Business

Starbucks to add calorie information

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American beverage company Starbucks said that it will be displaying calorie information for its coffees and snacks at all US locations. The company will begin displaying the calories later in June 2013. On June 18, 2013, the company stated that the labels will be made compulsory by the government and are meant to encourage health-conscious consumers to further customise their orders by choosing sugar-free syrups or non-fat milk over more calorie-heavy variations.

Lisa Passe, a spokesperson from Starbucks, said, “People are already customizing their drinks”. The spokesperson went on to say that the pastries made by the coffee company will also come with calorie count. The decision to add calorie count was made after the move taken by Panera Bread Co., which is the first national restaurant chain to voluntarily post calorie count for their menu.

Sandwich giant Subway used the disclosures in order to position itself as a healthier alternative to its fast food rivals. The US Food and Drug Administration will soon require chains with 20 locations or more to make similar disclosures by the end of 2013.

On the other hand, food chains in New York City and California already post the nutritional statistics in order to comply with the local health regulations.

Business

Boeing aircrafts’ demand increases at Paris Air Show

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US-based aircraft manufacturer Boeing met with a huge demand for its fleet, as the airlines were lining up to place or confirm their orders on the first day of Paris Air Show on June 17, 2013. The value of the orders went over the $10 billion mark. Morgan Stanley showed its domination on the jet maker’s stock and called it an overweight rating.

Under such circumstances, the shares of Boeing went up 1.2 % in recent trade, to $103.04 and they have gone up 37% year-to-date. This has also sparked rumours that the new 797 aircraft might soon be launched, maybe even this week. The GECAS, which is a unit of GE, became the second largest company to endorse Boeing 787- 10X on Monday, June 17, 2013 at the air show.

The GECAS had also committed to buy 10 Boeing 787-10X as it followed in the footsteps of Singapore Airlines. Last week’s report said that Boeing is expected to launch the program as soon as this week.

The new larger version of the 787 is expected to be made of similar carbon composite materials, which is intended to save costs, but will be able to seat more people. More airline companies also ordered their new aircrafts from Boeing.

Business

Airbus conducts successful A350 maiden flight

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On June 14, 2013, aircraft manufacturer Airbus declared the maiden flight of its new passenger jet to be successful. With the latest announcement, the company decided to take over the leadership from Boeing, in terms of long-haul aircraft market. The test aircraft of the Airbus A350 took off from the Toulouse base of the company and landed back in the same place around four hours later.

The test flight was focusing on the basic handling of the aircraft and speed capability. The flight also demonstrated the satisfaction of the crew, as one of them unfurled the Airbus flag from the cockpit immediately as soon as it touched down. The company has full confidence that the new A350 will help it to cut down the domination of the Boeing in the lucrative aircraft market.

The company will be providing a strong alternative to the US manufacturer’s new 787 Dreamliner and its popular 777 Jet. The chief executive of Airbus, Fabrice Bregier said, “We are talking about a market of 6,000 long-range aircraft for the next 20 years, and we want to have more than 50 per cent of this market.” The Europe-based manufacturer is hoping that the A350 can do a fly past at the Paris air show next week.

Business

Yahoo to feature Sky News video content

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Yahoo Inc. has joined up with Sky News in a new partnership through which it will be showing videos to Yahoo users in the UK and many more across the globe. The company is already using text-based stories from Sky News, but the content deal is bound to deepen with this latest partnership.

Sky has adopted Yahoo as the email provider for its customers, which happened just after BT announced that it was closing its BT Yahoo! portal later in the summer of this year. It also announced the transition of the retail giants email service from Yahoo to Critical path.

The new portal has been formed as bt.com/btlife for the BT Retail customers, which is expected to give more information regarding the email transition and is about to be a new portal which is more integrated into the BT TV experience, along with providing a single login for email and customer account information.

BT.com has also been developed in order to make things easier for the customers. They will now have to login to just one single site for all their needs. For some time now, Yahoo email system has been criticised for being a source of spam for consumers, as Yahoo has always been a good target for various hackers.

Business

Tipping in US replaced with set wages and increased prices

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A decision has been taken by a restaurant in Manhattan to eliminate tipping from the fine dining experience. Instead of the tipping, the restaurant will be paying its waiters a set salary and will also increase the prices of menu items by 15 percent, which will in turn compensate for employee wages. This recent move is similar to that of the European dining system, in which the patrons do not tip.

Instead, they are accustomed to pay an extra 18 to 20 on dinner bills in order to compensate for the wait staff salaries. At Sushi Yasuda, there is no tip line on the bill, but there is a line of text to inform its customer,s which reads, “Sushi Yasuda’s service staff are fully compensated by their salary.”

In New York City, the starting salary for most waiters is $2.25 per hour and an assumption is made that waiters will make an additional wage through tips. At Sushi Yasuda, the pay model replaces voluntary tipping with a set of 15 percent service charge on all bought items.

Scott Rosenberg, the owner of the restaurant, said that this will help them to simplify the dining experience.