Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets

Amazon stock is getting bludgeoned following a downbeat earnings report. In Thursday after-hours trading, the stock dropped as much as 10%, making for one of its worst earnings losses in years: And with Amazon’s latest stumble, that means another thing: Microsoft’s amazing year continues. Last month, it unexpectedly became the world’s most valuable company, dethroning […] The post Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets appeared first on CCN.com

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Jeff Bezos and Elon Musk’s Space Showdown

Watch Will’s analysis on the founder of Blue Origin & Amazon, Jeff Bezos’ plans to launch around 3,200 low-orbit satellites which will provide fast and accessible broadband to the masses and how it increases the space battle competition for the founder of Tesla, Elon Musk. Make sure to subscribe CCNMarkets on Youtube: https://bit.ly/2Kvn6xn The post Jeff Bezos and Elon Musk’s Space Showdown appeared first on CCN Markets

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Walmart In-Home Delivery a Security Threat and Amazon Knock-Off

By CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes. But that’s exactly what the Bentonville, Ark. behemoth is planning to do in a bid to take on Amazon in the burgeoning home-delivery market. It is pure madness. But will it work? Anyone Want Walmart Employees in Your Home? Walmart is going to launch refrigerator deliveries in Kansas City, Missouri, Pittsburgh, and Vero Beach, Fla.…

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Amazon ‘Momazonians’ Demand Free Childcare by Confronting Jeff Bezos

Self-proclaimed “Momazonians,” a group of roughly 1,800 female Amazon employees, are demanding that the company provide them with backup daycare, and they’re taking their protest straight to the desk of CEO Jeff Bezos. ‘Momazonians’ Organize to Demand that Amazon Provide Employee Childcare Despite startling stats which support a much higher level of engagement and retention for companies listed on the top 100 best companies for working mothers, companies like Amazon still aren’t providing backup daycare. Some argue about whether childcare availability is a hindrance to empowered women in the workplace…

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