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tacobell-nba-061919.jpg Taco Bell website and mobile app was not able to cope with the chain's free taco giveaway on Tuesday and were down for many users, according to comments by fans on social media. Taco Bell is a Mexican-inspired restaurant chain owned by Yum! Brands Inc. Tuesday's giveaway was part of Taco Bell's "Steal a Game, Steal a Taco" promotion for the NBA finals.

ecigarette-061919.jpg San Francisco is set to become the first city in the U.S. to block the sale of e-cigarettes. City supervisors voted unanimously on Tuesday to ban the sale and distribution of e-cigarettes in city limits as well as a ban on manufacturing of e-cigarettes on city property. There will be a final vote to enact the ordinance before it becomes law, that may take six to seven months.

Eros International Plc (EROS) said that it will evaluate and explore strategic alternatives for the company. Eros has engaged Citigroup Global Markets Inc. as its strategic advisor and Gibson, Dunn & Crutcher LLP as legal advisor. "There can be no assurance that this review process will result in...

Pacific Gas and Electric Company, a PG&E Corp. (PCG) unit, has resolved to settle the 2015, 2017 and 2018 wildfire claims by signing agreements with 18 public agencies. The settlement payment of $1 billion will be made as part of a Chapter 11 plan of reorganization subject to Bankruptcy Court confirmation....

Barnes & Noble Inc. (BKS) reported that its net loss for the fourth quarter narrowed to $18.7 million or $0.26 per share, from $21.1 million or $0.29 per share, in the prior year. Analysts polled by Thomson Reuters expected the company to report a loss of $0.22 per share for the quarter. Analysts' estimates...

cityofgirls-061919.jpg Amazon.com Inc. has named Elizabeth Gilbert's novel City of Girls as the best book of 2019 so far. The annual list, compiled by Amazon editors and released by the online retailer, features the Top 20 books of the year that were published between January and June 2019. It also features the best books across various categories, including literary fiction, mystery and thriller, and biography.

The University of Oxford announced Wednesday it received a transformational investment of 150 million pounds from Stephen Schwarzman, philanthropist and Chairman, CEO and Co-founder of Blackstone (BX), the world's largest alternative investment firm. The fund will be used to create the Schwarzman...

At the Paris Air Show, Airbus (EADSF.PK, EADSY.PK) disclosed orders for aircraft from various airlines around the world. China Airlines has signed a MOA for 11 A321neo aircraft and will acquire another 14 on lease. Qantas Airways has reached an ageement for 36 new extended range A321XLR aircraft. Indigo...

Peabody Energy Corp. (BTU) and Arch Coal (ARCH) said Wednesday that they agreed to merge their Powder River Basin and Colorado assets. Peabody will own 66.5 percent in the venture, while Arch will take 33.5 percent stake. Peabody will serve as operator and also market coal. Both the companies...

Boeing (BA) said that Turkmenistan Airlines plans to order one 777-200LR (Long Range) airplane. The commitment is valued at $346.9 million at list price. Boeing said that the new 777-200LR will be the 32nd airplane purchased by Turkmenistan Airlines from the company. Turkmenistan's flag carrier, based...

Catalent, Inc. (CTLT) has agreed to purchase Bristol-Myers Squibb's manufacturing and packaging facility in Anagni, Italy. Bristol-Myers Squibb plans to maintain a continued strategic presence in Italy. Upon closing of the deal which is anticipated by the end of 2019, Catalent will continue to manufacture...

Axalta Coating Systems Ltd. (AXTA) announced Wednesday that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. These include a potential sale of the Company, changes in capital allocation, and ongoing execution of its strategic plan. The...

Boeing (BA) said Qatar Airways has signed an order for five new Boeing 777 Freighters. The deal is valued at $1.8 billion at list prices. Akbar Al Baker, CEO, Qatar Airways, stated: "It will increase our 777 freighter fleet by a full 20 percent, enabling us to further develop our business and offer...

Southwest Airlines Co. (LUV) said it has continued to experience solid demand and strong passenger yield trends year-over-year during second quarter 2019. The company lowered its second-quarter capacity guidance, primarily due to a lower-than-expected completion factor. For the second-quarter, the...

AstraZeneca Plc. (AZN.L, AZN) said that Japan approved Breztri Aerosphere, formerly PT010, as a triple-combination therapy to relieve symptoms of chronic obstructive pulmonary disease or COPD. It is the first approval by the Japanese Ministry of Health, Labour and Welfare for a triple-combination...

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