Retail

UPS Tests Drones for Delivery of Packages

UPS Tests Drones for Delivery of Packages

UPS has tested delivery of packages with drones and the company still needs improvement in its technology for delivery with drones.

Wal-Mart Ends $49 Per Year ShippingPass Program

Wal-Mart Ends $49 Per Year ShippingPass Program

Wal-Mart has closed the ShippingPass program for which the retailer was charging $49 per year.

Amazon reports lower-than-expected earnings for 2015 Q4

Amazon reports lower-than-expected earnings for 2015 Q4

On Thursday, bigwig online retailer Amazon. com reported its financial results for the 2015 fourth quarter, disappointing Wall Street analysts by posting lower-than-expected quarterly earnings.

Siemens to cut 4,500 more jobs

Siemens to cut 4,500 more jobs

Siemens's power & gas division will slash 4,500 more jobs in wake of a massive change in its energy business, the German conglomerate confirmed in a recently released statement.

Whole Foods to launch new line of stores next year

Whole Foods to launch new line of stores next year

Whole Foods Market Inc. has announced its decision to launch a new line of stores that will offer their own brand and products at value prices.

Family Dollar eyeing for Seats at Family Dollar

Family Dollar eyeing for Seats at Family Dollar

On Friday, Hedge fund Elliott Management Corp. stated that it is seeking seats on Family Dollar's board in an attempt to be reconsidered for a rebuffed buyout bid.

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