Tuesday August 20-th, 2019

Majestic Wine appoints former Tesco BWS director Robert Cooke Majestic Wine appoints former Tesco BWS director Robert Cooke

The Naked Wines business, which Majestic acquired in 2015, reported a 14.5% rise in sales for the year ended April 1, while revenue at its retail division grew only 1.5%. The company also said that Greg Hodder will step down as chairman at the conc...

Honda E More Specs Revealed: Has 50:50 Weight Distribution Honda E More Specs Revealed: Has 50:50 Weight Distribution

The battery is positioned centrally and low down for a 50:50 weight distribution and optimal driving dynamics. The water-cooled 35.5 kWh lithium-ion battery is positioned on the floor of the auto, centrally within its wheelbase. Charging will be fast...

Uber to pilot its Uber Air service in Melbourne Uber to pilot its Uber Air service in Melbourne

In contrast to the more imposing, futuristic structures previously proposed , Uber is now planning on working with real estate developers and city officials to primarily install the skyports on top of parking garages and other underutilized stru...

Worlds of Fun owner may acquire KCK Schlitterbahn in deal Worlds of Fun owner may acquire KCK Schlitterbahn in deal

Cedar Fair, which announced Thursday that it would purchase the Schlitterbahn park and resort in New Braunfels and the park in Galveston, is one of the largest regional amusement-resort operators in the world. While it's a hard decision, after seve...

OPEC cuts 2019 oil demand growth forecast, sees more downside risks OPEC cuts 2019 oil demand growth forecast, sees more downside risks

Iran, which has distanced itself from the previous attacks, has said it would not be cowed by what it called psychological warfare. "The concerns about demand growth are still extremely strong, and US stocks have risen dramatically". The EIA lowered ...

Facebook Invests in Indian Startup Meesho Facebook Invests in Indian Startup Meesho

The world's largest social media platforms have all made significant investments in the Indian start-up ecosystem in recent times, with Facebook's undisclosed investment in social commerce startup Meesho last week only the most recent. It facilitat...

Facebook hires UK Standard Chartered lobbyist ahead of digital currency launch Facebook hires UK Standard Chartered lobbyist ahead of digital currency launch

The Financial Times does not show exactly how they gained access to this information, and even added that there were no comments being published from Facebook , the bank , or even Bowles. However, the list of investors has not been finalized since...

Mattel's iconic Hot Wheels has gone digital Mattel's iconic Hot Wheels has gone digital

Hot Wheels celebrated its 50th anniversary past year and now the company is introducing a new "mixed play" series. Each Hot Wheels id auto has been outfitted with wireless tech, including a 4-MB memory card that gives each one a unique identificati...

Not to be outdone, Tyson enters plant-based meat market Not to be outdone, Tyson enters plant-based meat market

Whitmore said it was too early to estimate revenues, calling Tyson's plant-based business highly incremental, but he noted that could change. It sold that stake before Beyond Meat's IPO, but it continues to hold investments in other startups, inclu...

Target expands same-day delivery option Target expands same-day delivery option

The retail giant incorporated Shipt, a delivery startup it purchased almost two years ago, on its website . It's now live on desktop and mobile web browsers. The company said this will give shoppers the "benefit of same-day shipping without having t...

Target registers suffer nationwide outage, leaving some customers in line for hours Target registers suffer nationwide outage, leaving some customers in line for hours

The website downdetector.com has a heat map that shows Target outages from coast-to-coast, including Alabama. The hashtag #targetdown quickly began trending as shoppers voiced frustration, with several tweeting pictures of full carts stalled at...

All flights at Newark airport stopped due to emergency All flights at Newark airport stopped due to emergency

Interested in United Airlines? No injuries were reported. The United plane, which departed from Denver International Airport, "experienced multiple flat tires upon landing in Newark", a United spokesperson said in a statement. The aircraft was t...

Target down: Cash registers reportedly not working at all Target locations nationwide

The hashtag #targetdown was trending worldwide on Twitter. In a Tweet, Target wrote, "We're aware that guests are now unable to make purchases at Target stores". Some cashiers were using handheld devices to enter in bar codes by hand so customers c...

Cancer-Causing Ingredient in Weedkiller Found in Cheerios Cancer-Causing Ingredient in Weedkiller Found in Cheerios

The new report comes in the wake of two legal decisions which concluded that the herbicide was responsible for causing cancer. The decision will undergo an appeal, but it estimated that more than 11,000 similar cases are now pending in both state an...

Vodafone connection problems with both mobile and fixed line services Vodafone connection problems with both mobile and fixed line services

Hundreds of customers all over Ireland, the UK, Italy and Spain are experiencing issues with the provider. "This could take some time before they are working as normal". Vodafone says they're now investigating, and have thanked customers for their...

PwC fined £4.5m over 2016 Redcentric audits PwC fined £4.5m over 2016 Redcentric audits

It said that partners at the firm Jaskamal Sarai and Arif Ahmad committed a number of policy breaches relating to their "failure to exercise professional scepticism". "Professional scepticism was lacking in this audit", Claudia Mortimore, deputy exec...

Burger King to sell 'Upside Down Whoppers' before 'Stranger Things' returns Burger King to sell 'Upside Down Whoppers' before 'Stranger Things' returns

Is Will finally free from its influence? What distinguishes the new sandwich from a normal Whopper is mainly the fact that Burger King will...serve it upside-down. The special burger will be sold starting June 21 at certain restaurants in Miami,...

Wesfarmers to purchase Catch Group Wesfarmers to purchase Catch Group

Catch's established position in the e-commerce market, including a marketplace which chief executive Nati Harpaz said previous year was clearing $2 million a week in 2018, is also an ample platform for Wesfarmers to further strengthen its legacy depa...

Tesco sales growth slows in subdued market Tesco sales growth slows in subdued market

But he said on Thursday there was more work to do at Tesco . "I'm aware of all the chatter", he told reporters after Tesco published a first quarter trading update before its annual shareholders' meeting. He said volatile weather had weighed on ...

Flour sold at Walmart and Target may have E. Coli Flour sold at Walmart and Target may have E. Coli

The affected products were distributed through retailers nationwide but not available for purchase through the company's website. No product was sold off of the company's website, or to its locations in Vermont and Washington state. People with quest...

Help to Buy: 'Most users did not need help report finds' Help to Buy: 'Most users did not need help report finds'

The NAO's analysis found that buyers who had used Help to Buy had paid less than 1% more than they might have paid for a similar new-build property bought without the support of the scheme. It has come under attack from agents for distorting the tr...

Facebook reaffirms commitment to Indian startup ecosystem, announces investment in Meesho Facebook reaffirms commitment to Indian startup ecosystem, announces investment in Meesho

No financial details of the transaction were disclosed. Meesho has previously raised about Dollars 65 million from a clutch of investors, including DST Partners, RPS Ventures, Shunwei Capital, SAIF Partners, Sequoia India and Y Combinator.

Jet Airways' Stocks Plunge 16% With Surveillance Measures Set to Kick in Jet Airways' Stocks Plunge 16% With Surveillance Measures Set to Kick in

Shares of grounded Jet Airways continued the downward trend, plunging almost 12 per cent on Friday, after stock exchanges , earlier this week, made a decision to impose restrictions on its stock trading from June 28. In terms of traded volume, ...

USA customers to be blocked from trading on Binance.com USA customers to be blocked from trading on Binance.com

If Krüger is correct, traders will sell their altcoins, and even Binance's native BNB token, for bitcoin or ether to maintain exposure to the cryptocurrency ecosystem. And we always work hard to turn every short term pain into a long term gain". ...

No longer MRJ: Mitsubishi debuts SpaceJet family of aircraft with redesigned model No longer MRJ: Mitsubishi debuts SpaceJet family of aircraft with redesigned model

Mitsubishi SpaceJet aircraft family, as it is now called, is to be comprised of two planes: the MRJ90 regional jet, now to be known as the SpaceJet M90, and its successor - the smaller and USA clause compliant SpaceJet M100. The company said ty...

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