Nespresso launches paper-based compostable coffee capsules
Nov 23, 2022 23:08 pm UTC| Nature Life Economy Business
Nespresso has launched its compostable paper-based coffee capsules, which protect coffee against oxidization during transport, storage, and high-pressure extraction. The capsules feature proprietary technology, such as...
Starbucks shuttered the first unionized store in Seattle
Nov 23, 2022 09:57 am UTC| Business Economy
Starbucks Corporation shut down the store in Seattle, which was said to be the first branch to unionize. The coffee chain said it made the decision due to safety concerns in the area. CNN Business reported that this...
SK Energy, Doosan partner to build hybrid charging stations
Nov 23, 2022 09:54 am UTC| Business Economy
SK Energy Co. and Doosan Fuel Cell Inc. have come together to set up hybrid charging stations in South Korea. Their goal is to produce one ton of hydrogen from onsite power generation per day to be able to charge at least...
Domino's electrifies deliveries with the rollout of GM’s Chevrolet Bolt EVs nationwide
Nov 23, 2022 09:51 am UTC| Business Economy
Dominos Pizza Inc. is electrifying its deliveries by buying electric cars from General Motors Chevrolet unit. It has placed an order for 800 units of Chevy Bolt EVs, which will be deployed in the companys stores across the...
LG Chem investing over $3B to build its largest cathode materials facility in the US
Nov 23, 2022 08:26 am UTC| Business Economy
LG Chem is investing more than $3 billion to build a new plant for its cathode materials business. The South Korean chemical company announced it has signed a memorandum of understanding (MOU) with the Tennessee government...
Amore Pacific teams up with AOMG’s Gray, Code Kunst, LOCO to draw in male consumers
Nov 23, 2022 08:18 am UTC| Business Economy
Amore Pacific is making an effort to boost the sales of its products to young males. It is targeting the growing cosmetics market for males. Thus, it has teamed up with three Korean rappers to attract the said...
Paramount terminates Penguin Random House’s $2.2B Simon & Schuster sale deal
Nov 23, 2022 07:16 am UTC| Business Economy
Paramount Global confirmed this week that it would no longer continue with the sale of its Simon Schuster publishing company to Penguin Random House. The American mass media and entertainment firm officially dropped the...
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