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Zipline Valuation Soars as Drone Startup Raises Funds

Wall Street Journal US Business •
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Zipline, a drone delivery startup, has seen its valuation soar after raising new funds and expanding its partnership with Walmart. The company, which uses drones to deliver medical supplies and groceries, is leveraging the investment to scale its operations and technology. The expansion with Walmart marks a significant milestone, as the retailer plans to use Zipline's drones for home delivery in select markets.

Meanwhile, Democrats in Congress are targeting former President Trump's tariffs on Canadian goods, arguing they harm American consumers and businesses. In another development, emails obtained by news outlets offer a rare glimpse into the Houthis' little-known office responsible for clearing Red Sea transits, shedding light on the group's logistical operations amidst ongoing regional conflicts.

Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing