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
Tag: E-commerce
Jeff Bezos helping fund U.N. effort to tag methane emitters with data from space
More help on tracking potent Earth-warming methane emissions will come from space, the United Nations said Friday, announcing a satellite-data system funded by Amazon’s Jeff Bezos, the U.S. government and Read more
Inflation is not hurting online sales early in the holiday-shopping season
Consumers so far this holiday season have spent roughly the same online as they did at this time last year, despite concerns that higher prices might crimp demand, Adobe Inc. Read more
These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising Read more
These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising 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
Meta follows Twitter in making major job cuts
From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
Biden anti-hunger plan enlists gig companies — whose workers sometimes go hungry
President Joe Biden’s strategy for ending hunger in the U.S. by 2030 is being funded in part by companies whose own workers sometimes can’t afford to buy food. The Biden Read more
Prop. 30: Millionaire tax to help fund EVs headed for defeat in California
In an apparent loss for ride-hailing giant Lyft Inc., Californians on Tuesday night were on their way to rejecting a ballot measure that would have imposed additional taxes on the Read more
Lyft loses $1.1 billion in market value as stock plunges to all-time low after analyst downgrades
Analysts hailed Uber Technologies Inc. as their ride-sharing preference Tuesday as Lyft Inc. posted quarterly results that indicated it was feeling some pressure from its larger rival, sending Lyft’s shares Read more