Business

PepsiCo is buying SodaStream for $3.2 billion

PepsiCo is buying SodaStream for $3.2 billion The PepsiCo chief executive announced Monday that Pepsi is buying SodaStream, one of the world's top sparkling water brands. PepsiCo Chairman and CEO Indra Nooyi calls the companies "an inspired match". But the notion of creating soft drinks at home has had limited success. The company was created last month by the merger of Keurig Green Mountain, now owned by private investment firm JAB Hol... [Full Article...]

Flushed contact lenses add to burden of plastic waste

Flushed contact lenses add to burden of plastic waste Over the last decade, the use of softer plastic contact lenses has grown rapidly with people using daily, weekly or monthly disposables in greater numbers than ever before. Entry of wastewater-borne contact lenses into aquatic environments also is a potential concern, although it was not directly observed in the study. [Full Article...]

Gatwick resorts to whiteboards for flight information after IT crash

Gatwick resorts to whiteboards for flight information after IT crash Photos on social media show huge crowds gathering in the terminal buildings, with passengers venting their frustrations at not knowing which gate to head to. 'Thank goodness I have eagle-vision and can read messy writing from a distance. A Gatwick spokesman blamed an "ongoing issue" with Vodaphone, which provides IT services for the airport. [Full Article...]

Mexico hopeful to conclude NAFTA talks with US next week

Mexico hopeful to conclude NAFTA talks with US next week During a televised cabinet meeting today, the USA president said his administration isn't negotiating with Canada right now, before adding that its tariffs are too high and barriers too strong. A breakthrough between Mexico and the United States could come soon, but NAFTA talks will remain a slow affair until US sticking points with Canada can be resolved. [Full Article...]

Can Twitter change its 'core' and still remain Twitter?

Can Twitter change its 'core' and still remain Twitter? After facing protests on its platform, Twitter has temporarily banned the account of United States conspiracy theorist and radio host Alex Jones .Twitter confirmed to NBC News on Tuesday that Jones' Twitter account was "put in read-only mode".It means Jones can browse Twitter posts but cannot tweet. [Full Article...]

Trump Says He Is in ‘No Rush’ to Renegotiate Nafta

Trump Says He Is in ‘No Rush’ to Renegotiate Nafta Tensions between Canada and the USA also rose June 1 when the US ended an exemption for Canada, Mexico and the European Union from 25 percent steel and 10 percent aluminum tariffs imposed for national security reasons under Section 232 of the Trade Expansion Act of 1962. [Full Article...]

Mailman greeted by Ball Python at Overland Park home

Mailman greeted by Ball Python at Overland Park home Pictures posted by Overland Park police show three animal control officers helping to remove the large snake. Rain, snow, sleet, even barking dogs are fine, but a Kansas postal worker had to draw the line when he found a red tail boa constrictor draped over a mailbox. [Full Article...]

Pound euro exchange rate: United Kingdom retail sales help GBP hold steady

Pound euro exchange rate: United Kingdom retail sales help GBP hold steady With negotiations between the United Kingdom and European Union now at an impasse, markets are increasingly fearful that time is running out if Britain is to avoid a worst case scenario of a "no-deal" Brexit, something which is likely to weigh heavily on Sterling sentiment through the tail end of 2018. [Full Article...]

Coles Stores Shut Due To Technical Issues

Coles Stores Shut Due To Technical Issues This morning Coles supermarket stores were closed amid a nationwide computer outage, and shoppers reacted to the debacle using the company's marketing line. The sign on its front entrance stated: " Coles is now experiencing a state-wide IT system issue and can not process any transactions". "We apologise. [Full Article...]

Trump says Turkey has acted badly in Brunson case

On August 10, President Donald Trump ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminium and steel imports. Turkey and the USA are now experiencing strained relations following Washington's imposition of sanctions on two government ministers for not releasing American pastor Andrew Brunson , who faces terrorism-related charges in Turkey. [Full Article...]

Air France shares fall as unions decry new, foreign CEO appointment

Air France shares fall as unions decry new, foreign CEO appointment Smith said: "I am well aware of the competitive challenges the Air France-KLM Group is now facing and I am convinced that the airlines' teams have all the strengths to succeed in the global airline market". The criticism comes amidst growing labour turmoil on the tarmac in Europe, as pilots at Air France, Brussels Airlines and Ryanair have all staged work stoppages in recent months. [Full Article...]

Tokyo stocks close higher on hopes for US-China trade talks

Tokyo stocks close higher on hopes for US-China trade talks Traders saw a glimmer of hope of an easing in the trade battle that has seen the two sides hit each other with reciprocal tariffs on goods worth $34 billion. At 9:53 a.m. EDT the Dow Jones Industrial Average was down 217.85 points, or 0.86 percent, at 25,082.07, the S&P 500 was down 22.52 points, or 0.79 percent, at 2,817.44 and the Nasdaq Composite was down 61.79 points, or 0.79 percent, at 7,809... [Full Article...]

Tesla sues Ontario over canceled electric vehicle rebate

Tesla sues Ontario over canceled electric vehicle rebate Doug Ford's Ontario government cancelled the Electric and Hydrogen Vehicle Incentive Program on July 11, shortly after it scrapped the cap-and-trade program that funded the incentives. Tesla has called for the application to be heard on "an urgent basis". "The decision has already inflicted substantial harm on Tesla Canada in the form of lost sales and the creation of an impression among Ontar... [Full Article...]

Two winners share Powerball's massive $100 million jackpot

Two winners share Powerball's massive $100 million jackpot The victor, who wanted to remain anonymous, said he did not think to check his ticket until Thursday. He said he checked his ticket just before he went to bed and struggled to contain his excitement when he saw the winning numbers staring back at him - 33, 3, 32, 13, 27, 35, 31 and the Powerball number, 3. [Full Article...]

Chipotle illness outbreak: source confirmed by health officials

Chipotle illness outbreak: source confirmed by health officials Chipotle will begin retraining all employees in safe food-handling procedures next week after a health department determined the pathogen that sickened almost 700 customers in OH arose from food left at unsafe temperatures, the fast-casual chain announced Thursday. [Full Article...]

Trump says asking SEC to consider ending quarterly earnings reports

Trump says asking SEC to consider ending quarterly earnings reports At a July rally in Florida, he said the chief executive of "one of the greatest companies in the world" urged him to press his tariff fight even though it would impact his business. On the other hand, a study by experts at Duke University's Fuqua School of Business and City University of London, England, found that frequent financial reporting in itself creates short-sightedness that pushes compan... [Full Article...]

Scientists Detail Full Genome of Wheat for First Time

Scientists Detail Full Genome of Wheat for First Time More than 200 scientists in 20 countries collaborated to work out the results in 13 years, according to the International Wheat Genome Sequencing Consortium (IWGSC). This goal of sequencing the wheat genome was of particular importance because of food security. "Kansas wheat farmers have been supporting the wheat genome sequencing efforts through the Kansas Wheat Commission's wheat assessment ... [Full Article...]

House of Fraser cancels all online orders and goes offline

House of Fraser cancels all online orders and goes offline House of Fraser has told over 1,000 suppliers it will not pay money owed before 10 August, when Sports Direct bought the chain out of administration. Sports Direct has cancelled all of House of Fraser's online orders after a dispute with its new department store arm's warehouse operator, while some fashion suppliers have removed stock as payment wrangles continue. [Full Article...]

Elon Musk work ethic: 120 hour workweeks and sleeping on factory floor

Elon Musk work ethic: 120 hour workweeks and sleeping on factory floor Musk admitted to the Times that the past year has been the most "difficult and painful" of his career. On top of that, the company's battery Gigafactory outside Reno, Nevada is still only partially complete, and Musk has said that an announcement about a European plant will likely come by the end of this year. [Full Article...]

House Democrats Hammer FCC Chairman Over Cyber Attack Claim

House Democrats Hammer FCC Chairman Over Cyber Attack Claim In response, a letter from Ranking Member FRANK PALLONE (D-NJ), Communications and Technology Subcommittee Ranking Member MIKE DOYLE (D-PA), and Reps. And in fact, the inspector general found out pretty quickly during the investigation that there was little basis for the assertion. At the hearing Thursday in the Senate, lawmakers will have their first opportunity to ask Pai in person about... [Full Article...]


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