Tag: AMZN

Here’s everything new to Amazon Prime Video in November 2021

Amazon Prime Video is dropping its biggest original series of the year in November, along with some returning favorites and a solid slate of movies. “The Wheel of Time” (Nov. 19) is the big-budget series adaptation of the best-selling fantasy novels by Robert Jordan that Amazon AMZN, -2.90% hopes can be its own version of […]

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Holiday earnings forecasts have been lumps of coal so far, and here come the biggest ones

Holiday earnings forecasts are disappointing investors so far, and the biggest boxes under Wall Street’s tree are coming this week. So far in earnings season, a dozen S&P 500 SPX, -0.11% companies have issued earnings guidance, and eight of them have come in lighter than expected. Investors have punished those companies — such as Intel […]

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A California investment firm went from near ruin to managing over $100 billion: Its turnaround may offer solutions to the ‘Great Resignation’

An earlier version of this article included the incorrect year of death of one of WCM’s key partners. The error has been fixed. The story also clarifies details related to the company’s late-1990s buyout when it had $200 million in assets under management. Portfolio managers Peter Hunkel, Paul Black, Mike Trigg, and Sanjay Ayer of […]

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Amazon-backed EV company Rivian files for IPO

Rivian Automotive Inc., which is working on electric delivery vans for Amazon.com Inc. in addition to electric trucks for consumers, filed for an initial public offering Friday. Rivian launched the R1T, an electric pickup truck meant for consumers, in September. The company said in its filing with the Securities and Exchange Commission that it intends […]

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Amazon warehouse workers facing quotas protected by new California law

California has become the first state in the nation to regulate working conditions related to quotas at Amazon.com Inc. warehouses. Gov. Gavin Newsom signed Assembly Bill 701 on Wednesday. The new law, which will take effect at the beginning of next year, would make it illegal for companies such as Amazon AMZN, +1.09% to punish […]

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Jeff Bezos pledges $1 billion toward preserving 30% of Earth’s land and sea

Jeff Bezos on Monday pledged to give $1 billion to global conservation efforts, as part of a $10 billion effort to battle climate change. In a statement, the Bezos Earth Fund said the $1 billion will play a key role in carrying out the “30×30” commitment — protecting 30% of the planet’s land and sea […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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