Toys R Us Files for Bankruptcy Protection, Seeks to Restructure Long-Term Debt

UNITED NEWS INTERNATIONAL (UNI) — Iconic retailer Toys R Us has already started its holiday wish list. Item one: restructure $5 billion in long-term debt. Item two: find a way to attract families to brick-and-mortar stores in an increasingly online world. On Sept. 18, Toys R Us announced that it’s filing for bankruptcy protection in the … Continued

Chinese Company Suspends Rentable Sex Doll Service

UNITED NEWS INTERNATIONAL (UNI) — A Chinese company has taken its new lineup of rentable sex dolls off the market. The sex-toy company called Touch announced Sept. 18, it suspended its so-called “girlfriend sharing service” four days after its launch in Beijing. Touch had produced ten life-sized silicone dolls for a trial of the service. Doll … Continued

Coca-Cola Coffee Debuts in Japan

UNITED NEWS INTERNATIONAL (UNI) — Coca-Cola Japan debuted its brand-new Coca-Cola Coffee Plus this month, and it’s only sold in vending machines. The drink has half the calories of ordinary Coke, but twice as much caffeine in case you need that extra kick. The beverage comes pre-mixed with coffee extract powder. One 6.5-ounce can costs about $1 to … Continued

‘Nordstrom Local’ Gives Shoppers a Different Experience

UNITED NEWS INTERNATIONAL (UNI) — Nordstrom has announced its latest store, and it couldn’t be any more different to its popular department store. Named Nordstrom Local, the store won’t even stock any inventory. The company said Sept. 11, the new stores will house personal stylists, some dressing rooms and a limited supply of items. The stylists … Continued

Jaguar Land Rover Announces Plans to ‘Electrify’ All New Vehicles

UNITED NEWS INTERNATIONAL (UNI) — Starting in 2020, all new Jaguar and Land Rover vehicles will be electrified. The initiative encompasses mild hybrids, plug-in hybrids and — of course — fully electric vehicles. Jaguar Land Rover made the announcement on Thursday, Sept. 7, ahead of its inaugural Tech Fest, which runs through Sunday Sept. 10 at … Continued

Equifax Revealed Data Hack After Execs Sold $1.8 Million in Stock

UNITED NEWS INTERNATIONAL (UNI) — Executives at Equifax sold nearly $2 million in stock before the company revealed the personal information of millions of Americans had been hacked. Hackers potentially compromised 143 million Americans’ social security numbers and other personal information after breaking into the databases at the credit reporting agency. The executives, including Equifax’s chief … Continued

Canadian Investment Firm Creates New Crowdfunding Investment Platform

UNITED NEWS INTERNATIONAL (UNI) — A Canadian investment firm has come up with a new way of raising money for startup technology companies. The firm is called Fast Track VC and it helps raise early seed funding. United News International’s Cambrie Caldwell recently spoke with Fast Track Founder and CEO Ruben Dias. Dias said Fast Track gets … Continued

Facebook to Punish Pages that Share Fake News

UNITED NEWS INTERNATIONAL (UNI) — Facebook is cracking down on fake news. The social media site released a blog post on Aug. 28 saying there will now be consequences for pages that share fake stories or hoaxes. A third-party fact checking organization currently marks fake stories as false, and going forward, if pages repeatedly share these stories, they … Continued

Tropical Storm Harvey Cripples US Energy Sector

UNITED NEWS INTERNATIONAL (UNI) — Tropical Storm Harvey made landfall, dropping more than two feet of rain in Houston on Friday, Aug. 25. The Category 4 hurricane weakened to a tropical storm by Saturday afternoon, but not before wreaking havoc. The National Hurricane Center expects more than 30,000 people would be forced to abandon their flooded … Continued

Amazon Slashes Prices at Whole Foods

UNITED NEWS INTERNATIONAL (UNI) — Whole Foods has had a reputation for high prices with its “Whole Paycheck” nickname, but things are changing. Now that Amazon officially owns the grocery chain, customers are getting a break. Last week, the online retail giant promised lower prices on a number of best-selling staples, and the price cuts are … Continued