Amazon.com Inc
White House hits back at Amazon’s Bezos after Biden inflation spat
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters The White House on Monday hit back at Amazon founder Jeff Bezos after he took a swipe at President Joe Biden in a series of tweets over the weekend for his comments […]
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Starbucks to cover employees’ travel expenses for abortions, gender-affirming surgeries
Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Starbucks said Monday it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures. The coffee chain joins Amazon, Apple, Microsoft and Salesforce in offering to reimburse workers for travel costs related to abortions following […]
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China has been quietly building a blockchain platform. Here’s what we know
China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | Moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, […]
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Amazon’s Bezos again blasts Biden administration on inflation, says it’s most hurtful to the poor
Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on September 20, 2021 in New York City. Michael M. Santiago | Getty Images News | Getty Images Amazon founder Jeff Bezos tweeted on Sunday that inflation is most hurtful to the least affluent in the […]
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Amazon’s Bezos criticizes Biden over inflation tweet
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos took aim at President Joe Biden on Friday over a tweet that said inflation could be brought down by taxing wealthy corporations. Biden earlier in the day tweeted: […]
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‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U.S. consumer is alive and well. They’re shopping, they’re buying, they’re paying their loans, at least to Affirm quite well. Generally speaking, things are going according to […]
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Historic tech sell-off is a ‘generational buying opportunity’ for the ‘right’ stocks, says analyst Dan Ives
The tech-sell off is not the second dot-com bubble — it’s a “buying opportunity” for the right stocks, according to Wedbush Securities’ Dan Ives. “We view this historic sell-off as more of a generational buying opportunity for the right tech names/ winners in 2023 and 2024 rather than a time to throw in the towel […]
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Salesforce tells employees worried about abortion access that it will help them relocate
CEO of Salesforce Marc Benioff attends a meeting with U.S. President Joe Biden and private sector CEOs in the State Dining Room of the White House on January 26, 2022 in Washington, DC. Drew Angerer | Getty Images Salesforce told employees in a Slack message on Thursday that the company will help them relocate if […]
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Jim Cramer says investors shouldn’t allow a tumultuous market prevent them from finding ‘better opportunities’
CNBC’s Jim Cramer on Thursday said that while investors should tread carefully as the stock market continues to be stormy, they also shouldn’t be afraid to make moves to strengthen their portfolios. “We want to be very careful to buy stocks with stories that can handle a slowdown. … A good portfolio manager never sells […]
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street. Source
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