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Bird flu sends egg prices soaring in S Korea

  Bloomberg In a packed stall in one of Seoul’s traditional eateries, patrons feast on egg-rich Korean pancakes washed down with beer. Despite the booming business, the owner of the restaurant, Kim Kang-ock, looks on in dismay. “Soaring egg prices are driving me crazy as it’s about to kill my business,” the middle-aged South Korean street-food vendor says as she ...

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Air Products bids for China’s largest industrial gas maker

  Bloomberg Air Products & Chemicals Inc. made an offer to buy China’s biggest producer of industrial gases as it seeks to compete with rivals such as Praxair Inc. in an industry marked by a wave of consolidation. The Allentown, Penn- sylvania-based maker of industrial and atmospheric gases said in a statement on Monday that it expressed preliminary, non-binding interest ...

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Fiat Chrysler to invests $1bn in US amid Trump squeeze

  Bloomberg Fiat Chrysler Automobiles NV will invest $1 billion toward making three new Jeep models in the US, plus a Ram heavy-duty pickup now built in Mexico, as President-elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. The outlays planned by 2020 include retooling factories in Michigan and Ohio and adding 2,000 ...

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Amazon shipments for independent merchants double

  Bloomberg Amazon.com Inc. said the number of items sold for independent merchants that use its logistics service more than doubled to 2 billion last year, evidence the online retailer’s stepped-up investments in warehouses are paying off with expansion into new areas like fashion and household goods. The world’s biggest e-commerce company has differentiated itself by offering fast, free delivery ...

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VW gives its hippie-era microbus a revamp

  Bloomberg Volkswagen AG laid out a new design for a revived, battery-powered version of its iconic hippie-era Microbus as the carmaker seeks ways to move beyond its 16-month-old diesel emissions-cheating scandal and will overhaul its US lineup in a renewed comeback push. The latest iteration of the van, a concept dubbed the I.D. Buzz, is part of the VW ...

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Meredith interested in merger with Time

  Bloomberg Meredith Corp. has contacted Time Inc. to express interest in potential merger, according to people familiar with the matter, rekindling a possible tie-up that died in 2013. Other strategic companies and privately held businesses have also been in touch with Time about a possible deal, one of the people said. No talks have yet been held with interested ...

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Gadgets that faced bumps on ride to CES hype machine

  Bloomberg CES debuted gadget hits like the VCR, CD player and Xbox over the years, but the popular consumer electronics conference also showcases a lot of technology that fails to match the hype. Some of the top flops from 50 years of the Las Vegas show include Digital Audio Tape players, Apple’s Newton handheld computer and Atari’s Jaguar gaming ...

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How Amazon Echo listens and what it stores!

  NEW YORK / AP Can Amazon’s Echo speaker really be a witness to a murder? Authorities investigating the death of an Arkansas man found floating face-up in a hot tub believe that Amazon might have some evidence, given how Echo listens for commands and questions and communicates with Amazon’s servers to respond. Details are scant. Here’s what’s known: HOW ...

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Waymo self-driving minivan will start test run this month

  DETROIT / AP Waymo, Google’s self-driving car division, will start testing its new fleet of minivans on public roads in California and Arizona later this month. The minivans, built in collaboration with Fiat Chrysler, are Chrysler Pacifica hybrids outfitted with Waymo’s own suite of sensors and radar. Waymo and FCA announced their partnership in May. In a speech at ...

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