Business

Amazon patents shipping label with built-in parachute for drone deliveries

Amazon patents shipping label with built-in parachute for drone deliveries

The effect on the package itself could be minimized via the inclusion of a shock absorber, and the drone itself would be equipped with sensors that enable it to verify that the package was properly delivered. This is a scenario that could very well be on the drone-populated horizon if a recent patent granted to Amazon is anything to go by. In all the previous ideas presented by Amazon , the drone would usually land and release the package on the ground.



As Abbott Laboratories (ABT) Stock Declined, Institutional Capital LLC Lowered Position

The stock, after opening at $45.20, closed at $45.66 by scoring 1.47%. 4,759 shares were sold by Judd Bryce, worth $86,376. Abbott Laboratories (NYSE:ABT)'s latest quote $45 $0.11 0.65% will find technical support in $44.44 a share and a breakdown below this region would be a significantly bearish signal for Abbott Laboratories traders.


US jobless claims rose to 248000 last week

US jobless claims rose to 248000 last week

The figure has fallen 10 percent in the past year. The smoothed-out four-week average increased to 238,000. There will be some doubts surrounding the data's accuracy given that data from 8 states including California and Texas data was estimated ahead of the Memorial Day holiday.



Comey 'Cleared for Takeoff' in Public Testimony Next Week

According to CNN , Comey is expected to appear before the Senate Intelligence Committee "as early as next week", although no official date has been scheduled. President Donald Trump's decision to fire FBI Director James Comey has set back efforts to hire well-qualified people for key Justice Department posts - let alone find a new FBI director.



UK Labour chief challenges Theresa May to debate as race tightens

Labour leader Jeremy Corbyn poses for a photo during a General Election campaign visit to the Rivermead Leisure Centre in Reading, England , Wednesday May 31, 2017. But buoyed by rising poll ratings - and the chance to make May look evasive - Corbyn changed his mind. Corbyn went on to add: "Listen, I've said from the very beginning that I think we should have a debate and that it should include [May]".



May, Corbyn Grilled By Paxman And Studio Audience

As Paxman looked unimpressed, some audience simply laughed at the prime minister's response. Mrs May also reaffirmed that she would walk away from the forthcoming Brexit negotiations without a deal rather than accept a "bad" deal. She also received criticism for planned Conservative cuts to social benefits, but said she was determined to take on hard issues and do the right thing for the country.