Amazon.com Inc
Labor group accuses Apple of interrogating, surveilling staff at World Trade Center store
Customers shop at the new Apple Store at the World Trade Center shopping mall in New York City. Getty Images Communications Workers of America is accusing Apple of violating federal labor law at its World Trade Center store in New York City. CWA alleged in an Unfair Labor Practice filing with the National Labor Relations […]
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Strategist says U.S. stocks are undervalued right now — and names his top picks to buy the dip
Morningstar’ s David Sekera thinks the market sell-off is looking overdone — and reveals the tech stocks he thinks are attractive right now, as well as his picks to ride the return of consumer spending. After years of beating the market, tech stocks have been slammed this year as expectations of aggressive tightening by the […]
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Amazon’s Twitch, Discord, 4chan face New York AG probe after Buffalo shooting
New York State Attorney General Letitia James in New York City, November 19, 2019. Lucas Jackson | Reuters New York Attorney General Letitia James will investigate social media companies including Amazon’s Twitch in connection to the apparently racially-motivated shooting at a Buffalo supermarket that left 10 dead and three injured. James’ office will also focus […]
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Here’s what Walmart, Target, Home Depot and Lowe’s tell us about the state of the American consumer
How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers — Walmart, Target, Home Depot and Lowe’s — reported quarterly financial results this week, and they each offered a different perspective on where and how people are spending their money. Walmart said some of its […]
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Why Tesla was kicked out of the S&P 500’s ESG index
An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual rebalancing. Meanwhile, Apple, Microsoft, Amazon and even oil and gas multinational Exxon Mobil were included on the list. The S&P […]
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Here are some hedge funds that foresaw the tech fallout. And some that didn’t
This year’s tech-driven carnage in the stock market is carving out hedge fund winners from losers — showing up in diverging fortunes that haven’t been seen in years. Hedge funds that rode the tech wave up are getting crushed on the way down, especially those that doubled down on 2022’s biggest laggards in the first […]
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Former Disney CEO Bob Iger invests in $15 billion delivery start-up Gopuff
A bag of groceries with the logo of American on-demand delivery start-up Gopuff. Gopuff Delivery start-up Gopuff announced Wednesday that it’s bringing on former Disney CEO Bob Iger as an investor and advisor to the $15 billion company. “It’s been exciting to spend time with Gopuff leadership learning about the company, the founders, and their […]
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Amazon accused of discrimination against pregnant and disabled workers in New York
Staff make their way around the aisles collecting items before sending them to the on-site dispatch hall to be packaged inside one of Britain’s largest Amazon warehouses in Dunfermline, Fife. Jane Barlow | PA Images | Getty Images New York Gov. Kathy Hochul on Wednesday announced the Division of Human Rights has filed a complaint […]
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Amazon just announced a new $60 tablet
Amazon Fire 7 tablet Source: Amazon Amazon announced the latest version of its Fire 7 tablet on Wednesday. At $59.99, the tablet is slightly more expensive than its predecessor, but the company is promising longer battery life. Amazon’s Fire tablets have served as a cheaper alternative to Apple’s iPad, but it isn’t a huge business […]
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Shares of Shopee-owner Sea surge 14% after stronger-than-expected revenue
Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings) Kokkai | Istock Unreleased | Getty Images Shares of Southeast Asia’s e-commerce and gaming firm Sea Group popped after its first-quarter revenue beat analysts’ expectations on Tuesday. […]
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