The United States Postal Service is cutting its rate so much in advance of the holiday season that both FedEx (NYSE: FDX) and United Parcel Service Inc. (NYSE: UPS) forcefully objected to regulators.
The Wall Street Journal reported e-commerce businesses have had their interest piqued by price cuts of as much as 58 percent for big-volume customers. Both FedEx and Atlanta-based UPS have said they will adjust their pricing models to apply dimensional weight pricing, something that a few retailers feared would threaten their ability to offer free shipping on many items. However, the Journal said, with the USPS’ move, that means shipping shorter distances could be significantly cheaper with the USPS rather than either of the two large private companies.
Atlanta Business Chronicle.
Marvel Studio’s latest superhero movie — Ant-Man — began filming Tuesday in Atlanta and San Francisco.
Atlanta also is the base for the film’s production.
Marvel said the film is set for release in the United States on July 17, 2015. It stars Paul Rudd as Scott Lang/Ant-Man, Michael Douglas as his mentor Dr. Hank Pym and Evangeline Lilly as Hope Van Dyne, daughter of Hank Pym.
Atlanta Business Chronicle.
Jurors at the nation’s first federal criminal trial stemming from a deadly outbreak of food-borne illness are learning a disconcerting fact: America’s food safety largely depends on the honor system.
Witnesses say Stewart Parnell and others at Peanut Corporation of America knowingly shipped salmonella-tainted products, and that they sent customers lab results from other clean batches rather than wait for tests to confirm their products were free of deadly bacteria.
NASCAR driver Tony Stewart struck and killed a driver who was walking on a dirt track during a race in upstate New York, authorities said early Sunday.
A video of the crash at Canandaigua Motorsports Park showed driver Kevin Ward Jr. stepping toward Stewart’s car before being hit and hurtled 50 feet.
When David Andrade became the CIO for the Bridgeport Public Schools District in Connecticut last year, he knew he was in for a big challenge.
Only a few old desktop PCs were located in the district’s public schools, and his limited budget made it difficult to place a big order for new computers. Being in a working-class community, where 95% of the students receive free or reduced-cost lunches, most students didn’t have access to computers outside of school, either.
So when he was asked to bring more computers to Bridgeport public schools, Andrade immediately thought of Google’s Chromebook.
The USB standard has a fundamental security flaw that allows an attacker to take over any device it is connected to, whether PC or Mac, say security researchers in a frightening piece by Wired.
Describing the proof-of-concept Karsten Nohl and Jakob Lell plan to present at the Black Hat conference next week, they say the weakness is fundamental to the way in which USB works. Rather than storing malicious files on a USB device, the researchers managed to hack the USB controller chip that enables a USB device to communicate with a computer, changing its firmware. That means it can allow absolutely any USB device, from a USB key to a keyboard, to be compromised.
Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business.
Harley-Davidson is recalling more than 4,500 FXDL Dyna Low Rider bikes worldwide because engine vibration can turn the switches from “on” to “accessory.”
The recall covers motorcycles from the 2014 ½ model year, including more than 3,300 in the U.S. If the motorcycles have been modified to rev higher than 5,600 RPMs, an engine mount bracket can vibrate excessively, causing the problem.
via AP News
Federal safety regulators say that not only are General Motors ignition switches defective, so is GM’s website for determining if you are driving one of the defective cars.
People who use the GM “VIN look-up” site are told their cars aren’t part of an active recall if the repair parts aren’t yet available, even when the cars are, in fact, being recalled.
VIN is the vehicle identification number. GM and other automakers maintain websites that allow owners to check for recalls by plugging in their vehicle’s VIN.
Procter & Gamble CEO A.G. Lafley declared Friday the company will sell or exit 90 to 100 mostly minor brands in a bold attempt to refocus the business behind its 70 to 80 remaining best-selling brands.
In an interview with the Enquirer, Lafley stressed size of sales won’t be the only criteria for shedding brands. Though he wouldn’t name brands, Lafley said P&G will unload even large brands if they don’t fit into the company’s core beauty, fabric care and other businesses.
“Some of our big brands are in industries that are not very attractive: they’re not growing or low margin or commodities,” he said. “If it’s not a core brand – I don’t care whether it’s a $2 billion brand, it will be divested.”
Recall expenses chopped $1.5 billion from General Motors’ bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.
The automaker, which is in the midst of the largest spate of recalls in its history, posted a net profit of $190 million, or 11 cents per share. A year ago GM made $1.26 billion, or 75 cents per share. Without one-time items GM would have made 58 cents per share, equaling Wall Street’s expectations, according to data provider FactSet.
via AP News
The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler.
Chrysler said Tuesday it is recalling up to 792,300 older Jeep SUVs worldwide because the ignition switches could fall out of the “run” position, shutting off the engine and disabling air bags as well as power-assisted steering and braking. That’s the same problem that has forced GM to recall more than 15 million cars over the last six months.
Chrysler’s recall covers 2005-2007 Grand Cherokees and 2006-2007 Commanders. The company said it is not sure exactly how many will be recalled, but said it will notify customers by mid-September.
Monster Media has installed a network of free interactive charging stations at Hartsfield-Jackson Atlanta International Airport, Chicago O’Hare International Airport and Dallas/Fort Worth International Airport.
The new kiosks are part of a contract with Clear Channel Airports, a unit of Clear Channel Outdoor (NYSE: CCO). They feature built-in cameras that allow travelers to snap a quick selfie to share on social sites. Campaigns can also reach across channels, prompting travelers to connect to the brand via social media and email when prompted by on-screen advertising content. The kiosks’ software captures usage metrics to provide insights on campaign effectiveness to brands.
Atlanta Business Chronicle.
Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv’s Ben Gurion Airport.
A Delta Boeing 747 from New York was flying over the Mediterranean headed for Tel Aviv on Tuesday when it turned around and flew to Paris instead. Flight 468 had 273 passengers and 17 crew on board.
Airlines and passengers are growing more anxious about safety since last week, when a Malaysia Airlines jet was shot down over Ukraine, killing all 298 people on board.