US gasoline prices fall below $4 for first time since March

US gasoline prices fall below  for first time since March

Gasoline demand has waned in the summer Lower-income households spending less as prices dip US retail price hit a record in June Aug 11 (Reuters) – The average price of US retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving some relief to drivers in the world’s largest … Read more

Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Amazon’s connected device cart grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire iRobot Corp (IRBT.O), maker of robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot at a premium … Read more