Is Amazon building a shipping empire? Laid-off Wells Fargo employees won’t get a severance, and more news.
Lorraine K. Lee
Corporate Keynote Speaker & Trainer | LinkedIn Learning, Stanford CSP Instructor | Ex-Founding Editor at LinkedIn, Prezi | Author of Unforgettable Presence: Get Seen, Gain Influence, and Catapult Your Career (Wiley 2025)
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Uber will team up with Mercedes’ parent company, Daimler, to run a fleet of self-driving cars. Unlike Uber’s partnership with Volvo where its self-driving technology was retrofitted to a fleet, these cars will be built and owned by Germany’s Daimler, and can be called through the Uber app.
Amazon is building an airport — or rather, a $1.49B air cargo hub in Kentucky, where it will sort packages and house its new fleet of airplanes. But analysts predict it’s just the beginning of Amazon’s logistics ambitions: "We estimate a $400 billion-plus market opportunity for Amazon in delivery, freight forwarding, and contract logistics," says Baird Equity Research analyst Colin Sebastian.
San Francisco has become the first city to sue President Trump over his order to deny federal funding for "sanctuary cities." San Francisco — which called the order unconstitutional — houses roughly 30,000 undocumented residents, and receives about $1.2 billion in federal funding, according to San Francisco’s city attorney, Dennis Herrera.
Following Wells Fargo’s fake accounts scandal, more than 400 laid-off employees won't get their severance due to restrictions imposed from its federal regulator. The rules are in part meant to limit golden parachute packages. Those whose jobs were cut were not involved in the scandal.
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-The average number of times Snapchat’s users open the app
Samsung plans to unveil a new tablet at Mobile World Congress, although it’s still keeping its flagship Galaxy S8 smartphone under wraps. It teased the upcoming device — likely the Galaxy Tab S3, which "just cleared the FCC" — in a press invite.
Elon Musk’s dream to dig a tunnel between SpaceX and an area near LAX is one step closer to becoming a reality. A source says Musk will soon buy a “large earth drilling machine.”
Cover Photo: A worker fills inventory among shelves lined with goods at an Amazon warehouse on November 17, 2015 in Brieselang, Germany. (Photo by Carsten Koall/Getty Images)
Regional Safety Manager
7 年Amazon will change the face of the Logistics/Supply Chain industry and in 5-10 yrs it will not resemble what we know it as today.
Store Manager at The TJX Companies, Inc.
7 年William Vega
Professor of Human Resources; Resume Writer-Slayer; Career Coach; Books' Author; Workshop Leader; Content Creator/Editor; I Am MY #1 Brand; Career Bad-ssery Expert
7 年Interesting