Uber grows Q2 bookings but fails to stay profitable in the US
8/25/2016 BloombergGizmodo

Uber reportedly lost more than $750 million in the most recent quarter, including $100 million domestically after a first-quarter profit in the US. Driver subsidies accounted for most of Uber's losses, according to the company, which also said that bookings grew to more than $5 billion in the second quarter.

How college student debt could affect the presidential race
8/25/2016 ThinkAdvisor

A new poll by Direct Textbook shows 84% of parents with children in college will vote for a presidential candidate they believe has the best plan to reduce student debt. The survey found that the debt issue was more important to them than other issues such as unemployment, gun control or health care.

SEC settles with 71 muni borrowers who lied about disclosure
8/25/2016 BloombergReutersThinkAdvisor

The Securities and Exchange Commission said it has settled enforcement actions against 71 state and local governments that made "materially false statements or omissions about their compliance with continuing disclosure obligations" to investors. The agreement requires bond issuers to cease and desist future violations but doesn't impose any fines.

Natural Grocers puts the spotlight on organics in Sept.
8/25/2016 Progressive Grocer

Natural Grocers will launch a full month of promotions and educational efforts in September for Organic Harvest Month, designating itself the "Organic Month Headquarters." The Colorado-based retailer's selection includes only USDA-certified organic produce.

Study: Millions of Americans exposed to harmful chemicals in water
8/24/2016 HealthDay News

At least 6 million Americans are exposed to levels of polyfluoroalkyl and perfluoroalkyl chemicals in drinking water that are higher than recommended for safety, which could raise the risk of health problems, according to a study in Environmental Science & Technology Letters. Researchers said the chemicals are found in products used as part of daily life or in manufacturing, and while some have been phased out, they still remain in the environment.

FedEx makes purple and orange logo the standard
8/25/2016 Adweek

FedEx is globally centralizing its logo color palette, using its most recognizable shades of purple and orange across all of its business divisions. "It's all about giving our customers the most powerful brand imagery we can," FedEx's Patrick Fitzgerald said.

Penney's to open 500 in-store appliance showrooms this year

J.C. Penney unveiled appliance showrooms at two Minnesota stores last week and will debut six more in the state Friday as part of a push to put the big-ticket items in 500 of its 1,000 US stores by year's end. Penney's will showcase up to 215 dishwashers, refrigerators and other appliances in the showrooms and offer more than 1,000 other models online.

Best Buy rolls out VR demonstrations, tests mainstream market
8/25/2016 Bloomberg

Best Buy will be showing off Facebook Oculus Rift VR headsets in 500 stores and Sony PlayStation VR in 200 stores over the next few months. "The performance of virtual reality at Best Buy will be a very good indicator of how successful the VR movement will be," said Keybanc Capital Markets retail analyst Brad Thomas.

Pfizer acquires small-molecule antibiotics from AstraZeneca

Pfizer has agreed to acquire AstraZeneca's small molecule-antibiotics business, which includes the approved drugs Zavicefta, Merrem and Zinforo, as well as the investigational treatments ATM-AVI and CXL. Pfizer will provide a $550 million upfront payment, another $175 million unconditional payment in January 2019, milestone fees of $250 million, plus $600 million tied to royalties and future sales of Zavicefta and ATM-AVI.

Fox News aims to increase younger viewership
8/25/2016 Bloomberg

Fox News averages 2.26 million viewers per night and has a commanding lead over other cable news networks, but the average age of its primetime viewer is 68. The network has been focusing on digital to help bring in younger viewers, while also holding on to programming popular with young demographics, including "The Kelly File" and "The Five."

Tenn. airport cuts energy consumption with geothermal system
8/25/2016 Engineering News-Record

Tennessee's Nashville International Airport has cut its energy consumption by more than 50% since it switched to a geothermal energy system that uses a water-filled former quarry as a cooling source. The lake plate system is unique in North America.

Report: Sanchez Energy soliciting buyers for some Eagle Ford acreage
8/25/2016 Bloomberg

Reports indicate that Sanchez Energy is soliciting buyers for about 25,000 net acres in the Eagle Ford Shale region in south Texas. Sanchez is said to be raising cash to further develop its best prospects, including a lucrative patch of the Eagle Ford known as the Catarina.

TSA wait times are 10 minutes or less at Chicago airports

Transportation Security Administration checkpoint wait times at Chicago-area airports have dropped to 10 minutes or less in the first half of this month, compared to more than an hour in May. "TSA's efforts here have been heroic in addressing the problem," said Mayor Rahm Emanuel.

Luxury Minn. hotel offers tailgating in style with the Vikings

The Hotel Ivy in Minneapolis is offering a $12,000 Ultimate Tailgate Package that includes a night in the penthouse, three more hotel rooms for friends, six 40-yard-line tickets to the Sept. 1 Vikings football game, limo transportation and lots of food and beverages. The feature follows a national trend of luxury pregame accommodations for gridiron fans.