Autonomous drone startup Zipline hits 1 million deliveries

A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it’s eyeing restaurant partnerships in its next phase of growth. The San Francisco-based startup designs, builds and operates autonomous delivery drones, working with clients

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Fed uncertain interest rate path creates bind for Bank of Canada

Breadcrumb Trail Links News Economy Economists are split on how much the two country’s policy rates can diverge Author of the article: Bloomberg News Erik Hertzberg Published Apr 19, 2024  •  Last updated 3 hours ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Jerome Powell, chair of the U.S. Federal Reserve, left, and Tiff Macklem, governor of

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Lululemon to shutter Washington warehouse, lay off 128 employees

A Lululemon sign is seen at a shopping mall in San Diego, California, U.S., November, 23, 2022.  Mike Blake | Reuters Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed on Friday. The athletic apparel retailer filed a WARN notice with the state’s Employment Security Department on Thursday, notifying it of

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Something strange has been happening with jobless claims numbers lately

Xinhua News Agency | Xinhua News Agency | Getty Images Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department. That’s because most of the past several weeks have shown that first-time claims for unemployment benefits haven’t fluctuated at all — as in zero. For five of the past six weeks, the level of initial

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FAA will require more rest time for air traffic controllers

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The head of the Federal Aviation Administration on Friday said the agency will increase the required amount of rest time for air traffic controllers in response to concerns over fatigue amid a staffing shortage. The changes, which

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Procter & Gamble (PG) Q3 2024 earnings

In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California.  Justin Sullivan | Getty Images Procter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by

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