Consumer goods giant Unilever vows to slash use of plastic
* Stories are summarized by an A.I.
* Companies mentioned: UN, AMZN, SFTBF, BA, and KR
Consumer goods giant Unilever vows to slash use of plastic
UN (Unilever NV) | New York Post
Unilever aims to achieve the goal by reducing its use of all plastics by 100,000 metric tons and using more recycled plastic. The multinational previously pledged to make all its plastic packaging reusable, recyclable or compostable by 2025 and to use at least 25% recycled plastic in packaging by that year. The company also said Monday it aims to collect and process more plastic packaging than it sells by 2025. Even so, the Anglo-Dutch company says it produces some 700,000 metric tons of plastic packaging annually. Experts say that some 9 million tons (8 million metric tons) of plastic waste, including plastic bottles, bags, toys and other items, flow annually into the world’s oceans.
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Amazon’s New Matchmaking Service Connects AWS Customers With Certified Professionals
AMZN (Amazon.com Inc.) | Forbes
Amazon IQ, the latest service is a matchmaking platform that brings third-party AWS experts closer to customers looking for help from freelancers. AWS certified professionals can list themselves as freelancers with the system. First, it creates opportunities for the vast community of certified AWS professionals in finding potential customers. Customers looking for an expert use Amazon IQ as a directory of certified professionals and AWS experts. Amazon IQ opens up doors to an army of AWS certified professionals to put their skills to use.
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WeWork’s financing lifeline hinges on SoftBank talks
SFTBF (SoftBank Group Corp) | Financial Post
However, SoftBank and its Vision Fund, which controls about 29 percent of WeWork after investing or committing to invest $10.65 billion, are facing unusual crosscurrents as they seek a new deal. WeWork’s valuation estimates had fallen to as low as $10 billion to $12 billion around the time that it decided to abandon the IPO, Reuters reported last month. The success of the talks with both SoftBank and Wall Street is essential if WeWork is going to survive in anything like its current form. The bank does not want to get into intensive negotiations over the debt deal until it is sure that SoftBank has reached a new financing deal, one of the sources said. The pair have talked about the need to return to WeWork’s core business of renting out trendy office space to freelancers and enterprises.
Read More
Southwest Pilots Sue Boeing For Lost Wages From 737 MAX Grounding
BA (The Boeing Company) | Forbes
At the time of the grounding, Southwest had 34 737 MAX planes scheduled to fly. Southwest airline’s pilots union is suing Boeing over the grounding of its 737 MAX aircraft, alleging that the company misled pilots about the safety of the 737 MAX and that its grounding resulted in more than $100 million in lost wages. The Southwest Airlines Pilots Association, which represents 10,000 Southwest pilots, claim in the lawsuit that Boeing failed to disclose design flaws that made the 737 MAX unsafe to fly. We are aware that their pilot union, SWAPA, has filed a lawsuit against Boeing related to the 737 MAX suspension of operations. Big number: At the time of the grounding, Southwest had 34 737 MAX planesin service, and planned on adding 20 more by the end of 2019.
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Kroger, Walgreens to stop sales of e-cigarettes amid U.S. vaping crackdown
KR (Kroger Company (The)) | Reuters
Kroger Co and Walgreens Boots Alliance Inc said on Monday they would stop selling e-cigarettes at their stores, amid heightened regulatory scrutiny of the product and reports of lung disease and some deaths linked to vaping.
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* Companies mentioned: UN, AMZN, SFTBF, BA, and KR
Consumer goods giant Unilever vows to slash use of plastic
UN (Unilever NV) | New York Post
Unilever aims to achieve the goal by reducing its use of all plastics by 100,000 metric tons and using more recycled plastic. The multinational previously pledged to make all its plastic packaging reusable, recyclable or compostable by 2025 and to use at least 25% recycled plastic in packaging by that year. The company also said Monday it aims to collect and process more plastic packaging than it sells by 2025. Even so, the Anglo-Dutch company says it produces some 700,000 metric tons of plastic packaging annually. Experts say that some 9 million tons (8 million metric tons) of plastic waste, including plastic bottles, bags, toys and other items, flow annually into the world’s oceans.
Read More
Amazon’s New Matchmaking Service Connects AWS Customers With Certified Professionals
AMZN (Amazon.com Inc.) | Forbes
Amazon IQ, the latest service is a matchmaking platform that brings third-party AWS experts closer to customers looking for help from freelancers. AWS certified professionals can list themselves as freelancers with the system. First, it creates opportunities for the vast community of certified AWS professionals in finding potential customers. Customers looking for an expert use Amazon IQ as a directory of certified professionals and AWS experts. Amazon IQ opens up doors to an army of AWS certified professionals to put their skills to use.
Read More
WeWork’s financing lifeline hinges on SoftBank talks
SFTBF (SoftBank Group Corp) | Financial Post
However, SoftBank and its Vision Fund, which controls about 29 percent of WeWork after investing or committing to invest $10.65 billion, are facing unusual crosscurrents as they seek a new deal. WeWork’s valuation estimates had fallen to as low as $10 billion to $12 billion around the time that it decided to abandon the IPO, Reuters reported last month. The success of the talks with both SoftBank and Wall Street is essential if WeWork is going to survive in anything like its current form. The bank does not want to get into intensive negotiations over the debt deal until it is sure that SoftBank has reached a new financing deal, one of the sources said. The pair have talked about the need to return to WeWork’s core business of renting out trendy office space to freelancers and enterprises.
Read More
Southwest Pilots Sue Boeing For Lost Wages From 737 MAX Grounding
BA (The Boeing Company) | Forbes
At the time of the grounding, Southwest had 34 737 MAX planes scheduled to fly. Southwest airline’s pilots union is suing Boeing over the grounding of its 737 MAX aircraft, alleging that the company misled pilots about the safety of the 737 MAX and that its grounding resulted in more than $100 million in lost wages. The Southwest Airlines Pilots Association, which represents 10,000 Southwest pilots, claim in the lawsuit that Boeing failed to disclose design flaws that made the 737 MAX unsafe to fly. We are aware that their pilot union, SWAPA, has filed a lawsuit against Boeing related to the 737 MAX suspension of operations. Big number: At the time of the grounding, Southwest had 34 737 MAX planesin service, and planned on adding 20 more by the end of 2019.
Read More
Kroger, Walgreens to stop sales of e-cigarettes amid U.S. vaping crackdown
KR (Kroger Company (The)) | Reuters
Kroger Co and Walgreens Boots Alliance Inc said on Monday they would stop selling e-cigarettes at their stores, amid heightened regulatory scrutiny of the product and reports of lung disease and some deaths linked to vaping.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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