VCR

Amazon Ends Drone Deliveries in Lockeford, Sets Eye on New Arizona Site for Expansion

Amazon.com has discontinued its Prime Air drone delivery operations in Lockeford, California. Lockeford was Amazon.com’s second U.S. Drone delivery location after College Station, Texas. The company began operations in the town in June 2022. Amazon assured that it will continue to serve customers through alternative delivery methods.

Should You Invest in the Vanguard Consumer Discretionary ETF (VCR)?

Tesla Layoffs Hit Marketing Team, Retracts Advertising Push

Tesla eliminated a marketing team as part of broader company layoffs. CEO Elon Musk approved a move towards traditional advertising less than a year ago. Tesla maintains a smaller marketing team in Europe. The U.S. "growth content" team of 40 employees was cut as a result of the layoffs.

Weekly Report: what happened at VCR last week (0415-0419)?

Shares of VCR Now Oversold

Wells Fargo sees growing concerns about consumers as key earnings takeaway

Amazon's Northern Virginia Dream Fades, Job Promises Pushed to 2038 Amid HQ2 Delays

Amazon.Com Inc (NASDAQ:AMZN) has encountered delays in expanding its workforce at its Northern Virginia headquarters. The company's workforce in Arlington experienced a reduction last year despite a commitment to add 25,000 new jobs by the end of the decade. The reduction in job creation could decrease the financial incentives Amazon receives from Virginia.

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.