Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut bets
Tag: Amazon
AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions and improve safety.
Read More AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
Walmart Shifts To India For Cheaper Imports
In a move to save on costs, Walmart is importing more goods to the United States from India instead of China.
Read More Walmart Shifts To India For Cheaper Imports
Amazon Remote Workers: Employees Who Don’t Return To Office May Not Get Promoted
Amazon says they are not going to offer promotions to employees who do not comply with their return-to-office mandate.
Read More Amazon Remote Workers: Employees Who Don’t Return To Office May Not Get Promoted
Jeff Bezos Is Leaving Seattle For Miami
Billionaire Jeff Bezos is reportedly leaving Seattle, Washington, for sunny Miami, Florida.
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FTC Sues Amazon For Illegally Maintaining Monopoly Power
The Federal Trade Commission (FTC) and 17 state attorneys general have filed an antitrust lawsuit against the E-commerce company, Amazon.
Read More FTC Sues Amazon For Illegally Maintaining Monopoly Power