(Reuters) - Wal-Mart Stores Inc said on Tuesday (Oct 3), it has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to better compete with e-commerce giant Amazon.com Inc. Parcel, a 24/7 operation that delivers packages the same-day, overnight and in scheduled two-hour windows, was bought for
Author: Jack Smith
First passenger jet configured for cargo unveiled in Alaska
ANCHORAGE, Alaska (AP) — The first-ever passenger jet converted for cargo use was unveiled Monday in Alaska, and the arrival spells the end for a unique plane configured for the nation’s largest state. Alaska Airlines spent $15 million to convert three 737-700s to carry diverse cargo — everything from animals to
Toyota closes its plant in Australia
Toyota To Cut 100 Jobs From Melbourne Plant: News ...closure latest in Australian Carmageddon SYDNEY (AP) — After looming for four years, “Carmageddon” has hit the Australian auto industry. Toyota closed its factory in Melbourne on Tuesday, ending 54 years of production by the Japanese firm in Australia, the first country outside of Japan
Electric taxis on the way in Uk as Black cabs go green
Critical Shortage Of Pilots Forces US Air Force To Increase Pay
USAF Female F-15 Fighter Pilot Maj, Ashley Rolfe On Sunday, Air Force pilots are set to receive their first incentive pay increase since 1999. The initiative, designed to attract and retain pilots at a time when numbers are dwindling, allocates higher “flight pay” to aviators across the board and reduces the steps
Battle for Control of Uber Gets Machiavellian
Former Uber CEO Names Two Directors Without Consulting Board Kalanick asserts right to pick directors as questions swirl Company calls the appointments ‘a complete surprise’ Travis Kalanick. Photographer: Qilai Shen/Bloomberg Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick named two new directors without consulting the company’s new leader or other existing board members, ratcheting
Bombardier Dives on Blow to $6 Billion Bet-the-Company Jetliner
U.S. slaps Bombardier C Series with 220% tariffs after Boeing complaint Canadian company’s trains sidelined by Siemens-Alstom deal (Bloomberg) - Bombardier Inc. plunged the most in almost two years after the U.S. levied import duties on the Canadian company’s priciest jet, rattling some of Washington’s closest allies and aggravating a trade
All cars banned in Paris city for a whole day
Qatar Airways acquires 49 percent stake in Italy’s Meridianaa
Qatar Airways Wants a Piece of Italian Air Carrier Meridiana DUBAI, United Arab Emirates (AP) — Qatar Airways says it has completed the acquisition of a 49 percent stake in Italy’s AQA Holding, the new parent company of Italy’s second largest carrier Meridiana. Qatar Airways, one of the Middle East’s biggest carriers,
Dyson, famed for vacuum cleaners, aims to build electric car
LONDON—Dyson Ltd., the British technology company known for its high-end vacuum cleaners and ubiquitous hand dryers, said Tuesday that it was developing an electric car to hit roads by 2020 or 2021. The company’s founder, James Dyson, revealed few details about the vehicle, which will rival those of electric-car Tesla Inc.