USA

Amazon Buys Warehouse Robotics Startup Canvas Technology

Amazon.com Inc has announced the acquisition of Canvas Technology, a robotics startup in Boulder, Colorado, that has built autonomous carts that can move g...

Amazon To Invest In Renewable Energy Projects In Europe, USA

Amazon has announced plans to invest in three new renewable energy projects in Ireland, Sweden, and the United States. The move is aimed at achieving it...

U.S. Retail Sales Unexpectedly Fall As Economy Slows

U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and i...

U.S. Consumer Spending Soft, Inflation Benign As Economy Slows

U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowe...

Conagra Brands Third Quarter Profit Ahead Of Expectations

Conagra Brands Inc has reported a better-than-expected profit for the third quarter, as it raised prices to offset transportation and commodity costs. E...

U.S. Whiskey Exports Dry Up As Tariffs Bite

American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country's trading partners following President Donald...

US ‘Selfishness’ On Trade Not Sustainable, World Needs Better: EU

European Commission Vice President Jyrki Katainen said on Tuesday that Washington's "selfish" approach to trade was not sustainable, but it was t...

Higher Store Investments To Hit Dollar General Profits In 2019

Dollar General Corp plans to plough back part of its 2019 profit to revamp its supply chain and add self-checkout lanes at its stores as it competes with o...