Starbucks has announced that it’s going “strawless.” The company said that it will begin a process of phasing out plastic straws from all its stores by the year 2020. The strategy will help the Starbucks ditch the over 1 billion straws used in its stores each year.
Canada announced on Sunday a new 25% tariff on assorted US metals products. A 10% tariff on another 250 products such as beer kegs, orange juice, and whiskey was also confirmed. The tariffs are the culmination of increased trade tensions between the US and Canada over the last few months.
Disney has officially raised its offer for 21st Century Fox and all its assets. The company is now offering $38 per share to purchase Fox. This represents a total takeover bid of about $71.3 billion. The figure is a huge increase from the initial $52.4 billion that Disney was offering.