Amazon Removes Nazi-Themed Items After Complaints

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(AP) — Amazon says it has removed items with Nazi or white supremacist symbols from its website after criticism from advocacy groups. An Amazon executive said the company blocked the accounts of some retailers and might suspend them. Democratic U.S. Rep. Keith Ellison of Minnesota complained to Amazon CEO Jeff Bezos last month. The company's […]

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Mark Zuckerberg Tops Warren Buffett to Becomethe Worlds Third-Richest Person

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Facebook Inc. co-founder Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the

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Trump Spouse-Visa Shift May Hurt Workers, Push 100,000 From Jobs

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U.S. President Donald Trump’s plan to ban spouses of high-skill visa holders from working will likely push 100,000 people out of jobs and negatively affect the visa holders and their employers, according to a new research study. The Trump Administration has been tightening the rules for H-1B visas, which allow foreign workers to take jobs […]

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Heres Why Trump Went Postal on Amazon

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The Amazon blame game took another turn on Thursday, when President Donald Trump spun the wheel back around to the U.S. Postal Service.  Source: U.S. Postal Service U.S. mail is also required to cover every American, employing carriers who roam neighborhoods six days a week (or seven, if Amazon has a package ready). The Postal Service has […]

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JPMorgan Brings Amazons Alexa to Wall Street Trading Floors

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Voice-activated assistant can now send reports from analysts Other firms such as New York Life using it to help employees asked the bank to compete in creating new products including a small-business credit card for its customers. The companies are also collaborating on a health-care venture.

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Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company

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It’s no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too. News Tuesday that Bezos’s Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co., led by Dimon, plan to join forces to change how health care is provided to […]

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Wal-Mart to Cut Thousands of Store-Management Roles

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A day after embarking on a pay hike, Wal-Mart Stores Inc. is taking steps to shake up management at thousands of its stores. The world’s biggest retailer is removing about 3,500 store co-managers, a salaried role that acts as a lieutenant underneath each store manager, according to people familiar with the move. It’s also adding about […]

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Trump Takes On Amazon Again, Urging Much More in Postage Fees

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President Jeff Bezos, who also owns the Washington Post newspaper and is currently the world’s   $62 Billion Loss The Postal Service reported a net loss of $2.1 billion in the third quarter of 2017 and has $15 billion in outstanding debt. The service has lost $62 billion over the last decade. USPS’s chief financial […]

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Target to Buy Shipt for $550 Million in Challenge to Amazon

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Target Corp. agreed to purchase grocery-delivery startup acquired software company Grand Junction, which also manages local and same-day deliveries. Target now offers same-day delivery in New York City and can send orders from 1,400 of its stores. Competition in this space is growing fiercer, though, as rivals Wal-Mart Stores Inc. and Best Buy Co. also […]

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A Manager of $42 Billion Fears Bubble in World’s Biggest Stocks

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The world’s biggest companies could be hiding the biggest risks. That’s because companies such as Amazon.com Inc. and Alibaba Group Holding Ltd are overvalued, according to Robert Naess, who manages about $42 billion in stocks at Nordea Bank AB, Scandinavia’s largest bank. “I’m a bit worried about the valuation of these very popular companies,” Naess, […]

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