Business

Five-Day Free Shipping Event to Be Launched By Wal-Mart

Five-Day Free Shipping Event to Be Launched By Wal-Mart

Five-day free shipping event is set to be launched by Wal-Mart Stores Inc on July 11, 2016. There will be no minimum purchase amount involved. The offering is being made in an effort to combat the Prime Day shopping event introduced by Amazon.com Inc that has received a lot of publicity.

Chipotle wants no mess, sends executive charged in drug case on administrative leave

Chipotle wants no mess, sends executive charged in drug case on administrative leave

At this time when Chipotle is making every possible move to win back its customers, it does not want to get wrong. This thinking of Chipotle was clearly evident when it quickly made its executive Mark Crumpacker on administrative leave after he was accused in a drug charge.

Human resource experts said that the decision would help Chipotle to focus on its ongoing efforts to restore its brand a trustworthy one in the eyes of its customers. Crumpacker was one of the many alleged drug buyers who have been charged by the Manhattan District Attorney in multiple court indictment.

Ikea chests and dressers recalled after injury reports

Ikea chests and dressers recalled after injury reports

A voluntary recall of about 29 million chests and dressers has been announced after reports of six children deaths by toppling Ikea chests. According to Consumer Product Safety Commission (CPSC), around 36 children have been injured by Ikea chests and dressers.

Ikea chests and dressers could tip over if not anchored to the wall. They have caused death to children below the age of 4 since 1989. Jaquelyn Collas of Pennsylvania found her 2-year-old son pinned between his bed and an Ikea MALM dresser in February 2014.

General Mills Lays Hope on Tiny Toast

General Mills Lays Hope on Tiny Toast

General Mills (GIS) has been experiencing lower sales in its food segment over years. The company has launched a new product in this segment in 15 years in an effort to reinstate customer interest in this segment. The Minnesota-based company has tied several hopes with its new cereal brand, Tiny Toast. The company has developed this new brand keeping in mind the younger and health conscious consumers. Tiny Toast is among the few breakfast cereal options that are infused with real fruit flavor.

Ryanair posts 43% rise in net profit in its latest fiscal year

Ryanair posts 43% rise in net profit in its latest fiscal year

Ryanair Holdings PLC has seen a 43% increase in net profit in its most recent fiscal year as the number of passengers has crossed 100 million for the first time ever, but the airlines has cautioned that concerns over terrorism may drag dropping airfares more down.

On Monday, Europe’s largest budget carrier in terms of traffic said that net profit has gone up to €1.24 billion ($1.39 billion) in the year ending in March from €867 million the last year, somewhat pointing towards lower fuel costs after the drop in oil prices.

Speculations over identity of Bitcoin's elusive creator might not be over soon

Speculations over identity of Bitcoin's elusive creator might not be over soon

Who is Satoshi Nakamoto? Many people in the tech world think the identity of bitcoin's vague creator has been running show behind the scenes and no one is sure who he actually is. Recently, an Australian technology expert and entrepreneur claimed that he is the main person behind development of encrypted currency.

On Monday, Craig Steven Wright, Australian entrepreneur, made an announcement that he is the founder of the digital currency, and convinced a longtime bitcoin contributor about it.

Prosecutors to decide by next month if additional charges to be levied against Martin Shkreli

Prosecutors to decide by next month if additional charges to be levied against M

Prosecutors have informed the court that they are considering additional charges against Martin Shkreli, founder of Turing Pharmaceuticals. They will decide by next month whether the fraud charges against Shkreli will be expanded or not.

Shkreli has been facing charges for defrauding investors in hedge funds and Retrophin Inc., a biotechnology company he ran. Prosecutors are now going through more than two million pages of additional evidence that might lead Shkreli to face more charges.

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