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The DHL Air Hub, the air freight center at Leipzig/Halle Airport in Germany on Aug. 30. The U.S. Transportation Security Administration said it has bolstered air cargo screening over the past several months. German and British authorities have said they were investigating suspected Russian sabotage in two incidents in July. In recent months, U.S., British, German and other European officials have accused Russia of organizing an increasingly aggressive sabotage campaign aimed at undermining and disrupting Western assistance to Ukraine. Russia has repeatedly rejected allegations from Western countries that it is orchestrating a sabotage campaign in Europe.
Persons: Heiko Rebsch, , , Thomas Haldenwang, Ken McCallum, ” McCallum Organizations: DHL, NBC News, Street Journal, DHL Air Hub, Halle Airport, U.S . Transportation Security Administration, U.S, White House National Security Council, CIA, Kyiv Locations: Russia, Germany, United Kingdom, North America, Leipzig, Birmingham, England, United States, America, Canada, Ukraine, Moscow, West, Europe
But residents in St. Lucie County faced an entirely different threat: fatal tornadoes that were “supercharged” compared to typical hurricane-spawned tornadoes, National Hurricane Center Director Michael Brennan told CNN Thursday. “Their whole homes with them inside were lifted up, moved, destroyed,” St. Lucie County Sheriff Keith Pearson said. The St. Lucie County Sheriff's Office was damaged in Fort Pierce as Hurricane Milton crossed into Florida. “There’s no way we could have predicted this type of activity because this is just not precedented,” Port St. Lucie Mayor Shannon Martin told CNN’s Jim Acosta on Thursday morning. Julene Martin-Morganelli, board of directors president at Sunnier Palms Park and Campgrounds, was in her house when a tornado hit the area, she told CNN Thursday.
Persons: Milton, Lucie County, Michael Brennan, Keith Pearson, Hurricane Milton, Eric Hasert, Hurricane Irma, , Lucie Mayor Shannon Martin, CNN’s Jim Acosta, I’ve, Lucie, Julene Martin, Martin, Morganelli, , , Laura Gabriel, Gabriel Organizations: Lucie County , Florida CNN, CNN, National Weather Service, National Hurricane Center, Spanish Lakes Country Club, South Florida Logistics, Sheriff's, USA, Prestige Storage Locations: Lucie County , Florida, Siesta Key, Florida, St . Petersburg, St, Lucie, South Florida, Spanish, Portofino Shores, Holiday Pines, Lakewood Park, South, ” St, Fort Pierce, Hurricane, ” Port St
The number of missiles isn't publicly known, but ATACMS missiles average about $1.3 million each. These air-dropped missiles can fly at low altitudes to avoid detection and have been used to strike Russian naval headquarters and vehicle-repair depots in the occupied Crimean peninsula. The arrival of Storm Shadow missiles — and, several months later, ATAMCS — presented new challenges for Moscow, but Ukraine has received so few it has had to bee choosy over what to target. Indeed, Kyiv has used the American missiles in recent weeks to strike Russian airfields and troop gatherings. Missiles like ATACMS and Storm Shadow "will enable Ukraine to neutralize Russia's advantages and eventually enable them to regain the initiative," he added.
Persons: , Ben Hodges, John Hamilton The, Jake Sullivan, Grant Shapps, Ben Stansall, Dan Rice, you've, Rice, ATAMCS —, Serhii, Hodges, Moscow's, Jack Watling, Watling Organizations: Service, US, Business, US Army, Army Tactical Missile System, White, MGM, Tactical Missile Systems, Biden administration's, Republicans, Congress, Kyiv, General Staff, Ukrainian Armed Forces, Storm, Shadow, Farnborough, American University Kyiv, Artillery Rocket Systems, Getty, Missiles, Russian Defense Ministry, Royal United Services Institute Locations: Ukraine, New Mexico, Washington, Kyiv, Ukrainian, Italy, France, Crimean, Russia, Russian, Moscow, Donetsk Oblast, Berlin, Avdiivka, Anadolu, Kharkiv
At least 31 civilians were injured and six killed in the attacks, according to the Ukrainian military and local officials. Three of the dead were railway workers killed by a strike in the Donetsk region. Russia also attacked a railway facility in the Cherkasy region but no casualties were reported. The latest attacks on the rail network came after Russia’s defense minister, Sergei Shoigu, promised to target Western weapons as they arrived in Ukraine. “We will increase the intensity of strikes on logistics centers and storage bases of Western weapons,” he said in a speech Tuesday at the ministry.
Persons: Sergei Shoigu, , Locations: Russia, Ukraine, Donetsk, Kharkiv, Cherkasy, Ukrainian
Philadelphia CNN —Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive explosion broke out in the early morning hours of June 21, 2019. “This oil refinery was talked about and passed down through generations,” Sanders said. Rachael WarrinerPES is no longer functioning as a refining company, but Sunoco, whose subsidiary Evergreen owned the former PES site, did not respond to requests for comment. The PES refinery complex was the largest source of particulate air pollution in Philadelphia. Hilco Redevelopment PartnersBut UPenn’s Neises said given the scale and history of the property, Hilco will need to take its time to redevelop the area of redevelopment.
Persons: Philadelphia CNN — Bilal Motley, I’m, ” Motley, , , Motley, trekked, Hilco, Ellen Neises, they’ll, Sonya Sanders, Sanders, ” Sanders, , Rachael Warriner, Rachel Ramirez, Phil Rinaldi, Matt Rourke, Mike Smith, ” Roberto Perez, Amelia Chasse Alcivar, UPenn’s Neises, Neises, she’s, you’re, Philly Thrive’s Sanders, there’s Organizations: Philadelphia CNN, Philadelphia Energy Solutions, US Chemical Safety, Hazard Investigation, Hilco, Partners, CNN, University of Pennsylvania’s Weitzman, of Design, longtime, Evergreen, PES, Environmental Protection Agency, Drexel University, University of Pennsylvania’s School of Medicine, Philadelphia International Airport, City of, City of Philadelphia Refinery Advisory, Hilco Redevelopment Partners, Industrial Realty, ., Philadelphia Energy Solutions Refining, United Steelworkers Union, Oil Bargaining, EPA, Locations: Philadelphia, East, Schuylkill, New York City, Chicago, longtime South Philadelphia, South Philadelphia, Grays Ferry, Breeze, City of Philadelphia, New York, Delaware, Pennsylvania, Bellwether District, , Bellwether
Read previewAnother robotics startup has raised a large amount of money, signaling a rebound in investor appetite in the space. Collaborative Robotics, an automation startup founded by former Amazon Robotics chief Brad Porter, just raised $100 million in a round led by General Catalyst. The latest round values Collaborative Robotics at more than $500 million, Porter told Business Insider. Founded in 2022, Collaborative Robotics has 35 employees and deployed its first product earlier this year. Mayo Clinic, which also invested in Collaborative Robotics, is one of the early customers, he added.
Persons: , Brad Porter, General Catalyst, Porter, hasn't, Pitchbook, There's Organizations: Service, Robotics, Amazon Robotics, General, Bison Ventures, Industry Ventures, Lux Capital, Sequoia Capital, Khosla Ventures, Business, Physical Intelligence, Mayo Clinic, Venture
With various North Slope oil production projects just ramping up, the years ahead look very promising for trucking in Alaska. Among the new North Slope activities is the ConocoPhillips Willow Project, which the Biden administration approved last year. A Doyon Drilling Inc. oil rig stands on the North Slope in Prudhoe Bay, Alaska, U.S., on Friday, Feb. 17, 2017. Daniel Acker | Bloomberg | Getty ImagesMeanwhile, the Pikka oil project by Australian company Santos is also taking shape on the North Slope, 50 miles west of Deadhorse. Most of the North Slope oil infrastructure (supplies, machinery, parts) is supplied by trucks that have to traverse the 414-mile Dalton Highway (Alaska Route 11).
Persons: Daniel Acker, Jeremy Miller, Carlile, Biden, Willow, Santos, Miller, Matt Jolly, Jolly, Joe Michel, Michel, Dalton, Jomo Stewart, axel, Stewart, Scott Kawasaki, Ashley Carrick, Kawaski, Kawasaki Organizations: Parker, Trans, Trans Alaska Pipeline System, Bloomberg, Getty, Transportation Systems, ConocoPhillips Willow Project, ConocoPhillips, Alaska Department of Natural Resources, Alaska West Express, Alaska Trucking Association, Caelus Energy, Fairbanks Economic Development Corp, Kinross, Food, Getty Images Bloomberg, Getty Images, Fairbanks, Kawasaki, Alaska Department of Transportation, Anchorage Daily News Locations: Prudhoe Bay , Alaska, U.S, Trans Alaska, United States, Alaska, Anchorage, Australian, Deadhorse, Prudhoe Bay, Dalton, Alaska West, North, Wawa, Harrison Bay , Alaska, Fairbanks, Fort Knox Alaska, Kinross, Tetlin , Alaska, Tetlin, Kinross Alaska, Getty Images Alaska
GRUENHEIDE, Germany (AP) — Tesla CEO Elon Musk visited the electric car maker's first European plant Wednesday as production resumed at the factory just outside Berlin about a week after a suspected arson attack cut its power supply. Musk was expected at a “team huddle” with employees at the plant in the Gruenheide municipality, employee council chief Michaela Schmitz told regional broadcaster RBB's Inforadio channel. Production at Tesla’s plant in Gruenheide came to a standstill on Tuesday last week. The power outage came as environmental activists have been protesting in a forest near the plant against plans to expand the facility. That has drawn opposition from environmentalists and some other local groups, who also worry about possible effects on the area’s water supply.
Persons: — Tesla, Elon Musk, Musk, Michaela Schmitz, Schmitz, Tesla Organizations: RBB's, ” Authorities, Volcano Locations: GRUENHEIDE, Germany, Berlin, Gruenheide, Brandenburg
BERLIN (AP) — Power has been restored to electric car manufacturer Tesla's factory near Berlin after a nearly one-week outage believed to have been caused by arson, a network operator said. It previously appeared that the factory, Tesla's first in Europe, might remain without power until the end of the week. Production at Tesla's plant in Gruenheide, just outside the German capital, came to a standstill last Tuesday. Tesla opened the factory in March 2022, launching a challenge to German automakers on their home turf. Photos You Should See View All 60 ImagesThe power outage came as environmental activists have been protesting in a forest near the plant against plans to expand the facility.
Persons: E.DIS, Tesla, Tesla's Organizations: BERLIN, , Authorities, Volcano Locations: Berlin, Europe, Gruenheide, Brandenburg
Opinion: What Iran wants — and fears
  + stars: | 2024-02-13 | by ( Opinion Hussein Ibish | ) edition.cnn.com   time to read: +7 min
Iran has backed Hezbollah’s efforts to avoid an all-out war with Israel despite consistent Israeli escalation and threats. Hezbollah doesn’t want a war with Israel and Iran agrees. The potential for such US or Israeli airstrikes is among the most significant reasons Iran wants to avoid a broader conflict. Tehran has already restrained its Iraqi proxies, is working to help Hezbollah climb down and avoid a devastating Israeli attack. And Iran is probably urging the Houthis to take great care not to kill Americans or otherwise go too far.
Persons: Hussein Ibish, Read, Hussein Ibish It’s, Biden, Israel, Kataib, Saleh Al, Wissam, Amos Hochstein, Ebrahim Raisi, Shannon Stapleton, It’s Organizations: Gulf States Institute, Israel, CNN, Washington, Radwan Force, Iranian Locations: Washington, Iranian, Iran, Iraq, Syria, Lebanon, Gaza, Yemen, United States, Saudi Arabia, Russia, China, Saudi, That’s, Israel, Jordan, Hezbollah’s, Beirut, Tehran, Yemeni, Suez, Strait, Hormuz, Bab, Mandab
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsBRUSSELS, Nov 23 (Reuters) - Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), three people familiar with the matter said on Thursday. The Commission, which is due to decide on the deal by Feb. 14, declined to comment. The deal announced in August would add iRobot's Roomba robot vacuum to U.S. online retail giant Amazon's portfolio of smart devices, includes the Alexa voice assistant, smart thermostats, security devices and wall-mounted smart displays. Reporting by Foo Yun Chee Editing by Mark Potter and David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Persons: Pascal, Foo Yun, Mark Potter, David Goodman Organizations: REUTERS, Rights, Big Tech, European Commission, Amazon, Thomson Locations: Lauwin, France, Rights BRUSSELS
German union Verdi calls for strikes at Amazon on Black Friday
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsNov 23 (Reuters) - German trade union Verdi has called on members to go on strike at five Amazon (AMZN.O) distribution centres across Germany on Black Friday, it said in a statement on Thursday. Strong demand thanks to bargains on Black Friday mean the day is usually one of the most profitable for online retailers like Amazon. "Amazon employees have decided to rename Black Friday 'Make Amazon Pay Day'", said Silke Zimmer, the member for retail on Verdi's governing board. "It's not for nothing that half of our colleagues have been with us for over five years," the Amazon spokesperson said.
Persons: Pascal, Verdi, Silke Zimmer, Matthias Inverardi, Louis van Boxel, Woolf, Emma, Victoria Farr, Miranda Murray, Daniel Wallis Organizations: REUTERS, Amazon, Bad, Thomson Locations: Lauwin, France, Germany, Koblenz, Leipzig, Rheinberg, Dortmund, U.S
Amazon's logistics workers in Spain plan Cyber Monday walk-outs
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +2 min
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. There are three working shifts a day at Amazon in Spain. Cyber Monday is the first working day after Thanksgiving, an important date for retailers as consumers return to work and start ordering Christmas gifts. Logistics workers at Amazon on both sides of the Atlantic have complained about working conditions and unionisation is starting to build pressure on the company. Amazon has grown fast Spain in the past couple of years in both logistics for its e-commerce business and data centres to support its cloud computer unit, Amazon Web Services.
Persons: Pascal, CCOO, Douglas Harper, Inti Landauro, Andrei Khalip, Susan Fenton Organizations: REUTERS, Rights, Amazon, Reuters, CCOO, Logistics, Amazon Web Services, Thomson Locations: Lauwin, France, Rights MADRID, Amazon's, Spain, U.S, United States, Britain
China’s Retail Spending Picks Up, as Housing Slump Deepens
  + stars: | 2023-11-15 | by ( Cao Li | ) www.wsj.com   time to read: 1 min
Workers at a logistics center in Hengyang, China, sorting packages for delivery after the Singles Day shopping festival. Photo: str/Agence France-Presse/Getty ImagesHONG KONG—China’s economy showed modest signs of improvement in October as consumer spending picked up, but the country’s prolonged property slump worsened. Retail sales rose 7.6% compared with the same period last year, when stringent Covid lockdowns kept a tight lid on spending activities, according to data released Wednesday by China’s National Bureau of Statistics. October’s sales accelerated from September’s 5.5% year-over-year growth and topped the 7% expected by economists.
Persons: lockdowns Organizations: Agence France, Getty, HONG, China’s National Bureau of Statistics, September’s Locations: Hengyang, China, HONG KONG
REUTERS/Pascal Rossignol Acquire Licensing RightsNov 13 (Reuters) - Amazon.com (AMZN.O) has cut around 180 jobs in its games division, at least the second round of cuts in under a week, as part of a broader restructuring, according to an email viewed on Monday by Reuters. It represents the second cut to the division this year. Amazon last week also began cutting jobs in its streaming music and podcast division, according to people familiar with the matter. The games division offers downloadable versions of many video games, on a monthly rotation, as well as some Twitch channels and other services. In April, Amazon cut about 100 jobs in the games unit.
Persons: Pascal Rossignol, Christoph Hartmann, Hartmann, We've, Greg Bensinger, Sayantani Ghosh Organizations: REUTERS, Reuters, Amazon Games, Amazon, Technology, Gaming, Thomson Locations: Lauwin, France, Seattle, United States
Amazon predicts bright holiday season, cloud stabilizing
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +3 min
Facing an array of challenges to its business, Amazon is trying to keep its mantle as the world's biggest cloud provider and online retailer. The U.S. Federal Trade Commission in September sued Amazon for allegedly inflating prices and wielding monopoly power, claims that Amazon has disputed. Microsoft, the second-largest cloud provider by revenue after Amazon, beat Wall Street estimates this week as its customers geared up for AI upgrades. Amazon Web Services brought in revenue of $23.1 billion, compared with analysts' expectations of $23.09 billion. For the current holiday quarter, the company forecast revenue in the range of $160 billion and $167 billion.
Persons: Gonzalo Fuentes, Long, Andy Jassy, LSEG, Akash Sriram, Anil D'Silva, Deepa Babington Organizations: REUTERS, Amazon.com Inc, Google, Microsoft, Amazon, U.S . Federal Trade Commission, Amazon Web Services, Wall, Web Services, Thomson Locations: Bretigny, Paris, France, Bengaluru
The cost to Israel's economy of its war with Hamas militants will be unlike anything it has experienced in decades. "This is not a hit for contractors or industrialists alone," said Raul Sarugo, president of the Israel Builders' Association. Israel was blindsided on Oct. 7 by Hamas gunmen from Gaza who rampaged through border towns in the deadliest attack on civilians in its history. The conflict has also halted the movement of thousands of Palestinian labourers from Gaza to Israel and curtailed the flow from the occupied West Bank. The Economy Ministry created a war room and put out a call for help.
Persons: Raul Sarugo, Israel, Netanel Shraga, Barak Klein, ThetaRay, Erel Margalit, Dror Bin, We've, Bin, Leo Leiderman, Amir Yaron, Yaron, Steven Scheer, Ari Rabinovich, Toby Chopra Organizations: Hamas, Israel Builders ' Association, West Bank, Columbia, HIGH, TECH, Factories, Israel Innovation Authority, Ministry, Bank Hapoalim, Israeli Finance Ministry, Reuters, of Israel, Thomson Locations: Israel, Gaza, Israel's, Iran, Lebanese
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsOct 18 (Reuters) - Amazon.com (AMZN.O) said on Wednesday it was using a robotic system at one of its Houston warehouses to improve inventory management and speed up deliveries, building on its years-long bet that automation will help boost sales and worker safety. The technology, called "Sequoia", brings together a series of systems including mobile robots and robotic arms. Amazon said Sequoia can help identify and store inventory 75% faster, while reducing the time to process orders at a warehouse by as much as 25%. The company said it would begin testing a bipedal robot called "Digit" from Agility Robotics, a startup backed by Amazon.
Persons: Pascal, Zaheer Kachwala, Shounak Dasgupta Organizations: REUTERS, Walmart, Agility Robotics, Amazon, Ford, Thomson Locations: Lauwin, France, Houston, Bengaluru
He works as a product team manager at HP in Israel and volunteers for the border patrol police. AdvertisementAdvertisementThis is an as-told-to essay based on a conversation with Elad Zmora, a 46-year-old product team manager at HP in Israel. After the siren, we started getting news of what happened at the Supernova trance music festival in the Negev desert. Friends and family started calling us and people were sharing news on WhatsApp. We started getting news last Saturday about Hamas penetrating villages of the Kibbutz and slaughtering people in the streets.
Persons: Elad Zmora, , I've, that's, who's Organizations: HP, Service, Hamas, Reuters, police, Israel Defence Forces, Management Locations: Israel, Reim, Gaza, It's
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsNEW YORK, NY, Sept 28 (Reuters) - Amazon faces an antitrust lawsuit by the U.S. Federal Trade Commission (FTC) and 17 state attorneys general for what they call monopolistic pricing to customers and fees to the e-retailers' third-party sellers. The FTC's lawsuit is expected face many hurdles, but will be a warning sign for other online marketplaces that have launched in the U.S. on how to interact with customers and third-party sellers. Here is a list of the retailers who have launched online marketplaces since the FTC began investigating Amazon in 2019. Reporting by Arriana McLymore in New York City; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Pascal, Arriana McLymore, David Gregorio Our Organizations: REUTERS, U.S . Federal Trade Commission, Amazon, Thomson Locations: Lauwin, France, NY, U.S, New York City
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. These are the specific allegations included in the FTC's 172-page complaint:ONLINE SUPERSTORE, SERVICES MONOPOLIES*The agency alleged that Amazon had a monopoly in an online superstore market. *The agency also said that Amazon had a monopoly in the online marketplace for services, where Amazon has more than 70% of the market. PUNISHES SELLERS FOR LOWER PRICES ELSEWHERE* The complaint alleged Amazon uses a sophisticated network of web crawlers that identify which of its sellers offer their products more cheaply on other platforms. MONITORING PRICES* Amazon used the Project Nessie pricing system as an unfair method of competition.
Persons: Pascal, Nessie, Diane Bartz, Jamie Freed Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Walmart, FTC, Amazon's, Thomson Locations: Lauwin, France, United States
In the California case, Judge Ethan Schulman in San Francisco Superior Court in March ruled against Amazon's bid to dismiss the lawsuit. CONSUMERS' PRICE INFLATION CLAIMSAmazon faces a pair of consumer lawsuits in Seattle federal court. The consumer plaintiffs, Chun wrote, "allege the type of conduct that antitrust law is intended to prevent." E-BOOKSIn Manhattan federal court, a prospective class action from consumers accuses Amazon of artificially inflating the price of retail trade e-books on the site. U.S. District Judge Gregory Woods has not yet ruled on objections from Amazon and the plaintiffs to Figueredo's report and recommendation.
Persons: Benoit Tessier, Rob Bonta, Ethan Schulman, Amazon's, Schulman, Richard Jones, Jones, John Chun, , Chun, Ricardo Martinez, Valerie Figueredo, Gregory Woods, Mike Scarcella, Chris Sanders, Matthew Lewis Organizations: REUTERS, U.S . Federal Trade Commission, Amazon.com, Big Tech, FTC, GENERAL, District of Columbia, Walmart, Costco, Amazon, San Francisco Superior Court, District, U.S, Thomson Locations: Bretigny, Paris, France, CALIFORNIA, WASHINGTON, GENERAL California, District, Washington ,, California, Columbia, San Francisco, Seattle, U.S, Maryland, Manhattan, Washington
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. The FTC said that it was asking the court to issue a permanent injunction ordering Amazon.com to stop its unlawful conduct. Other allegations include that Amazon gave preference to its own products on its platforms over competitors also on the platform. During the Trump administration which ended in 2021, the Justice Department and FTC opened probes into Google, Facebook, Apple and Amazon. The FTC sued Facebook during the Trump administration and Biden's FTC has pressed forward with the lawsuit.
Persons: Pascal, Lina Khan, Khan, Trump, Republican Donald Trump, Joe Biden, Diane Bartz, Chris Sanders, Matthew Lewis, Nick Zieminski Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Alphabet's, Google, Facebook, FTC, The Yale Law, Apple, Big Tech, Republicans, Justice Department, The, Republican, Democratic, Thomson Locations: Lauwin, France, Seattle
Pedestrians walk past a Pizza Hut restaurant and a KFC restaurant, both operated by Yum China, in Beijing, China, on Sept. 5, 2020. Bloomberg | Bloomberg | Getty ImagesBEIJING — Yum China is spending more on tech, an investment that's allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC in an interview Friday. Yum China operates KFC and Pizza Hut stores in China, among other brands. With technology, she said staff can be promoted to manage multiple stores and support the opening of new locations. This year alone, the company plans to spend about $700 million to $900 million.
Persons: Joey Wat, Wat Organizations: KFC, Yum, Bloomberg, Getty, CNBC, Yum China, U.S, Companies, Walmart Locations: Yum China, Beijing, China, BEIJING, Yum, Alibaba
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. Amazon will purchase the credits from the 1PointFive direct air capture (DAC) plant in Texas, which is being developed by oil company Occidental’s Oxy Low Carbon Ventures subsidiary and will use them to help meet its climate target of net zero carbon emissions by 2040. The company did not reveal any financial details of the deal, but developers of DAC technology have said removal credits currently cost in the mid-to-high-triple digits in dollars per metric ton. Microsoft last week signed a multi-year deal for the purchase of 315,000 metric tons with U.S. project developer Heirloom. Jamey Mulligan, head of carbon neutralization science and strategy at Amazon said an “all hands on deck approach” was needed to scale up the technology.
Persons: Pascal, Jamey Mulligan, , Mulligan, Susanna Twidale, Sharon Singleton Organizations: REUTERS, Carbon Ventures, DAC, Microsoft, U.S, Amazon, U.S . Department of Energy, Thomson Locations: Lauwin, France, Texas, Paris, Occidental
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