Tag: finances

June 2, 2014 0

ISM Correction Heartburn

By News Desk

ISM Correction Heartburn ISM twice revised its manufacturing numbers today, then issued this Correction Notice . ISM ® has discovered an error in its software programming for calculating the May 2014 Manufacturing PMI ® that was released at 10 a.m. ET this morning

May 23, 2014 0

Amazon to Increase Robots from 1,400 to 10,000 by End of 2014; Day in the Life of a Robot

By News Desk

Please consider Bezos expects 10,000 robots at Amazon warehouses by 2015 Amazon.com plans to aggressively expand its use of robots at it warehouses in 2014, rolling out 10,000 of them by the end of 2014. Chief Executive Jeff Bezos told investors at Amazon’s annual shareholders meeting Wednesday that the company has about 1,000 robots picking products today. The robots are made by Kiva Systems, a company Amazon purchased two years ago for $775 million in a bid to further automate its warehouses