Pabst Blue Ribbon beer that also makes Colt 45 and Old Milwaukee is being sold to Russian investors. The company was purchase in 2010 by Dean Metropoulos for only $250 million and he will make a nice profit on the sale. The Pabst Brewing Company will be sold for more than $700 million.
When most auto companies have a recall for safety problems its in the area of 40 million or so. Swedish automaker, Koenigsegg, has set a new record for recalls, one car. They are recalling only one car setting a record for recalls.
It’s called ‘The Chairless Chair’ because it’s nothing like your traditional chair. It doesn’t actually touch the ground and it’s a chair you wear. It’s a mobile exoskeleton that allows you to sit anywhere at any time.
Seventy per cent of deliveries in the U.S. are made by trucks, everything from food to online shopping orders but, there is truck driver shortage in the country right now. The shortage is more noticeable now that the economy is coming back but even before the economy went in the tank there was a driver shortage.
The current secondary NASCAR race is the Nationwide series but that may change soon. NASCAR and Comcast’s Xfinity are in negotiations to become the title sponsor. It would be a five to six year deal at more than $100 million with the first year’s rights and activation fees $9 million for each or $18 million.
In China a restaurant has opened that is run by robots. There are 12 robots on the staff that cook and deliver food to the tables. They even have two robot hostesses’ that greet customers when they arrive. Each robot cost $6, 500 or the same as a year’s wage.
On behalf of their family, the great-grandsons of the women who is the face of Aunt Jemima are suing PepsiCo and Quaker Oats. Quaker Oats are the makers of Aunt Jemima pancake syrup and mixes and their grandmother has been the face of the company since 1935.
Some good news, gas prices continued to drop this past week. According to the website GasBuddy.com, the average for a gallon of gas in Maine dropped almost 4 cents a gallon this week, for an average of $3.68 a gallon.
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