warehouse

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. (NASDAQ: TSLA) has extended its $1.1 billion warehouse loan agreement. The loan meant to finance the innovative company’s growing inventory.Tesla wrote in the recent filing published:On August 16, 2018, certain subsidiaries of Tesla..

Spanish Amazon Workers to Go on Strike for 3 Days

Spanish Amazon Workers to Go on Strike for 3 Days

Nearly 1,000 Spanish speaking Amazon (NASDAQ: AMZN) workers have been called on to go on strike and walk out for three days next week, during Amazon’s Prime Day week, by Spanish labor unions to dispute efforts to reduce worker rights. The stri..

DSW Inc. Reported Better-than-Expected Earnings

DSW Inc. Reported Better-than-Expected Earnings

DSW Inc. (NYSE: DSW), which is a leading branded footwear and accessories retailer, announced its financial results for the first quarter of fiscal 2018, with both earnings and revenue beating expectations.According to the company, revenue for the f..

Snap’s Investment in Spectacles backfires

Snap’s Investment in Spectacles backfires

Snap Inc. (NYSE: SNAP) overestimated the amount of sales for the Spectacles. Now, the company is backed up with over hundreds of thousands of unsold Spectacles just sitting in a warehouse waiting to be bought, first reported by The Information...

Amazon to Open Mega Warehouse in Mexico

Amazon to Open Mega Warehouse in Mexico

Amazon.com, Inc. (NASDAQ: AMZN) is preparing to open a mega warehouse near Mexico City that will be 1 million square feet to help boost Mexico’s e commerce industry. The warehouse is to be built in the Tepotzotlan municipality about 25 miles n..

Amazon’s Box Packaging Robots

Amazon’s Box Packaging Robots

This week, teams of robotics researchers are traveling to Japan to help Amazon.com, Inc. (NASDAQ:AMZN) solve its warehouse problem. Already, the company has groups of robots that drive around gathering items for orders. Starting Thursday, the compan..