Business News Weekly ─ July 1, 2019
From the Wall Street Journal:
Drug makers strike $63 billion deal, Abbvie agrees to buy Botox in one of 2019th largest mergers.
Trade tensions, job fears start to effect consumer mood.
San Francisco put squeeze on Vaping. When they do, they will be the first US city to ban e-cigarettes.
Restaurants battle delivery costs. Companies are fighting to share in the fast-growing food delivery market. Some of the biggest restaurant operators are pushing back against fees charged by delivery companies.
‘Smart City” gets wary reception. Alphabet’s unit plan to exceeds initial scope of the Toronto project, it sponsors entities says. The unit of alphabet said it’s propose smart city in the Toronto neighborhood would create thousands of jobs and cut greenhouse – gas emissions, but met some resistance from the projects government-sponsored over the scope.
Apple explores shift from China. Trade tensions are prompting it to consider diversifying its supply chain.
To speed up, McDonald’s enlist robots. The fast food is testing automated deep fryers and a voice activated drive-through in Chicago.