Business category, Page 275
Blue Apron latest to suffer in tough meal kit market
Meal kit companies face an ultimatum: Adapt or die. The business is still in its infancy, with the biggest players — Blue Apron and HelloFresh — less than a decade old. But they’re facing serious challenges from restaurant and grocery delivery services, smaller niche players and even home chefs. The...
Seeing a twisting road ahead, Ford cuts 7,000 white-collar jobsVideo
DETROIT — Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August. The company said that the plan will save...
China’s ban on scrap imports a boon to U.S. recycling plants
ALBANY, N.Y. — The halt on China’s imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables. U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or...
Heinz Mayochup has an unfortunate translation in Cree
The Kraft Heinz company must have been selling a decent amount of their mayonnaise-ketchup mashup in the United States so they expanded sales into Canada. What could go wrong? Mayochup tastes exactly the same on both sides of the border but Canada’s Cree speakers think the condiment sounds a little...
Fastest-growing nuclear business is tearing down U.S. plants
The fastest growing part of the nuclear industry in the U.S. involves a small but expanding group of companies that specialize in tearing reactors down faster and cheaper than ever before. After Entergy Corp. shut its Vermont nuclear plant in 2014, the utility planned to wait until 2068 to dismantle...
Tesla Model 3 Autopilot was active before deadly collision, federal investigators say
Tesla’s Autopilot system was active in a Model 3 that collided with a tractor-trailer during a fatal crash in March, the National Transportation Safety Board said Thursday. The crash in Delray Beach, Fla., that killed the Tesla driver is at least the third deadly collision in the United States involving...
United Airlines to lay off 100 in Houston, outsource jobs
HOUSTON — United Airlines says it will cut about 100 accounting jobs in Houston in July and shift the work to a contractor. The airline reported the layoffs in a letter this week to the Texas Workforce Commission. It did not identify the contractor that will handle accounting of revenue...
Massachusetts set to test ‘cannabis cafes’
BOSTON — Massachusetts marijuana regulators have approved of a plan to slowly roll out “cannabis cafes” where adults could use pot in a social setting. The 3-2 vote by the Cannabis Control Commission on Thursday calls for an initial test program in as many as a dozen communities where licenses...
The highest paying entry level jobs, according to Glassdoor
A decade after the Great Recession, when new college grads walked into an abysmal job market with long-lasting effects, the Class of 2019 is joining the workforce during an economic upswing, complete with historically low unemployment and rising wages. For technically minded graduates, the prospects are even brighter, according to...
Pirates owner Bob Nutting visits bankrupt Reading Eagle newspaper
Word swept through the Reading Eagle last Friday that newspaper baron and Pittsburgh Pirates owner Robert Nutting was touring the presses and offices, triggering speculation that his Ogden Newspapers could bid on the distressed 230-employee Pennsylvania newspaper. Nutting could not be reached in several attempts to contact him at Ogden...
U.S. home construction climbed 5.7% in April
WASHINGTON — U.S. home construction rose in April, led by an uptick in single-family homes. The Commerce Department said Thursday that homebuilding rose 5.7% last month to a seasonally adjusted annual rate of 1.24 million. But housing starts fell 2.5% from a year earlier, suggesting that would-be home buyers are...
Judge: No site permit needed for refinery near national park
BISMARCK, N.D. — A North Dakota judge has ruled that regulators properly refrained from getting involved in a dispute over the location of an $800 million oil refinery planned near Theodore Roosevelt National Park, sparing developers from a potentially lengthy delay in construction. The Public Service Commission last year declined...
Co-working spaces: Not just for start-up bros anymore
LOS ANGELES — Co-working is often more pleasant these days than putting in eight hours at a traditional office. If you’d prefer a workspace that looks like a chic hotel lobby with waiters at your service, that can be arranged. Want to be around other women in a cabana on...
White House launches survey looking for tech industry bias
SAN FRANCISCO — On the heels of President Trump’s repeated assertions claiming anti-conservative bias by tech companies, the White House has launched an online form asking people to share their experiences if they think political partisanship has led them to be silenced by social media sites. The White House’s official...
California cafe touts its $75 coffee as the world’s priciest
SAN FRANCISCO — A California cafe is brewing up what it calls the world’s most expensive coffee — at $75 a cup. Klatch Coffee is serving the exclusive brew, the Elida Natural Geisha 803, at its branches in Southern California and San Francisco. The 803 in the coffee’s name refers...
American Express buys restaurant reservation service Resy
NEW YORK — American Express is buying the online reservation startup Resy, the latest move by AmEx to establish and maintain a foothold for its card members in some of the world’s most desired restaurants. AmEx and Resy declined to disclose the terms of the deal. However, Resy announced it...
Under soda tax, beverage sales at chain stores in Philly dropped 51%, study finds
PHILADELPHIA — Sales of soda and other sweetened beverages have declined by 51% at chain stores in Philadelphia since the city’s controversial tax on beverages took effect in 2017, according to a study released Tuesday, one week before city primary elections in which the tax is a key issue. Total...
Bayer’s stock falls after $2 billion verdict against Roundup maker Monsanto
Bayer’s stock fell 2% Tuesday afternoon, one day after a California couple was awarded more than $2 billion over allegations that its Roundup weed killer causes cancer. The decision marked the third consecutive jury verdict against the company over its top-selling herbicide. The company has said it will appeal the...
Walmart matches Amazon with one-day shipping on many items
Walmart wants to one-up Amazon.com in the fight for online shoppers. The world’s largest retailer is rolling out a next-day delivery service to counter Amazon’s recent move to speed shipment times for top customers to just one day from two. Starting Tuesday, Walmart customers in Phoenix and Las Vegas who...
Disney takes over Hulu
BURBANK, Calif. — Disney is taking full control of Hulu, extending the reach of its streaming abilities. Disney said Tuesday that it’s taking operational control of the streaming service immediately. NBCUniversal owns 33% of Hulu right now. According to the agreement, Disney can demand Comcast, which owns NBCUniversal, sell the...
Forget Uber, company offers N.Y. airport transfers via helicopter for $195
It’s just enough time to mix a cocktail. Helicopters have been whisking the wealthy from Manhattan to New York’s airports for decades. Now the ride costs as little as $195, and you can book it via a smartphone. Back in 2014, when Rob Wiesenthal founded Blade Urban Air Mobility, a...
Trader Joe’s debuts deliciously weird, wonderful YouTube channel
Trader Joe’s has debuted a wacky and wonderful YouTube channel. If you are a Trader Joe’s fan — and who isn’t? — then you’re going to love the chain’s new YouTube channel. The California-based grocer, which recently took top honors in Consumer Report’s annual supermarket survey, quietly launched the new...
Is the U.S. ready for ruby chocolate?
The world’s largest chocolate market is finally getting a taste of the ruby range, the first new type in more than 80 years. Switzerland’s Barry Callebaut, the top maker of bulk chocolates, is rolling out its ruby breakthrough in the United States almost two years after announcing the discovery. The...
WhatsApp patches security flaw that lets attackers to deliver malware through calls
WhatsApp is urging its 1.5 billion users to update their app after the company detected sophisticated hacking attempts that may have targeted human rights activists. The Facebook subsidiary said “an advanced cyber actor” exploited a security flaw and installed the malware by reaching targets on their mobile phones through WhatsApp’s...
Jury: Monsanto to pay $2 billion in weed killer cancer case
OAKLAND, Calif. — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple claiming that the company’s popular weed killer Roundup Ready caused their cancers. The jury’s verdict is third such courtroom loss for Monsanto in California since August. The state court...
