COSTCO WHOLESALE CORP

09 Aug

Samsung Recalls Million-Plus Electric Stoves After Fire Reports

stp2y0 CommentsRAG modelsAsia, Automotive, BEST BUY CO INC, COSTCO WHOLESALE CORP, Emerging Markets, infrastructure, retail, SAMSUNG ELECTRONICS CO LTD, South Korea, Technology, Utilities

Samsung Electronics Co. is recalling more than 1.1 million electric stoves sold in the US since 2013, following reports of 250 fires that damaged property, killed pets and injured about 40 people.South Korea’s largest company is offering free locks and covers to buyers of more than a dozen stove models, which help ensure their front-mounted range knobs stay in the “off” position, according to a notice posted on the US Consumer Product Safety Commission’s website. Samsung sold the stoves through retailers from Best Buy to Costco nationwide for between $1,250 and $3,050, the notice read. Source link lol

08 Aug

Deliveroo Customer Orders Rise as Demand Improves Across Markets

stp2y0 CommentsRAG modelsCoronavirus, COSTCO WHOLESALE CORP, DELIVEROO PLC, Earnings, food, JUST EAT TAKEAWAY, Markets, Taxes, Technology, UBER TECHNOLOGIES INC, United Kingdom, Will Shu

Deliveroo Plc said the value of customer orders grew in the first half and that earnings for the year will be on the higher end of its forecast after demand rose at the UK food delivery platform.Gross transaction value rose 6% at constant currencies from a year earlier to £3.69 billion ($4.7 billion), the company said in a statement on Thursday. That was in line with the average estimate from analysts surveyed by Bloomberg. Source link lol