Bloomberg Walmart Inc and partner DroneUp LLC plan to expand their drone-delivery hubs to 34 locations in six states by year-end, taking a big step towards scaling up aerial dropoffs for US shoppers even though big regulatory hurdles remain. Deliveries will cost $3.99 and orders can weigh up to 10 pounds, Walmart said in a statement. The expanded network ...

  Bloomberg Deutsche Lufthansa AG confirmed that it made a joint bid with container giant MSC Mediterranean Shipping Company SA to buy Italia Trasporto Aereo, known as ITA, the successor to failed carrier Alitalia. That sets up a possible two-horse race for ITA, with Lufthansa and MSC likely to face off against a group backed by the German carrier’s European ...

  Bloomberg David Buttress, the former chief executive officer of UK food delivery firm Just Eat, is weighing plans to create his own venture capital fund after a making nearly a dozen investments on his own. Buttress joined venture capital firm 83North as a venture partner after stepping down from Just Eat in 2017, and has also made 10 so-called ...