The last time when price of U. S postage stamps went down, is history. But that is going to be repeated this weekend and the USPS is not happy about it.
In July 1919, prices of postage stamps were decreased by 3 cents to 2 cents. From the Civil War times, this is the third time price has been decreased on record.
The drama over a bidding war for Starwood Hotels & Resorts Worldwide Inc seems to be over finally.
On Friday, shareholders of both Marriott and Starwood Hotels & Resorts Worldwide Inc. agreed to the $14.41 billion sale deal. That clears Marriott International's hurdle on its journey buy Starwood, one of its biggest rivals and become the biggest hotel chain in the world.
The shareholders vote brings an end to a chaotic month where Marriott saw a last-minute competitor China's Anbang Insurance Group bid from Starwood.
The UK government has indicated that it is planning to impose an additional tax on fizzy drinks in order to fight the growing issue of obesity in the country.
The debate over the subject involved a host of parties including fizzy-drink producers, health experts, economists and think-tanks as well as the general public on the social media. Experts say that there is strong evidence from around 15 countries that have already introduced similar taxes, which shows that a tax on sugary drinks reduces consumption of heavily sugared products.
According to a new research study, women who are obese during their pregnancy may face a higher risk of giving birth to abnormally large babies.
Researchers found that obesity and diabetes during pregnancy can cause "abnormally large" babies and they also pointed out that it increases risks for the mother during childbirth. They also found that the women most at risk are currently screened much later.
People have backed a new system of labelling that would include food labels with how much exercise is needed to burn off the calories.
Famous newsreader, consumer journalist, host of Top Gear and Come Dancing, Angela Rippon is inspiring more people to live healthier lives.
San Francisco, California based Gap Inc, which operates five well known brands is struggling with declining sales. On Thursday, shares of the apparel company dropped almost nine percent during the after-hours trading.
It followed an announcement from the clothing retailer that reported its March results, revealing a slide in sales for the twelfth straight month. The retailer reported drop in comparable sales for three of its biggest brands in March. The company also warned entering April with a high levels of inventory that could affect the profit margins.
Gender gap may not be good after all for corporate. According to several researches diversity is good for the economy as well as businesses. A new McKinsey report revealed that in case Silicon Valley can bridge the gender gap, the technology sector could gain $25 billion in gross domestic product (GDP) by 2025, which will be a nine percent increase. The San Francisco city could move its GDP around $45 billion by 2025.
- Postage Prices will Decrease from Sunday; USPS not too Happy About It
- Marriott and Starwood Hotels & Resorts Worldwide Inc Shareholders Approve to $14.41 Sales Deal
- UK plan to impose additional tax on sugary drinks
- Obesity during pregnancy may increase risk of very ‘large babies’
- Dropping Sales at Gap’s Key Brands hurt the Company’s Shares