Shipping finance

ViacomCBS’s Parts Might Add Up to a Greater Whole

(Bloomberg Opinion) — “House of Brands” probably wasn’t the best choice of words by ViacomCBS Inc. in describing its streaming-TV strategy. It’s best for a company in its position to avoid what sounds eerily similar to another phrase — one that implies a shaky structure doomed to collapse. It’s also best not to remind people of the name of a hit…

Nokia to acquire optical networking tech firm Elenion

The 2014-founded Elenion develops silicon photonics technologies for short-reach and high-performance optical interfaces. “Ownership of these key assets brings time-to-market and cost advantages to Nokia’s broad portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain,” Nokia said in a statement.

Amazon Axes Delivery Partners in U.S.; Hundreds of Jobs Cut

(Bloomberg) — Amazon.com Inc. is severing ties with small delivery firms around the country — putting at least 1,300 drivers out of work — in an effort to eliminate partners that aren’t meeting its standards.Bear Down Logistics, an Illinois company that rapidly expanded over the past two years, is shuttering operations in five states and…