When McDonald’s (MCD) introduces a new menu item, the entire food industry feels it. The company added apples to its menu and became one of the country’s largest apple buyers. It put cucumbers on its new McWrap and now expects to buy 6 million pounds of cukes this year. Now Mighty Wings are coming …
Emirates is breaking out of Dubai. In what will be a curious experiment for one of the world’s fastest-growing and most respected airlines, Emirates will begin flying daily from New York’s JFK International Airport to Milan starting Oct. 1. It will be one of the very few routes in the …
Is there a chance Hollywood could move the NC-17 rating out of the movie ghetto? The Motion Picture Association of America’s ratings board handed out its second NC-17 rating of the year this week for the French film Blue is the Warmest Color because of its explicit sexual content. In …
Almost entirely on the back of stronger exports, last week the U.S. Commerce Department revised upward its economic growth estimate for the second quarter, from 1.7 to 2.5 percent. Exports from April to June grew at their fastest pace in two years, pushing down the U.S. trade deficit to 2.7 …
Trendy brands such as Starbucks (SBUX) and Green Mountain (GMCR) may now be taking up more space on supermarket shelves, but Americans still buy more Folgers coffee than any other brand. JM Smucker (SJM), the jelly company that also manufactures Folgers and packaged Dunkin’ Donuts (DNKN) coffee (as well as …
Apparently, the nicotine business never changes—with smoke or without. Big Tobacco fought government overseers for decades, but eventually traditional cigarettes became heavily regulated products. Now the Food and Drug Administration is working on a package of regulations for e-cigarettes devices, which vaporize liquid nicotine with heat, rather than burning it …
Hackers love credit card numbers, sure, but frequent flier miles? US Airways (LCC) is notifying some members of its Dividend Miles loyalty program that miles have been stolen from some 7,700 compromised accounts. The breach was discovered on July 12, the airline said in a regulatory filing mandated under a …
Photograph by Kirsty Wigglesworth/WPA Pool/Getty Images Prince Charles and Camilla, Duchess of Cornwall with cutter Kathryn Sargent during a visit to Gieves & Hawkes in London Visitors to 10 Savile Row in London are greeted by photographs of the current Sultan of Oman in full military regalia. Deeper inside the shop …
The long promise of insulin that diabetics can inhale appears to be moving closer to the market. An inhalable insulin powder called Afrezza showed positive results for controlling diabetes in a late-stage clinical trial, the drug’s maker, MannKind (MNKD), reported today. Pharmaceutical companies have been working on inhalable insulin for …
Julie Johnsson has a nice piece in Businessweek about how Boeing is buying up old 747s in order to sell more new 747s, referring to “desert storage” of the planes that are going to be taken out of service in hopes that at some future point someone will want them. …
Our need to remain constantly connected everywhere is definitely paying off for inflight Internet provider Gogo. The company reported its first quarterly earnings since going public in June, and it shows that not only are more domestic flyers signing up for its pokey airborne connections, but that they’re also paying …
There are more than 50 flights each day between Los Angeles and San Francisco, enough for one every 20 minutes from 6 a.m. to 10:30 p.m. Nonetheless, Delta Air Lines (DAL) sees room for more. The airline made a splash on Aug. 1, when it announced a new hourly shuttle …