A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood area of ​​Los Angeles, California. Christopher Lee | Bloomberg | Getty Images Walgreens is testing a new delivery service on demand with FedEx and Alphabet's drone delivery service Wing, which begins next month, the company announced Thursday. The pilot program will deliver food and beverages, …

Amazon CEO Jeff Bezos announced that the e-commerce giant will purchase a fleet of 100,000 electric vans from EV startup Rivian as part of a comprehensive sustainability effort. Rivian confirmed the deal through a spokesman, telling The Drive that deliveries would start in 2021, with 10,000 on the road by 2022. Amazon said the full fleet of 100,000 would be …

HONG KONG – Chinese authorities have detained a FedEx Corp. pilot in the southern city of Guangzhou, lifting pressure on the express giant that is already in Beijing's crusades amid a US-China trade war. The pilot, a former US Air Force pilot named Todd A. Hohn, was jailed a week ago while awaiting a commercial flight to his home in …

Amazon CEO Jeff Bezos unveiled a sweeping plan Thursday to tackle climate change, and committed the retail giant to meeting the goals of the Paris climate agreement 10 years ahead of schedule. Load Error [19659004AllowedandmeasuredReportEmissionRuleImplementationDecarbonisationStrategiesandResearchStrategiesforExcaleWithoutcollapse20%to20%fromamazonupto20%fromamazonupto20%fromamazon] "We want to use our scale and scope to lead," said Bezos at the National Press Club in Washington, DC "One of the things we …

NEW YORK – Recent public service companies Uber and Lyft have fallen more than 25% since their original offering, but Light Street & # 39; s Glen Kacher still believes there is a path to profitability for them. "The end market is huge," said Kacher, chief investment officer and founder of Light Street Capital, at the Delivering Alpha conference presented …

Amazon will increase its efforts to reduce climate impact, CEO Jeff Bezos announced on Thursday. The company will order 100,000 electric delivery cars from Michigan's Rivian as part of that commitment, Bezos said. The trade giant will try to reach its goal of becoming carbon neutral by 2040 – 10 years earlier than outlined by the UN Paris Agreement . …

Airbnb announced on Thursday that it plans to go public in 2020. The startup did not specify a timeline beyond "in 2020." Airbnb has not clarified whether it has confidentially filed S-1 IPO papers. The start-up of home sharing rentals was last valued at $ 31 billion in September 2017, according to PitchBook. Airbnb has teased potential IPO plans as …

The small overlapping driver's side crash test. "The driver's overall survival room was maintained well," IIHS wrote after the small overlap of the driver's side crash test. "Although intrusion into the driver's seat was minimal, penetration of the door hinge column contributed to a moderate risk of injury to the left leg," IIHS wrote after the small overlapping driver's side …

This week, the average US fixed interest rate for a 30-year mortgage loan rose to 3.73%. There are seventeen basis points over last week's 3.56%, but almost one percentage point lower than 4.65% from the previous year, according to Freddie Mac Primary Mortgage Market Survey. According to GSE, this week's 30-year rise in real estate mortgages is the largest weekly …

CLOSE Autoplay Show Thumbnails Show Captions Last SlideNext Slide General Motors' public listing of UAW's contract offer promises 5,400 jobs and $ 7 billion in US investment during the US investment over the next four years, but details behind the public overview are more nuanced. People familiar with the offer, who were made to UAW just hours before the 2015 …