Carvana stock claws back despite ‘uniquely difficult environment’ that hit earnings

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Shares of Carvana Co.were bouncing back in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific issues impacted its business in the first quarter but said that it had plans to address its challenges.Carvana [CVNA, -9.11%](/investing/stock/CVNA?mod=MW_story_quote) noted in its letter to shareholders that the omicron variant […]

Shanghai official COVID death toll hits 25 | ABS-CBN News

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A man in protective gear rides a bicycle on the street in Shanghai, China, April 21, 2022.On April 20, the Jinshan and Chongming Shanghai suburban districts achieved the dynamic zero-COVID-19 goal.The number of cases has been trending downward over the past few days in other suburban districts.Meanwhile, some urban districts, […]

New robot technology being used in Sydney retail warehouse

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More than 360 robots move around the 36,000 square metre fulfilment centre at Moorebank for retailer Catch. The new technologically advanced centre is aimed at improving delivery times for New South Wales and Queensland customers. “Previously we fulfilled all of our orders for Australia out of our fulfilment centre in […]

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