Best Buy’s Stock Loses Sheen

Best Buy’s Stock Loses Sheen

Best Buy, the American multinational consumer electronics corporation, was in for a shock on Wednesday, May 25, 2016, when its stock lost some sheen owing to a downgrade in rating that it received from Deutsche Bank, as reported by Benzinga. The investment bank’s analyst, Mike Baker, lowered the company’s rating from buy to hold, reflecting poor investor confidence. Consequently, the […]

Starbucks Roastery Plans to Retire Phrase ‘Not for All the Tea in China’

Starbucks Roastery Plans to Retire Phrase ‘Not for All the Tea in China’

  For a century, a common idiom for saying “No way” or “You couldn’t pay me enough” referenced the tremendous amount of tea drank in China and its value. But, the world’s biggest coffee company is making such inroads that the thought of tea as the common beverage is changing somewhat. Starbucks’ plans to open […]

Toyota and Uber Partnership Plans Announced

Toyota and Uber Partnership Plans Announced

  Toyota Motor Corporation and Uber Technologies Inc. announced their new strategic alliance on Tuesday and partnership plans to expand the number of drivers available out there ready to pick up riders. The popularity of ride-hailing services has carmakers wanting to ensure their vehicles are the ones being driven and some, like Toyota, taking a […]

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