Bloomberg Online retailers like Amazon.com have made it possible to get books, high heels, laptops and groceries delivered to your doorstep after work and even on Sundays. But carriers at the US Postal Service pay a price for such convenience: they’re getting bitten by dogs. Attacks on postal employees are on the rise — in 2015 alone, they jumped ...
Read More »Airbus says UK fraud office starts criminal bribery probe
Bloomberg Airbus Group SE said the U.K. Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. The Toulouse, France-based planemaker said in a statement that it’s cooperating with investigators probing its civil aviation business. Airbus had flagged to U.K. regulators and the European Export Credit Agencies ...
Read More »Wal-Mart launches new scheduling system
NEW YORK /AP Wal-Mart, the US largest private employer, launched a new scheduling system in about 650 Neighborhood Market stores that gives hourly workers more certainty about their schedules. The system was launched in late July and could be eventually rolled out to all 4,600 U.S. Wal-Mart stores, said Mark Ibbotson, Wal-Mart’s executive vice president of central operations. There ...
Read More »Golf’s declining appeal takes toll on Nike, Golfsmith
Bloomberg Nike Inc.’s decision to stop selling golf equipment and a possible bankruptcy filing by the Golfsmith retail chain are raising concerns that the declining popularity of the sport is taking a toll on the companies that thrive on it. Millennials, the key to the sport’s future, are shunning the expensive and time-consuming game in favor of more instantly ...
Read More »Agrium drops after cutting profit outlook
Bloomberg Agrium Inc., the largest agricultural retailer to US farmers, fell after the company cut its full-year profit forecast for a second time this year amid an agriculture slump that has dragged down prices for crop nutrients. Earnings in 2016 will be $5 to $5.30 a share, the Calgary-based company said in a statement. That compared with a May ...
Read More »New IPhone to have dual cam, pressure-sensitive button
Bloomberg Apple Inc. is preparing to unveil successors to the iPhone 6S and iPhone 6S Plus as early as next month with more advanced photography capabilities and upgraded hardware in a design similar to that of last year’s models, according to people familiar with the matter. The standout features will be a dual-camera system on the larger iPhone, a ...
Read More »Data centers’ water use has investors on high alert
Bloomberg Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump hundreds of millions of gallons of water a year through the facilities, according to company reports. That high demand for water has some investors concerned, especially in ...
Read More »Suitcase that doubles as motorized mini scooter
Relaxnews It’s being pitched as the world’s first motorized, rideable carry-on smart luggage that can whisk tired fliers through the airport three times faster than old-fashioned walking. You could call the Modobag a scooter-slash-suitcase. Designed by Chicago entrepreneur Kevin O’Donnell and an engineer whose credits include professional race motorcycles at Daytona 200, the mobile suitcase features an electric motor, ...
Read More »Could the taxi of the future arrive before you call it?
Bloomberg Ford seems to think so and is working with MIT in order to shuttle in a new form of smarter, on-demand mobility service that can predict where it needs to be at any given time, in order to best help people get around. From September the Massachusetts Institute of Technology’s Cambridge campus will become the testing ground for ...
Read More »Tourism ‘pollutes’ Sri Lankan beaches
Mount Lavinia / AFP Tourists have flocked back to Sri Lanka’s palm-fringed beaches since a bloody civil war ended in 2009, but environmentalists warn unchecked development means some areas are now so polluted, swimming there is a health hazard. Sewage from thriving hotels and guesthouses pours, often untreated, out into the water polluting the sea and shore. Even the ...
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