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Amazon bets on fuel-cell technology
Amazon will deploy a high-tech, green solution to help power its warehouses. In a move to increase the energy efficiency of its sprawing network of fulfillment centers, Amazon has entered into a partnership with hydrogen fuel-cell maker Plug Power to deploy Plug Power fuel cells and hydrogen technology in its fulfillment network. The deal includes an investment option that gives Amazon the right to acquire up to a 23% stake of the fuel-cell maker. -
Specialty footwear giant to shutter hundreds of stores amid Chapter 11 filing
Payless ShoeSource filed for Chapter 11 bankruptcy protection amid growing competition from off-price retailers and online.
The retailer, which has some 4,400 locations in more than 30 countries, plans to immediately close nearly 400 stores in the United States and Puerto Rico as it attempts to boost its balance sheet and restructure its debt load.

