Recent Posts

Amazon plans to put 1,000 warehouses in neighbourhoods

Bloomberg Amazon.com Inc plans to open 1,000 small delivery hubs in cities and suburbs all over the US, according to people familiar with the plans. The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce ...

Read More »

Kohl’s cuts its corporate staff by 15%

Bloomberg Kohl’s Corp is slashing its corporate workforce by about 15% in a bid to rein in expenses as retail sales fail to recover to pre-pandemic levels. The chain said the cuts will save it about $65 million a year. It will record a pretax charge of about $23 million, mostly in the third quarter, related to the layoffs and ...

Read More »

Secret Tibetan military force ups stakes in India-China row

Bloomberg At a funeral last week in the mountains of northern India, one of Prime Minister Narendra Modi’s top aides paid respect to a Tibetan soldier killed on the front lines of deadly clashes with China. Surrounded by troops waving the flags of both India and Tibet, Ram Madhav laid a wreath before the coffin during a ceremony that gave ...

Read More »
Send this to a friend