Retailers race to deliver faster with new home drop plans
Amazon moves to build its own delivery van fleet run by independent contractors as part of a broader shift to same day home delivery. Walmart expands groceries to 40 percent of U.S. households, tests store employee drop offs, and targets 100 metro areas. Target expands same day via Shipt, while startups like Deliv partner with Best Buy and Macy’s. UPS and FedEx face pressure as Amazon explores its own vans and air fleet amid a tight labor market and rising package demand.
MENTIONED IN THIS ARTICLE
New York
Amazon
Walmart
U.S
Shipt
Target
Deliv
Best Buy
Macy’s
UPS
FedEx
Ex Equifax developer charged with insider trading in breach case
Sudhakar Reddy Bontha, 44, used nonpublic breach information to buy options and profit over 75000 dollars after Equifax data breach became public. He pleaded not guilty and was released on a 20000 dollar signature bond as the case moves toward a possible guilty plea.
MENTIONED IN THIS ARTICLE
Atlanta
Equifax
Sudhakar Reddy Bontha
Bonthu
U.S
Alan Baverman
Bontha
Chelsea Thomas
Jun Ying
U.S. Information Solutions
Securities and Exchange Commission
Ying
SEC
Department of Justice
Judge orders release of detained Brazilian boy in Chicago
A federal judge in Chicago ordered the immediate release of 9-year-old Diego, who had been in a government shelter for four weeks after separation from his mother Lidia Karine Souza at the U S Mexico border. Souza, seeking asylum, was released from a Texas facility on June 9, and the hearing questioned the process to switch the boy from unaccompanied to accompanied status.
MENTIONED IN THIS ARTICLE
Chicago
U.s.-Mexico
Manish Shah
Lidia Karine Souza
Diego
Texas
Souza
Trump
U.S
United States
Craig Oswald
Shah
Department of Justice
Sarah Fabian
Fabian
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