ABC News . Her family had made a Facebook page to help gather information to find her, reports The News Minute. Her family didn't know if she attended the parade, where she stayed on Saturday night, where she was on Sunday morning, or what happened to her vehicle. (more...)
- March 07, 2019
Narde was killed in a head-on collision on Monday, which police suspect to have been a deliberate act, according to ABC News . Her family had made a Facebook page to help gather information to find her, reports The News Minute. Her family didn't know if she attended the parade, where she stayed on Saturday night, where she was on Sunday morning, or what happened to her vehicle. (more...)
Prime minister's Regina trip cancelled in favour of private meetings in Ottawa
- March 06, 2019
The prime minister's office is confirming that a rally and a carbon pricing event scheduled to be held in Regina on Monday have been cancelled. Butts, who resigned as Trudeau's principal private secretary on Feb 18, said he had had one short conversation on December 5 with Wilson-Raybould about SNC-Lavalin, which is facing trial on charges of bribing Libyan officials. (more...)
- March 06, 2019
The prime minister's office is confirming that a rally and a carbon pricing event scheduled to be held in Regina on Monday have been cancelled. Butts, who resigned as Trudeau's principal private secretary on Feb 18, said he had had one short conversation on December 5 with Wilson-Raybould about SNC-Lavalin, which is facing trial on charges of bribing Libyan officials. (more...)
Ghosn released on bail
- March 06, 2019
The family slammed Japan for its "mediaeval rules", in a statement read out by a lawyer representing Ghosn's wife Carole, who has previously described her husband's detention conditions as "deplorable". If convicted on all charges, Mr Ghosn faces up to 15 years in jail. Ghosn gained fame for organizing a global alliance of Nissan, Mitsubishi Motors of Japan and France's Renault. (more...)
- March 06, 2019
The family slammed Japan for its "mediaeval rules", in a statement read out by a lawyer representing Ghosn's wife Carole, who has previously described her husband's detention conditions as "deplorable". If convicted on all charges, Mr Ghosn faces up to 15 years in jail. Ghosn gained fame for organizing a global alliance of Nissan, Mitsubishi Motors of Japan and France's Renault. (more...)
$1.5 billion mystery solved: Mega Millions victor comes forward
- March 05, 2019
It adds that the victor has chosen the cash option, a one-time payment of almost 878,000,000 U.S. dollars (£666 million). As the commission noted in their announcement, the winner's decision to take a one time payout of ₦316 billion ($877 million) makes this the largest jackpot payout to a single victor in United States history. (more...)
- March 05, 2019
It adds that the victor has chosen the cash option, a one-time payment of almost 878,000,000 U.S. dollars (£666 million). As the commission noted in their announcement, the winner's decision to take a one time payout of ₦316 billion ($877 million) makes this the largest jackpot payout to a single victor in United States history. (more...)
Behold: The Most Expensive Car in History
- March 05, 2019
Too rich for your blood? Conceived as "far more than a modern interpretation of Jean Bugatti's Type 57 SC Atlantic", the La Voiture Noire (which translates from French to "The Black Car") boasts bespoke body panels handcrafted from carbon-fibre. (more...)
- March 05, 2019
Too rich for your blood? Conceived as "far more than a modern interpretation of Jean Bugatti's Type 57 SC Atlantic", the La Voiture Noire (which translates from French to "The Black Car") boasts bespoke body panels handcrafted from carbon-fibre. (more...)
Southwest tickets to Hawaii are on sale and they're remarkably cheap
- March 05, 2019
Southwest Airlines is launching its service to Hawaii with deep discounts. Southwest even created a website dedicated to Hawaii flights for more information. Flights between Oakland and San Jose to the Hawaiian islands are as low as $49 one way. Passengers could fly between Phoenix Sky Harbor Airport and Daniel K. (more...)
- March 05, 2019
Southwest Airlines is launching its service to Hawaii with deep discounts. Southwest even created a website dedicated to Hawaii flights for more information. Flights between Oakland and San Jose to the Hawaiian islands are as low as $49 one way. Passengers could fly between Phoenix Sky Harbor Airport and Daniel K. (more...)
Lyft loses $911m ahead of IPO | Articles | Strategy
- March 05, 2019
Gross bookings, or the total value of the rides Lyft sells before driver pay is deducted, reached $8.05 billion last year, 76 percent above the prior year and 323 percent above 2016. The same multiple would suggest a roughly $135 billion valuation for Uber, whose IPO is likely still several weeks out. Together, the two could raise billions of dollars to fuel their expansions and give investors an opportunity to see how the companies plan to become sustainable. (more...)
- March 05, 2019
Gross bookings, or the total value of the rides Lyft sells before driver pay is deducted, reached $8.05 billion last year, 76 percent above the prior year and 323 percent above 2016. The same multiple would suggest a roughly $135 billion valuation for Uber, whose IPO is likely still several weeks out. Together, the two could raise billions of dollars to fuel their expansions and give investors an opportunity to see how the companies plan to become sustainable. (more...)
Tesla Cuts Price of Model S and Model X Cars
- March 05, 2019
The company won't profit in the first quarter, Musk said, although he expects Tesla will return to profitability in the second quarter. The electric range is 220 miles, and the estimated 0-to-60 mph time is 5.6 seconds. "It is built to achieve the same flawless 5-star safety rating as the longer-ranged version", Tesla said. As part of cost-cutting efforts, Tesla last month reduced its full-time headcount by 7 percent, following a similar cut of 9 percent to its workforce in June 2018. (more...)
- March 05, 2019
The company won't profit in the first quarter, Musk said, although he expects Tesla will return to profitability in the second quarter. The electric range is 220 miles, and the estimated 0-to-60 mph time is 5.6 seconds. "It is built to achieve the same flawless 5-star safety rating as the longer-ranged version", Tesla said. As part of cost-cutting efforts, Tesla last month reduced its full-time headcount by 7 percent, following a similar cut of 9 percent to its workforce in June 2018. (more...)
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Virgin Atlantic airline files for USA bankruptcy protection