Tag Archives: Amazon

Search For New Amazon HQ Hinges On LGBT Rights

The Washington Post reports: When Amazon executives recently toured the Dallas-Fort Worth area, one of 20 finalists for a second company headquarters, local officials touted its growing workforce and low taxes as perfectly suited to accommodate 50,000 planned Amazon jobs. But the local team also brought an unexpected guest: the Rev. Neil G. Cazares-Thomas, pastor of a predominantly gay megachurch ...

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Trump Orders Overhaul Of USPS Business Model

Another obvious attack on Jeff Bezos: President Trump, who has assailed Amazon.com and falsely accused the online retail giant of cheating the U.S. Postal Service by taking advantage of bulk delivery rates, on Thursday night ordered a sweeping overhaul of the Postal Service’s business model. Trump issued an executive order forming an administration task force, to be chaired by Treasury ...

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Preet Bharara To Bezos: Buy Twitter And Delete Trump

Raw Story reports: Former U.S. Attorney Preet Bharara made what must have been a tempting suggestion to Amazon founder Jeff Bezos: Buy Twitter and shut down President Donald Trump’s account. Amazon lost $53 billion in market capital recently after Axios reported that the president wanted to “go after” the company. Trump has had a long-running beef with Bezos, who also ...

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REPORT: Trump Obsessed With “Fucking With” Bezos

Vanity Fair reports: For the first time in Donald Trump’s presidency, the West Wing soap opera appears to be in hiatus, with many of its starring characters (Gary Cohn, Hope Hicks) either permanently offstage or with much reduced roles (John Kelly, Jared Kushner). Currently, there’s one star—a situation Trump is obviously enjoying—and his new freedom is used to focus ever ...

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Stock Slumps After Trump Again Threatens Amazon

Reuters reports: Shares of Amazon.com Inc fell 3 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the U.S. postal system and promised unspecified changes. Trump on Thursday accused Amazon of not paying enough tax, making the postal system lose money and putting small retailers out of business. But ...

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Bernie Sanders: Amazon Has Gotten Too Big [VIDEO]

Via Mediaite: Appearing on CNN’s State of the Union today, Sen. Bernie Sanders seemed to endorse some of what the president has said of the massive company. Asked by anchor Jake Tapper if he believed Amazon had gotten too big, the independent senator answered in the affirmative. “Yeah, I do. I do,” Sanders declared. “I think this is — look, ...

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Trump Continues Attack On Amazon & Washington Post

The Hill reports: President Trump on Saturday claimed that The Washington Post is a “lobbyist” for Amazon. Trump made the claim during a pair of tweets railing against Amazon. The Post is owned by Amazon CEO Jeff Bezos. However, The Post and Amazon are two separate entities. This isn’t the first time that Trump has accused The Post of lobbying ...

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Trump Falsely Claims Amazon Pays “Little Or No” Sales Tax (Amazon Now Pays In All States With Sales Tax)

The Wall Street Journal reports: President Donald Trump criticized Amazon.com Inc. on Thursday, saying the e-commerce giant was “putting many thousands of retailers out of business.” Shares of Amazon.com slid on Wednesday amid speculation that the White House wanted to curb the company’s growing dominance. In a briefing on Wednesday, White House press secretary Sarah Huckabee Sanders said that Mr. ...

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REPORT: Trump “Obsessed” With Punishing Amazon

Axios reports: Capitol Hill wants Facebook’s blood, but President Trump isn’t interested. Instead, the tech behemoth Trump wants to go after is Amazon, according to five sources who’ve discussed it with him. “He’s obsessed with Amazon,” a source said. “Obsessed.” What we’re hearing: Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out ...

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John Oliver’s Gay Bunny Book Hits #1 On Amazon

Vanity Fair reports: Guess who just managed to pull a best-selling book out of their hat? That’s right: it’s John Oliver and the staff of Last Week Tonight—specifically, writer Jill Twiss—whose picture book, the somewhat cumbersomely titled Last Week Tonight with John Oliver Presents A Day in the Life of Marlon Bundo, is, as of this writing, the No. 1 ...

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Claire’s Becomes Latest Retailer To Declare Bankruptcy

Bloomberg reports: Claire’s Stores Inc., known for tween jewelry and ear piercing, has become the latest victim of the retail apocalypse. The company filed for bankruptcy Monday and said it reached an agreement with creditors including its private-equity backer, Apollo Global Management LLC, to restructure around $1.9 billion in debt. Its plan to survive rests on its reputation for trendy ...

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Toys R Us To Close All 900 UK And USA Stores

The Washington Post reports: Toy store chain Toys R Us is planning to sell or close all 800 of its U.S. stores, affecting as many as 33,000 jobs as the company winds down its operations after six decades, according to a source familiar with the matter. The news comes six months after the retailer filed for bankruptcy. The company has ...

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Amazon Partners On Non-Profit Health Care Company

The Washington Post reports: Amazon is diving into health care, teaming up with Warren Buffett’s Berkshire Hathaway and the New York bank JPMorgan Chase, to create a company that helps their U.S. employees find quality care “at a reasonable cost.” The business giants offered few details Tuesday and said that the project is in the early planning stage. “The ballooning ...

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Struggling Toys R Us To Shutter 182 Stores

The New York Times reports: Toys “R” Us is planning to close as many as 182 of its stores as it struggles to reorganize in bankruptcy. The toy chain, which filed for bankruptcy last September, said in a court filing late Tuesday that the stores selected for closing have failed to meet “performance standards.” The planned closings represent about 20 ...

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Amazon Opens Its First “No Checkout” Store

USA Today reports: After a year of testing with its own employees, Amazon opens its store that lets you browse, grab and walk out — skipping the checkout line, but not the bill — to the public Monday. The convenience store and its proprietary technology, made up of hundreds of cameras and sensors and requiring a new Amazon app, dangled ...

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Amazon Lists 20 Finalist Cities For Second HQ: Boston, DC, NYC, LA, Newark, Dallas, Miami, Chicago, Others

The New York Times reports: Amazon said on Thursday that it had whittled the list of possible homes for its second headquarters down to 20, including centers of technology like Boston as well as some surprise locations like Columbus, Ohio. The company, based in Seattle, selected the finalists out of a pile of more than 238 applications submitted by local ...

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Trump Demands US Post Office Raise Prices To Ship For Amazon In Order To Punish WaPo Owner Jeff Bezos

Reuters reports: U.S. President Donald Trump targeted online retailer Amazon on Friday in a call for the country’s postal service to raise prices of shipments in order to recoup costs. The U.S. Postal Service is an independent agency within the federal government and does not receive tax dollars for operating expenses, according to its website. The organization makes up a ...

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Google To Block YouTube From Amazon Devices

Reuters reports: A rare public spat in the technology industry escalated on Tuesday when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices and criticized the online retailer for not selling Google hardware. The feud is the latest in Silicon Valley to put customers in the crossfire of major competitors. Amazon and Google, which ...

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Amazon CEO Jeff Bezos Made $10 Billion Today

CNN Money reports: Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report — more than a quarter-billion dollars in profit in three months. CEO Jeff Bezos owned nearly 80 million shares in Amazon as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day ...

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Hackers Steal Credit Card Data From Whole Foods

Reuters reports: Amazon.com Inc’s Whole Foods Market on Thursday said payment card information has been stolen from taprooms, restaurants and other venues located within some of its stores. The upscale grocer, which Amazon recently purchased for $13.7 billion, said it uses a different point-of-sale system for its roughly 450 U.S. stores. That system was not involved in the data hack, ...

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