Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 

Keywords

E-Commerce

2025-06-06 22:30:00| Fast Company

President Donald Trump signed a cluster of aviation-focused executive orders on Friday, clearing a path for commercial flights that travel faster than the speed of sound. The White House seeks to establish the U.S. as the undisputed leader in high-speed aviation, according to a summary of the order, and specifically seeks to repeal the ban on overland supersonic flight, which has been in place since 1973.  The order also instructs the Federal Aviation Administration to repeal other regulatory barriers blocking supersonic flight and to create a noise certification standard that accounts for community acceptability, economic reasonableness, and technological feasibility. Noise concerns over supersonic booms have plagued the promise of supersonic travel since the technologys early days. After the advent of supersonic flight, Americans filed tens of thousands of complaints citing disruptions from the noise and property damage, eventually leading to the ban.  NASA, which has pushed for a repeal of the ban, set out to engineer a low-boom supersonic jet that flies quietly to resolve noise nuisance concerns. After years of development, the X-59 has cleared key tests and is on the way to its first test flight. On the private side, aerospace company Boom recently conducted a test flight of its own quieter supersonic aircraft. For more than 50 years, outdated and overly restrictive regulations have grounded the promise of supersonic flight, stifling American ingenuity and weakening our global competitiveness in aviation, the White House wrote in a summary of the order, which follows proposed legislation introduced in Congress last month that would allow supersonic civil aircraft to fly as long as no sonic boom reaches the ground in the United States. Adjacent executive orders also signed on Friday seek to boost domestic commercial drone development and bolster U.S. defenses against the threat posed by unauthorized drones, citing safety concerns over critical infrastructure and large-scale events like the 2028 Summer Olympics in Los Angeles.

Category: E-Commerce
 

2025-06-06 20:45:00| Fast Company

Used car prices ticked down slightly last month in spite of uncertainty around tariffs, but buying a new old whip still costs more than it used to.  In April, the average cost for a used vehicle shot up as consumers raced to lock in purchases ahead of potential price hikes driven by Trumps ongoing trade wars. The Manheim Used Vehicle Value Index from Cox Automotive, which tracks used car sales in the U.S., showed a 1.4% drop in prices last month, but prices are still up 4% compared to the same time last year. In April, used car prices saw their biggest spike since October 2023. While the market continues to digest the impact of tariffs, we could see a bit higher levels of wholesale depreciation over the summer, Cox Automotive Senior Director of Economic and Industry Insights Jeremy Robb said in the report, while noting that low inventory could act as a counterbalance, driving prices back up. Compared to a year ago, luxury cars saw the biggest price increase at 6.5%, with SUVs close behind with a 5.2% year-over-year increase. Electric vehicle prices were up 3.1% compared to the same time last May.  Used car prices in the U.S. have been a telling indicator of market forces in recent years. In the pandemics early days, supply chain issues constricted the availability of new cars, driving more buyers to the used market. That demand sent used car prices up, and they mostly stayed that way.  In March, President Trump announced a 25% tariff on imported cars and car parts, sowing fresh inflation concerns and sending supply chains into chaos again. Trump later eased tariffs for vehicles assembled in the U.S. using foreign parts a reprieve intended to give U.S. automakers a break while they scramble to determine the feasibility of building domestic supply chains to replace parts sourcing abroad.

Category: E-Commerce
 

2025-06-06 20:00:00| Fast Company

A Japanese company trying to land a spacecraft on the moon Friday said that the unmanned lander is believed to have crashed into the lunar surface. The Tokyo-based private space exploration company ispace reported that its Resilience lunar lander successfully initiated its descent onto the moon, but lost communication shortly afterward. Resilience made its descent from 100 kilometers above the moons surface to 20 kilometers normally, and its main engine fired to initiate the deceleration process before ispaces connection to the spacecrafts telemetry went dark. Five hours after initiating the landing sequence and attempting to remotely reboot the craft, mission control determined that regaining the connection wasnt possible and declared an end to the mission, known as Mission 2 SMBC x HAKUTO-R Venture Moon.  According to the companys early findings, the laser range-finder that Resilience used to calculate the distance to the surface of the moon was operating on a delay, an error that likely prevented the lander from slowing down for a successful landing. Given those findings, ispace concluded that its signature spacecraft likely performed a hard landing on the lunar surface. A crash landing upends the mission Given that there is currently no prospect of a successful lunar landing, our top priority is to swiftly analyze the telemetry data we have obtained thus far and work diligently to identify the cause, ispace CEO Takeshi Hakamada said, adding that the company would issue a detailed report on its findings. The failed lunar mission follows ispaces first attempt in 2023, which also ended with a bang. That craft, the Hakuto-R lunar lander, free-fell out of the sky for 5 kilometers before smashing into the lunar surface after onboard sensors miscalculated its altitude.  The lunar south pole in the spotlight With interest in Mars on the upswing, humanitys drive to get back to the moon seemed to have waned in recent decades before a recent flurry of new lunar excitement. In 2023, India became the fourth nation to successfully land on the moon, joining the U.S., the former Soviet Union, and China. The following year, Japan joined their ranks when the countrys JAXA space agency nailed a historic pinpoint landing on the moon, but pulled the feat off accidentally upside down. For national space agencies, the spirit of scientific exploration isnt the only thing putting the moon back in focus. The moons icy south pole is believed to house water frozen in shadowed craters, a resource that would prove invaluable for future human activity on the moon, or even as a hydration way-stop for space exploration beyond it.  That context is useful for understanding why manned moon missions are back on the docket for NASA, which wants to establish the first long-term presence on the lunar surface and plans to put humans back on the moon in 2028, optimistically. China has its own plans to send astronauts to the moon by 2030, the first stepping stone toward its goal of establishing a lunar research station. Private partnerships power the new space race Lunar interest isnt just waxing among national space agencies. Private spaceflight companies around the globe have scrambled to get into the mix, with some like ispace sending their landers up with a ride from SpaceX rockets.  Firefly Aerospace, based near Austin, Texas, made history of its own in March when its Blue Ghost lunar lander reached the lunar surface, making it the first private company to soft-land on the moon. A lunar lander from Houston-based Intuitive Machines followed closely behind but touched down at an odd angle, preventing the solar panels that power it from recharging to carry out its mission objectives.  Both lunar missions carried equipment for NASA through a program known as Commercial Lunar Payload Services, an initiative that will allow the agency to conduct scientific research through private moon missions. Between global powers with designs on lunar ice and a lucrative web of public-private partnerships, the moon is the next big prize in the space raceone were going to be hearing a lot more about in the coming years.

Category: E-Commerce
 

2025-06-06 19:55:00| Fast Company

The list of Rite Aid store closures continues to grow. As the drugstore chain prepares to sell off its remaining assets in the wake of filing for bankruptcy a second time, the total number of locations marked for closure in court documents as of this week is at least 497 nationwide. The chain will eventually sell or shutter all of its 1,277 pharmacies as it winds down operations. According to a court filing on Thursday, the latest list includes 25 additional locations in Ohio, California, Oregon, and Washington state. Bids on Rite Aids remaining assets are due on June 18. Pharmacy assets already sold Rite Aid has already reached agreements to offload some of its assetsnotably, its valuable prescription filesto CVS, the countrys largest pharmacy chain; Walgreens; and the Albertsons and Kroger grocery chains. As Fast Company previously reported, CVS agreed to buy prescription files for 625 of those pharmacies and take over 64 brick-and-mortar Rite Aid locations in Idaho, Washington, and Oregon, home to many of the latest closures. Rite Aid’s mass closures present particular challenges for customers in rural areas who rely on the chain for their medications, sparking concerns about pharmacy deserts. The broader wind-down has left many remaining locations with empty shelves as products run out. Fast Company has reached out to Rite Aid for additional information about the timeline of the closures. Here’s what to know. Which Rite Aid stores are among the latest closings? According to this weeks filing, the following 25 locations are set to close and may already be in the process of doing so. CALIFORNIA 2505 Mt Vernon Avenue, Bakersfield, CA 93306 602 Williams Road, Salinas, CA 93905 4322 South Figueroa Street, Los Angeles, CA 90037 1560 Sycamore Avenue, Hercules, CA 94547 32121 Camino Capistrano, San Juan Capistrano, CA 92675 1501 West Main Street, El Centro, CA 92243 10823 Zelzah Avenue Bldg D, Granada Hills, CA 91344 19035 Bear Valley Road, Apple Valley, CA 92308 7025 El Camino Real, Atascadero, CA 93422 24330 El Toro Road, Laguna Woods, CA 92637 295 West Main Street, Woodland, CA 95695 1735 E Walnut Avenue, Visalia, CA 93292 300 North Canon Drive, Beverly Hills, CA 90210 OREGON 2021 NW 185th Avenue, Hillsboro, OR 97124 681 Lancaster Drive NE, Salem, OR 97301 1970 Echo Hollow Road, Eugene, OR 97402 1560 Coburg Road, Eugene, OR 97401 Ohio 1955 Cleveland Road, Wooster OH 44691 WASHINGTON 2131 SW 336th Street, Federal Way, WA 98023 10407 SE 256th Street, Kent, WA 98030 5700 100th Street SW Ste 100, Lakewood, WA 98499 3116 NE Sunset Boulevard, Renton, WA 98056 140th Avenue SE, Renton, WA 98058 196th Street SW, Lynnwood, WA 98036 2860 NW Bucklin Hill Road, Silverdale, WA 98383 Where can I find the full list of Rite Aid closures? Previous filings have revealed closures as noted below: May 5: 47 initial locations May 9: 68 additional locations May 16: 95 additional locations May 23: 151 additional locations May 30: 111 additional locations How did Rite Aid get here? Rite Aids Chapter 11 bankruptcy filings come less than one year after a similar filing in 2023. Like many drugstore chains, including CVS and Walgreens, Rite Aid has struggled with online competition from Amazon and other retailers and with decreased profits from prescription drugs due to lower reimbursement rates.

Category: E-Commerce
 

2025-06-06 18:00:00| Fast Company

The recent travails of WordPress have caused consternation among the web community that relies on the platform, which powers more than four in ten websites online today. Now, a coalition of prominent WordPress contributors and the Linux Foundation is unveiling a federated update and plugin-distribution network aimed at eliminating what they describe as a critical supply chain security vulnerability at the core of the worlds most widely used website system. The FAIR Package Manager project, to be announced at a conference in Switzerland later today, enables web-hosting companies and large organizations to run their own mirrors of WordPresss core update, plugin, theme, and translation servers. This setup would replace reliance on WordPress.orga domain controlled by Automattic CEO Matt Mullenweg. Supporters say the new system will strengthen security, reduce costs, and open new commercial opportunities for software that millions depend on for web hosting. The project emerged earlier this year in response to controversial moves by Mullenweg. In September, he cut off access to WP Enginea popular WordPress hosting provideraccusing it of extracting hundreds of millions of dollars in value from the open-source platform without adequate contributions in return. He also alleged that the company breached WordPress trademarks, creating confusion. Amid the fallout, around 150 employees exited Automattic after Mullenweg offered buyouts to those who disagreed with his handling of the situation. In October, when Automattic took over the slug of WP Engines product within the ecosystem, we received phone calls from the chief legal counsels of some of our clientsthese are large corporationssaying, this is a supply chain security issue, says Karim Marucchi, CEO of enterprise agency Crowd Favorite and one of the projects initiators. Around the same time, Joost de Valk, founder of Yoast SEO, was attempting to communicate with Mullenweg. While de Valk shared the view that more equitable contributions to WordPress were needed, he disagreed with Mullenwegs methods. We stopped talking pretty much after that, because I didn’t agree with him, de Valk says. One central concern is that every WordPress site depends on WordPress.org for updates and extensions. When we started looking at this, we realized theres a lot of things in this whole ecosystem that we dont control, de Valk says. One of the things that everybodys eyes were opened on was that WordPress.org was, in fact, not part of the WordPress Foundation, but owned by Matt privately, and that he used it as his private website in many ways. WordPress executive director Mary Hubbard notes that users have always had control over how their sites are updated and where updates originateflexibility that has existed since WordPresss early days. “The beauty of WordPress and open source is that people have complete control to run it how they please and modify how it works,” she tells Fast Company. The FAIR system offers an alternative that remains fully compatible with WordPress but operates independently from WordPress.org. Its still all WordPress, says de Valk. Its just a different distribution. Rather than forking WordPress, FAIR provides server components that anyone can run. Over 100 contributors from more than 10 organizations have been involved in building it over the past six months, according to Marucchi. The group has asked the Linux Foundation to provide neutral oversight. Hubbard pointed out that some large hosts like Newfold/Bluehost have implemented custom mirrors in the past, and emphasized that WordPresss update system has always allowed users to modify where their updates come from. “The important thing is that users know where their updates are coming from and have a choice to change it, regardless of their host, she says. WordPress is a critical piece of infrastructure for communication and for organizations that rely on it for their website, for content management, for blogs and media, says Mike Dolan, SVP of legal and strategic programs at the Linux Foundation. And in order to sustain something like that, you need to have a reliable backend behind it. To avoid centralization, the Linux Foundation has created a technical steering committee cochaired by long-time WordPress leaders Carrie Dils, Mika Epstein, and Ryan McCue. McCue, the architect of the WordPress REST API, called FAIR a platform to power the next decades of WordPress, and noted that the community had fractured and needed to be brought back together. Dolan echoed the sentiment. I think the interesting part about this is the organic nature of this, he says. This is something that is coming out of the community. It’s people who have lifelong and career-long engagement in the WordPress community who are saying we need to go and build this, and they want to work on it together. Jory Burson, VP of standards at the Linux Foundation and a participant in the project, hopes it will lead to a reintroduction and reenergization of the community. She adds that morale is currently low. I think this is going to be very exciting for people, and hopefully move some folks past this negativity and drama. We want to get people focused on the very positive future that we think WordPress still has. Although FAIR was created out of frustration with Automattics control over WordPress.org, its backers insist its not a competing fork. When we get up on stage on Friday, literally the words that are going to come out of our mouth are: Were offering this code to Automattic, WP Engine, GoDaddy, Newfoldeveryone, says Marucchi. If widely adopted, the network could allow developers to ship both free and premium versions of plugins in a single signed packagesomething currently prohibited by the official WordPress repository. That opens up innovation, de Valk says, making it easier to build businesses around plugins and to provide good user experiences. Still, Hubbard emphasizes that fragmentation of WordPresss core infrastructure could create more problems than it solvesdisrupting update processes, inflating server loads, and breaking plugin telemetry used for ensuring compatibility. If this work leads to improvements like signed updates or better fallback systems, were open to that, she says. But it has to be done with the same long-term care that got us here. The FAIR repository is already live on GitHub and accepting contributions. Whether Automattic will participate remains uncertain; regardless, the project team plans to move forward. Youre dealing with a community that has had some trust challenges in the past, and theyre looking for stability, says Dolan. They’re looking for neutrality. They have business that they want to get done.

Category: E-Commerce
 

2025-06-06 17:45:00| Fast Company

Before you install that window AC unit to beat the summer heat, its worth taking a closer look: Yesterday, the appliance manufacturer Midea, who makes units for a number of brands including Frigidaire and Insignia, recalled more than 1.7 million AC units due to the risk of mold exposure. The news comes as, according to industry experts, AC units are expected to get significantly more expensive this summer due to tariff-based supply chain issues. Heres what you need to know about the recall: What is the reason for the recall? On June 5, Midea issued a voluntary recall for about 1.7 million window AC units sold in the U.S. and another 45,900 sold in Canada, according to a notice from the U.S. Consumer Product Safety Commission (CPSC). According to the notice, the reason for the recall stems from potential mold growth inside the affected units: Pooled water in the air conditioners can fail to drain quickly enough, which can lead to mold growth, it reads. Mold exposure poses risks of respiratory issues or other infections to some consumers. Further, the report notes that Midea is aware of at least 152 reports of mold in the air conditioners so far. Which products are being recalled? The recall involves U and U+ window AC unit models made by Midea. These models were sold under a variety of brand names, including Midea, Comfort Aire, Danby, Frigidaire, Insignia, Keystone, LBG Products, Mr. Cool, Perfect Aire, and Sea Breeze. Affected units were sold in three sizes of cooling power: 8,000, 10,000 and 12,000 BTU. Customers can find a full list of impacted model numbers, organized by brand name, on the CPSC webpage. Where were the recalled units sold?  The recalled units were sold at a number of big box stores, as well as a wide variety of online retailers. The physical retailers include: Costco Menards Home Depot Best Buy The affected units were also available online at retailers including: Midea.com Amazon.com Costco.com Menards.com HomeDepot.com Lowes.com Walmart.com BJs.com BestBuy.com Each unit sold within the span of March 2020 to May 2025 for between $280 and $500. Have the recalled units hurt anyone? Unfortunately, yes. Midea has received 17 reports so far of consumers experiencing symptoms such as respiratory infections, allergic reactions, coughing, sneezing and/or sore throats from mold exposure, per the CPSC. What should I do if I have a recalled unit? If you have a recalled unit, do not use it. Instead, you can contact Midea for a free repair or a full or prorated refund.  The company told The New York Times that all Midea U buyers will be eligible for a refund (although the amount will depend on how long youve had your air conditioner) or it will mail a free DIY kit to anyone who would prefer to fix their unit. For those who have attempted to repair the unit at home, Midea will still offer refunds or fixes. Midea has assembled a website dedicated to walking customers through the process. The companys recall hotline number is 888-345-0256.

Category: E-Commerce
 

2025-06-06 17:42:25| Fast Company

Featuring Kate Charles, Chief Strategy Officer and Laurie Lam, Chief Brand Officer, E.l.f. Beauty Moderated by Kc Ifeanyi, Executive Director of Editorial Programming, Fast Company E.l.f. Beauty conducted a study with brand agency Oberland and found that there are more men named Ricard, Rich, and Rick on public company boards in the U.S. than entire groups of underrepresented people. That discovery led to the “So Many Dicks” campaign that’s just part of an overarching initiative to double the rate of women and people of color added to boards by 2027. Hear from Laurie Lam, chief brand officer at E.l.f., and Kate Charles, chief strategy officer at Oberland, on how they’re getting it done.

Category: E-Commerce
 

2025-06-06 17:30:33| Fast Company

Featuring Marc Lore, Founder and CEO of Wonder Moderated by Stephanie Mehta, CEO and Chief Content Officer, Mansueto Ventures Building a successful business once is raredoing it again and again takes a different caliber of leadership. Marc Lore, the serial entrepreneur behind Diapers.com, Jet.com, and now the food delivery app Wonder, has made a career out of scaling his big ideas into market-leading challengers. In this one-on-one conversation, Lore gives you the blueprint for rethinking industries and driving meaningful growth.

Category: E-Commerce
 

2025-06-06 17:18:23| Fast Company

The Intuit Dome opened last year in Los Angeles, setting a new standard for arenas with a number of staggering features including 86,000 square feet of training facilities, 300 charging stations for electric vehicles, underground suites, and a double-sided display board that stretches almost a full acre. Gillian Zucker, CEO of Halo Sports and Entertainment, takes you behind the scenes of the Intuit Dome, highlighting her mission to make everyone feel like VIP.

Category: E-Commerce
 

2025-06-06 17:01:29| Fast Company

Featuring François Nguyen, Chief Design and Experience Officer, SharkNinja. SharkNinja has evolved far beyond its early days as an infomercial brand. Today, the company stands as one of the worlds most advanced domestic appliance makers, thanks in large part to innovative product design. In a dynamic presentation, François Nguyen, chief design and experience officer at SharkNinja, explains how SharkNinja’s products have become must-haves among consumersand what we all can learn by leading with design.

Category: E-Commerce
 

Sites: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] next »

Privacy policy . Copyright . Contact form .