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☆ Amazon's 100 drone deliveries puts Prime Air far behind Alphabet's Wing and Walmart partner Zipline
▼ + stars: | 2023-05-18 | by ( Katie Tarasov | ) www.cnbc.com time to read: +14 min

Wing CEO Adam Woodworth shows the Alphabet company's delivery drone to CNBC's Katie Tarasov on April 25, 2023, in Hollister, California. Walmart said it made more than 6,000 drone deliveries across seven states in 2022 with DroneUp, Zipline and a third partner, Flytrex. Amazon's VP of Prime Air David Carbon showcased the current MK27-2 drone in Westborough, Massachusetts, on Nov. 10, 2022. Prime Air drones, along with most other delivery drones, operate with a number of federal exemptions that greatly restrict where and how they can fly. Prime Air drones are not expected to exceed 58 decibels, according to an FAA assessment, about the noise level of an outdoor air conditioning unit.

☆ The Health Menace Inside Your Sandwich
▼ + stars: | 2023-05-16 | by ( Andrea Petersen | ) www.wsj.com time to read: 1 min

Levels of sodium in processed meats are about 400% higher than that of unprocessed meat, according to a study. Photo: SHUTTERSTOCKThe deli meat in your turkey sandwich is the latest public-health villain. New York City is eliminating processed meats from the meals it serves in public schools, hospitals and via other programs by 2025. The World Health Organization is coming up with recommended limits on processed meats. And U.S. agencies have set sodium-reduction goals for the products.

☆ Target wants shoppers to think of it for groceries as retailer braces for leaner spending
▼ + stars: | 2023-05-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

The big-box retailer also hopes by drawing shoppers for essentials like gallons of milk, it can nudge purchases of discretionary items that shoppers otherwise would not have bought. A 'Tarzhay' spin on groceriesOn a recent trip to a Minneapolis area grocery store, Gomez surveyed displays of colorful fruits and vegetables. In each of the past two fiscal years, Target has had double-digit sales growth in the food and beverage category. Target's grocery sales matter more as shoppers pull back in other areas. Grocery competition gets tougherCompetition for grocery shoppers has heated up, especially as consumers stretch their budgets.

Her mother Sarah — a former deli shop owner — was bored with retirement and had decided to open an ice cream shop in Bethesda, Maryland. "To be honest, at first I was like, 'ice cream shop?'" Running the ice cream shopDespite Sarah's Handmade Ice Cream successful grand opening, it took over six months for the business to become "a well-oiled machine," Park says. Instead, Park and her mother donate ice cream to local nonprofits and community organizations, which has attracted loyal customers in the Bethesda area. Within a few months of opening the first store, Park realized the business didn't have to be limited to just "a mom-and-daughter shop."

☆ I left NYC for SC and I'll probably never go back. Here's what the slower pace of life taught me about work-life balance and happiness.
▼ + stars: | 2023-04-25 | by ( Michelle Gross | ) www.businessinsider.com time to read: +7 min

Michelle Gross and her husband left New York City after 14 years and moved to South Carolina. Here's what it's been like to leave New York City in search of a slower way of life in the South. I knew leaving New York City wouldn't be easyGross posing in front of a mini Statue of Liberty in NYC. Living and working remotely in the South has led to a better work-life balanceGross on her dock in Beaufort, South Carolina. Moving to a small town in the South Carolina Lowcountry meant I needed to alter my work and travel habits considerably.

☆ Subway is making an epic comeback at the best possible time
▼ + stars: | 2023-04-24 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +3 min

Subway's global same-store sales surged by more than 12% in the most recent quarter, the chain said. In the most recent quarter, global same-store sales surged by more than 12%, the chain said. He told Restaurant Business that Subway currently has 16,500 stores overseas but believes it should have 40,000 or even 60,000. Subway's recent menu updates have helped spur growth. In February, Subway's app was the third-most downloaded fast-food app in the US, logging 1 million downloads, Apptopia said in an article published in QSR Magazine.

☆ Why this rusting industrial city could be Greece’s next tourism hotspot
▼ + stars: | 2023-04-20 | by ( Elinda Labropoulou | ) edition.cnn.com time to read: +9 min

For 2023, it’s been given the title as a Cultural Capital of Europe – a title it shares with Timisoara in Romania and Veszprem in Hungary. Sergio Tsitakis / Design Farm ProductionsFor the occasion, the city’s magnificent archaeological site has been overhauled, improving its accessibility. Being a Cultural Capital has helped dozens of cities that have previously held the title to foster urban regeneration and find a spot on the travel radar. Among upcoming highlights this summer is a play, “Ma,” by Italian director and playwright Romeo Castellucci, a performance specially created to be staged in Eleusis’ archaeological site. And with the majority of international flights landing in Athens, Eleusis is perfectly located as an easy-to-reach destination.

☆ NJ deli stock fraud defendant denied bail as judge calls him a serious flight risk
▼ + stars: | 2023-04-17 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +4 min

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. A magistrate judge had approved Peter Coker Jr.'s release on a $1.5 million bond in late March, but he remained in an Essex County jail as prosecutors appealed the ruling. He added that Coker Jr.'s local doctors had advised him not to travel because of his health issues. Assistant U.S. Attorney Shawn Barnes acknowledged that Coker Jr. had health concerns, but said officials could have made arrangements to ensure his safety while traveling. After the judge delivered her ruling, Coker Jr.'s mother cried in the gallery and outside of the courtroom.

☆ U.S. producer prices unexpectedly fall in March
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Hannah BeierWASHINGTON, April 13 (Reuters) - U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs that underlying producer inflation was subsiding. The annual PPI rate is subsiding as last year's large increases drop out of the calculation. Goods prices fell 0.3% in February. Excluding the volatile food and energy components, core goods prices rose 0.3% after a similar gain in February. Excluding food, energy and trade services components, producer prices gained 0.1% in March.

☆ Biden basks in Ireland’s welcome as he highlights personal and political ties
▼ + stars: | 2023-04-13 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

A day earlier, Biden jokingly questioned why his predecessors left Ireland for a better life as he visited a local market and deli in Dundalk. In his talks with Irish leaders Thursday, Biden is expected to discuss a number of global issues, including the war in Ukraine. Later, Biden will address the Irish Parliament in a speech expected to touch on the close ties between the US and Ireland, both political and personal. Three years later, Ireland voted decisively to end what, at the time, was one of the most restrictive abortion bans in the world. The Irish identity Biden is exploring this week with visits to two ancestral hometowns is intrinsically linked to his own Catholicism.

☆ Ex-fugitive in $100 million N.J. deli case granted bail, but kept jailed as feds fight release
▼ + stars: | 2023-04-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. A former fugitive in the securities fraud case of the notorious $100 million New Jersey deli has been granted bail — but he remains in jail as federal prosecutors fight his release by arguing he remains a serious flight risk. Coker Jr., 53, was charged in September along with his father, Peter Coker Sr., and another man, James Patten, in a 12-count indictment alleging securities fraud and conspiracy. Prosecutors say the scheme was designed to make both companies attractive targets for so-called reverse mergers with private companies. The elder Coker and Patten were arrested at the time of the indictment in North Carolina, where they reside.

Our sandwiches weren’t always this bad for us. Sandwiches have grown less healthy in the past 40 years, says Dariush Mozaffarian, a cardiologist and professor of nutrition and medicine at Tufts University. Culprits include highly processed grains in bread and the low-fat push that took off in the 1980s, which nutritionists now say led to the consumption of more deli meats marketed as low-fat.

☆ Walmart is slapped with 2 lawsuits in a week accusing the retailer of unfairly firing workers with chronic illnesses
▼ + stars: | 2023-03-31 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

The lawsuits say Walmart didn't accommodate the former employees, one who has Crohn's disease, and other, epilepsy. Crohn's disease is a chronic condition that causes inflammation in individuals' digestive tract. In early November 2016, Tucker went to the emergency room due to a "medical episode" and had to miss work, according to the lawsuit. Per the lawsuit, Walmart ignored those requests as well as subsequent ones, and did not excuse absences for further medical episodes. Per the non-profit Crohn's & Colitis Foundation, Crohn's disease does count as a disability under the ADA.

March 30 (Reuters) - Walmart Inc (WMT.N) was sued on Thursday by the U.S. Equal Employment Opportunity Commission (EEOC), the agency's second lawsuit this week accusing the largest U.S. retailer of discrimination against workers with disabilities. The lawsuit was filed three days after the EEOC sued Walmart for firing Adrian Tucker, a deli worker in a Statesville, North Carolina store, because she had too many "unauthorized" absences related to her Crohn's disease, an inflammatory bowel condition. Both lawsuits accused Walmart of violating the Americans with Disabilities Act, and sought back pay and punitive damages. The case is EEOC v Wal-Mart Stores East LP, U.S. District Court, Eastern District of North Carolina, No.

☆ Walmart sued by EEOC for firing deli worker with Crohn's disease
▼ + stars: | 2023-03-28 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +3 min

Equal Employment Opportunity Commission sued Walmart for firing a North Carolina employee with Crohn's disease after the retail giant allegedly refused to grant her disability-related leave. The EEOC's complaint, filed in Charlotte federal court, accuses Walmart of violating the Americans with Disabilities Act in its treatment of deli worker Adrian Tucker. Tucker worked for Walmart between February 2014 and April 2017 at its Statesville store. According to the complaint, Tucker suffers from Crohn's disease, a chronic bowel condition that causes inflammation of the digestive tract, which can lead to stomach cramps, dehydration, vomiting and diarrhea. The EEOC alleges Walmart refused to provide reasonable accommodation to her when she experienced symptoms multiple times between November 2016 and April 2017.

Equal Employment Opportunity Commission (EEOC), which on Tuesday accused the largest U.S. retailer of illegally firing a North Carolina deli worker with Crohn's disease. According to a complaint filed in the Charlotte, North Carolina federal court, Walmart did not excuse several absences though Tucker provided doctor's notes, and rejected her requests for periodic leave or a transfer to a job nearer the bathroom. Crohn's disease is an chronic bowel disease that causes inflammation in the digestive tract, and can lead to diarrhea, abdominal pain, fatigue and weight loss. Tucker was a long-term employee who needed "flexibility" from Walmart because of her debilitating health condition, EEOC lawyer Melinda Dugas said in a statement. The case is EEOC v Wal-Mart Stores East LP, U.S. District Court, Western District of North Carolina, No.

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. NEWARK, N.J. – A former fugitive in the securities fraud case involving a New Jersey deli company once valued at $100 million renounced his U.S. citizenship in 2019, prosecutors revealed Thursday as they asked a judge to deny him bail. In the same letter, prosecutors said Coker Jr. had "stood to make tens of millions of dollars" from a hoped-for reverse merger of the deli company, which the goal of the "complex, long-term fraud' spanning at least seven years that grossly inflated its stock price. CNBC in 2021 published several dozen articles that exposed eyebrow-raising consulting agreements, troubled legal histories, and other issues related to people connected to the deli company. I have no intention to return to live or work in the U.S., and have therefore decided to renounce my U.S.

☆ Subway will sell 50% discounts for its footlong sandwiches to app users — and they could sell out within hours
▼ + stars: | 2023-03-17 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Subway is bringing back its Footlong Pass subscription program. Passes will be available on the chain's app, which has seen a surge in downloads lately, as well as online. And, they're about to surge even more as the chain plans to bring back its wildly popular $15 Footlong Pass deal. One million Subway app downloads in a monthAccording to app intelligence firm Apptopia, Subway's menu overhaul, and recent promotions are causing a surge in app downloads. McDonald's (3.2 million downloads) and Starbucks (1.3 million downloads) came in at No.

☆ Ex-fugitive in fraud scheme tied to $100 million NJ deli willing to pay millions for bail
▼ + stars: | 2023-03-16 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Watching from the gallery was Coker's mother, Susan, and his father, Peter Coker Sr., 80, who is also a defendant in the case. "He looks good," Susan Coker told her son's lawyers, John Azzaerello and Bill McGovern, afterward. Coker Jr. is "pretty much willing to stake every nickel he has" to be released on bond, Azzarello said. After the hearing, Azzarello told CNBC, "I don't think this case, by any means, requires pretrial detention." Coker Sr. and Patten, who were arrested in September after a grand jury indicted them and Coker Jr. on 12 criminal counts, each remain free on $100,000 bond.

☆ What we lend in the shadows
▼ + stars: | 2023-03-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

"What We Do in the Shadows." New companies, especially ones that don't make any money are "pre-revenue," as VCs like to say, aren't easy to lend to. — there are also risks to letting investment firms lend billions of dollars without much oversight. Private-credit firms are looking to fill the lending gap left by Silicon Valley Bank's downfall. Inside Silicon Valley Bank's $70 billion loan portfolio that's now up for grabs.

☆ Eggs and bacon are finally getting cheaper
▼ + stars: | 2023-03-14 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +3 min

The cost of eggs is finally falling, according to the Bureau of Labor Statistics. Inflation cooled down overall, and egg prices fell 6.7% last month, according to the Bureau of Labor Statistics' Consumer Price Index release on Tuesday. The price of bacon also decreased by 1.5%, and even cheese and orange juice experienced modest declines in cost. Inflation impacted the cost of eggs as the avian flu began to spread in earnest last February. The egg news is welcome, especially as food prices increased slightly overall, by about 0.4% compared to January's 0.5% increase.

☆ Ex-fugitive in $100 million New Jersey deli case leaves Thailand for U.S. court hearing
▼ + stars: | 2023-03-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Coker Jr., 54, was arrested in the resort area of Phuket, Thailand, in mid-January. He was apprehended more than three months after the well-publicized arrests in North Carolina of his two co-defendants: his father Peter Coker Sr., and James Patten. Since his arrest by Thai authorities, Coker Jr. had been held in a Bangkok jail and was awaiting transport to the U.S., having waived extradition. A spokesman for the prosecutors' office did not immediately respond to a request for comment.

☆ Cleveland has the most generous tippers in the U.S.—San Francisco comes in dead last
▼ + stars: | 2023-03-08 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Cleveland ranked No.1 on the list with diners there adding a 20.6% gratuity to their checks, on average. San Francisco brings up the rear, with a 17% average tip. Just about every transaction you make these days, it seems, comes with a tablet being flipped in your direction with suggested tip amounts. As long as the server doesn't stick a fork in my eye, they get 20% — more if they're especially good. I recently picked a few things up at a local grocer/convenience store/deli, and when the touchscreen flipped, I was prompted to tip 20%, 22%, or 25%.

To offset inflation, the deli has added a 50-cent surcharge to credit card purchases and increased prices on many items in the store, including cartons of eggs. The avian flu virus can be spread by wild birds mingling with poultry flocks, but also through contaminated clothing and equipment. But the loss of flocks, as well as increased operational costs, including labor and fuel for transportation, have eaten into the increased revenue. "Corn and soy are the key ingredients in producing an egg, because that is the feedstuff that egg layers eat." As of mid-February 2023, wholesale eggs prices have fallen by more than 50% since December.

☆ British supermarkets confront their German discounting demons
▼ + stars: | 2023-02-22 | by ( James Davey | ) www.reuters.com time to read: +5 min

And the discounters' supermarket sweep still has a long way to run, industry executives say, with Aldi UK CEO Giles Hurley pledging Britain's lowest prices "no matter what". "Over the Christmas period alone shoppers switched 58 million pounds ($70 million)(of purchases) to Lidl from Tesco and Sainsbury's," Lidl GB CEO Ryan McDonnell told Reuters. Tesco and Sainsbury's are now matching Aldi prices on hundreds of key items and using customer loyalty schemes, while they have accepted a profit hit to keep prices down. Sector executives, speaking on condition of anonymity, said the further rise of Aldi and Lidl is inexorable. "Nobody's going to take Tesco out but at some point somebody might take Sainsbury's out," the sector veteran said.

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