CNN Money's Maribel Aber has the latest business and financial news for Wednesday, June 18.
NEW YORK, NY (CNN) - CNN Money's Maribel Aber has the latest business and financial news for Wednesday, June 18.
Portable Kitchens Inc. of Little Rock, which makes PK Grills, said Tuesday that Jeff Humiston, Scott Moody, Brian Taylor and Martha James have joined its ownership group. Humiston, Moody and Taylor were part of the executive team that started Allied Wireless in Little Rock in 2010. Allied sold to AT&T in 2013. At Allied, Humiston was general counsel, Moody was vice president of marketing and Taylor was COO and CFO. Martha James is the sister of Portable Kitchens' Chairman Paul James. Martha has helped run the company after James purchased the rights to the Portable Kitchens brand name and design from Char-Broil of Columbus, Georgia. Terms of the transactions were not disclosed.
Six major retailers will be making it easier to secure good deals on their websites. But Amazon, the world's biggest online retailer, is staying away from the initiative. The companies -- Wal-Mart (WMT), Costco (COST), Walgreens (WAG), FreshDirect, CVS (CVS) and Drugstore.com -- agreed to add unit prices to their product pages over the next nine months. Unit prices, which are already common at many of the retailers' physical locations, show what a package of ground beef costs per pound, for example, or the price of a single aspirin within a bottle of 300. That helps customers price shop when different products are different sizes.
eBay has offered Sell for Me, a service does most of the heavy lifting for you, for sometime. But, it hasn't been widely used. The company seems to think its lack of success might be a combination of poor branding and inconvenience (Sell for Me is only accessible from the desktop site). So today it got a new name and a mobile app, eBay Valet, that lets iPhone users sell their stuff without lifting a finger. (Ok, not literally, since you'll have to lift a finger to operate the app... but you get the idea.) Basically you snap a few photos of whatever it is you want to sell. A representative will give you an estimate of its worth, and if you're still interested, the company will send you a box with a pre-paid shipping label.
Hot or Not, an online platform where people rate the attractiveness of participants, took the Internet by storm over a decade ago. Now Hot or Not's creators have relaunched the dating app to help people connect with the hottest people in their areas. The updated Hot or Not app encourages people to vote on the most attractive (and least attractive) users, then gives users a popularity score and compiles a 'Hot List' to show in real-time where the most babelicious people are each neighborhood.