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Amazon Tests Speedy Delivery Service Featuring Kia Souls
Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.
Pipeline Firms in Talks With Data Centers About Gas Supply
Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.
Fertilizer Giant Nutrien Names New CFO Amid Industry Swoon
Nutrien Ltd. named a new chief financial officer amid an industry downturn that has eroded the fertilizer giant’s profits.
Amazon Reports Boost in Quarterly Profit to $13.5 Billion
Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.
Tyson, JBS Set for Earnings Spike From Poultry Rebound
Companies including Tyson Foods and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their U.S. beef operations.
FAA Clears Drone Companies to Operate in Shared Airspace
The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.
Amazon Deemed Responsible for Hazardous Third-Party Items
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.
ADM’s Profit Shrinks on Crop Market Downturn
Archer-Daniels-Midland Co.’s quarterly profit shrank more than expected as the grain trading giant faces a downturn in crop markets.
Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion
U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.
Amazon Prime Day Sales Rise 13% in First Six Hours of Event
Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.