Report: Corona-maker Constellation Brands may sell cheap wine brands to E. & J. Gallo

New York (CNN Business)Corona-maker Constellation Brands may sell off some of its lower-end wine brands to E. & J. Gallo Winery, according to CNBC. The deal is not confirmed and could still fall apart, CNBC reported, citing sources familiar with the situation. CNBC added that the specific brands up for sale are still being discussed. Recently, Constellation Brands has reported weakness in its low-end wine business. “We’re disappointed with the performance of our wine and spirits business as we’re facing challenges with the low end of the portfolio,” Constellation Brands CEO Bill Newlands said in January. E. & J. Gallo, which makes inexpensive products like André sparkling wines and Barefoot Wine, would make sense as a buyer for the lower-end …

Financial sharks circling Metro Bank

Earlier this year the financial regulator, the PRA, raised concerns with the bank about inconsistencies in the reports it was submitting. It soon emerged that the bank had miscalculated the capital it needed to support some of its commercial lending. The news sent the banks shares down nearly 40% in one day as the bank said it would need to raise more capital by selling new shares. Metro bank shares slump on cash call Which banks do customers love or hate? The American taking on British banks Miscalculating the amount of capital you have or need to support your lending is one of the most fundamental mistakes a bank can make. It gets to the very core of what a …

Vaquitas Plummet Towards Extinction As Just 10 Animals Remain

The vaquita – a little porpoise that lives only in Mexican waters and is the rarest marine mammal in the world – is rapidly diving towards extinction. According to a new report, just 10 of these animals remain, meaning we’re almost guaranteed to lose them forever. Small and elusive, vaquitas have only been known about since 1958 and are found in the Gulf of California, the stretch of sea between Baja California and the rest of Mexico. The imperiled porpoises are both the smallest and most endangered cetaceans on Earth; in 2017 there were about 30, now just 10 remain. In a new report, the International Committee for the Recovery of the Vaquita (CIRVA) outline their findings, and call on …

How eSports became a big business for Razer

Singapore (CNN Business)When Min-Liang Tan started a business 13 years ago to make gear for playing video games, he faced a lot of doubters. “We said we are going to come up with something that’s going to eat up all the other mice out there,” Tan said. “So we called our first mouse the Razer Boomslang, after the African tree snake.” The futuristic design of the Boomslang made it stand out from other computer products of its time. Razer sold it with the slogan that would define the company’s brand for years to come: “For gamers, by gamers.” Over the years, Razer developed hundreds more products including laptops and smartphones. It aims to meet demands for fast and ultra sensitive …

I’ve Tried Every Lip Plumping Product Short Of FillersHere’s What Works & What Doesn’t Betches

NIOD Lip Bio-Lipid Concentrate, $60 Sooo this one is probably my favorite product for immediate results. Like, if you’re going out that night, and want some more bodacious and supple lips, this is the product to use. Although, disclaimer, put it on at least two hours before you’re planning to see people. It not only enhances your lips with plump and color, it also reddens the skin around your lips, which isn’t a great look. But, if you do it as the first step in your getting ready routine, you should be good to go by the time you’re ready to face the world! And by “world” I mean the bartender you’re trying to schmooze for free drinks that night.  …

Answers to the pressing questions behind the FAA and the Boeing crash

(CNN)After the crash Sunday of a Boeing 737 MAX 8 aircraft in Ethiopia, questions have risen around Boeing, the Federal Aviation Administration, and why this crash occurred just months after a similar crash involving the same type of airplane. “We’re a data-driven organization,” FAA’s acting administrator Daniel Elwell told NBC News Thursday when asked why the US was among the last to make the decision to ground the Boeing 737 MAX planes. “You have to establish at least more than a gut feeling that two crashes are related before you ground an entire fleet.” According to Elwell, the tracking data for the Ethiopian flight was not available to be analyzed by the FAA until Wednesday. That data, along with information …

Cambridge Analytica a year on: a lesson in institutional failure

One year after she broke the Cambridge Analytica scandal, Carole Cadwalladr discusses the state of play with whistleblower Christopher Wylie Its a measure of how much has changed in a year that, last month the UK, parliament published an official report that called Facebook digital gangsters and said that Britains electoral laws no longer worked. It was a report that drew on hours of testimony from Cambridge Analytica directors, Facebook executives and dozens of expert witnesses: 73 in total, of whom MPs had asked 4,350 questions. And its conclusion? That Silicon Valleys tech platforms were out of control, none more so than Facebook, which it said had treated parliament with contempt. And its a measure of how much hasnt changed …

MPs reject Mays EU withdrawal deal again

Media playback is unsupported on your device Media captionMay: I profoundly regret MPs’ decision Theresa May’s EU withdrawal deal has been rejected by MPs by an overwhelming majority for a second time, with just 17 days to go to Brexit. MPs voted down the prime minister’s deal by 149 – a smaller margin than when they rejected it in January. Mrs May said MPs will now get a vote on whether the UK should leave the EU without a deal and, if that fails, on whether Brexit should be delayed. She said Tory MPs will get a free vote on a no-deal Brexit. LIVE: Reaction as May’s deal is voted down ‘People must decide’ Brexit – Sturgeon Brexit: What could …

1 million pounds of pork seized at U.S. border amid deadly Chinese outbreak

“Agriculture specialists made a critical interception of these prohibited animal products, and stopped them from entering the U.S. before they could potentially cause grave damage,” Troy Miller, director of Customs and Border Protection Field Operations, told NJ.com. RUSSIAN WOMAN FOUND DEAD, EATEN IN PIG PEN: REPORT Miller said it would cause nearly $10 billion worth of damage to the U.S. pork industry within one year. According to the U.N. Food and Agriculture Organization, the outbreak in China has already spread to Vietnam, where 79 outbreaks have been confirmed. “Agriculture specialists made a critical interception of these prohibited animal products, and stopped them from entering the U.S. before they could potentially cause grave damage,” Troy Miller, director of Customs and Border Protection …

Energy bills: ‘I don’t know who to trust’

Outfox the Market had to apologise late last year after it admitted sending annual bill forecasts that were 25% too high, as it introduced a winter/summer payment split. Winter likely to finish off some energy firms, analysts say Brilliant Energy becomes 10th energy firm to fail in a year The company is one of five new or smaller energy providers which have been given a customer service rating of less than two out of five by Citizens Advice in the final quarter of 2018. The others were Eversmart Energy, PFP Energy, Pure Planet and iSupply, although Pure Planet has argued that Citizens Advice’s scoring method is outdated and unfair. Gillian Guy, chief executive of Citizens Advice, said: “We have seen …

Boeing faces dual crises after crash and grounding

New York (CNN Business)Boeing has two tough problems to solve. The 737 Max jets are by far the most important product for the company. It has orders for nearly 5,000 of the jets, enough to keep production lines operating for years to come. But none of the 371 planes delivered so far can fly until aviation authorities around the world determine they are safe. Boeing (BA) spent three days after the crash insisting the plane was safe before conceding that the jets should be grounded out of “an abundance of caution and in order to reassure the flying public of the aircraft’s safety.” A search for crash causes The cause of the Ethiopian Airlines crash is still unclear. But it …

‘Like a ghost town’: how short-term rentals dim New Orleans legacy

As rentals with companies such as Airbnb proliferate in the area, raising rent and property taxes, officials are enacting laws to protect local residents New Orleans Treme is regarded as the nations American neighborhood, but some of its residents, like Darryl Durham, now say that legacy is fading quickly. In recent years, short-term rentals with companies such as Airbnb proliferated and now operate on about 45% of the Historic Faubourg Treme Districts parcels. Resulting rent rises and property taxes stemming from that have forced out many black families and residents, said Durham, a musician who has lived there since 2006. Now Treme moves in an unnatural rhythm. For about half of each week, the number of tourists drops and many …

Do supermarkets know more about us than we do?

Analysing the decisions we make in the supermarket can help us understand the choices we make in other areas of our lives. Shaped by our choices To explore shoppers’ decision-making, we collected more than a million till receipts from one of the UK’s major supermarket chains over several years. Unsurprisingly, we discovered that people’s purchases reveal what they value and what their aims are. These range from very specific goals such as making a stir-fry, to general goals such as reducing their overall spending. Image copyright Getty Images Human decision-making can sometimes be more logical, with takeaway food choices one example of this. A wide-ranging study looked at users of a popular food delivery app in 197 cities, to deduce …

No one needs access to driverless cars more than America’s poor | Ashley Nunes

Road crashes claim over 40,000 lives in the US annually, and the poor are more likely to die than those well-off Silicon Valley is pouring billions into robot cars. Soon although the time scale keeps shifting tech manufacturers say driverless cars will replace their traditional counterparts, car parks will become parks again and road fatalities will plummet. People have taking a deep look at the economics of driverless technology. Our conclusion? So-called robocars are unlikely to produce the societal changes tech companies are promising not because they dont work but because they will cost too much. Affordability is something self-driving enthusiasts often take for granted. They promote a future where sharing is caring. In this future, society is served by …

Women with Allergan breast implants may sue over cancer link

UK women claim they were not told enough about potential risk of rare breast cancer A group of more than 200 women are considering legal action over controversial breast implants that have been linked to a rare form of cancer. The women claim they were not sufficiently informed about the risks of textured Allergan implants, Women who have the implants and capsules removed can make a full recovery, but if left untreated the disease can spread throughout the body and become life-threatening. Last year, the British Association of Aesthetic Plastic Surgeons (Baaps) advised its members to stop using Allergan implants as a precaution, but said the scientific data did not suggest the need to remove or exchange any current implants. …

US and Canada are the only two nations still flying many Boeing 737 Max planes

(CNN)A raft of nations have temporarily suspended Boeing 737 Max flights after the fatal plane crash in Ethiopia but the United States and Canada are still flying a substantial number of those models. Before the EU’s announcement, nations like Australia, Austria, Belgium, France, Germany, Iceland, Ireland, Italy, Malaysia, the Netherlands, Oman, Singapore, Turkey and the United Kingdom announced their own bans on Tuesday. The UK, Oman, Singapore, Australia, Ireland and France and Norwegian Airlines suspended the whole Boeing 737 Max range. India, Dubai, China, Indonesia, Malaysia, Iceland, Germany and the airlines LOT Polish, TUI Airways, GOL Linhas Aereas, Aeromexico, Aerolíneas Argentinas, Cayman Airways, Comair Airways, Eastar Jet, Jet Airways, Mongolian Airlines, China Airlines, China Eastern, China Southern, Lion Air and …