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Food & Beverages

Kraft Heinz Write Down Its Brand Value, Second Time In Six Months

Kraft Heinz Co. got hit with the major crisis when the company got embroiled in an accounting scandal while its CEO resigned. The American food and beverage company profits slipped by half the size than the last year. Miguel Patricio,…

Uber Posts Largest Quarterly Loss, Shares Slips By 12%

Uber Technologies recorded the largest quarterly loss compared to its global competitors. Oxford reports learned that it witnessed $1.3 Billion. If we zoom into the U.S. space Lyft recorded a loss of $644 Million however its revenue is at least…

Amazon In Talks To Buy Uber Eats India Business

Amazon India is in talks with the Uber Eats to buy out their business in India. According to the people close to the matter, the talks are on the initial stage and will be planning for a strategic alliance. The…

Jim Beam’s Warehouse Set On Fire Destroys Barrels Of Bourbon

In Frankfort, Kentucky fire destroyed about 45,000 barrels of bourbon at a Jim Beam’s Warehouse. The authorities said head generated was so much that it melted the firetruck’s lights. The event occurred late on Tuesday, firefighters from the four counties…

Walmart Launches Subscription Service Worth $98

The American multinational retail corporation Walmart has launched an unlimited grocery delivery service that costs $98. Walmart has started with the service to expand its boost its existing delivery pick up efforts. It is also aiming to become the first…

Uber Plans To Deliver Mcdonald’s Burger By Drone In The US.

Uber, the ride having behemoth has changed the people travel from one place to another. Recently, the company announced that it will be using drones in the high-density areas for food delivery. This is a collaborative effort between the company’s…