Briefs: Toyota hails Uber; New York state looks to give Domino’s workers a big tip
Toyota is buying a small stake in ridehailing leader Uber and will begin offering leases to Uber drivers. The deal follows investments by Volkswagen and General Motors in Uber rivals Gett and Lyft, respectively. Toyota and Uber didn’t disclose the size of the investment. Hewlett Packard Enterprise will spin off and merge its business-services division with Computer Sciences in a deal valued at $8.5 billion. That lets CEO Meg Whitman exit IT outsourcing, leaving HPE to concentrate on selling servers, storage, and networking hardware, plus software. ●å● Eggless mayonnaise maker Hampton Creek is looking for fresh capital to fund its expansion. It’s been trying to raise about $200 million based on a $1.1 billion valuation, say people familiar with the matter. The company sells what it bills as sustainable foods at Target, Walmart, Whole Foods Market, and other big chains. It wants to increase the number of products it offers to more than 600, from 64. ●● Royal Dutch Shell will cut 2,200 jobs in response to oil prices staying “lower for longer,” it said. The move raises the tally of job losses at Shell since the beginning of 2015 to 12,500. ●ae● New York state filed suit against Domino’s Pizza, saying the computer system used by its franchisees undercounted hours worked by employees, reducing their wages. New York sued the franchisor rather than independent store owners, saying the parent required franchisees to use a flawed computer accounting system. Domino’s said the lawsuit was baseless and “disregards the nature of franchising.”
The Gyeondyo-bar, a grapefruit-flavored ice cream bar to help cure hangovers, has been introduced in Korea, which has the highest per capita alcohol consumption in Asia.