Postal service says dogs bit 6,000 on-duty mail carriers
Submitted by Amarinder Sekhon on Sat, 05/14/2016 - 03:11
The U. S. Postal Service has said on Thursday that the number of god attacks on mailmen have been increasing since the year 2014.
The postal service said that god bites rose to 6,000 mailmen in the country in the previous year. The Postal Service also said that in 2015, most of the attacks took place in Houston, San Diego, Cleveland, Chicago and Dallas during. The service has released a list of top
30 cities for dog atatcks on on-duty mailmen.
Honda to recall additional 21m cars to replace airbags
Submitted by Jitendra Tiwari on Sat, 05/14/2016 - 03:09
Japanese automaker, Honda has said that it will recall an additional 21 million vehicles form the market in order to replace the faulty air bags made by Takata Corporation.
Credit Suisse records its second quarterly loss
Submitted by Apoorva Prasad on Wed, 05/11/2016 - 03:16
Global financial giant, Credit Suisse Group has recorded its second consecutive quarterly loss amid difficult financial situation.
Chief Executive Officer TidjaneThiam announced sharper cost cuts at its securities business in the beginning of the year. The company's securities business is affected by writedowns on trading positions.Thiam is aiming to reduce the scale of its investment bank in order to free up capital for expanding the bank's wealth-management business in order to cater to the clients across the Asia-Pacific region.
Greeters to return to Wal-Mart gates
Submitted by Apoorva Prasad on Tue, 05/10/2016 - 03:17
Leading retail giant, Wal-Mart has said that it will bring back door greeters to a majority of its 5,000 stores in the coming months in order to improve customer service at its stores.
The company has also said that it will position a customer host at stores that are at a higher risk of theft. The role of the customer host will not only be to greet customers but also check receipts to prevent theft. The company stores faced a problem with theft in the previous year. The customer hosts will be trained to help prevent thefts at stores.
Tribune Publishing’s Chairman Michael Ferro says ‘We’re not for sale’
Submitted by Kunal Garg on Fri, 05/06/2016 - 09:56
Last month Gannett, the publisher of USA Today made a takeover offer for Tribune Publishing offering it $12.25 a share. The deal included $390 million in debt and was an all-cash deal that Tribune rejected.
Chairman of the Gannett Board of Directors, John Jeffry Louis, said that the rejection by Tribune confirms their board "never intended to engage with us."
Amazon Struck a Deal with Atlas Air Worldwide to Lease Twenty Cargo Planes
Submitted by Ajay Saxena on Fri, 05/06/2016 - 09:51
For years, Amazon has been building its transport strategy without much noise. A report in 2013 to the senior management proposed a huge global expansion of Fulfillment By Amazon service. It provides storage, packing and shipping facilities for independent merchants who sell products on Amazon's website.
