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Amazon

  • Trump Defends Retailers Threatened by Amazon
    Trump Defends Retailers Threatened by Amazon
    April 2, 2018 | By Emel Akan
    WASHINGTON—President Donald Trump has fired a warning shot at Amazon Inc. over the online retail giant’s practices that are driving thousands of retailers out of business as the company increases its competitive advantage through loopholes. Chief among those loopholes was Amazon’s failure in the past to collect state sales taxes. Amazon’s record on this issue […]
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  • Amazon Pays $0 in Taxes Despite Earning $5.6 Billion
    Amazon Pays $0 in Taxes Despite Earning $5.6 Billion
    February 28, 2018 | By Colin Fredericson
    Amazon didn’t pay any taxes on its $5.6 billion in earnings last year. According to the Institute on Taxation and Economic Policy (ITEP), Amazon won’t be paying taxes for 2017 because of tax credits, tax breaks, and executive stock options. The ITEP report says this follows a trend of Amazon paying almost no taxes over […]
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  • Six New Species Of Silky Anteaters Discovered
    Six New Species Of Silky Anteaters Discovered
    February 28, 2018 | By Epoch Video
    Its long been accepted that all six of the silky anteater populations throughout Central and South America are of the same species, but a recent study found that’s not the case. Researchers in Brazil say the various groupings represent at least seven distinct sorts. The effort leading to the new species discoveries began roughly a […]
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  • Trump Fires Warning Shot at Amazon
    Trump Fires Warning Shot at Amazon
    December 29, 2017 | By Jasper Fakkert
    President Donald Trump fired a warning shot at Amazon on Friday, saying the online retail giant should pay much more to have its packages delivered. While Amazon has grown to become the dominant player in the online marketplace, reaching a market cap of nearly $600 billion, the United States Postal Service lost $5.6 billion last […]
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  • US Grocers Face More Than Just Amazon
    US Grocers Face More Than Just Amazon
    December 2, 2017 | By Fan Yu
    On June 15, a new supermarket opened in Virginia Beach, Virginia. Hundreds of shoppers were already waiting in a line that circled the parking lot—similar to a scene outside an Apple store before a new release. As soon as the doors opened, shoppers went into a frenzy, rushing inside to fill their carts with $0.83 cartons […]
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  • Amazon Ships Florida Couple 65 Pounds of Pot in Their Order
    Amazon Ships Florida Couple 65 Pounds of Pot in Their Order
    October 23, 2017 | By Chris Jasurek
    Everyone knows Amazon offers quick convenient shopping and delivery to your door. One couple got a benefit from the online retailer they’d rather have done without. An Orlando, Florida, woman and her fiancé had had good luck ordering off of Amazon, so when they needed some sealable storage bins the internet store seemed the place […]
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  • Trump Targets Amazon Over Sales Tax and Retail Jobs
    Trump Targets Amazon Over Sales Tax and Retail Jobs
    August 23, 2017 | By Emel Akan
    Amazon and its founder Jeff Bezos have been frequent targets of President Donald Trump, who calls the online retail giant a “no-tax monopoly.” On Aug. 16, Trump criticized Amazon again on Twitter, claiming the company is hurting retailers and killing jobs. “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout […]
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  • America’s Best Chain Restaurants Are at Risk of Becoming History
    America’s Best Chain Restaurants Are at Risk of Becoming History
    August 17, 2017 | By Emel Akan
    The golden age of traditional restaurants is coming to an end. Changes in consumer habits, the digital revolution, and the emergence of new delivery platforms have caused a seismic shift in the food service and restaurant industry in the last decade. Once popular casual-dining chains like Applebee’s, TGI Fridays, and Chili’s have been the hardest […]
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  • Apple and Amazon Leave Users in China Exposed
    Apple and Amazon Leave Users in China Exposed
    August 2, 2017 | By Matthew Little
    Apple and Amazon, two of the largest tech companies in the world have silently acquiesced to censorship demands of the Chinese regime’s new cybersecurity law. Amid falling sales in China—its second largest market—Apple has cut virtual private network (VPN) apps from its Chinese Apple store. The apps provided a rare window to free information for […]
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  • Cattle Industry Lags Behind in Addressing Impact on Deforestation
    Cattle Industry Lags Behind in Addressing Impact on Deforestation
    May 16, 2017 | By Tara MacIsaac
    In almost every aisle of the grocery store, you can find products from the palm oil, soy, wood, and cattle industries. Together, these industries are responsible for more than a third of tropical deforestation annually, according to the non-profit organization Forest Trends. While strides have been made by all four industries toward establishing deforestation-free commodity […]
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  • Clouds Gathering Above America’s Shopping Malls
    Clouds Gathering Above America’s Shopping Malls
    May 1, 2017 | By Fan Yu
    Between the dominance of Amazon and department store chain Sears’ march towards possible bankruptcy, it’s easy to conclude that the suburban shopping malls’ days are numbered.
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  • The Internet’s ‘Too Big to Fail’
    The Internet’s ‘Too Big to Fail’
    March 6, 2017 | By Fan Yu
    An accidental typo by an Amazon employee took down a large swath of the internet on Feb. 28. Some websites reported extremely slow load times and others failed to load completely.
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  • The Tax Loophole Behind Amazon’s Rapid Growth
    The Tax Loophole Behind Amazon’s Rapid Growth
    February 23, 2017 | By Emel Akan
    Ever wonder how online retailer Amazon can compete with everybody on price? It’s not just about economies of scale. For many years, Amazon enjoyed a competitive advantage by avoiding the collection of sales tax in many U.S. states. The company became the world’s largest online retailer thanks partially to its sales tax strategy and to subsidies […]
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  • Amazon Removes Hundreds of One-Star Amazon Reviews of Megyn Kelly Book
    Amazon Removes Hundreds of One-Star Amazon Reviews of Megyn Kelly Book
    November 23, 2016 | By Jack Phillips
    Amazon apparently removed hundreds of one-star ratings for Fox News host Megyn Kelly’s new book. The Los Angeles Times reported that more than 100 negative reviews of Kelly’s “Settle For More” appeared on the online retail giant’s site within hours of its release Tuesday. The newspaper reports many of the negative comments came from a […]
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  • Pocket US Constitution Becomes Best-Seller After Speech
    Pocket US Constitution Becomes Best-Seller After Speech
    July 31, 2016 | By Associated Press
    LOS ANGELES—A pocket version of the U.S. Constitution has become a best-seller on Amazon.com. The 52-page pamphlet printed by the National Center for Constitutional Studies sells for $1 and was in the Top 10 best-selling books on Amazon on Saturday afternoon. The site produces an hourly list of its best sellers. The Constitution emerged as […]
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  • Amazon Gets Green Light From UK to Test Drone Delivery System
    Amazon Gets Green Light From UK to Test Drone Delivery System
    July 27, 2016 | By Emel Akan
    Amazon announced on July 25 that it has formed a partnership with the UK government to explore and test new drone delivery systems in the UK. The partnership is considered a breakthrough for Amazon, which has been struggling with regulatory hurdles in the United States. Amazon’s drone delivery service, known as Prime Air was first made […]
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  • Amazon: Bank to the Future?
    Amazon: Bank to the Future?
    July 27, 2016 | By Emel Akan
    A plethora of fintech (financial technology) startups are disrupting traditional finance by offering alternative, cheaper, and more convenient financial services. But what about established tech giants like Amazon? Can they have a significant role in disrupting the banking system? The most powerful American tech companies, GAFA (an acronym for Google, Apple, Facebook, and Amazon), also entered […]
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  • Amazon’s Jeff Bezos Gets Cameo in New ‘Star Trek’ Film
    Amazon’s Jeff Bezos Gets Cameo in New ‘Star Trek’ Film
    July 16, 2016 | By Associated Press
    LOS ANGELES—Amazon founder Jeff Bezos got to live out every Trekkie’s fantasy by playing an alien in the new “Star Trek” movie. Bezos is listed in the credits for “Star Trek Beyond,” the third installment of the rebooted sci-fi franchise. In interviews Friday, producer J.J. Abrams and director Justin Lin confirmed his appearance in the […]
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  • More Than 500,000 Hoverboards Recalled Due to Fire, Explosion Risk
    More Than 500,000 Hoverboards Recalled Due to Fire, Explosion Risk
    July 6, 2016 | By Denisse Moreno
    The "Made in China" lithium-ion battery packs in the hoverboards may overheat and can cause the products to produce smoke, catch fire and/or explode.
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  • Amazon’s Jeff Bezos Pours $3 Billion Into India
    Amazon’s Jeff Bezos Pours $3 Billion Into India
    June 9, 2016 | By Petr Svab
    Amazon Chief Executive Jeff Bezos announced on June 7 he’ll invest another $3 billion in Amazon’s business in India. That’s on top of the $2 billion investment he already committed, Reuters reported. India is the world’s ninth largest economy, with gross domestic product lower than Italy, but higher than Russia, according to 2014 World Bank numbers. […]
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  • Google Offices in France Raided for Tax Fraud and Money Laundering Evidence
    Google Offices in France Raided for Tax Fraud and Money Laundering Evidence
    May 24, 2016 | By Denisse Moreno
    French authorities raided Google’s Paris offices looking for tax fraud or money laundering evidence, officials said on May 24.
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  • Amazon Launches Restaurant Delivery in New York and Dallas
    Amazon Launches Restaurant Delivery in New York and Dallas
    May 17, 2016 | By Giuliana Manca
    Amazon.com is extending their restaurant delivery service to Dallas and certain parts of New York. Starting May 17, Dallas residents can order from of over 50 restaurants. Manhattanites can choose from over 350 restaurants spanning across the borough, from Harlem to the Financial District. Additionally, Le Pain Quotidien has opted for Amazon Restaurants to be its “premier delivery […]
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  • Trump Accuses Jeff Bezos of Politically Shielding Amazon From Taxes
    Trump Accuses Jeff Bezos of Politically Shielding Amazon From Taxes
    May 13, 2016 | By Petr Svab
    "Amazon is getting away with murder, tax-wise," Trump told Fox News on May 12. "He's using The Washington Post for power so that the politicians in Washington don't tax Amazon like they should be taxed."
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  • Amazon Launches YouTube Rival, Will Pay Content Creators
    Amazon Launches YouTube Rival, Will Pay Content Creators
    May 11, 2016 | By Denisse Moreno
    Amazon launches Amazon Video Direct (AVD), a self-publishing platform for video creators on May 10, going head-to-head with YouTube and Vimeo.
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  • How Amazon Convinced You to Pay Up for Shopping
    How Amazon Convinced You to Pay Up for Shopping
    April 30, 2016 | By Associated Press
    Amazon is clearly entering its Prime. Meaning, of course, its $100 annual membership program, now a decade old, which has accomplished the remarkable feat of convincing millions of people to pay an annual fee for the privilege of, well, shopping.
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  • Top 10 Work Places for Millennials
    Top 10 Work Places for Millennials
    April 15, 2016 | By Emel Akan
    The millennial generation, born between 1980 and 2000 are college educated and want to put their degrees to good use. So where do these young people most want to work? According to a survey by YouGov, an online market research firm, millennials would be proudest to work for the technology firm Google. Other tech companies […]
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  • Google, Facebook, and Amazon Would Be Forced to Reveal Tax Haven Activities Under New EU Rule
    Google, Facebook, and Amazon Would Be Forced to Reveal Tax Haven Activities Under New EU Rule
    April 12, 2016 | By Denisse Moreno
    American tech companies like Google, Facebook, and Amazon would be forced to disclose activities in tax havens through a new legislation that the European Commission will introduce on April 12.
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  • Trump Admin Sanctions Russian Oligarchs and Officials Over ‘Malign Activity’ Around the GlobeTrump Admin Sanctions Russian Oligarchs and Officials Over ‘Malign Activity’ Around the GlobeThe United States Treasury Department sanctioned seven Russian oligarchs and 17 top government officials on Friday in response ...Read more
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