More than 200 fifth-graders in South Portland, Maine, are learning about the community's shipping industry during a recent tour of the area's International Marine Terminal. After her own earlier visit to the terminal, a fifth-grade teacher developed the curriculum, which incorporates geography, math and reading, and offers hands-on activities.
Lowe's is cutting health care costs by offering employees free surgeries, says Bob Ihrie, senior vice president for compensation and benefits. More than 700 employees are participating in the program, which negotiates special fees with hospitals for procedures such as hip and knee replacements.
Many colleges and universities are struggling to provide "digital experiences" online and instead are bogged down by keeping up with the day-to-day maintenance of their web presence, according to a recent survey from Digital Clarity Group. The survey included feedback from content leaders as well as colleges and universities, service providers and vendors.
The US economy grew by 0.5% in this year's first quarter, marking the slowest quarterly expansion in two years. Investment by businesses plummeted 5.9%, the biggest drop since 2009, on the heels of the financial crisis. Most forecasts call for growth to pick up through the year, as it did in 2014 and 2015.
Food Lion is introducing a new value private-label brand called Cha-Ching as part of a rebrand of its private-label offerings, the company said. The new line includes about 80 products such as canned vegetables and macaroni and cheese, and it will be followed with the relaunch of Food Lion's natural and organic Nature's Place private-label line later this year, Delhaize CEO Frans Muller said.
Prices for common medical services vary widely from state to state, according to an analysis of claims data by the Health Care Cost Institute. The difference may be especially pronounced in areas with a shortage of health care providers or a highly consolidated health care system, say HCCI Executive Director David Newman and the Kaiser Family Foundation's Cynthia Cox.
Facebook Live is emerging as some marketers' preferred live-streaming platform, thanks to its reach, engagement rate and targeting tools. Still, rival platforms such as YouTube and Periscope remain viable options. "Whenever there are that many players in a space, it means it's a good time to experiment, but probably too early to pick the winner," says Greg Jarboe, president of SEO-PR.
Gap has signed a 10-year lease on 20,000 square feet in the Industry City complex in Brooklyn, N.Y., for a photo and marketing studio. Other fashion brands that have taken space in the 6 million-square-foot complex include Malia Mills, Ball and Buck and Rag & Bone, and furniture retailer West Elm has also leased space there.
Amazon posted its most profitable quarter yet, posting a 29% year-over-year increase to deliver a profit of $1.07 per share on $29.1 billion in revenue, which surpassed analysts' expectations. Amazon attributes much of its success to the growing popularity and profit margins on its Amazon Web Services cloud unit, which CEO Jeff Bezos estimates will soon be bringing in $10 billion in revenue annually.
The rights to develop and market AstraZeneca's gout drug Zurampic, or lesinurad, in the US have been obtained by Ironwood Pharmaceuticals in a deal worth as much as $265 million. Under the terms of the deal, AstraZeneca will initially supply the drug, and its subsidiary, Ardea Biosciences, will oversee the development of a treatment combining Zurampic with allopurinol for Ironwood.
Rovi today announced that it will be acquiring TiVo in a deal valued at approximately $1.1 billion, with $277 million being paid in cash and the remaining balance to be paid in stock. The new company will take on the TiVo name and brand, and Rovi CEO Tom Carson will take over. The deal is expected to be completed in the third quarter.
The Secret Service is proposing a taller fence around the White House. The 11-foot fence with a concrete foundation would be 5 feet taller than the current barrier and would be outfitted with "anti-climb features" and "intrusion detection technology."
The US added 520 megawatts of installed wind capacity in the first quarter of 2016, according to the American Wind Energy Association. The report said 2016's first-quarter results are the most in a first quarter since 2012. It added that the US is home to more than 48,000 active turbines across a total of 40 states, plus Guam and Puerto Rico. "Our productive first quarter reflects the strength of American wind power entering 2016. We have a low-cost product that's in high demand," said CEO Tom Kiernan.
The CuisinArt Golf Resort & Spa; Westin Grand Cayman Seven Mile Beach Resort & Spa; Ritz-Carlton, Grand Cayman; and Le Soleil d'Or are all featured in this compilation of resorts offering quality summer packages for travelers to the Caribbean.