Jeff Bezos Is No Longer The Richest Person In The World After Amazon Stock Plunges

·

·

Jeff Bezos Is No Longer The Richest Person In The World After Amazon Stock Plunges

Amazon founder and chief executive Jeff Bezos lost his title as the richest man in the world during after-hours trading on Thursday, after his ecommerce behemoth reported lackluster third-quarter earnings. Amazon shares fell 7% in after-hours trading, …
See Original Article

Barneys close to sale to Authentic Brands after rival bid fails: sources

NEW YORK (Reuters) – Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, people familiar with the matter said on …
See Original Article

Amazon's Profit Hurt by Push to Speed Up Shipping

Amazon.com Inc. ‘s profit machine sputtered again after more than two years of surging growth, weighed down by the tech giant’s heavy investment into reducing shipping times for retail customers. Amazon on Thursday said its third-quarter profit fell 26% from …
See Original Article

SpaceX intends to offer Starlink satellite broadband service starting in 2020

SpaceX will look to launch its Starlink service for consumers sometime next year, SpaceX President and COO Gwynne Shotwell confirmed at a media roundtable meeting at the company’s offices in Washington during the International Astronautical Congress …
See Original Article

Snow on Halloween? Officials say cold temps possible for metro Detroit

Haunted houses, scary movies and shows are the norm this time of year, but another thing that may freak people out this year is that dreaded “S” word: snow. While next week’s forecast is subject to change, the National Weather Service office in White Lake is …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.