• U.S.
    People

    Kayaker Goes on Facebook Live as He Struggles in the Ocean Shortly Before He Is Found Dead

    “I am sorry you got lost and I couldn't find you," wrote a friend mourning Jeremy Worthy

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  • Sports
    Yahoo Sports

    Zion Williamson files for protective order from demand he admit receiving illegal benefits at Duke

    The $100 million legal battle around Zion Williamson's representation remains ugly.

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  • U.S.
    Deadline

    Protesters Block 101 Freeway During Rush Hour In Anger Over George Floyd Death

    Both sides of the 101 Freeway were blocked on Wednesday night by protesters condemning the death of George Floyd, a Minneapolis man who died Monday while in police custody in that city. Crowds gathered earlier in downtown to rail against Floyd's treatment, organized by the Black Lives Matter movement, who tweeted out details on where […]

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  • Health
    Good Morning America

    This 27-year-old lost 120 pounds in 1 year by making small life changes

    All her life, 27-year-old Kiah Twisselman believed she just had "bad genetics," which prevented her from losing weight. "I just started showing up and doing it," Twisselman wrote in an Instagram post. In the new issue of People Magazine out this week, Twisselman's incredible weight loss journey -- along with that of several others -- is highlighted.

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  • Business
    Yahoo News

    Trump, for some reason, compares coronavirus death toll (over 98,000) to that of swine flu (under 20,000)

    On a day when the U.S. death toll from the coronavirus pandemic neared 100,000, President Trump sought to direct the nation’s attention back to the 2009 H1N1 swine flu pandemic as a way to smear the reputation of his Democratic rival Joe Biden, who was vice president at the time.

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  • U.S.
    USA TODAY

    After enduring ventilators, body aches, fever, coronavirus survivors say states shouldn't be reopening

    After enduring ventilators, body aches, and chills, coronavirus survivors say states reopening too soon could create a second wave of infections.

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  • Business
    Bloomberg

    Amazon Buying Zoox May Save $20 Billion, Put Tesla on Its Heels

    (Bloomberg) -- Amazon.com Inc.’s talks to buy driverless vehicle startup Zoox Inc. has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-hailing companies on their heels.Shipping costs are one of Amazon’s largest expenses and may reach $90 billion in the coming years, Morgan Stanley’s internet, auto and transport analysts wrote in a report Wednesday. An autonomous offering could save the company more than $20 billion annually, they estimate.“Autonomous technology is a natural extension of Amazon’s efforts to build its own third party logistics network,” Morgan Stanley’s analysts wrote. They see the company being a “clear” competitor to the likes of Tesla Inc. and General Motors Co. and the potential for Amazon to compete in ride-sharing and food delivery. United Parcel Service Inc. and FedEx Corp. also “will have to respond to keep up.”Other companies in the automotive and chip industries have also held talks with Zoox about a potential investment, according to people familiar with the matter. At least one other business besides Amazon has offered to buy the company, they added. Zoox is unlikely to sell for less than the more than $1 billion that it has raised, according to the people, who asked not to be identified discussing private negotiations.“Zoox has been receiving interest in a strategic transaction from multiple parties and has been working with Qatalyst Partners to evaluate such interest,” the startup said Tuesday. It declined to comment on Amazon’s interest. A spokeswoman for Amazon declined to comment.Zoox had outsize ambition and financial backing. The startup wanted to build a fully driverless car by this year. However, after a 2018 funding round that valued Zoox at $3.2 billion, the startup’s board voted to oust Chief Executive Officer Tim Kentley-Klay. The executive criticized the move, saying the directors were “optimizing for a little money in hand at the expense of profound progress.”Dow Jones reported that Amazon is in advanced talks to buy Zoox for less than the $3.2 billion valuation from 2018.Amazon is willing to spend heavily to automate its e-commerce business. The online retail giant purchased warehouse robot-maker Kiva Systems Inc. in 2012 for $775 million and now has tens of thousands of robots in warehouses around the world.But paying drivers to deliver packages is still one of the biggest costs in the company’s operation. Chief Executive Officer Jeff Bezos announced plans for drone delivery in 2013, though they have yet to materialize at scale. Last year, Amazon revealed an experimental delivery robot called Scout in the Seattle area that rolls on sidewalks like a shopping cart.Last year, Amazon invested along with Silicon Valley venture firm Sequoia Capital in self-driving startup Aurora Innovation Inc., a startup led by the former heads of Google’s driverless car project and Tesla’s Autopilot team. Amazon also backed Rivian Automotive Inc., the electric pickup and SUV maker. Those bets left Morgan Stanley’s auto analyst questioning earlier this month whether Tesla’s rich valuation is warranted given the competitive threats the company faces.“We often hear from investors that Tesla could potentially be the Amazon of transportation,” Adam Jonas, who rates Tesla the equivalent of a hold, wrote in a May 17 report. “But what if Amazon is the Amazon of transportation?”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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