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Feb 06 2024
Explosive new evidence adds another terrifying chapter to the incestuous collusion story between President Joe Biden’s administration and Big Tech to censor free speech. House Judiciary Committee Chairman Jim Jordan unleashed a trove of subpoenaed documents on X (formerly Twitter) exposing the Biden admin pressuring leftist tech giant Amazon to censor books that went against governmentNewsBusters
Feb 28 2024
After years of spending on digital technologies and capabilities, Walmart is no longer the traditional brick-and-mortar retailer it used to be. Instead, it's beginning to look like its main competitor, Amazon, winning the emerging trend of unified commerce.
There was a time when Walmart's leadership was doing everything wrong.
That was over a decade ago when Amazon invadedInternational Business Times
Jan 10 2024
Amazon announced this week it was laying off hundreds of workers at Twitch, Prime Video and Amazon Studios. CEO Dan Clancy informed employees about the job cuts early Wednesday morning. More than 500 workers at Twitch will be effected, Clancy said in a memo. That number represents about 35% of the staff. Clancy said that Twitch was not bringing in enough revenue to justify the fees paid toNew York Daily News
Jan 30 2024
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets "under surveillance". Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.Bloomberg
Feb 13 2024
Amazon allegedly tricked users into buying more expensive products through the use of its “Buy Box,” according to a class action lawsuit filed last week. The Buy Box, which features a “Buy Now” and “Add to Cart” button next to eligible items, funnels users into terrible deals through the ease of one-click shopping according to the complaint, Ars Technica reports on Monday.
Feb 19 2024
Amazon.com has joined Elon Musk's SpaceX and grocer Trader Joe's in arguing that the enforcement proceedings of the top U.S. labor regulator violate the Constitution.
In a filing Thursday, Amazon said it will argue that the structure of the National Labor Relations Board (NLRB) is unconstitutional because it denies the company's right to a jury trial.
The company also said thatFox Business
Feb 06 2024
Fast-food lovers in California should prepare for sticker shock, as companies say the state’s new minimum wage increase will lead to more expensive Big Macs and burritos. Back up: The state recently passed laws to increase the minimum wage to $20 an hour for fast-food workers – up from the previous $16 hourly rate. This goes into effect in April. Need to Know. Your free, daily feed from TheThe National Pulse
Feb 14 2024
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Feb 26 2024
Amazon joins the Dow Monday, giving the 127-year-old index a needed upgrade as it trails the S&P 500
Wall Street’s blue-chip index is getting a shakeup this week that will make its roster look more modern and potentially help reverse its recent underperformance.
On Monday, Amazon officially becomes a member of the Dow Jones Industrial Average, replacing Walgreens Boots Alliance. Shares of the dominant e-commerce platform have surged more than 80% over the past year, making it one ofCNBC