Category: business

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French television star and entrepreneur, along with a group of investors, is seeking 280 million Swiss francs ($330 million) from Nespresso, following the collapse of a company that aimed to provide a more environmentally friendly alternative to the aluminum capsules sold by the coffee-pod giant. The ongoing legal battle between Nespresso and the plaintiffs highlights…

Uber announced its decision to shut down the alcohol delivery platform, Drizly, by March. The ride-hailing app had acquired Drizly for $1.1 billion three years ago, during a time when home alcohol delivery was gaining popularity. However, the growth in the delivery market has slowed down since then, leading to this strategic move by Uber.…