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Amazon to Expand Grocery Delivery
Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.
Rivian to End Exclusivity With Amazon
Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.
November 8, 2023ADM Strikes Supply Deal for US Plant-Based Chemical Factory
Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.
Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion
Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.
Sysco Breaks Ground on Distribution Facility in Arizona
Arizona state and local officials gathered for a groundbreaking ceremony at the site of Sysco Corp.’s future $102 million distribution center in Mesa.
Amazon to Test Prescription Delivery by Drone
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
Sysco to Buy Food Service Distributor Edward Don & Co.
Sysco Corp. is to buy Chicago-based food service equipment and supplies distributor Edward Don & Co. for an undisclosed sum, the S&P 500 member said.
Rite Aid Files for Bankruptcy
PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
October 16, 2023California Eyes Lawsuit to Block Kroger-Albertsons Deal
California is preparing a lawsuit to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.
Mercedes Challenges Tesla's Battery-Powered Semi
Mercedes-Benz Trucks revealed a heavy-duty #electric #truck to take on Tesla’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.
October 12, 2023