Annie Palmer
World News
White House hits back at Amazon’s Bezos after Biden inflation spat
In this articleAMZNAmazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021.Paul Ellis | ReutersThe White House on Monday hit back at Amazon founder Jeff Bezos after he took a swipe at...
World News
Amazon fires two employees tied to Staten Island union effort
Workers stand in line to cast ballots for a union election at Amazon's JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022.Brendan Mcdermid | ReutersAmazon has fired two employees tied to an organizing campaign ...
World News
EBay and Etsy drop on weak guidance as e-commerce crunch continues
In this articleETSYAMZNAn employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty ImagesEtsy and eBay reported better-than-expected first-quarter results after the bell o...
World News
Amazon and Google just closed out their worst months on Wall Street since 2008
In this articleGOOGLAMZNGetty Images; Chris Ratcliff | Bloomberg | Getty ImagesShares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis.The internet giants both reported weaker-than-expect...
World News
Amazon shares sink 12%, on pace for worst day in at least 8 years
In this articleAMZNAndy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesShares of Amazon dipped as much as 12% on Friday after th...
World News
National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns
National Urban League President and CEO Marc Morial.Getty ImagesTwitter's board of directors should consider rejecting Elon Musk's bid for the social media company because of the harm his ownership could have on users' civil rights, said Marc Morial, p...
World News
Amazon to conduct racial-equity audit led by former Attorney General Loretta Lynch
In this articleAMZNAndy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesAmazon will conduct a racial-equity audit of its hourly w...
World News
Etsy sellers eye forming a union after going on strike
Illustrator Alex Kittle is putting her Etsy shop on "vacation mode" as part of a weeklong strike which has garnered the support of thousands of sellers.Alex KittleIn late February, Kristi Cassidy logged onto Reddit and made a call to action to people w...
World News
Biden pollster GSG is ‘deeply sorry’ for Amazon anti-union work as labor groups abandon it
In this articleAMZNAmazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021.Brendan Mcdermid | ReutersTop labor groups and political action committees are distancing themselves from a major Democratic ...
World News
Andy Jassy says he doesn’t own bitcoin, says Amazon could one day sell NFTs
In this articleAMZNAmazon CEO Andy Jassy told CNBC on Thursday he doesn't own any bitcoin or nonfungible tokens, but that he's optimistic about the future of cryptocurrencies and NFTs."I don't have bitcoin myself," Jassy told CNBC's Andrew Ross Sorkin ...
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Bribes for visas case: Know the charges filed against Karti Chidambaram after CBI raids
Congress MP Karti Chidambaram remains in deep trouble after the Central Bureau of Investigation (CBI) files a list of charges against him, soon after conducting continuous raids in the political leader’s home and office locations across Delhi, Chennai,...
World News
China’s new home prices fall for the first time since December
Average new home prices in 70 major cities fall 0.2 percent on a month-on-month basis after flatlining in March.China’s new home prices in April fell for the first time month-on-month since December, official data showed on Wednesday, depressed by stri...
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Chethana Raj death: Case registered against hospital for medical negligence
Chethana Raj, a 21-year-old Kannada actress breathed her last while undergoing fat removal surgery in Bengaluru on Monday, March 16. In a further development, a medical negligence case has been registered against Dr. Shetty's Cosmetic Clinic in Rajajin...
World News
Trump-backed Rep. Madison Cawthorn concedes North Carolina Republican primary race
Rep. Madison Cawthorn speaks before a rally for former U.S. President Donald Trump at The Farm at 95 on April 9, 2022 in Selma, North Carolina.Allison Joyce | Getty ImagesRep. Madison Cawthorn, the scandal-prone freshman lawmaker backed by former Presi...
World News
‘Someone in cockpit’ behind China Eastern plane crash: Report
Boeing 737-800 plunged inexplicably from its cruising altitude into the ground in March, killing all 132 people on board.US investigators believe someone in the cockpit deliberately crashed a China Eastern flight that suddenly plunged to the ground in ...