The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future.
July 28, 2015Latest News Updates From Bloomberg News
Amazon Envisions Distinct Drone Zones for Future Delivery Fleet
Durable Goods Increase 3.4% in June
Orders for business equipment rose in June for just the second time this year as U.S. factories start to regain their footing after a weak spell.
July 27, 2015Fiat Chrysler Recalls Some Ram Pickups to Defend Against Hacks
Fiat Chrysler Automobiles NV is recalling about 1.4 million cars and trucks, including some 2015 Ram pickups, equipped with radios that are vulnerable to hacking.
July 24, 2015VW, Metzler to Sell LeasePlan Fleet Management Business for $4 Billion
Volkswagen AG and banker Friedrich von Metzler agreed to sell fleet-management company LeasePlan Corp. for 3.7 billion euros ($4 billion) to a group of investors including TDR Capital LLP.
July 23, 2015Jobless Claims Fall to Lowest Level in Four Decades
The fewest Americans in four decades filed applications for unemployment benefits last week, continuing to unwind an early July surge that probably was tied to midyear factory shutdowns and school vacations.
July 23, 2015Sales of Existing ºÚÁϳԹÏÍøs Climb to Highest Level in 8 Years
Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
July 22, 2015Crude Falls Below $50 for First Time Since April on Glut Concerns
Crude slumped below $50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will climb, extending a global glut.
July 20, 2015Brent Crude Holds Losses as Iranian Supply Counters Drop in US Rigs
Brent crude held losses after a third weekly decline as investors weighed the prospect of increased Iranian supplies against a drop in U.S. drilling rigs.
July 20, 2015Deal to End Tariffs on Tech Products Advances
Trade negotiators tentatively agreed to eliminate tariffs on an array of technology products valued at $1 trillion worth of global commerce.
July 20, 2015Consumer Sentiment in US Backpedals Over Concerns About Economy
Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.
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