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Monthly Archives: February 2019

Kraft Heinz lost what distinguished it from General Mills, Mondelez

The one thing Kraft Heinz had going for it was its profit margins. Now, it doesn’t even have that. The food giant, known for its boxed macaroni and cheese and its ketchup, saw its stock tumble Friday after it released a batch of bad news late Thursday, including that it …

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BMW, Daimler team up on ride-sharing, other mobility services

Sean Gallup | Getty Images Harald Krüger (L), CEO of BMW AG, and Dieter Zetsche, CEO of Daimler AG, speak to the media about a new joint effort between the two automakers in carsharing on February 22, 2019 in Berlin, Germany. Traditionally fierce rivals, BMW and Daimler are teaming up …

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Xi calls on US, China to redouble trade deal efforts in letter to Trump

Mandel Ngan | AFP | Getty Images President Donald Trump speaks during a meeting with Chinese Vice Premier Liu He in the Oval Office of the White House in Washington, DC, on February 22, 2019. Chinese President Xi Jinping delivered an optimistic message to President Donald Trump in a letter …

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US says airfares hit new lows after factoring inflation

Robert Alexander | Archive Photos | Getty Images An American Airlines flight attendant serves drinks to passengers after departing from Dallas/Fort Worth International Airport in Texas. The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after …

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New England Patriots owner Robert Kraft charged with soliciting prostitution

Austin McAfee | Icon Sportswire | Getty Images New England Patriots owner Robert Kraft listens to NFL Commissioner Roger Goodell speak to the media over various topics in the league leading up to Super Bowl LIII at the Georgia World Congress Center on January 30, 2019, in Atlanta, GA. Kraft, …

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Facebook receives personal health data from apps: WSJ

Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook receives highly personal information from apps that track …

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Fed says US economy ended 2018 with solid but weakening growth

Leah Millis | Reuters Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. The U.S. economy maintained “solid” growth through the second half of 2018, likely expanding “just under” 3 percent for the year, …

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Supreme Court considers whether giant World War I memorial cross can stay

Eric Baradat | AFP | Getty Images The World War I memorial cross in Bladensburg, Maryland — near the nation’s capital Washington — is seen on February 08, 2019. The US government asked the Supreme Court to rule in favor of the cross that serves as a war memorial, which …

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How health-care costs us $89 billion a year in lost time

Bloomberg | Bloomberg | Getty Images Patients sit in the waiting room at the St. John’s Well Child and Family Center in Los Angeles, California, U.S., on Tuesday, Sept. 24, 2013. Americans spend more time traveling and waiting for health appointments than for any other service, including getting a driver’s …

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VW CEO hopes he’s done enough to please Trump and avoid tariffs

Dimon Dawson | Bloomberg | Getty Images Herbert Diess, head of the Volkswagen AG (VW) brand, speaks while flanked by a VW I.D. Crozz concept electric automobile, left, and an I.D. Buzz camper van during the first media preview day of the IAA Frankfurt Motor Show in Frankfurt, Germany, on …

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