Amazon.com Inc on Thursday reported its biggest profit ever as consumers turned to the online retailer for their shopping needs and businesses paid it more to warehouse and advertise their products. Shares rose four per cent in after-hours trade.Since the start of the U.S. coronavirus outbreak, shoppers have relied increasingly on Amazon for delivery of home staples and supplies. While brick-and-mortar stores closed, Amazon has now posted four consecutive record quarterly profits, attracted more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging consumer demand. Read more: Amazon workers appear to reject readmore
On October 6, 1957, Russia’s Sputnik 1 made history as man’s first satellite to reach into space. Today, an estimated 6,000 satellites are making the rounds in Earth’s lower orbit, along what has become a busy satellite superhighway. Private industry is driving a space boom. Over the next several years, companies like Amazon and SpaceX plan to launch tens of thousands of satellites. Commentary: Upcoming space missions to keep an eye out for in 2021 Canada, too, is investing more money in their own space fleet, and even some upcoming trips to the moon. In total, $9.9 million was included in last week’readmore
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