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FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

July 30, 2024

ADM’s Profit Shrinks on Crop Market Downturn

Archer-Daniels-Midland Co.’s quarterly profit shrank more than expected as the grain trading giant faces a downturn in crop markets.

July 30, 2024

Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

July 18, 2024

Amazon Prime Day Sales Rise 13% in First Six Hours of Event

Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.

July 16, 2024

Stop & Shop Closing 32 Grocery Stores in US Northeast

Stop & Shop said July 12 that it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year.

July 12, 2024

PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip

PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.

July 11, 2024

Costco Hikes Annual Membership Fee for First Time Since 2017

Costco Wholesale Corp. is boosting its basic membership fee for the first time since 2017, raising the charge to $65 a year from $60.

July 10, 2024

ADM Taps 3M CFO as Troubled Trader Seeks Return to Normalcy

Archer-Daniels-Midland Co. — working to put an accounting scandal behind it — has hired a 3M Co. executive to oversee its finances and help restore its credibility with shareholders.

July 10, 2024

Amazon Says Its Carbon Emissions Fell in 2023

Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.

July 10, 2024