FedEx Corp: Courier delivery services company, Said that around 53% increase in earnings was achieved during the holidays. The increased is the result of lower fuel costs, milder weather and shipping giant’s recent restructuring moves. FedEx shares, up 27% over the past year, slid 1% in premarket trading as the company’s February …
Read More »Wage Increase might push through because of Closed Restaurant
A restaurant in Seattle closes because it can’t pay its employee the amount of money the latter needs. Because several people were pushing the idea, there are some commotions about it now. The most significant piece of the pushback comes from the Seattle Times who were kind enough to point …
Read More »Oil falls to Six-Year Low as U.S. Stockpiles fell at the same time
Oil reserves fell to a six-year low as analysts forecast revealed a fall on U.S. stockpiles. The fall happened even before the decision of the Federal Reserve for the monetary policy. West Texas Intermediate crude dropped for a seventh day at 7 a.m. in New York. The pound declined to …
Read More »Kraft recalls Macaroni & Cheese, Customers find metal pieces
Kraft Foods Group Inc. withdraws more than 6.5 million boxes of its macaroni and cheese following the customers report. Apparently, some customers found some small metal pieces in the product. Kraft was contacted by eight customers about the situation, though no injuries have been reported, the Northfield, Illinois- based company …
Read More »Dairy Queen gives free Ice Cream to celebrate Anniversary
Monday is a happy day for millions of people across the nation because Dairy Queen celebrates its 75th anniversary by giving free ice cream. Free ice creams were given all day. That’s because Dairy Queen is celebrating its 75th anniversary by handing out free vanilla cones all day. The first …
Read More »Saudi Arabia want to add more local refinery for higher production
Saudi Arabia has plans on expanding local refineries while it maintains its share of the global crude market point. They want to supply more countries with their oil reserves. The world’s largest oil exporter will probably increase output this year to feed new refineries, deepening a global supply glut, according …
Read More »Worker sues McDonald for getting burn on the job
While on the job, a McDonald worker gets burned and now has filed 28 health and safety complaints against the company. The worker claims that McDonald forces them to work fast. The lawsuits, filed with the U.S. Occupational Safety and Health Administration, were announced in a press conference Monday morning …
Read More »Pinterest receives more funding, Now Valued At $11 Billion
This year, Pinterest an eponymous photo sharing website gets $367 million of funding and this has raised the value of the company to $11 billion. Today, Pinterest is among the most highly valued start-ups worldwide. And the firm isn’t done yet, as it is on track to raise as much …
Read More »Merger deal between Holcim and Lafarge might not proceed
The two European giant firms of the construction materials might not continue at all. There seems to be a misunderstanding between Holcim and Lafarge, the companies acknowledged on Monday. Holcim, based in Jona, Switzerland, and Lafarge, based in Paris, had announced in April that they would merge on equal terms …
Read More »EBay & Sotheby’s collaborate for a New Live Auction Experience
March 17 is the beginning of the partnership between EBay and Sotheby’s. The two giant firms are set to collaborate in a new Live Auction experience. Several group leaders talks about it. They are: Teil Wise, Senior Manager User Experience and Design David Green, Group Product Manager, Managed and Emerging …
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