Helen Ross McNabb rebrands center name
The Helen Ross McNabb Center, the 72-year-old behavioral health provider that serves more than 30,000 people at its facilities in Chattanooga and Knoxville, has changed its name to McNabb Center.
"Mrs. Helen Ross McNabb founded the organization in 1948 and it has since evolved to serve individuals from infancy through adulthood," said Jerry Vagnier, president and CEO of the McNabb Center. "Mrs. McNabb left a legacy of compassion that continues to inspire us to serve those with the most need in our community."
The McNabb Center is undertaking a brand refresh to become more identifiable within the communities it serves. Over the next year, the center will roll out its new logo, highlighting its focus on "Well Mind, Well Being."
In addition to the name change, the Center has refreshed its website to www.mcnabbcenter.org.
Walmart sells Asda supermarket chain
Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at 6.8 billion pounds ($8.8 billion).
Brothers Mohsin and Zuber Issa, along with investors TDR Capital will acquire a majority of Asda, while Walmart will retain a minority stake and a seat of the board, the parties said in a joint statement issued Friday. Details of the deal weren't released.
Walmart has owned Asda since 1999 but had been looking for a buyer recently to focus on higher-growth markets. Based in Bentonville, Arkansas, Walmart has given up on operations in several international markets over the past 15 years, including Germany and South Korea. In many of these countries, it has lacked the scale to press local suppliers on price as it does in the United States.
A year ago, British regulators rejected supermarket chain Sainsbury's bid to acquire Asda amid concerns the merged company would have too big a share of the country's market. Asda has seen its fortunes improve during the pandemic, with shoppers stocking up on extra groceries.
Honda withdraws from Formula One
Honda will withdraw from Formula One at the end of the 2021 season as it shifts to a goal of carbon neutrality, the Japanese car manufacturer said Friday.
Honda is the engine supplier for the Red Bull and AlphaTauri teams. It had resumed competition in F1 in 2015, originally with McLaren, but Honda-powered cars never managed to become regular title challengers in an era dominated by Mercedes.
Red Bull Racing said it was "disappointed" but noted the success of the partnership with Max Verstappen scoring Honda's first victory since 2006 at the 2019 Austrian Grand Prix, followed by three other wins and 13 podium finishes.
Team principal Christian Horner said they respect Honda's decision "to re-deploy their resources."
"Their decision presents obvious challenges for us as a team but we have been here before and with our strength in depth we are well prepared and equipped to respond effectively, as we have proven in the past," Horner said in a statement.
New xFi Pod boosts Internet connections
Comcast said Friday it is introducing a new xFi Pod to Xfinity Internet customers that is twice as fast as the first-generation xFI Pod.
The new Pods come either in a one-pack for $119 or in a two-pack for $199, plus shipping and handling, and offer speeds up to 500 Mbps.
"As families spend more time at home and the number of connected devices continues to rise, connectivity across the entire home is more important than ever," said Dana Strong, President, Xfinity Consumer Services. "In fact, since March 2020, we have seen the demand for Pods double as families and individuals are retrofitting their homes into offices, movie theaters, doctors offices, and more, by doing all of those activities online instead of outside of the home."
The new xFi Pod is equipped with a tri-band WiFi radio capable of delivering high speeds and extending WiFi coverage to more connected devices and, similar to the first-generation Pods, will continue to work with Xfinity's xFi Gateways to extend WiFi coverage. It also includes two ethernet ports, allowing customers to connect directly to the device if desired.