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Tag Archive | "Amazon"

White House, Senate, McConnell, Schumer Reach Deal on $2-trillion Coronavirus Aid Package

961 CARDINAL NEWS Headlines, News Highlights and Current Events for Wednesday, March 25 2020 NBC Nightly News Tuesday, March 24 2020. Following days of negotiations with Democrats accused of attempting to add unrelated pork to the bill, and Republicans accused of tipping the balance of aid toward big business instead of small business and consumers, […]

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Bloomberg News: Republican Billionaire Paul Singer’s Elliott Management Buys Sizable Stake in Twitter, Seeks to Oust Jack Dorsey

119 CARDINAL NEWS Headlines, News Highlights and Current Events for Saturday, February 29 2020 NBC Nightly News Friday, February 28 2020. Paul Singer targeting Twitter [Google] [Bing] Twitter has been a potential target for activist investors for years, and now Bloomberg News reports that activist investor Elliott Management Corp. has taken a sizable stake in […]

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Amazon Drone Delivery and Prime Air: The Future of Fast Shipping

176 Imagine ordering a new pair of sandals and receiving them at your front door hours later. This is the future with Amazon’s new drone delivery service. Drone delivery is the next step for the world’s largest online retailer, Amazon. These remote-controlled aircraft will be the force behind Prime Air, the Amazon drone initiative that […]

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How Amazon Could Disrupt Health Care and Lower Drug Prices

54 Amazon has been described as the “everything store, ” but it’s missing one major category – prescription medicines. That might soon change, in the wake of Amazon’s roughly $1 billion acquisition of PillPack, an Internet pharmacy. PillPack was acquired by Amazon in the summer of 2018. The acquisition is perceived by analysts as an […]

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Amazon and Whole Foods Dropping Prices and Expanding Prime Member Deals

67 Whole Foods announced Monday it will lower prices on hundreds of items starting Wednesday, April 3, 2019. Whole Foods announced customers will save an average of 20 percent on the new reduced price items with an emphasis of discounts on high quality, peak-of-season produce, such as greens, tomatoes, tropical fruits, and more. Examples of […]

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Whispers of a New Amazon Grocery Chain As Amazon-Owned 365 Stores Will Be Converted Regular Whole Foods Stores

33 Starting with Los Angeles, Amazon.com Inc. is planning to open dozens of grocery stores in several major U.S. cities, according to inside sources. Amazon may have two stores in Los Angeles by the end of the year, and continue to open dozens of stores in U.S. cities. The news come two days after Amazon […]

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CNBC: Is Amazon Killing Kroger? Not So Fast; They’re Fighting Back with Automated Grocery Fulfillment Centers

182 In 2017, Amazon announced its intent to purchase grocery chain Whole Foods. For Kroger this was the latest challenge in the brand’s 136 year old history. Starting in the 1980s and ’90s the brand faced challenges from Walmart. But now Kroger is fighting back as it develops a partnership with Microsoft to take on […]

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Amazon HQ2: Which City Will Win Jeff Bezos’ Heart?

27 As Amazon searches for a location for its new headquarters—dubbed HQ2—cities across the country have been trying to woo the tech giant. At stake: 50,000 jobs and $5 billion in investments. Amazon has been searching for a second headquarters HQ2 since September 2017. Cities with 238 locations submitted their interest. Amazon’s Jeff Bezos and […]

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Teen Hacker “Cosmo the God” Was Busted By The FBI and Now Works for a Company, Advising Other Companies About Cybersecurity

165 Eric Taylor, a former hacker, known as Cosmo the God, says he is now helping companies defend themselves against cybercrime. Eric Taylor, who went by the nickname Cosmo the God, previously posted personal information of celebrities and government officials, including Michelle Obama, former CIA director John Brennan, Kim Kardashian and Tiger Woods. Now he […]

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Why Is President Trump Attacking Amazon? Is It Personal Politics, Not Conservative Economics?

46 FBN’s Stuart Varney on President Trump targeting Amazon. Trump says Amazon is killing Mom and Pop retailers, but Stuart Varney says it was Walmart that closed down Main Street a generation ago. Varney says it’s Amazon CEO Jeff Bezos’ ownership of the Washington Post, which he says is the most virulent attacker of the […]

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Toys “R” Us Considering Closing All of its Stores, According to Industry Reports

69 According to the Wall Street Journal, the store is preparing to abandon efforts at restructuring after filing for Chapter 11 bankruptcy in September, and will liquidate all of its stores. The Wall Street Journal reports that the announcement could come as soon as Monday as there is a bankruptcy hearing in Virginia. According to […]

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Jeff Bezos Donates $33M Scholarship Grant for DACA Students

49 Amazon founder and CEO Jeff Bezos and his wife, MacKenzie, have donated a $33 million scholarship grant to TheDream.US, which is the nation’s largest scholarship program for “Dreamers.” TheDream.Us nonprofit said a $33 million donation from Amazon founder Jeff Bezos and his wife MacKenzie is the largest in the organization’s history and will fund […]

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