Business

Monday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Monday’s business headlines.

Amazon 

Amazon is already capable of offering same-day and one-day delivery to 72% of the total U.S> population, according to RBC Capital Markets.

The vast delivery network is the result of significant investments over the past four years, a period during which Amazon built out fulfillment centers across the country.

That means the company has a head start in making Prime deliveries in one day.

Trending Headlines

Dean Foods

America’s biggest milk maker is running out of options as milk consumption continues to decline in the U.S.
The Wall Street Journal says Dean Foods sinking sales have been hurt as consumer cut back on dairy milk drinking.
Shares of Dean Foods are down 60 percent this year.

Sanders on agriculture

Democrat presidential candidate Bernie Sanders has rolled out a plan for agriculture.

He told Iowa farmers that he supports breaking up giant ag companies, would protect farmers from patent lawsuits from seed companies, give more subsidies to small and mid-size farms and restrict foreign ownership of farmland.

Gas prices

The average u.s. price of regular-grade gasoline jumped 5 cents a gallon over the past two weeks, to $2.97.
Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that gas prices have spiked 66 cents since early January.
Triple a says the current average is 2-92 a gallon, a month ago it was $2-76.

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