Consumers are likely to accelerate their adoption of online grocery shopping in the wake of recent mergers and acquisitions, a Nielsen report projects. Up to 70% or 80% of shoppers will be venturing online for at least part of their groceries within five to seven years, according to Nielsen's Laurie Rains.
Late-night talk show host Tavis Smiley is suing PBS after sexual misconduct allegations led to his firing. Smiley has denied his behavior created a "verbally abusive and threatening environment" for women and says the network used the accusations as an excuse to force him out.
College and university students are now more likely to be financially independent from their parents, with the majority of such students being female or people of color, according to a new study from the Institute for Women's Policy Research. The data also show that the independent students are more likely to attend for-profit colleges, and have lower completion rates than dependent students.
Walmart shares posted their biggest drop in three decades after the company reported disappointing online sales and weak earnings. As the stock price plunged more than 10%, several widely followed equity indexes were dragged down.
About 57% of Costco members are also Amazon Prime members, compared to 13% five years ago, according to a survey from MoffettNathanson. "Americans appear to be buying into the concept of owning two 'shopping' memberships as the value proposition is fundamentally different," the firm wrote in a research note.
All-cause mortality risk for older men dropped 17% for each additional 30 minutes of light exercise, such as walking or gardening, performed each day, researchers reported in the British Journal of Sports Medicine. Sporadic exercise reduced mortality risk by 41%, while exercising 10 minutes or more lowered the risk by 42%.
Snapchat has teamed with Giphy to enable users to access animated GIF stickers and add them to Snaps, enabling users to resize and add multiple stickers to one post. Snapchat also plans to introduce tabs to its Friends and Discover sections, making it easier for users to organize content such as Discover subscriptions or group chats.
Shipper costs per mile are up 4%, while transit times are increasing for routes of 450 to 550 miles, according to Zipline Logistics. The company's analysis shows a 16.2% increase in transit days after the electronic logging device mandate went into effect.
Google followed through on promises to combine Android Pay and Google Wallet by releasing Google Pay in the Google Play store yesterday. Peer-to-peer payments are not available on this platform yet, but the company expects to offer this feature in the next few months.
Mylan's fixed-dose combination of dolutegravir, emtricitabine and tenofovir alafenamide pill received tentative approval from the FDA as a treatment for patients with HIV infection in developing countries.
Comcast will be testing fixed and mobile wireless services using the 3.5 GHz CBRS band in Philadelphia, the home of its headquarters. The company will use three types of radio transmitters and three types of mobile devices and handsets during the trials.
Texas expects to get more than $1 billion in disaster-mitigation funds from the Federal Emergency Management Agency by the one-year anniversary of Hurricane Harvey, and $500 million is ready to be disbursed, Gov. Greg Abbott said. Harvey dropped more than 60 inches of rain in parts of southeast Texas after making landfall in August.
The wider adoption of renewable energy and electric vehicles could cause oil demand to peak at around 110.3 million barrels per day before 2040, according to BP's annual energy outlook. BP also said it expects oil consumption to grow by 0.14% per year between 2016 and 2040.
Smoking will join the gaming and drinking at an outdoor patio set to open in April at Live Casino & Hotel in Baltimore. The space, called Orchid, will be open on one side to allow patrons to light up, respecting a state law forbidding smoking inside casinos.