J.C. Penney sales fall short, net loss doubles; shares sink 10% Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses.
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NASA’s First-of-Kind Tests Look to Manage Drones in Cities RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator’s line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets and buildings.
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