‘Robots can’t beat us’: Las Vegas casino workers prep for strike over automation | US news

At the Tipsy Robot in Las Vegas, a mechanical arm mixes cocktails that patrons order on tablet computers. “Galactic ambassadors” – human waitresses in shiny silver skirts – are sometimes available to deliver drinks. But the underlying message at the future-themed bar is that humans are irrelevant. It’s a novelty experience, but the future Tipsy […]

Visa payments back to ‘full capacity’

Visa payments back to ‘full capacity’

Image caption Shops, like this Sainsbury’s in Leeds, were unable to take Visa payments on Friday Visa services have returned to normal after a hardware failure left customers across Europe unable to make some payments. The company released a statement on Saturday morning, saying its systems were now working at “full capacity”. Visa issued an […]

After saving Hostess, Greenwich firm acquires Necco candy

After saving Hostess, Greenwich firm acquires Necco candy

Photo: Charles Krupa / AP Less than a week after reports of the sale of the New England Confectionery Co. to a Chicago candy giant, the Metropoulos family announced the formation of Sweetheart Candy in Greenwich to take over the bankrupt Necco. (AP Photo/Charles Krupa) less Less than a week after reports of the sale […]

Samsonite CEO Packs His Bags a Week After Short-Seller Attack

Samsonite CEO Packs His Bags a Week After Short-Seller Attack

Updated May 31, 2018 11:14 p.m. ET HONG KONG— Samsonite International SA 1910 8.74% said Friday its chief executive has resigned a week after a short seller claimed the executive had misrepresented himself as having a doctorate. In filings to the Hong Kong exchange, the world’s largest luggage maker by sales volume said CEO Ramesh […]

Uber Didn’t Want Warren Buffett’s Money — The Motley Fool

Uber Didn’t Want Warren Buffett’s Money — The Motley Fool

When Warren Buffett tried to make a $3 billion investment in Uber Technologies, the ridesharing company said no thanks. Bloomberg reported that Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) proposed making a convertible loan to Uber in an amount “well above $3 billion.”  Buffett likes these kinds of deals. If the borrower (Uber) succeeds, and its stock appreciates, the lender […]

Big Banks to Get a Break From Limits on Risky Trading

Big Banks to Get a Break From Limits on Risky Trading

Big banks are getting a big reprieve from a postcrisis rule aimed at curbing risky behavior on Wall Street. Federal bank regulators on Wednesday unveiled a sweeping proposal to soften the Volcker Rule, a cornerstone of the 2010 law that was enacted after the financial crisis to rein in risky trading. The change would give […]

Treasuries Drop as Italy Panic Eases; Euro Rallies: Markets Wrap

Treasuries Drop as Italy Panic Eases; Euro Rallies: Markets Wrap

Global markets regained some composure on Wednesday as panic over the Italian political crisis subsided and encouraging economic data helped steady nerves in Europe. Treasuries fell back with the dollar as the haven bid ebbed, and the euro jumped. Italian bonds rebounded, with the 10-year yield falling as much as 19 basis points even as […]

Starbucks Closes 8,000 Stores for Antibias Training

Starbucks Closes 8,000 Stores for Antibias Training

Updated May 29, 2018 3:09 p.m. ET Starbucks Corp. SBUX -1.54% closed more than 8,000 company-operated cafes Tuesday afternoon to provide antibias training for its employees, sending customers around the country to competitors for a caffeine fix. The training comes more than a month after an incident in Philadelphia. There, a store manager called police […]

Shares fall on Italian turmoil, euro near 6-1/2 month lows

Shares fall on Italian turmoil, euro near 6-1/2 month lows

SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed in Italy, but a revival in diplomatic talks with North Korea and a retreat in oil prices from recent highs supported sentiment. FILE PHOTO: A picture illustration of Euro banknotes, April 25, 2014. REUTERS/Dado Ruvic/Illustration/File […]

USDA recalls 228,000 pounds of Spam after customers find metal in food

USDA recalls 228,000 pounds of Spam after customers find metal in food

Nearly a quarter-million pounds of Spam and another lunch loaf product made by Minnesota-based Hormel are being recalled after several people were injured from metal objects in the food, federal officials said. The 228,614 pounds of the canned chicken and pork products were made from Feb. 8-10 at the Austin company’s plant in Fremont, Neb., […]

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