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United Parcel Service received federal approval to operate a fleet of drones, giving it broad privileges to expand unmanned package delivery, the shipping giant said Tuesday.
Commercial drone delivery officially launched today with the FAA approval of UPS. TechCrunch reports UPS Gets FAA Approval to Operate an Entire Drone Delivery Airline UPS announced today that it is the first to receive the official nod from
The first company with a lander will win the 2024 mission, NASA says.
SINGAPORE (Reuters) - German startup Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride.
Following reports earlier this month that a bankruptcy for the fast-fashion pioneer was imminent, Forever 21 filed for Chapter 11 protection in Delaware Sunday night, becoming the latest brick-and-mortar retailer to succumb to the Amazon-driven 'reta
Nothing is more tacky than an ex-CEO hanging around his former firm and kibitzing what they are doing. On the other hand, given that I was CEO for part of Q3 and there are many people asking fair questions of me, I think I should answer them.
The massive wave of store closures and layoffs in the retail sector has gotten so bad this year, it's been dubbed the "retail apocalypse."
The pizza chain is asking the Supreme Court to review a case that could push business websites to better serve people with disabilities.
In our mid-quarter update, we highlighted the plunge in the University of Michigan's consumer confidence indicator, suggesting that "good feelings" among consumers were starting to fade.
Forest Park, GA -- Children at Little Ones Learning Center are not only excelling at spelling and math but they are doing something amazing and growing their own organic food. What started out as a lesson in gardening has morphed into an amazing ent
On Thursday morning Beyond Meat punished short-sellers, again, this time with a press release, stating that it has signed an exclusive agreement with McDonald's to test new plant-based burgers in Canada. McDonald's will be conducting a 12-week tes
Practically all the major ports along Russia's northern coast are experiencing a significant increase in goods volumes. In Sabetta, the new port in the Yamal Peninsula, the year-on-year growth for the first 8 months of the year is as big as 100 per
Let's start a new week with a quick look at the Tesla Gigafactory 3 in Shanghai.
Update (1305ET): As @PlainSite reports, the unsealed version of the Plaintiffs' Motion for Summary Judgment has been posted in the SolarCity case in Delaware. Ernst & Young determined "THE COMPANY COULD NOT OPERATE AS A GOING CONCERN." See Document 3
Don't just book it.. Thomas Cook it.. Perhaps not.." It's the Autumn equinox… Winter is coming…
Becoming the latest European travel company to fail and leave its customers stranded (who can forget about the collapse of Iceland's Wow Air back in March?),
Overstock.com CEO, Patrick Byrne, resigned amid some 'deep-state' controversy. He exclusively tells FOX Business' 'Bulls & Bears' why he did that.
In a bold and calculated move Patrick Byrne, former CEO of Overstock.com is going to war with the deep state! His mission is to save his assets and those of his peers before insiders within the deep state pull the plug on him. Byrne sold all of his s
Dear Erstwhile Teammates, As you will learn from an SEC filing today, over this past week all my shares in OSTK were sold. Before I left for Australia I put it all in the hands of Mr. Pettway (whom some of you know), for it had alre
I live in exactly the right location to see the outcome of a grand experiment. The pilot Walmart Supercenter is located in Dallas, Georgia. So am I.
Credit card interest rates in the UK have hit the highest level in 13 years, according to the Financial Times.
Fulfillment by Amazon has been huge for the e-commerce giant. Can Walmart replicate its success?
Volkswagen seems to suggest the Crozz will be as cheap as a Tiguan.
The effort would effectively put the White House on the side of the United Auto Workers.
Uber will now be keeping tabs on all US rides. The ride-hailing company on Tuesday announced a new feature it's rolling out across the country that aims to detect when something goes awry during a trip.
As the economy cycles down through fall, there is new, alarming data by professional services firm BDO USA LLP, first reported by The Wall Street Journal, that indicates retail bankruptcies continue to rise as store closures have already outpaced all
Chinese telecom giant Huawei has purchased the intellectual property rights to facial recognition systems designed by a Russian developer and manufacturer of high-tech security technology.
Japanese billionaire Yusaku Maezawa plans to sell a 30% stake in his online fashion-retail company, Zozo, and he will get $2.3 billion.
Localization of battery pack assembly progresses as BMW adds a new facility for high-voltage battery assembly.
Disney CEO Bob Iger has resigned from Apple's board of directors, Apple says in an SEC filing on Friday.
