Amazon is starting to experience the headache of having an airline
Businessam Staff
May 24, 2017
Amazon may want fewer humans in its vast shipping network, but that’s tough to do when you have planes to fly. Pilots for Amazon’s new cargo air service are planning to picket outside the retail giant’s annual meeting in Seattle May 23, demanding higher pay. The pilots’ union says low wages are hurting the ability […]
Verizon CEO confirms company’s plan to launch a streaming TV service
Businessam StaffMay 24, 2017
Verizon CEO Lowell McAdam confirmed today that the company is planning to use the post-merger AOL-Yahoo subsidiary as a platform to “test out an over-the-top service,” according to a report from Variety. The news was rumored by a Bloomberg report that claimed that Verizon was preparing to launch a nationwide TV service as early as […]
Ford names James Hackett CEO as challenges mount
Businessam StaffMay 22, 2017
Ford Motor Co (F.N) on Monday named James Hackett, who heads its unit developing self-driving cars, as chief executive officer, responding to investors’ growing unease about the U.S. automaker’s stock price and prospects. Hackett, 62, a former CEO of furniture manufacturer Steelcase Inc, will take the helm in a broader shake-up aimed at speeding up […]