Author Archives: Peter Costa

Last year, as Walmart and Amazon started drone pilot programs to provide faster delivery times, I wrote in this forum that commercial drone programs were not developed enough and were not properly regulated enough for wide range commercial use. The buzz around drone deliveries has not dissipated since I wrote that piece. In addition to […]

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With most of the country spending significantly more time at home due to COVID-19, many people seem to have used their idle time by dabbling with (and in some cases diving headlong into) speculative, nontraditional investments. Some of these investment vehicles have made front page headlines as retail investors pile in and then jump out, […]

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On December 11th, the U.S. Food and Drug Administration authorized the emergency use of Pfizer and BioNTech’s COVID-19 vaccine. The vaccine (and others nearing approval) are expected to reach hundreds of millions of Americans by the end of 2021. These efforts should bring an end to the most devastating global pandemic in a century. Amid […]

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On September 15th, Walmart launched Walmart+, an online paid membership service that will compete directly with Amazon Prime for the growing population of shoppers on the web who crave faster delivery options. The two loyalty programs hit similar price points: Amazon Prime is $119 per year or $12.99 per month, including a 30-day free trial, […]

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The outbreak of COVID-19 is having an unsettling effect worldwide, and many businesses have been negatively impacted by stringent lockdowns and waning consumer confidence. Unexpected events, such as the COVID-19 outbreak, can trigger the material adverse change (MAC) clause in contractual agreements. MAC clauses can be triggered when a buyer has signed, but not executed, […]

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