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| April 21, 2018

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Amazon Just Shared a Secret Number

April 19, 2018 |

After years of speculation, Jeff Bezos finally disclosed the number of Amazon Prime subscribers Wednesday, and it was a big, round one: The CEO said in a letter to shareholders that the service now has at least 100 million subscribers, CNBC reports. He said the company shipped more than 5…
Newser

Amazon Prime reaches more than 100 million members, CEO Jeff Bezos says

April 18, 2018 |

Amazon.com Inc. Chief Executive Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet “ever-rising” customer expectations.

Bezos noted the milestone in his annual shareholder letter, published Wednesday. The letter is the founder’s…


L.A. Times – Business

Trump’s Criticism of Amazon: It’s Personal

April 6, 2018 |

President’s attacks on e-commerce company stem from its CEO’s ownership of the Washington Post, which the American leader says writes unfair stories about him, say people close to the White House.
WSJ.com: US Business

TMZ

Michael Steele Says Trump’s Amazon Feud is Really About Washington Post

April 3, 2018 |

Former RNC Chairman Michael Steele says he sees right through President Trump’s beef with Jeff Bezos … and says it ain’t about Amazon, it’s just politics and the newspaper Bezos owns. We got the conservative pundit Tuesday in…

TMZ.com

Amazon stock falls after another round of Trump rants

April 3, 2018 |

Amazon.com Inc. stock fell Monday after a fresh round of critical comments from President Trump and a Republican senator.

In his latest Twitter rant Monday, Trump said: “Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will…


L.A. Times – Business

Amazon severs ties with top lobbying firms in Washington

April 2, 2018 |

Amazon.com Inc. cut ties with Washington’s biggest lobbying firm and brought on new advisors following passage of the tax overhaul bill last year and in the face of new challenges in the age of President Trump.

The shake-up occurred March 23, six days before Trump briefly sent Amazon’s stock tumbling…


L.A. Times – Business

Amazon isn’t killing the post office. And Trump’s ability to go after the online giant has limits

April 1, 2018 |

The Amazon blame game took another turn this week when President Trump spun the wheel back around to the U.S. Postal Service. Amazon.com Inc. is a convenient scapegoat for just about any issue. The mail is no different.

Amazon isn’t killing the post office. Since signing a landmark contract in…


L.A. Times – Business

Trump Rips Amazon Again, but Antitrust Case Is a Long Shot

April 1, 2018 |

President Trump’s tweets against Amazon.com have renewed investor concerns about the prospect of antitrust action against the online giant, but targeting it on anticompetition grounds would be difficult, policy experts say.
WSJ.com: What’s News Asia

Trump Rips Into Amazon ‘Scam’ Again

April 1, 2018 |

President Trump trotted out a familiar whipping boy on Saturday, tweeting that Amazon was screwing over none other than the United States Postal Service. “The U.S. Post Office will lose $ 1.50 on average for each package it delivers for Amazon,” he tweeted , adding that “That amounts to Billions…
Newser