NEW YORK (AP) — Manufacturers are facing stunted growth amid the damaging trade war between the U.S. and China, and that has some on Wall Street worried that it will crimp the consumer-fueled economy. Factory output has been slowing all year, and suffered its first contraction in three years during August. For now consumers are still doing much of the lifting for the U.S. economy. But a trade-war-damaged manufacturing sector could eventually dash consumer confidence and spending.
'Middle of the herd' no more: Amazon tackles climate change
NEW YORK (AP) — Online shopping giant Amazon has revealed a carbon footprint that rivals that of a small country, and is vowing to reduce the damage to the planet by cutting its use of fossil fuels. The company ships more than a 10 billion items a year on fuel-guzzling planes and trucks, and says it has ordered 100,000 electric vans that will start delivering packages in 2021. It also plans to have 100% of its energy use come from solar panels and other renewable energy by 2030. That's up from 40% today.
Airbnb says it will go public in 2020
NEW YORK (AP) — Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the hotel business. Airbnb disclosed the news in a brief statement.
Walgreens, Google affiliate to launch drone delivery test
Walgreens and a Google affiliate are testing drone deliveries that can put drugstore products on customer doorsteps minutes after being ordered. The companies said Thursday that snacks like Goldfish crackers or gummy bears as well as aspirin for a sick child will be delivered starting next month in Christiansburg, Virginia, by a...
Advanced TV advertising techniques promise brands the ability to precision-target consumers by the household and to more smartly cap the number of times they do so. But how quickly are brands embracing..