The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped nearly 10% Monday, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees the chance to offer the Starbucks mobile app to customers.Restaurantsread more
UPS launched a new technology company called Ware2Go on Tuesday, aimed at connecting small- and medium-sized businesses with warehouses to help streamline online orders.
Ware2Go recruits and certifies warehouses for merchants, allowing them to expand to new locations and keep up with new e-commerce growth.
"This is really a technology and platform company – more than a services business – with merchants on one side, looking for order fulfillment capabilities, warehouses looking to fill space appropriately. We wanted to build that using the best of both worlds," said Nick Basford, vice president of global retail and e-commerce strategy for UPS.
Customers make an account on Ware2Go's website as either a merchant, warehouse, or both, and then answer questions on their business or warehouse needs. Once merchants provide details about their products, orders, space requirements, and regional delivery needs, Ware2Go will then allow merchants to manage their inventory and orders across the companies' cloud-based network.
Ware2Go didn't disclose which cloud and other tech companies it is partnering with for the venture, nor did it say how many companies have signed up. There are no set fees, the company said, because services vary.
"Ware2Go uses innovative online technology to match excess warehouse and fulfillment capacity with merchant demand to provide transparent inventory, order fulfillment and final delivery," said Scott Price, chief transformation and strategy officer for UPS.
According to IBIS, the outsourced warehousing market is expected to grow to $26 billion by 2023 based on current growth rates. On demand warehousing market is expected to hit $25 billion, as well.
Ware2Go will be based in Atlanta and is partially owned by BCG Digital Ventures.