Amazon doesn't report its warehouse injury rates -- but we have an inside look
* Stories are summarized by an A.I.
* Companies mentioned: AMZN, UBER, Panasonic, Commonwealth Bank of Australia, and FCAU
Amazon doesn't report its warehouse injury rates -- but we have an inside look
AMZN (Amazon.com Inc.) | PBS
Black Friday, two days away, kicks off the peak of shopping season, and especially for Amazon. In fact, the retail giant announced that it will hire 200,000 people for the holiday shopping season, double the number of workers it hired a year ago. But many Amazon staffers say the demand for greater speed is the leading factor harming warehouse workers. Like many other companies, Amazon doesn't make its workplace injury rates public. But Search Will Evans of Reveal from the Center for Investigative Reporting was able to compile injury records from Amazon work sites across the country for the first time, and has some sobering findings.
Read More
When Will Drones Finally Deliver Your Food
UBER (Uber Technologies Inc) | Forbes
Uber said Wednesday it plans to speed up restaurant meal delivery by using drones for its Uber Eats service. For logistical reasons, the drones will not deliver directly to customers, but to a safe drop-off location where an Uber Eats driver will complete the order. Although many companies have discussed delivering food via drones, logistics and other problems continue to prevent their implementation. Drone Food DeliveryA 5G connected drone prepares to land while delivering food in Hangzhou, Zhejiang Province of China. The development of efficient, temperature-controlled drones may be the key to having them handle food delivery.
Read More
REFILE-Panasonic to sell its chipmaking business to Taiwan's Nuvoton Tech - Nikkei
PCRFY (Panasonic Corp) | Reuters
Japan’s Panasonic Corp (6752.T) will sell its loss-making semiconductor business to Taiwan’s Nuvoton Technology, a Nikkei Asian Review reported on Thursday. Panasonic did not immediately respond to a Reuters request for comment.
Read More
Commonwealth Bank's data-cleansing project: A customer problem
CMWAY (Commonwealth Bank of Australia) | ZDNet
The Commonwealth Bank of Australia (CBA) is embarking on an internal project that will see it identify instances where customers have more than one account. Read MoreDeputy CEO David Cohen described the project as helping customers identify where they have multiple accounts with the bank, opting to involve the customer, rather than automatically consolidating any duplicates. "It's not an automatic consolidation, because we think ultimately, it's up to the customer to choose. See also: How CommBank is training its machine learning Customer Engagement EngineBut the yellow bank isn't sure how exactly customers will be notified of this duplication. For the 2019 financial year, Commonwealth Bank reported AU$8.6 billion in statutory net profit after tax, slipping 8.1% from the AU$9.3 billion that was recorded a year prior.
Read More
What Does GM Want From Fiat Chrysler?
FCAU (Fiat Chrysler Automobiles N.V.) | Jalopnik Last week, GM sued Fiat Chrysler, arguing that corrupt union bargaining had forced GM to pay its workers more than FCA does, and put it at a competitive disadvantage. The timing of the suit was a surprise, but GM said it was running up against a statute of limitations. This case is about an Italian company, Fiat Chrysler Automobiles N.V. (“FCA NV”), which managed to win the support of the U.S. government in obtaining operational control, for no cash, over an iconic U.S. auto company, Chrysler GroupLLC. Even if GM can show that wrongdoing by Fiat Chrysler officials hurt its business, it will be difficult to prove that GM was the primary victim, he said. GM doth protest too much, in other words, as the Groupe PSA-FCA merger could make FCA stronger than ever and, of course, a bigger threat to GM than ever. http://bit.ly/2qRm6MD ">Read More
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* Companies mentioned: AMZN, UBER, Panasonic, Commonwealth Bank of Australia, and FCAU
Amazon doesn't report its warehouse injury rates -- but we have an inside look
AMZN (Amazon.com Inc.) | PBS
Black Friday, two days away, kicks off the peak of shopping season, and especially for Amazon. In fact, the retail giant announced that it will hire 200,000 people for the holiday shopping season, double the number of workers it hired a year ago. But many Amazon staffers say the demand for greater speed is the leading factor harming warehouse workers. Like many other companies, Amazon doesn't make its workplace injury rates public. But Search Will Evans of Reveal from the Center for Investigative Reporting was able to compile injury records from Amazon work sites across the country for the first time, and has some sobering findings.
Read More
When Will Drones Finally Deliver Your Food
UBER (Uber Technologies Inc) | Forbes
Uber said Wednesday it plans to speed up restaurant meal delivery by using drones for its Uber Eats service. For logistical reasons, the drones will not deliver directly to customers, but to a safe drop-off location where an Uber Eats driver will complete the order. Although many companies have discussed delivering food via drones, logistics and other problems continue to prevent their implementation. Drone Food DeliveryA 5G connected drone prepares to land while delivering food in Hangzhou, Zhejiang Province of China. The development of efficient, temperature-controlled drones may be the key to having them handle food delivery.
Read More
REFILE-Panasonic to sell its chipmaking business to Taiwan's Nuvoton Tech - Nikkei
PCRFY (Panasonic Corp) | Reuters
Japan’s Panasonic Corp (6752.T) will sell its loss-making semiconductor business to Taiwan’s Nuvoton Technology, a Nikkei Asian Review reported on Thursday. Panasonic did not immediately respond to a Reuters request for comment.
Read More
Commonwealth Bank's data-cleansing project: A customer problem
CMWAY (Commonwealth Bank of Australia) | ZDNet
The Commonwealth Bank of Australia (CBA) is embarking on an internal project that will see it identify instances where customers have more than one account. Read MoreDeputy CEO David Cohen described the project as helping customers identify where they have multiple accounts with the bank, opting to involve the customer, rather than automatically consolidating any duplicates. "It's not an automatic consolidation, because we think ultimately, it's up to the customer to choose. See also: How CommBank is training its machine learning Customer Engagement EngineBut the yellow bank isn't sure how exactly customers will be notified of this duplication. For the 2019 financial year, Commonwealth Bank reported AU$8.6 billion in statutory net profit after tax, slipping 8.1% from the AU$9.3 billion that was recorded a year prior.
Read More
What Does GM Want From Fiat Chrysler?
FCAU (Fiat Chrysler Automobiles N.V.) | Jalopnik Last week, GM sued Fiat Chrysler, arguing that corrupt union bargaining had forced GM to pay its workers more than FCA does, and put it at a competitive disadvantage. The timing of the suit was a surprise, but GM said it was running up against a statute of limitations. This case is about an Italian company, Fiat Chrysler Automobiles N.V. (“FCA NV”), which managed to win the support of the U.S. government in obtaining operational control, for no cash, over an iconic U.S. auto company, Chrysler GroupLLC. Even if GM can show that wrongdoing by Fiat Chrysler officials hurt its business, it will be difficult to prove that GM was the primary victim, he said. GM doth protest too much, in other words, as the Groupe PSA-FCA merger could make FCA stronger than ever and, of course, a bigger threat to GM than ever. http://bit.ly/2qRm6MD ">Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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