Industrials

Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion

Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona.


Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike

Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase...

House Purchase Applications Continue To Dip As Mortgage Rates Remain High

Despite a slight dip in average interest rates for 30-year fixed-rate mortgages, weekly mortgage demand remains stagnant, with fewer applicants seeking loans for refinancing or home purchases...

UPS Lands Primary Air Cargo Deal with USPS as FedEx Ends 20-Year Partnership

UPS will manage the majority of air cargo transportation for USPS. The contract between the two entities is set for a minimum of five and a half years...


Latest News

Medical Marijuana Passes Pennsylvania Bill, Ohio Might Be Next
Medical marijuana will be legalized after Gov. Wolf signs the bill on Sunday after the 149-46 vote in favor of marijuana legalization. However, it will take about two years before sufferers of acute
Greybull Capital Acquires Tata Steel, Revives British Steel, Saves Jobs
The acquisition of Greybull Capital of Tata Steel's UK long product business will save thousands of jobs and was accepted by the steelworkers after two years of uncertainty.
African Farmers Now Supported With Mobile Drought Insurance
Due to extreme dry weather conditions, African farmers are seriously affected by their crops failure with little or no more money to replenish their lands or support their families. With the mobile dr
Nigeria's Ntel Seeks $1 Billion Investment for 4G LTE Service Expansion
Ntel is seeking $1 billion loan investment for its 4G mobile broadband expansion for 2020 to take advantage of the increasing number of smartphone users in Africa. It will start its 4G LTE service to
Leonardo DiCaprio May Not Return to Indonesia Over Negative Palm Oil Plantation Remarks
Leonardo DiCaprio visited Gunung Leuser National Park in Aceh using a tourist visa on Sunday. He posted remarks in his Instagram account about the deforestation of large hectares of land intended for
Meketa Investment Group enhances staff ownership team
Meketa Investment Group has increased its employee ownership team. It has included seven new shareholders into employee ownership team. Meketa is optimistic on adding new expertise and talent that sup
Tata Steel to Sell Its British Operation
Tata Steel put its British business up for sale on Tuesday as the company faces continuous loss in its British operation. Thousands of jobs is at risk.
Ineos Plans to Relocate HQ to England this 2016
After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.
El Niño Hurts Malaysia's Palm Oil Output
Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.
Iron Ore Climbs as China Property Market Recover
Price of iron ore rallies as China's property market showed further sign of recovery. Surge in the price of iron ore also correlated with increase in steel futures.
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