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FedEx to test package deliveries with self-driving startup Nuro
July 4, 2021June 28, 2021 lhaaforg

FedEx to test package deliveries with self-driving startup Nuro

Business

FedEx Corp (FDX.N) and robotics company Nuro on Tuesday announced a multi-year agreement to test self-driving vehicles in the package delivery company’s network, starting with

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U.S. opens $3 billion aviation manufacturing wage subsidy program
July 3, 2021June 28, 2021 lhaaforg

U.S. opens $3 billion aviation manufacturing wage subsidy program

Business

The U.S. Transportation Department said Tuesday it had launched a $3 billion aviation manufacturing payroll subsidy program that will cover up to half of eligible

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U.S. retail sales take step back as spending pivots to services, trend remains strong
July 2, 2021June 28, 2021 lhaaforg

U.S. retail sales take step back as spending pivots to services, trend remains strong

Business

U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage

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U.S. seeks $25.5 million fine from Air Canada over delayed refunds
July 1, 2021June 28, 2021 lhaaforg

U.S. seeks $25.5 million fine from Air Canada over delayed refunds

Business

The U.S. Transportation Department said on Tuesday it was seeking a $25.5 million fine from Air Canada (AC.TO) over the carrier’s failure to provide timely

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Oil up nearly 2% to multi-year highs on demand expectations
June 30, 2021June 28, 2021 lhaaforg

Oil up nearly 2% to multi-year highs on demand expectations

Business

Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second

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Platinum Equity to buy McGraw Hill from Apollo for $4.5 bln
June 29, 2021June 28, 2021 lhaaforg

Platinum Equity to buy McGraw Hill from Apollo for $4.5 bln

Business

Billionaire Tom Gores’ private equity firm Platinum Equity would acquire textbook publishing and educational technology company McGraw Hill for $4.5 billion from Apollo Global Management

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PwC planning to hire 100,000 over five years in major ESG push
June 28, 2021 lhaaforg

PwC planning to hire 100,000 over five years in major ESG push

Business

Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed at helping its clients grapple

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