Afternoon Coffee: Amazon on Hunt for Freight-Transportation Network Technology, Wal-Mart Expands Sourcing With McKesson for Generic Drugs

Hoda Bogdan/Adobe Stock Hoda Bogdan/Adobe Stock

Amazon.com Inc. is looking to license or acquire technology for its freight-transportation network. The company has reportedly requested information recently from several freight-services-technology providers.

Wal-Mart is expanding its sourcing partnership with U.S. drug distributor McKesson to continue driving down the costs of generic medicine. George Riedl, senior vice president and president of Wal-mart's health and wellness division, said the two companies will use their “combined size and scale to drive efficiencies.”

A new scientific report says genetically engineered crops are safe to eat and do not harm the environment. The report from the National Academies of Sciences, Engineering and Medicine also says the current regulatory system surrounding genetically modified organisms, or GMOs, is not sustainable.

The Equal Employment Opportunity Commission issued a report today saying the high-tech industry is doing a poor job fostering diversity. High-tech companies have fewer female, African-American and Hispanic employees when compared to private firms, according to the report, and these employees are not often promoted to higher positions.

 

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