Business

N.Y. Authorities Seek $872 Million Fine Against UPS for Cigarette Shipments

New York city and state authorities urged a federal judge on Nov. 2 to impose a fine of $872 million against UPS Inc. for allegedly delivering untaxed cigarettes from smoke shops on Indian reservations.

Nathan Layne | Reuters
November 2, 2016
Business

Online Shopping Boosts Holiday Sales, Retail Group Says

U.S. holiday shopping is on track for a modest 3.7% rise this year after strong turnout during the Thanksgiving and Black Friday weekend and thanks to strong online sales, the National Retail Federation said Nov. 29 after releasing an annual consumer poll.

Nathan Layne | Reuters
November 30, 2015
Business, Technology

Wal-Mart Seeks to Test Drones for Home Delivery

Wal-Mart Stores Inc. applied to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with Amazon in using drones to fill and deliver online orders.

Nathan Layne | Reuters
October 27, 2015