Tag: Amazon.com Inc

Amazon Names Top 20 Finalists In Second Headquarters Race

Amazon named 20 finalists in the race to win its second headquarters Thursday, narrowing the pool of cities and states competing to secure an expected 50,000 jobs and $5 billion in investment. They are: Atlanta, GA Austin, TX Boston, MA Chicago, IL Columbus, OH Dallas, TX Denver, CO Indianapolis, IN Los Angeles, CA Miami, FL…

Jeff Bezos Surpasses Bill Gates as World’s Richest Person

Amazon.com founder Jeff Bezos has surpassed Bill Gates to become the richest person in the world, Bloomberg News reported. A Thursday morning surge in Amazon’s share price pushed Bezos’ net worth to $90.9 billion, compared to $90.7 billion for Gates. The Microsoft founder had held the top spot on the Bloomberg Billionaire Index since May…

Jobs Report: 211,000 Jobs Added, Unemployment Rate Fell To 4.4%

In April, the U.S. economy added 211,000 jobs and the unemployment rate fell to a new post-crisis low of 4.4%. This is the lowest unemployment rate since May 2007. Wages, which are closely tracked by the Federal Reserve, rose 0.3% month-on-month, as expected. The the annual increase in wages, however, disappointed with wages up just…

Amazon Go Store Is Checkout Free [VIDEO]

Amazon is testing a grocery store model in Seattle that works without checkout lines. Called Amazon Go, shoppers scan their Amazon app when they enter the store, and then sensors register items that shoppers pick up and automatically charge them to the Amazon app. If a shopper puts the item back they aren’t charged. The…