Amazon Revenue Slows, and Costs Rise
Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
While the company did better in its first three months of the year than many of its tech peers, it warned that Covid problems in China will be an issue.
Content moderators warn that Elon Musk doesn’t appear to understand the issues that he and the company will face if he drops its guardrails around speech.
The overall figure understates the recovery because inventories needed less rebuilding and consumer spending widened the trade deficit.
Since the Great Recession, the college-educated have taken more frontline jobs at companies like Starbucks and Amazon. Now they’re helping to unionize them.
Public health experts say the proposal could save hundreds of thousands of lives, especially among Black smokers — 85 percent of whom use menthol products.
Manhattan federal prosecutors arrested and criminally charged the owner, Bill Hwang, and his former top lieutenant in one of the highest-profile Wall Street prosecutions in years.
This year’s decline in stock prices follows a historical pattern: “When unemployment is ultra low, the uppity times are behind us,” a bank research chief said.
China’s capital reported 22 cases as it kicked off an ambitious mandatory testing campaign across the city and reassured residents that food and other supplies were plentiful.
The Trump-backed social media app is inundated with phony accounts and features that don’t work. It also hides some posts, including those with curse words.