collected by :Maya Tony

STUTTGART (Reuters) – Daimler’s profit development going to be damp this year with spending on fresh technology such as electric and autonomous vehicles, it told on Thursday, as it missed quarterly earnings forecasts and announced a reducemargin on its Mercedes-Benz cars.

Evercore ISI analyst Arndt Ellinghorst told Daimler’s results and guidance flagged investment and interchange average challenges likely to chock profitability across the industry.

REUTERS/Michaela Rehle /File PhotoDaimler’s EBIT for the 4th quarter out of December was flat at three.47 bn euros, missing the average predictionof three.65 bn euros in a Reuters poll.

The return on discounds at its Mercedes-Benz Cars division shrank to nine.seven % from an unusually high ten.seven % a year earlier, even as unit discounds rose with four % .

It too told it had determine aside three bn euros toward its German pension outline.

King Soopers introducing fresh checkout technology in Boulder County, elsewhere

“Scan, bag, go” likely to release in choose native stores in MarchBoulder County King Soopers shoppers going to recently have fresh — and hopefully quicker and further convenient — methodto purchase groceries.

“byevery fresh output, service and technology integration, King Soopers (and) town Market is redefining the customer trial and re-imagining the store of the aftertime,” President Dennis Gibson told in a statement.

Becky Saltz, which was shopping Wednesday afternoon at Boulder’s 30th Street King Soopers. Tell the fresh techchnology “perhapstake some getting used to.”

There are 142 King Soopers locations in Colorado.

In Boulder County, there are 3 locations in Longmont, 2 in Boulder, 1 in Louisville, and 1 in Gunbarrel.



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Intel names fresh technology chief amid Meltdown-Spectre fallout

Intel has made a bevy of leadership changes, involving the appointment of a fresh chief tech officer on the heels of the this time infamous Spectre-Meltdown debacle.

The Santa Clara-based chip giant told Michael Mayberry named SVP and CTO efficient immediately.

Mayberry has been byIntel since 1984 and too serves as the managing director of Intel’s study division, Intel Labs.

The management changes come as Intel tries to manage the fallout from the Spectre and Meltdown safety flaws.

Intel tells chips take six percenthit from Spectre, Meltdown fixes (CNET)Patches which mend the safety flaws too make the processors run slower in some circumstances, according to Intel.