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Amazon Vs. Walmart: Who Will Be The First To Conquer The Skies With Drone Delivery?
Wednesday, June 5, 2024 - 3:40pm | 594Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT) are the two largest American companies in online retail. The rivalry has now set its new sights on online drone delivery: Who will be the first to conquer the skies? Amazon Drone Delivery: When then-CEO of Amazon Jeff Bezos appeared on 60...
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Amazon Targets Climate Change With $2B VC Fund
Tuesday, June 23, 2020 - 3:36pm | 579Facing mounting criticism over the environmental impact of its massive e-commerce and data services operations, Amazon.com (NASDAQ: AMZN) on Tuesday announced a $2 billion investment fund focused on "sustainable and decarbonizing technologies." The newly formed Climate Pledge Fund will invest in...
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Amazon Air Picks San Bernardino Airport For Western Hub
Tuesday, May 12, 2020 - 11:28am | 605As expected, Amazon Inc's (NASDAQ: AMZN) newest air hub will be in San Bernardino, California, where feeder aircraft from various cities and trucks from nearby warehouses will arrive with packages to be sorted and redistributed nationwide on outbound airplanes. The San Bernardino International...
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Will Prime Air Deliver Big Gains For Amazon?
Friday, June 27, 2014 - 3:17pm | 742Earlier this week, the Federal Aviation Administration was thought to have quietly quashed Amazon's (NASDAQ: AMZN) initial plans for an unmanned delivery service. Amazon was not explicitly prohibited from proceeding with the project, but the FAA released a few specific rules that could have...