The last time when price of U. S postage stamps went down, is history. But that is going to be repeated this weekend and the USPS is not happy about it.
In July 1919, prices of postage stamps were decreased by 3 cents to 2 cents. From the Civil War times, this is the third time price has been decreased on record.
The drama over a bidding war for Starwood Hotels & Resorts Worldwide Inc seems to be over finally.
On Friday, shareholders of both Marriott and Starwood Hotels & Resorts Worldwide Inc. agreed to the $14.41 billion sale deal. That clears Marriott International's hurdle on its journey buy Starwood, one of its biggest rivals and become the biggest hotel chain in the world.
The shareholders vote brings an end to a chaotic month where Marriott saw a last-minute competitor China's Anbang Insurance Group bid from Starwood.
The UK government has indicated that it is planning to impose an additional tax on fizzy drinks in order to fight the growing issue of obesity in the country.
The debate over the subject involved a host of parties including fizzy-drink producers, health experts, economists and think-tanks as well as the general public on the social media. Experts say that there is strong evidence from around 15 countries that have already introduced similar taxes, which shows that a tax on sugary drinks reduces consumption of heavily sugared products.
According to a new research study, women who are obese during their pregnancy may face a higher risk of giving birth to abnormally large babies.
Researchers found that obesity and diabetes during pregnancy can cause "abnormally large" babies and they also pointed out that it increases risks for the mother during childbirth. They also found that the women most at risk are currently screened much later.
San Francisco, California based Gap Inc, which operates five well known brands is struggling with declining sales. On Thursday, shares of the apparel company dropped almost nine percent during the after-hours trading.
It followed an announcement from the clothing retailer that reported its March results, revealing a slide in sales for the twelfth straight month. The retailer reported drop in comparable sales for three of its biggest brands in March. The company also warned entering April with a high levels of inventory that could affect the profit margins.
Gender gap may not be good after all for corporate. According to several researches diversity is good for the economy as well as businesses. A new McKinsey report revealed that in case Silicon Valley can bridge the gender gap, the technology sector could gain $25 billion in gross domestic product (GDP) by 2025, which will be a nine percent increase. The San Francisco city could move its GDP around $45 billion by 2025.
On Thursday, Pacific Sunware of California Inc., the retail clothing brand which focuses on youth oriented culture and lifestyle of California, filed for bankruptcy. Its plan includes handing over control to San Francisco, California based private-equity firm Golden Gate Capital expectations that the lender has the recipe to rescue the troubled fashion retailer mainly meant for the teens.
A new study has shown that many people feel depressed while watching updates from their friends on social networking site, Facebook.
Healthcare experts have warned that a very large number of people in the country have been misdiagnosed with asthma.
A proposed cleanup plan by the federal regulators was anticipated for the heavy metal and PCB-laden Portland Harbor but it has been delayed abruptly and will be unveiled later.
Earlier, it was to be released on coming Monday but on Wednesday, the officials of the U. S. Environmental Protection Agency (EPA) said that it will not come out till the first week of May.
An EPA spokesman said the environmental agency workers require some more time to create the electronic portal which will publish the plan and supporting documents.
Just one day back amidst much excitement the inauguration ceremony for the new Metro Gold Line expansion was held at the Duarte/City of Hope station. But a crash resulted in a closure just less than one mile away from the location of the inaugural ceremony.
U.S Department of Agriculture says Applegate Chicken Nuggets Recalled for Over Likely Plastic Contamination
The Food Safety and Inspection Service of the Department of Agriculture said on Saturday, that Perdue Foods LLC is recalling approximately 4,500 pounds of Applegate Naturals Chicken Nuggets which might have been contaminated with plastic materials.
The recall is related to chicken nuggets which are sold in seven states with a likely connection to plastic contamination. The recall is connected to around 4,530 pounds of nuggets manufactured by the Gainesville, Georgia based company, sold under the Applegate Farms brand.
The Illinois coal mines might face stricter oversight in the future as the office of Attorney General Lisa Madigan is considering legal action against the natural resources agency in relation to lax oversight and failure to follow the terms of a court-brokered plan, which called for stronger supervision of coal mines.
Federal Prosecutors in Brazil Open Investigation Into McDonald’s and its Master Franchisee Arcos Dorados Holdings
On Thursday, Marcos José Gomes Correa, a federal prosecutor opened a criminal investigation looking into "fiscal and economic crimes" which McDonald's and Arcos Dorados Holdings, its Latin American master franchise owner might have been engaged in. The prosecutor says that, they along with some related entities may have failed to fulfill Brazil's tax and other laws. There might have been additional violations of the country's franchise laws too.
Retirement is a breather andalso a time to fulfill all your dreams which you have put off for the future. It's the time when everyone wants to make their dreams come true but nothing comes without the proper financial resources. The best time to secure your finances is while you work but for that there are a few options which could help in stretching the retirement dollars more, opening up further income opportunities. In other words being a smart investor really helps and it pay to mull over options.
This week, Englewood, Colorado based Sports Authority filed for Chapter 11 bankruptcy protection. The American chain of sporting goods retailer in the bankruptcy protection filed on Wednesday, said that it will close 143 stores, but now it says that at least one of the listed stores is not closing.
Shares of the newly formed Hewlett Packard Enterprise climbed as CEO, Meg Whitman reassured the investors regarding the strong demand for corporate technology in the company's inaugural earnings report. It also provided justification for her move that lead to spinning off Hewlett-Packard into two companies.
On Friday, auditors said that the environmental regulators of Michigan made a vital error as Flint started using a source for drinking water which had the possibility of becoming contaminated with lead. The crew in the largest city of Michigan, started digging up old pipes that connect water mains to homes and replaced them with copper pipes.
A nurse working for the NHS 111 has said that her decision to cancel an ambulance, which was just a minute away from the home of a dying woman, was wrong.
A new discovery by scientists in the United Kingdom might soon lead to individual and tailored treatment for cancer patients.
Experts said that the major discovery might lead to personal treatments for patients with advanced cancer and it might go into trials within two years. Researchers said that they have identified the rare "flag" proteins that act as immune system targets and are displayed on the surface of all of a patient's tumour cells anywhere in the body.
- Postage Prices will Decrease from Sunday; USPS not too Happy About It
- Marriott and Starwood Hotels & Resorts Worldwide Inc Shareholders Approve to $14.41 Sales Deal
- UK plan to impose additional tax on sugary drinks
- Obesity during pregnancy may increase risk of very ‘large babies’
- Dropping Sales at Gap’s Key Brands hurt the Company’s Shares