Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see if their jobs are affected. Chief Executive Andy Jassy said Thursday that while Amazon AMZN, Read more
Tag: AMZN
U.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly to 222,000 — a low number historically — but layoffs have edged higher in the Read more
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a Read more
What’s next for Kohl’s as CEO departs to join Levi’s?
In a week when its CEO Michelle Gass announced she is leaving to join Levi Strauss & Co., Kohl’s stock is up — but what’s next for the department-store chain? Read more
Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more
Amazon has launched a cost-cutting review focused on unprofitable business units
Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable, according to people Read more
U.S. stocks slip as control of Congress remains unsettled
U.S. equity indexes slipped on Wednesday, following a three day rally, after some poor earnings reports and a slide in major technology stocks, while the results of the mid-term elections Read more
Kohl’s CEO loss is Levi Strauss’s gain, says retail expert
Tuesday’s announcement that Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. is great news for the clothier best known for its blue jeans, according Read more
Opinion: As Netflix and Disney move into ads, will Roku look to sell?
The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
Amazon stock breaks long-term chart support, and the worst may still be to come
Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. Read more