Amazon does half of its deliveries in-house, is set to overtake UPS by 2022

Amazon is rapidly expanding its shipping capabilities, with Morgan Stanley estimating that the company has more than doubled shipments in the U.S. in the last year alone (via CNBC). Its in-house shipping wing now accounts for nearly 50% of all Amazon deliveri…

Green Rabbit Takes A $31 Million Investment, Fresh And Fast

Exactly what is a Green Rabbit?Ask Gregory Balestrieri, CEO of the Braintree, Massachusetts-based company, and Joe Melville, chief growth officer, and the cousins will tell you its the solution to your time-sensitive problems shipping perishable items, and st…

Robinhood launches cash management feature a year after bungling its checking account launch

It also launched fractional share trading Robinhood today announced Cash Management, a new feature for its investing app that lets users park uninvested cash in a brokerage account where it can earn interest or be spent like cash using a special Robinhood-br…

A Jungle Airstrip Stirs Suspicions About China’s Plans for Cambodia

The deal was questionable from its inception. With no open bidding process, Union Development was handed a 99-year lease on a concession triple the size of what Cambodias land law allows. The company was exempted from any lease payments for a decade. On Dec.…

Teachers Pay High Fees for Retirement Funds. Unions Are Partly to Blame

The pitch from the president of the Indian River County teachers union couldnt have been clearer. Liz Cannon, who heads the Indian River chapter of the Florida Education Association, urged union members to buy retirement investments from Valic Financial A…