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UPS C-suiters reveal how the company thinks about acquisitions — and hinted that there might be more to come as the package giant doubles down on drones and next-day delivery Drones

UPS C-suiters reveal how the company thinks about acquisitions — and hinted that there might be more to come as the package giant doubles down on drones and next-day delivery

UPS is scaling up its next-day delivery and drone delivery networks — and it's investing $20 billion on automating its facilities. In doing that, UPS is looking for new partnerships with companies that are leading the charge in those "mega-trends."Scott Price, UPS' chief strategy and transformation officer, said the package giant looks…
bubmag
January 23, 2020
News24.com | Russian stand-up comedian flees abroad as police probe jokes Anti-Putin Protests

News24.com | Russian stand-up comedian flees abroad as police probe jokes

A young Russian comedian has fled the country after learning of a police probe into jokes from one of his stand-up shows, his lawyer told AFP on Thursday.The comedian, 25-year-old Alexander Dolgopolov, will not return to Russia until "the situation becomes clearer", lawyer Leonid Solovyov said.On Thursday, Dolgopolov posted a…
bubmag
January 23, 2020
Business this week Boeing 737max

Business this week

Jan 25th 2020 The IMF trimmed its forecast for global growth in 2020, to 3.3%. The fund welcomed both the easing of the trade war between China and the United States and the diminishing probability of a no-deal Brexit, but said the prospects for economic gro… Read More
bubmag
January 23, 2020
Cannabis Watch: U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch Times Square

Cannabis Watch: U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch

U.S. marijuana retail chain MedMen Enterprises Inc. has been offering vendors shares in its company as payment for cannabis products amid a cash crunch in the industry. In an email reviewed by MarketWatch, MedMen MMEN, -6.52% MMNFF, -6.57%  offered a supplier the full value of the amount owed in MedMen…
bubmag
January 23, 2020