
S. Korea's E-Mart reports soaring sales of wine, Hanwoo beef this year
Dec 20, 2021 23:42 pm UTC| Economy Business Life
South Korean discount store chain E-Mart Inc.s wine sales surged 32 percent to rank sixth from 10th in its charts last year, while its Hanwoo beef sales jumped by 15.8 percent this year, going from ninth last year to...

Samsung to supply 1,300 displays for New York Mets' stadium
Dec 20, 2021 23:00 pm UTC| Sports Economy Business
Samsung Electronics Co. will supply 1,300 displays at New York Mets home stadium Citi Field after being selected as its official sponsor. Among the displays that Samsung will provide is its high-resolution 4K LED screen...

Adidas launches indoor cycling shoe for high-intensity training
Dec 20, 2021 22:27 pm UTC| Economy Business Sports
Adidas has released a cycling shoe designed specifically for indoor cycling, dubbed The Indoor Shoe. The shoes lightweight and breathable design makes it ideal for high-intensity indoor training, whether spin classes or...

Kmart shutting its last store in California
Dec 20, 2021 10:21 am UTC| Business Economy
Kmart is one of the well-known names when it comes to thrift shopping in the United States. However, the retail store chain is now closing out its remaining outlet in California. The branch in the Grass Valley area is...

What is the Fed taper? An economist explains
Dec 20, 2021 10:01 am UTC| Economy
Tapering refers to the Federal Reserve policy of unwinding the massive purchases of Treasury bonds and mortgage-backed securities its been making to shore up the economy during the pandemic. The unconventional monetary...

Chipotle to launch its first digital kitchen in Ohio
Dec 20, 2021 10:01 am UTC| Business Economy
Chipotle is growing and it is also making major changes in its restaurants and business. For instance, as putting up digital kitchens is becoming a growing trend among fast-food brands, the Mexican Grill chain is also...
Dec 20, 2021 09:57 am UTC| Economy
One of the main concerns raised by critics of President Joe Bidens Build Back Better plan is that it will drive up inflation, which is already running at the fastest pace in four decades. The Senate is currently...