Author: Bloomberg
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UPS adds Saturday delivery as e-commerce fuels demand
United Parcel Service Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers. Homes and businesses will no longer have to wait until Monday to receive packages, while online and brick-and-mortar retailers can send goods on Saturday for Monday delivery.…
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Trump tax cut may save oil drillers $10 billion, boost drilling
The Trump administration’s plan to slash corporate tax rates could free up more than $10 billion a year for U.S. oil explorers, opening new opportunities to boost drilling at a time of uncertainty in the marketplace. Crude prices in New York have fallen 10 percent since the end of 2016 as added drilling in America’s…
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Earth’s orbiting junkyard threatens the space economy
You never see it in those lovely NASA pictures of Earth, but the space surrounding our pale blue dot is a cosmic junkyard. Debris abounds, moving at ludicrous speeds and presenting plenty of hassles for satellite operators who do business in orbit. This pollution poses an existential risk for greater commercialization of space, from the…