The summer is officially here and World Cup has kicked off the elimination stages (spoiler: Nigeria, Argentina, Germany, Spain, Portugal, among others are out!). If you are planning a trip to any national parks, here are some tips from various park employees.
Amazon marked its grand entrance to push deeper into healthcare by acquiring PillPack, a prescription-management startup. With this announcement, shares of major US healthcare companies went into freefall dive, with CVS Health and Walgreens losing as much as 10%, altogether, the market value of 10 big healthcare companies fell by $23.5 billion.
Amazon also announced its ‘delivery program’ which would depend on contractors around the country to launch businesses that deliver Amazon packages to consumers. Through the Amazon program, it can cost $10,000 for someone to start her own delivery business. Contractors can either provide their own vans or can lease from Amazon and will be responsible for hiring delivery people.
Your next burger in a restaurant just might be made by a robot. Due to the lowest unemployment in years, fast-food restaurants are turning to machines to start taking over some kitchen duties because they can’t find enough workers. Restaurants around the country are implementing robotics and automation to address mundane tasks that employees hate to do in the restaurants - in hopes to improve consistency, shave time off tasks, and maybe help ease the incessant turnover that crimps productivity and staffing across the industry. Here’s how some of your favorite restaurants are applying technology to your food orders:
Caliburger implemented Flippy, a robot that turns the burgers and cleans the hot, greasy grill. Dunkin’ Donuts installed small terminals that print out expiration times on food produce, and use digital refractometers to determine if coffee meets specifications. Arby’s installed ovens that roast the beef and then switch to holding mode after reaching optimal cook time - allowing night crews to begin cooking for the next day’s lunch before leaving. Wendy’s is using automation to eliminate one of the most undesirable jobs in the kitchen: washing the bowls, spatulas and other utensils used to prep food, saving almost ten hours of labor per week, and also installed self-cleaning ovens. Creator, a San Francisco burger shop where a robot preps, cooks and assembles your meal for the affordable price of $6.
It is quite well known that Wells Fargo and Bank of America are two less favored banks and also card issuers in America, but little-known Credit One Bank sits at the top of that list, as the credit card provider with the most complaint, even having twice many complaints than the chief scandal officers, Wells Fargo.
So how does Credit One deceive people? Credit One sometimes charges an annual upfront fee of $75, even on accounts with credit limits as low as $300. Payments take as long as a week to be credited unless customers pay a $9.95 express-payment charge. But don’t be late: That costs $35. Optional “credit protection” costs about 1% percent of the balance per month. Interest rates are around 24 %, and some accounts don’t have a grace period, meaning Credit One charges interest even if the balance is paid in full every month. Credit One reported $579 million in fee revenue last year, while receiving roughly 14,700 complaints in 2017, the most complaints per card among the 11 largest U.S. card issuers.
- H&M slashes prices as it can’t sell $4 billion worth of goods, while its earnings fell for a fourth consecutive quarter.
- Instagram is worth $100 billion to its parent, Facebook. Boasting over 1 billion monthly users and 400 million daily users on its ‘Stories’ feature, IG launched IGTV and soundtracks this week, which aims to compete with Youtube and also provides a revenue source for Instagram’s content creators.
- AT&T quietly bumps its admin fees for its phone service customers by $1.23 which can rake in almost $1 billion per year.
- FDA approves the 1st weed-based medicine to treat childhood epilepsy and loss of appetite for chemotherapy patients.
- California passed a new law that grants you the right to know what information companies collect about you, and the right to tell companies to not sell or share your data to advertisers.
Thank you for reading through this weekend’s brief! Hope you found some interesting articles to spark your next happy hour, coffee date, or summer BBQ. Which article did you find most interesting this week?