TCA

Danish shipping and oil group AP Moller-Maersk reported a third-quarter net loss of $1.5 billion, the firm said Nov. 7, citing write-downs in its drilling division and costs from a cyberattack.

FedEx is in more than 92% of U.S. Walgreens stores, 10 months after the companies announced a push to expand consumer access to package pickup and drop off services.

In just over two years, Uber says it will let commuters soar over Los Angeles’ snarled traffic in flying taxis.

Former Pilot Flying J President Mark Hazelwood may be the highest-ranking member of the truck stop giant charged in a $92 million fraud scheme, but his defense attorney made clear Nov. 7 just who was in charge.

On Nov. 8, Las Vegas residents and visitors will get a chance to hop on the country’s first autonomous shuttle to operate on public roads, thanks to a partnership with AAA.

Putting self-driving cars on the road sooner rather than later could save hundreds of thousands of lives, according to a report released Nov. 6 by Rand Corp., a Santa Monica policy research nonprofit.

Mark Hazelwood wasn’t hurting for money. Neither was Pilot Flying J, his employer and the nation’s largest diesel fuel retailer.

Qualcomm confirmed Nov. 6 that it received a buyout offer from Broadcom of $70 a share in cash and stock.

CVS Health plans to begin offering next-day delivery of prescriptions and retail merchandise from its nationwide network of more than 9,700 stores, marking a potentially preemptive strike at Amazon as the online giant weighs entry into the pharmacy business.

Eighteen former employees have been charged in the federal investigation of Pilot Flying J, the family business of Jimmy Haslam. Fourteen have pleaded guilty but have not been sentenced.