The owner of Tops Markets is one of two U.S. supermarket chains preparing bankruptcy filings in the coming weeks, Bloomberg News reported Saturday. The report, which cited people familiar with the situation who were not identified, said the Amherst-based supermarket chain’s debt load and intense industry competition are behind the potential filing. Tops officials declined […]
A minor earthquake with a 4.4 magnitude has affected parts of Wales and England. The quake was felt over all of Wales, most of western England, as far east as London and as far north as the southern edge of the Lake District, the British Geological Survey (BGS) said. The epicentre was approximately 20km north-north-east […]
A green, upside down triangle with a cannabis leaf in the center will become Michigan’s universal warning sign that a medical marijuana product contains the psychoactive ingredient THC. The symbol will go on all containers or bags that contain actual marijuana plant materials or marijuana-infused products that are used by medical marijuana card holders to […]
A pair of SpaceX satellites launching under the guise of a “secondary payload” on a Falcon 9 rocket from California this weekend may hold the keys to the company’s ambitious plans to enter the lucrative communications industry through an internet-beaming constellation. Two small prototype spacecraft, labeled Microsat-2a and Microsat-2b, are scheduled to launch from Vandenberg […]
The U.S. Commerce Department on Friday released reports recommending high tariffs on imported steel and aluminum, saying dumping of cheap product threatens to impair national security. If the proposed tariffs are implemented by President Donald Trump, who is considering them, there are fears that they could increase costs for domestic auto manufacturers and their suppliers, […]
MEXICO CITY — A 7.2-magnitude earthquake struck Mexico’s southern Pacific Coast on Friday night, according to the United States Geological Survey. The quake was reported at 5:39 p.m. local time, shaking buildings about 225 miles away in Mexico City, where the memory of the Sept. 19 earthquake that killed hundreds is still fresh. The tremors […]
American consumers are apparently not worried about stock market volatility. According to the University of Michigan’s report on consumer sentiment for the first half of February, worries over the stock market sell-off that rocked markets last week were scarce. “Consumer sentiment rose in early February to its second highest level since 2004 despite lower and […]
A number of Coinbase customers found themselves hit with duplicate charges for a single card-based purchase over the past few days. Some even reported losing tens of thousands after being charged 17, even 50, times. In a blog post updating customers about the situation, the cryptocurrency exchange has promised to “ensure that each affected customer […]
A popular myth about rabbit domestication involving the Pope and hungry seventh century monks is not founded on truth, research has shown. According to the story, bunnies were first tamed in 600 AD by French monks whose Gallic love of food was at odds with the strict rules of observing Lent. Pope Gregory is said […]
Teva Pharmaceutical Industries Ltd.’s (TEVA) American depository receipts shot up in after-hours trading on Wednesday, Feb. 14, after Warren Buffett’s Berkshire Hathaway Inc. (BRK.A) disclosed an investment in the drugmaker. Teva’s ADRs were trading at $20.90, up 8%, in after-hours trading. Shares of the struggling drug maker declined 45% in 2017. Berkshire’s 13F filing released […]
The heads of six major US intelligence agencies have warned that American citizens shouldn’t use products and services made by Chinese tech giants Huawei and ZTE. According to a report from CNBC, the intelligence chiefs made the recommendation during a Senate Intelligence Committee hearing on Tuesday. The group included the heads of the FBI, the […]
An Illinois man is suing L.L. Bean for “breaking of its promises” after the company announced changes to its warranty last week. Victor Bondi filed a lawsuit Monday in Chicago federal court against the outdoors retailer based in Freeport, Maine. Bondi, described as a “loyal” customer who purchased Bean boots, said the company’s legendary warranty […]
