Amazon to develop drone supply service after clearing FAA hurdle

An Amazon supply drone is on show at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Pictures Amazon mentioned Thursday it has obtained federal approval to fly its supply drones longer distances with out the necessity for floor spotters, clearing a key regulatory hurdle and opening the door…

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Salesforce inventory notches worst day since 2004

Marc Benioff, cofounder and CEO of Salesforce, attends a session on the Congress centre throughout the World Financial Discussion board in Davos, Switzerland, on January 17, 2023. Fabrice Coffrini | Afp | Getty Photos Shares of Salesforce closed down 20% Thursday, marking the inventory’s worst day in practically 20 years. Its worst buying and selling day on document…

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Kohl’s (KSS) earnings Q1 2024

Consumers stroll in entrance of a Kohl’s retailer in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted greater than 20% Thursday after the corporate posted a shock loss per share, coming in properly under Wall Road’s expectations for a slight revenue. That share slide made for the inventory’s largest single-day share decline ever. In an…

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Foot Locker (FL) earnings Q1 2024

Foot Locker’s turnaround is beginning to bear some fruit.  The sneaker large noticed comparable gross sales decline 1.8% throughout its fiscal first quarter, much better than the three.1% drop-off that analysts anticipated, in keeping with StreetAccount.  The corporate additionally reaffirmed its fiscal yr steerage, which initiatives gross sales to be between a 1% decline and a 1% achieve,…

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