Recent Posts

Amazon to pay up to $1,000 for injuries by sellers’ goods

Bloomberg Amazon.com Inc is offering to compensate customers for injuries caused by goods from its third-party sellers, a guarantee that follows numerous lawsuits seeking to hold the world’s largest online retailer responsible for dangerous products purchased from its digital shelves. In a blog post on Amazon’s corporate site, the company said it would pay shoppers itself for injury or property ...

Read More »

Toys ‘R’ Us says famed brand in complaint alleging rip-off

Bloomberg Shoppers at the Garden State Plaza mall in Paramus, New Jersey, might feel a touch of déjà vu on entering a store called Toys & Beyond. The signs have a bubble font with different-coloured letters. A cash register display says “Let’s Play.” On the stairwell of an indoor treehouse are sentiments such as “I don’t want to grow up.” ...

Read More »

Cathay Pacific’s dire run eases as first-half losses narrow

Olympus digital camera

Bloomberg Cathay Pacific Airways Ltd’s first-half loss narrowed from a year earlier as the Hong Kong-based carrier slashed costs and cargo operations helped offset feeble passenger traffic. The airline reported a net loss of HK$7.6 billion ($977 million) in the six months through June, compared with a HK$9.9 billion deficit in the same half of 2020. Sales dropped 43% to ...

Read More »
Send this to a friend