Amazon’s patent reveals its vision of giant flying warehouses serviced by a fleet of drones

While the flying warehouses will carry Amazon’s goodies, smaller drones will shuttle up and down to service consumers as well as for restocking purposes. Amazon’s flying ambitions doesn’t just stop with drone deliveries, the world’s largest online retailer has dreams of launching big floating warehouses close to crowded areas and happenings, like sporting events. While…

Europe Finally Rises to Toyota’s Hybrid Bet

Avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG, for years, Toyota Motor Corp. focused on pushing its hybrid models in Europe. The Japanese carmaker’s strategy is finally paying off. Toyota is on track for roughly a 40 percent jump in annual sales of gasoline-electric vehicles in Europe in the first full year since…