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jeff bezos is being called to appear before congress that's right the house judiciary committee says it wants to hear directly from bezos himself about claims that his company misled the committee over its business practices at issue is a report from april 23rd detailing how amazon reportedly uses data from 3rd party sellers to develop its own products well cording to the wall street journal on april 23rd the wall street journal reported the amazon employees used sensitive business information from 3rd party sellers on its platform to develop competing products lawmakers from both parties said in a letter to mr bezos on friday the report was based on interviews with over 20 former or current amazon employees and the company's internal documents well joining us now to discuss is. an investigative journalist ben swan never a dull moment with amazon is there ben let's start with these really what exactly is amazon accused of doing with this seller data. yes so here's the deal with centrally amazon is being accused of taking 3rd party sellers on their web site gathering all kinds of data
jeff bezos is being called to appear before congress that's right the house judiciary committee says it wants to hear directly from bezos himself about claims that his company misled the committee over its business practices at issue is a report from april 23rd detailing how amazon reportedly uses data from 3rd party sellers to develop its own products well cording to the wall street journal on april 23rd the wall street journal reported the amazon employees used sensitive business information...
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May 1, 2020
05/20
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BLOOMBERG
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do we think that jeff bezos could actually find himself in the hot seat? think it is entirely possible. i think the committee is willing to issue a subpoena. i think you are right. bezos is the big fish you has not gone in. he's the last remaining target. this particular antitrust investigation into big tech has really zeroed in on amazon, google, facebook, apple. bezos is the one who has engaged the least. he clearly does not want to, but the committee is saying we are not going to issue our final report, we are going to keep this investigation going unless you come in. they are at somewhat of a standstill. emily: let's talk a little bit about the progress in these antitrust investigations. we have been in the middle of a pandemic. alphabet ceo, i asked what the status was. she said they are continuing to respond. do you know how aggressively these investigations have been able to move forward, if at all, given the fact that so much of the country is shut down? willi think a lot of this depend on what congress is able to do as a whole when it comes back i
do we think that jeff bezos could actually find himself in the hot seat? think it is entirely possible. i think the committee is willing to issue a subpoena. i think you are right. bezos is the big fish you has not gone in. he's the last remaining target. this particular antitrust investigation into big tech has really zeroed in on amazon, google, facebook, apple. bezos is the one who has engaged the least. he clearly does not want to, but the committee is saying we are not going to issue our...
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jeff bezos we have a few seconds left but i want to get this answer before we we cut the segment jeff bezos he's never been called to testify before congress before we've seen jack dorsey do what we've seen. from facebook at the right what are the chances he's going to show up well then the chances are very good that will show up because when this essentially request was sent to him it was not an invitation i want to read you real quick it says the invitation to talk to congress was not a request this is a quote from jerry navl he says although we expect that you will testify on a voluntary basis the committee will resort to compulsory process such as a subpoena if necessary so there's no question there he'll have to show up so let's co-host bent on thank you. so there are things. in the wake of a nearly global lock down it's a question many of us will soon be asking when at the grocery store where's the beef but it's not just be shortages we're looking at now the world health organization is now warning of other possible food shortages in some countries well here to talk more about t
jeff bezos we have a few seconds left but i want to get this answer before we we cut the segment jeff bezos he's never been called to testify before congress before we've seen jack dorsey do what we've seen. from facebook at the right what are the chances he's going to show up well then the chances are very good that will show up because when this essentially request was sent to him it was not an invitation i want to read you real quick it says the invitation to talk to congress was not a...
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May 8, 2020
05/20
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MSNBCW
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four because he wants to screw the post office and he doesn't like the fact that they work with jeff bezos the "washington post." >> and real irony here is that if you do damage the post office, that's not going to hurt jeff bezos. i mean amazon now ships their own packages, about 50% of the time, and crushing the post office is really going to up the game, both in logistics operation at amazon and also fed ex and u.p.s., so the only people of this who will hurt are the hundreds of thousands of employees at the u.s. postal service. we're not just talking about some government agency. this is the second largest employer in the united states, and to, you know, threaten the very livelihoods over just this vendetta, that you have, that you don't really even understand, because what you want to do, isn't going to really affect the animus that you have is really just abominable. >> so we should also say, i mean you know this, that the right has had it out for the post office for a while, right? and the sort of structure has been changed over time. there's congressional legislation that requires
four because he wants to screw the post office and he doesn't like the fact that they work with jeff bezos the "washington post." >> and real irony here is that if you do damage the post office, that's not going to hurt jeff bezos. i mean amazon now ships their own packages, about 50% of the time, and crushing the post office is really going to up the game, both in logistics operation at amazon and also fed ex and u.p.s., so the only people of this who will hurt are the hundreds...
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May 19, 2020
05/20
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ALJAZ
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donald trump has long said it should charge companies like amazon far more about amazon's owner jeff bezos also owns the washington post long a focus of the tax she has written see reports. the trump administration has made no secret of its wish to privatized the united states postal service or u.s.p.s. and wall street has long coveted the u.s.p.s. is profitable revenue streams now there are suspicions about the pandemic may finally provide them with an opportunity to act it's needed in a science of wall street knows it would like the profit from what we call the public commons in the public good of a postal service for decades and decades but it's intensifying under this current president. the u.s.p.s. receives no taxpayer funding and without an emergency $89000000000.00 bailout it says it will be forced to cease operations in a matter of months by comparison the u.s. is private airlines just received a 50 $1000000000.00 bailout package mail has increased but personal and marketing mail has dropped significantly those against the bailout argue that the u.s.p.s. had been in financial troub
donald trump has long said it should charge companies like amazon far more about amazon's owner jeff bezos also owns the washington post long a focus of the tax she has written see reports. the trump administration has made no secret of its wish to privatized the united states postal service or u.s.p.s. and wall street has long coveted the u.s.p.s. is profitable revenue streams now there are suspicions about the pandemic may finally provide them with an opportunity to act it's needed in a...
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May 1, 2020
05/20
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CNBC
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amazon shares sink as jeff bezos warns the retail giant could post a lost. apple ceo tim cook said he won't pretend to provide a positive outlook amid the pandemic. we've got some fresh data on the uk economy the april final manufacturing pmi come in at 32.6, just a touch below the flash at 32.9. broadly within expectations. now the lowest on record a couple of interesting data points the manufacturing pmi output sub index was sub for april. march coming in at 43.9. in terms of new orders, that sub index also the lowest on record. so uk factories suffering the worst month in three decades that is the message from the data provider. the key here was priced into markets given that we had flash numbers, final numbers that we saw early on let's push on to early reaction. we saw that pressure this morning. now looking at the stock ftse 100 down 1.9% following a sharp drop yesterday that index dropped under 3.5% within the benchmark. the stand outperformer better than had been expected sticking to their strategy that allison rose outlined before the pandemic sit t
amazon shares sink as jeff bezos warns the retail giant could post a lost. apple ceo tim cook said he won't pretend to provide a positive outlook amid the pandemic. we've got some fresh data on the uk economy the april final manufacturing pmi come in at 32.6, just a touch below the flash at 32.9. broadly within expectations. now the lowest on record a couple of interesting data points the manufacturing pmi output sub index was sub for april. march coming in at 43.9. in terms of new orders, that...
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May 14, 2020
05/20
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KDTV
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borja: bueno, yo tambiÉn pero desde luego no vamos a quitarle ningÚn mÉrito jeff bezos.uarios. sÓlo tienes que ir a los comentarios, darle un clic a la carita feliz y luego intentas crear tu avatar. en este tiempo de pandemia creo que es un buen momento para que tÚ y yo hagamos los nuestros y los compartamos con la gente de "ediciÓn digital". carolina: me encanta y seguramente que la familia debe estar de acuerdo con esto, en medio de esta pandemia muchÍsima gente, así como yo, no ha ido al salÓn de belleza por mucho tiempo. tambiÉn tienen comentarios a ♪ ♪ cecilia: empleados de la industria de la confecciÓn y costura planean una manifestaciÓn el dÍa de hoy para exigir justicia. yarel: esta apunto de comenzarla entrega de ayuda econÓmica a migrantes indocumentadostras la orden dada por el gobernador gavin newsom. el uso de celulares, televisiÓn y computadoras durante elcoronavirus aumenta las horas durante la pantalla, pero cÓmo afecta a la salud? cÓmo le va? muy buenas tardes. le saluda yarel ramos. estas son las noticia del dÍa en ediciÓn digital california.
borja: bueno, yo tambiÉn pero desde luego no vamos a quitarle ningÚn mÉrito jeff bezos.uarios. sÓlo tienes que ir a los comentarios, darle un clic a la carita feliz y luego intentas crear tu avatar. en este tiempo de pandemia creo que es un buen momento para que tÚ y yo hagamos los nuestros y los compartamos con la gente de "ediciÓn digital". carolina: me encanta y seguramente que la familia debe estar de acuerdo con esto, en medio de esta pandemia muchÍsima gente, así como...
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May 4, 2020
05/20
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BLOOMBERG
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somehow, jeff bezos has avoided the congressional hotseat. do you think this will actually happen? that conventional wisdom is now that the house is invoking potential use of subpoena power, there is not a lot amazon can do to fight that if the committee is determined to get him to testify. i think it has been a bit of luck that amazon has not been dragged before. i think some people would acknowledge they have had some good fortune missing some of the tech backlash on capitol hill but they are under the gun right now after that report of potential misuse of individual seller data by the milwaukee journal. emily: all right. i know you are continuing to follow all of that for us. matt day on amazon. thank you so much. just want to recap. wework has lines coming in. former ceo and founder adam neumann is now suing softbank over a canceled stock deal. softbank had agreed to buy $3 billion in wework shares. softbank is now being accused of reneging on that deal. the independent directors of the we company, the parent company of wework, have already sued softbank. this is something we a
somehow, jeff bezos has avoided the congressional hotseat. do you think this will actually happen? that conventional wisdom is now that the house is invoking potential use of subpoena power, there is not a lot amazon can do to fight that if the committee is determined to get him to testify. i think it has been a bit of luck that amazon has not been dragged before. i think some people would acknowledge they have had some good fortune missing some of the tech backlash on capitol hill but they are...
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May 1, 2020
05/20
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BBCNEWS
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that's why the company's boss jeff bezos told investors to ta ke jeff bezos told investors to take a's long—term prospects will understand why it needs to spend the money now. and some a nalysts say spend the money now. and some analysts say while amazon has shown just how important e—commerce is in moments like this, other internet retailers could be creeping up. zoe thomas, bbc news, san francisco. joining me now from seattle is frank kochenash from wunderman thompson commerce usa — which is an e—commerce consultancy. frank is also a former amazon employeethe boom in sales has further added to bezos's enormous wealth. a lot of people are staying at home and ordering but not making as much money. the revenue accelerated and is testa m e nt to revenue accelerated and is testament to the value people put on amazon's services but the sales growth was very costly. there were two factors that drive the costs. a mix of being more skewed towards consumables and essentials products which are typically at a lower premium price and lower margin and the increased cost of fulfilling those produ
that's why the company's boss jeff bezos told investors to ta ke jeff bezos told investors to take a's long—term prospects will understand why it needs to spend the money now. and some a nalysts say spend the money now. and some analysts say while amazon has shown just how important e—commerce is in moments like this, other internet retailers could be creeping up. zoe thomas, bbc news, san francisco. joining me now from seattle is frank kochenash from wunderman thompson commerce usa —...
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May 9, 2020
05/20
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CSPAN2
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the line from jeff bezos and there's a moment inside amazon where he is speaking to the whole company and someone gives him this precommitted economy and then what does day two look like? and base sew re -- bezos reads the with with this menace i would that makes the entire company start laughing and then in seattle and just don't ask bezos what day two looks like are he says it's stasis followed by paralysis and long painful decline followed by death and that's why -- that's why it's always day one. so when i first heard this i was like, bezos is just telling amazonians to work flee nights and weekends and holidays and saying goodbye to thanksgiving and christmas. you're ours now and the second you take your foot off the gas pedal it's day two and you're toast. about it's different. the more it reported offend the whole idea of day one is a mentality. these companies approach each day as if it's their first with little regard for legacies. a lot of companies get attached to what got them and then do nothing put focus on that. and i think that was the tech giants have done very well i
the line from jeff bezos and there's a moment inside amazon where he is speaking to the whole company and someone gives him this precommitted economy and then what does day two look like? and base sew re -- bezos reads the with with this menace i would that makes the entire company start laughing and then in seattle and just don't ask bezos what day two looks like are he says it's stasis followed by paralysis and long painful decline followed by death and that's why -- that's why it's always...
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stuart: i will be interested to see if jeff bezos appears.ee about that and stock is down by the way. now this. >> we were supposed to be a 1-2 punch, they went after franco went after me, tried to blackmail flynn, back mail me, then they threatened flynn's son. he sacrificed himself or his son for a crime he didn't commit. flynn and the president want a reorganization to reform it and streamline those. stuart: they tried to stop him doing that. look who is here now, judge andrew napolitano. it was peter stzrok who kept the persecution of general flynn going which is an outrage, way and please. >> it is a gross abuse of power. between peter struck ordering the investigation to continue after the fbi agents who interrogated general flynn four days into donald trump's presidency concluded that he had not lied to them decided to shut the investigation down and the notes released yesterday by a formerly high-ranking fbi official of the meeting with jim comey weighing the pros and cons of getting flynn, getting fired and targeting him and prosecut
stuart: i will be interested to see if jeff bezos appears.ee about that and stock is down by the way. now this. >> we were supposed to be a 1-2 punch, they went after franco went after me, tried to blackmail flynn, back mail me, then they threatened flynn's son. he sacrificed himself or his son for a crime he didn't commit. flynn and the president want a reorganization to reform it and streamline those. stuart: they tried to stop him doing that. look who is here now, judge andrew...
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May 1, 2020
05/20
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BLOOMBERG
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we heard from jeff bezos yesterday. they say this is a pretty -- period. the ontime retailer may incur loss. -- online retailer may incur loss. let's get to alex webb. alex, great to have you on the program. if you look at amazon, this is kind of counterintuitive. how much of a struggle is it to make money in this environment? they run quite a tight -- timeterms of close margins. despite a bump in the wrong direction, that could send them in the negative territory. they still have the advantage of a huge buffer in the form of services and cloud computing services. investment on supplying people during the virus. investorsin the past, would have been ok with earnings similar to what we heard. is this time a difference? alex: yes, i think so. historically, amazon investors --e been trained to realize they should be looking topline growth number and amazon to demonstrate its ability to flip the switch and turned that loss and profit. the ability to generate is a question the long-term, but what we are seeing right now is different from the past. previously, i
we heard from jeff bezos yesterday. they say this is a pretty -- period. the ontime retailer may incur loss. -- online retailer may incur loss. let's get to alex webb. alex, great to have you on the program. if you look at amazon, this is kind of counterintuitive. how much of a struggle is it to make money in this environment? they run quite a tight -- timeterms of close margins. despite a bump in the wrong direction, that could send them in the negative territory. they still have the advantage...
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May 11, 2020
05/20
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CNBC
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a solid senior executive and maybe -- maybe he'd be groomed to take over more than just that on jeff bezosdo you think of that combination given you're the only member on the panel that has a pinterest page >> no, i know i'm the only member on the panel. i was an early adapter to pinterest. dan beat me to the punch but he's 100% right. amc is a rounding error, the risk reward at this point is -- it's amazing for amazon. you're talking about an amc which has a market cap of less than 700 million or so dollars right here, if it works, it's great, if it doesn't, nobody remembered in five years that's the position that amazon finds themselves in, good for jeff bezos, bad for the rest of the world and the folks in hawkins, indiana once again. it's a stranger things show, i tell you amazon's the vine crawling under the real world it's incredible what goes on here >> i'm going to have to brush up on my stranger things trivia >> yes >>> we will tell you about the big battle brewing between elon musk and the state of california >>> and later, cisco gearing up for earnings this week, why options tra
a solid senior executive and maybe -- maybe he'd be groomed to take over more than just that on jeff bezosdo you think of that combination given you're the only member on the panel that has a pinterest page >> no, i know i'm the only member on the panel. i was an early adapter to pinterest. dan beat me to the punch but he's 100% right. amc is a rounding error, the risk reward at this point is -- it's amazing for amazon. you're talking about an amc which has a market cap of less than 700...
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May 12, 2020
05/20
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BLOOMBERG
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spencer: jeff bezos has never been one to jump in the line of fire.n he does up princes come a likes to talk about -- when he does appearances, he likes to talk about exploring space or doing deliveries by drone. it seems like dave clark has been tapped for that role right now. it could change because there appearands for bezos to before antitrust committees, looking into amazon for other reasons. but there is obviously more interest in him up hearing and answering questions more so than answeringearing and more questions than he has done historically. emily: to be fair to amazon, walmart has not given these numbers up. there has been a huge outbreak in the meatpacking industry. it is not as if amazon is alone. what do we know about the numbers? thater: they are saying the numbers are not in any way higher than the surrounding communities. but, again, they are not giving the raw numbers of people can double check that. emily: bloomberg's spencer soper, thank you for joining us. coming up, we will be talking to the ceo of eventbrite, the company that h
spencer: jeff bezos has never been one to jump in the line of fire.n he does up princes come a likes to talk about -- when he does appearances, he likes to talk about exploring space or doing deliveries by drone. it seems like dave clark has been tapped for that role right now. it could change because there appearands for bezos to before antitrust committees, looking into amazon for other reasons. but there is obviously more interest in him up hearing and answering questions more so than...
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May 19, 2020
05/20
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ALJAZ
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other internet companies and every time they bring a package they lose money on it that amazon jeff bezos also owns the washington post hasn't gone unnoticed trump makes no secret of his hatred of that paper's coverage of his presidency it's kind of a weird terribly perfect storm where you have the new chairman and other longstanding conservatives trying to achieve their goal of cutting bills you know public service isn't privatizing the postal service and all of this mixed in with trump's seemingly just personal vendetta against jeff bezos washington post and by extension amazon presidential candidate joe biden would want this question whether u.s.p.s. funding is being withheld to make voting by mail as difficult as possible in november the fundamental issue there is whether market forces be allowed to encroach on a service that guarantees delivery of mail to $160000000.00 households wherever they are for a flat fee and it is a stark choice for the trumpet ministration isn't willing to take responsibility for the cessation of the postal service just when the public and especially those i
other internet companies and every time they bring a package they lose money on it that amazon jeff bezos also owns the washington post hasn't gone unnoticed trump makes no secret of his hatred of that paper's coverage of his presidency it's kind of a weird terribly perfect storm where you have the new chairman and other longstanding conservatives trying to achieve their goal of cutting bills you know public service isn't privatizing the postal service and all of this mixed in with trump's...
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May 27, 2020
05/20
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FOXNEWSW
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at the moment, elon musk, richard branson, jeff bezos, billionaires. where else in the world can you take the ingenuity of the mind and focus it like a laser on a rocket for a new era? >> to torture a metaphor, the old adage that the sky's the limit in america. isn't that what this is proving? the sky is not the limit. we can go above the skies. that's what competition, capitalism, entrepreneurialism, that's what it's all about. competing who can do it bigger, better, best most reasonable cost. these are the innovations that make us great. i was listening to a lecture about how brave it was when columbus came across in 1492 and the perils that his crew went through on the ocean. that's the marvel of exploration. you don't know what's on the other side. you don't know how risky it is but there are brave souls saying i'm doing it anyway, and that is the american spirit. it's a wonderful thing particularly here in corona to keep that in mind. >> bill: one president obama made the decision to retire the shuttle program, i think republicans were critical. w
at the moment, elon musk, richard branson, jeff bezos, billionaires. where else in the world can you take the ingenuity of the mind and focus it like a laser on a rocket for a new era? >> to torture a metaphor, the old adage that the sky's the limit in america. isn't that what this is proving? the sky is not the limit. we can go above the skies. that's what competition, capitalism, entrepreneurialism, that's what it's all about. competing who can do it bigger, better, best most reasonable...
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May 15, 2020
05/20
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KGO
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because it's jeff bezos, y'all. he's worth $145 billion today.e last five years, he's on track to hitting trillionaire status by 2026. >> o the news comes as amazon has reportedly confirmed it's going to stop paying its warehouse workers that extra $2 an hour in coronavirus hazard pay starting in june. alexa? can you break that down for me? >> a lot of things can happen between now and 2026. >> that is true. >> there could be another divorce that splits it all up again. there could be a number of things that could happen, we don't know. we don't know. but a trillionaire. >> a trillionaire. >> you can see why there's so many things that are controversial about that, with no hazard pay, to the fact that income inequality -- you know what, it's "the skinny," we're going to keep it light, everybody. >> how do you feel that your amazon prime membership has contributed to that slightly? >> you know how we're going to keep it light, mona? we're not answering that. we're going to talk about that papa john's guy who's only worth a measly $1 billion or so.
because it's jeff bezos, y'all. he's worth $145 billion today.e last five years, he's on track to hitting trillionaire status by 2026. >> o the news comes as amazon has reportedly confirmed it's going to stop paying its warehouse workers that extra $2 an hour in coronavirus hazard pay starting in june. alexa? can you break that down for me? >> a lot of things can happen between now and 2026. >> that is true. >> there could be another divorce that splits it all up again....
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May 22, 2020
05/20
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CSPAN2
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jeff bezos, the line comes from jeff bezos and there's this moment inside amazon where he speaking to the whole company and silicates in this priesthood question, what does day to look like? bezos goes in front of the whole company of reach the question we do with the sort of menacing way that makes entire company start laughing, like their into serving in seattle. you just don't ask bezos what they too looks like. he said they too is followed by paralysis followed by long painful decline followed by death. that's why it's always day one. when it first for this i was like bezos is just telling amazonian to work through nights and weekends and holidays, say goodbye to thanksgiving and christmas. you are is now and the second to take your foot off the gas pedal it day to end your toes. but actually it's different. the more i report on it the more i started realizing the solidity of day one is a mentality which is these companies approach each day as it is the first. with little regard to the legacy. a lot of companies will get attached to what got them there and then do nothing but focu
jeff bezos, the line comes from jeff bezos and there's this moment inside amazon where he speaking to the whole company and silicates in this priesthood question, what does day to look like? bezos goes in front of the whole company of reach the question we do with the sort of menacing way that makes entire company start laughing, like their into serving in seattle. you just don't ask bezos what they too looks like. he said they too is followed by paralysis followed by long painful decline...
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May 19, 2020
05/20
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ALJAZ
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donald trump has long said it should charge companies like amazon far more but amazon's i know jeff bezos also owns the washington post long a focus of trump's attacks she have a ton of the reports. the trump ministration has made no secret of its wish to privatized the united states postal service or u.s.p.s. and wall street has long coveted the u.s.p.s. is profitable revenue streams now there are suspicions of that the pandemic may finally provide them with an opportunity to act it's been in the sights of wall street knows it would like the profit from what we call the public commons in the public good of a postal service for decades and decades but it's intensifying under this current president. the u.s.p.s. receives no taxpayer funding and without an emergency $89000000000.00 bailout it says it will be forced to cease operations in a matter of months by comparison the u.s. is private allan's just received a 50 $1000000000.00 bailout package mail has increased but personal and marketing mail has dropped significantly those against the bailout argue that the u.s.p.s. had been in financi
donald trump has long said it should charge companies like amazon far more but amazon's i know jeff bezos also owns the washington post long a focus of trump's attacks she have a ton of the reports. the trump ministration has made no secret of its wish to privatized the united states postal service or u.s.p.s. and wall street has long coveted the u.s.p.s. is profitable revenue streams now there are suspicions of that the pandemic may finally provide them with an opportunity to act it's been in...
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May 1, 2020
05/20
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CNBC
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you may want to take a seat for this one so says jeff bezos and share holders selling stock. this morning, apple pulling guidance calling right now the most challenging environment it has ever operated in the ceo does say there is hope the department of justice reportedly now taking a closer look at potential fraud. boeing saying, no thank you to the government bailout taking matters into its own hands it is friday, may 1, 2020, here on cnbc. >> good morning, good afternoon, good evening and welcome i'm brian sullivan thank you for joining us on this friday and applicant's 427 days are now over it is may 1 but stocks are looking weak to start the month. futures are off sharply 450 on the dow as president trump threatened new tariffs on china partly because of the retaliation on the coronavirus pandemic and what he views as misinformation all of this as the s&p and the dow closed out their best month in 33 years. the nasdaq, their best in 20 shares of apple are under pressure this friday seeing weak iphone sales around the pandemic but services did surge as everybody is sittin
you may want to take a seat for this one so says jeff bezos and share holders selling stock. this morning, apple pulling guidance calling right now the most challenging environment it has ever operated in the ceo does say there is hope the department of justice reportedly now taking a closer look at potential fraud. boeing saying, no thank you to the government bailout taking matters into its own hands it is friday, may 1, 2020, here on cnbc. >> good morning, good afternoon, good evening...
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May 15, 2020
05/20
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KPIX
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distancing. >>> of course, the new decade is off to a rough start for most but apparently not for jeff bezos. >> yeah, you might become the world's first trillion air by 2026 according to projections from business platform comparison which seth the dollar by taking the average growth over the past five years and applying it to future years. he is worth an estimated one $43 billion today but it has grown an average of 34% over the past five years. >>> that is a lot of zeros. >> yeah. they will get discount on prime with that. >> i am looking forward to that. thank you, have a great weekend. >>> today, cbs will give us a glimpse at what spending a week looks like and what of the hardest hit hospitals in new york. it is a primetime special called bravery and hope. >> i have never seen this. it is heart wrenching. >>> get me an incubation tray . >> i always have faith and hope. >> we have a full hospital. >> every second is critical. >> you can watch bravery and hope, seven days on the front line tonight at 9:00 right here on kpix 5. >> we are calling our employees back and saying are you ready
distancing. >>> of course, the new decade is off to a rough start for most but apparently not for jeff bezos. >> yeah, you might become the world's first trillion air by 2026 according to projections from business platform comparison which seth the dollar by taking the average growth over the past five years and applying it to future years. he is worth an estimated one $43 billion today but it has grown an average of 34% over the past five years. >>> that is a lot of...
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May 1, 2020
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jeff bezos said investors, take a seat. we are not spending little. we are going big. apple on the other hand added money to their buyback program. they also boost did their dividends. .- boosted their dividends they also did not provide guidance for the next quarter which spooked investors on the apple side. nejra: annmarie hordern in new york. great work. toe sure you stay tuned bloomberg tv and you can catch our special "coronavirus, critical challenge saturday at 2:00 a.m. london time. is expandingeserve its paycheck protection facility and adding additional vendors to provide stimulus. doling out an additional $320 billion after the initial round of nearly $350 billion which was exhausted. the european central bank has moved to ease money market stress since relaxing restrictions. introducing -- to ensure sufficient liquidity. president donald trump is speculating that china may have chosen not to contain the coronavirus. the president said he has seen evidence that a lab in wuhan was the origin and it possibly got out due to a lab mistake. u.s. intelligence offic
jeff bezos said investors, take a seat. we are not spending little. we are going big. apple on the other hand added money to their buyback program. they also boost did their dividends. .- boosted their dividends they also did not provide guidance for the next quarter which spooked investors on the apple side. nejra: annmarie hordern in new york. great work. toe sure you stay tuned bloomberg tv and you can catch our special "coronavirus, critical challenge saturday at 2:00 a.m. london time....
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May 1, 2020
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CNNW
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jeff bezos put out a big warning and it relates telling shareholders that the next quarter can really be challenging saying if you're a shareholder in amazon, you may want to take a seat because he said we're not faking small. putting it into perspective here. under normal circumstances in the coming quarter, amazon would be expected to make $4 billion in operating profit. jeff bezos said they're expected to lose or spend $4 billion or more just figuring out how to manage the coronavirus crisis. so amazon coming out as a winner this quarter could come out as a loser the next quarter. we shall see, natalie. >> alison kosik, thanks so much. >>> even as parts of the economy begin to reopen, things will not be immediately getting back to the normal we want new. take airline travel. four major u.s. air lines say they'll soon require all passengers to wear face coverings while traveling. jetblue, delta, american airlines and frontier will start enforcing their policies over the next two weeks. but the question remains, even with these new policies, when will passengers feel comfortable taki
jeff bezos put out a big warning and it relates telling shareholders that the next quarter can really be challenging saying if you're a shareholder in amazon, you may want to take a seat because he said we're not faking small. putting it into perspective here. under normal circumstances in the coming quarter, amazon would be expected to make $4 billion in operating profit. jeff bezos said they're expected to lose or spend $4 billion or more just figuring out how to manage the coronavirus...
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May 14, 2020
05/20
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emily: would you say the same thing to jeff bezos?azon executives out front, but we have seen less of jeff bezos personally. do we need to hear from the ceo? ms. healey: my office has been in touch with amazon, and i have already called out amazon with some of the problems we are seeing. stepnk everybody needs to forward here, and certainly our tech ceos have a major role to play. operated in aave space where they have been forced to -- they wield tremendous power. i call on all of them to recognize the times they are in, to recognize that no government actor alone is going to be able to solve the problems of today. we need collaboration and need to be able to work with the business community in a healthy, positive way. emily: i am curious on the question of how challenging it has been for your office to pursue, these concerns, given that we are in the middle of a pandemic. you are at home right now. forced to -- they wield tremendous power. your employees are sheltering in place. your employees are sheltering in place. how challengin
emily: would you say the same thing to jeff bezos?azon executives out front, but we have seen less of jeff bezos personally. do we need to hear from the ceo? ms. healey: my office has been in touch with amazon, and i have already called out amazon with some of the problems we are seeing. stepnk everybody needs to forward here, and certainly our tech ceos have a major role to play. operated in aave space where they have been forced to -- they wield tremendous power. i call on all of them to...
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May 11, 2020
05/20
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their c.e.o., jeff bezos, has promised to spend $4 billion to make their workplaces safer and keep their products moving. what does that look like? "60 minutes" was invited in to see. >> they can take someone's temperature that fast. ( ticking ) >> "60 minutes" has spent the last year and a half investigating build-it-yourself firearms called "ghost guns." >> this is a firearm that was manufactured by a licensed manufacture. the law requires them the america them with certain markings, including a serial number. this is not marked. no background check is completed when you purchase it. it's made at home by somebody using commonly available tools. >> so they ( ticking ) >> i'm lesley stahl. >> i'm bill whitaker. >> i'm anderson cooper. >> i'm scott pelley. those stories, tonight, on "60 minutes." ( ticking ) >> this portion of "60 minutes" is sponsored by progressive insurance. save when you bundle awtd, home, or motorcycle insurance. visit progressive.com. >> pelley: peter daszak is a scientist whose work is helping in the search for a covid-19 cure. so, why did the president just dasndi
their c.e.o., jeff bezos, has promised to spend $4 billion to make their workplaces safer and keep their products moving. what does that look like? "60 minutes" was invited in to see. >> they can take someone's temperature that fast. ( ticking ) >> "60 minutes" has spent the last year and a half investigating build-it-yourself firearms called "ghost guns." >> this is a firearm that was manufactured by a licensed manufacture. the law requires them...
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jeff bezos amid a possible criminal antitrust investigation and global food supply chains are under stress especially when it comes to reproduction we'll tell you what countries and workers may be most affected.
jeff bezos amid a possible criminal antitrust investigation and global food supply chains are under stress especially when it comes to reproduction we'll tell you what countries and workers may be most affected.
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May 1, 2020
05/20
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here's what they say in their let tore jeff bezos.aying here in 24 letter to jeff bezos this has a request for voluntary testimony on capitol hill but the committee reserves the right to compulsory process. they're threatening a subpoena here back to you. >> all right thank you. amazon down more than 6 %. later this afternoon, do not miss another exclusive this with bank of america ceo 3:00 p.m. eastern on the closing llbe a lot more "squawk on the street." stay with us >>> one of wall street's bigger bears sees a glimmer of opportunity. more "squawk on the street" coming up. >>> you're going to see delivery as a bigger part of the mix going forward. i think digital, particularly mobile order pay and maybe the ability to go to curb side which we have across most of our major markets. i do think you're going to probably see those grow just as consumers come out of this, and there going to be a change, i think in terms of how consumers go about their daily lives >> we have seen an incredible rise in demand, but it all happens because ou
here's what they say in their let tore jeff bezos.aying here in 24 letter to jeff bezos this has a request for voluntary testimony on capitol hill but the committee reserves the right to compulsory process. they're threatening a subpoena here back to you. >> all right thank you. amazon down more than 6 %. later this afternoon, do not miss another exclusive this with bank of america ceo 3:00 p.m. eastern on the closing llbe a lot more "squawk on the street." stay with us...
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i know it's well off its highs, but the house judiciary committee does want the tao tal jeff bezos.to create waves. hillary vaughn has more. reporter: congress does want to hear from amazon ceo jeff bezos himself to explain why company representatives told congress something different that now 20 former amazon employees are telling the "wall street journal." they say that the company does use access to third party sellers' information to make copycat products that then directly compete with those same or similar products. that caught the attention of the house judiciary committee that now wants bezos to come forward and explain the difference in opinion himself. congressman david cicilline, tweeting this. amazon has had multiple chances to come clean about its business practices. instead, its executives have repeatedly misled the committee and the public. enough. as ceo and founder of the company, jeff bezos must be accountable for amazon's record of dishonesty before congress, together with six of my colleagues i am calling on him to testify in light of the gravity of the situation
i know it's well off its highs, but the house judiciary committee does want the tao tal jeff bezos.to create waves. hillary vaughn has more. reporter: congress does want to hear from amazon ceo jeff bezos himself to explain why company representatives told congress something different that now 20 former amazon employees are telling the "wall street journal." they say that the company does use access to third party sellers' information to make copycat products that then directly...
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May 4, 2020
05/20
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FOXNEWSW
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market, work management does not control its employees because if you go to comcast and att or jeff bezo'sto that and show them evidence of malfeasance by their own staff, they simply don't respond to you. if you show them how brian williams was making things up on nbc they ignored you. cnn has been holding video evidence of the man who would, the presumptive nominee for the presidency of the united states, video cooperating evidence of an alleged sexual assault and you would think that the people who own att in the management would say call and right now and the leaders of cnn and say explain to me how when he was a senator of the united states you did not even -. mark: are not trying to be comical but which one of their candidates? clinton or biden? >> i'm talking about joe biden and the fact that tara reade, a staffer of his, one month ago laid out a sexual assault charge against him, which we will not discuss it it so awful, but there it is. then we showed the video evidence of a 1993, her mother calling into the larry king show, cooperating, 26 years ago, cooperating what to read is s
market, work management does not control its employees because if you go to comcast and att or jeff bezo'sto that and show them evidence of malfeasance by their own staff, they simply don't respond to you. if you show them how brian williams was making things up on nbc they ignored you. cnn has been holding video evidence of the man who would, the presumptive nominee for the presidency of the united states, video cooperating evidence of an alleged sexual assault and you would think that the...
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May 15, 2020
05/20
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KTVU
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jeff bezos could earn in the next six years. leeves. and help heal your skin from within with dupixent. dupixent is the first treatment of its kind that continuously treats moderate-to-severe eczema, or atopic dermatitis, even between flare ups. dupixent is a biologic, and not a cream or steroid. many people taking dupixent saw clear or almost clear skin, and, had significantly less itch. that's a difference you can feel. don't use if you're allergic to dupixent. serious allergic reactions can occur, including anaphylaxis, which is severe. tell your doctor about new or worsening eye problems, such as eye pain or vision changes, or a parasitic infection. if you take asthma medicines, don't change or stop them without talking to your doctor. so help heal your skin from within. and talk to your eczema specialist about dupixent. >>> happenings they, the house of representatives has a bow on the new economic relief bill that is designed to help essential workers. ktvu's allie rasmus has the story. we are talking about the republican-led sena
jeff bezos could earn in the next six years. leeves. and help heal your skin from within with dupixent. dupixent is the first treatment of its kind that continuously treats moderate-to-severe eczema, or atopic dermatitis, even between flare ups. dupixent is a biologic, and not a cream or steroid. many people taking dupixent saw clear or almost clear skin, and, had significantly less itch. that's a difference you can feel. don't use if you're allergic to dupixent. serious allergic reactions can...
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May 2, 2020
05/20
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he has been trying to raise postage rates to punish jeff bezos. so this is consistent with the president's abuse of power. so those issues need to be looked at and overseeing in real-time. there is a host of other issues, the lack of ppe, the lack of ventilators, lack of testing, why there is no national testing strategy, and each of the congressional committees are doing oversight in their jurisdictions. so in my committee, the intel committee, we are looking at how we our posture to deal with the pandemic threat. where did they see it, when did they report it, what did china know, what were they saying? how are other nations exploiting this, like russia in the last presidential election, in order to help president trump sees on different fissures in our society to manipulate public opinion. i have no doubt they will do the same thing again on the cleavage of the election, which will be a pandemic. we can already see it growing between the protesters, the president egging them on about reopening, and governors who are saying it is dangerous for t
he has been trying to raise postage rates to punish jeff bezos. so this is consistent with the president's abuse of power. so those issues need to be looked at and overseeing in real-time. there is a host of other issues, the lack of ppe, the lack of ventilators, lack of testing, why there is no national testing strategy, and each of the congressional committees are doing oversight in their jurisdictions. so in my committee, the intel committee, we are looking at how we our posture to deal with...
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May 1, 2020
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the ceo jeff bezos says they will spend at least $4 billion to speed up delivery times and purchase ppe for warehouses and whole foods workers. >>> federal that skaters say the tsa cannot show that the dogs [ audio cutting in and out ] could be at risk of a catastrophic problem. they say $77 million spent on the past year program in 2018 could have been redirected to other security programs and activities to better protect the aviation system. >>> that is it for morning watch. for moe, you can go to moneywatch.com. one business owner in new york emerged from the hospital to find his company $25 million richer. laura podesta has this story. >> reporter: kevin says he is almost back to feeling 100% after spending nearly a month in a new york icu battling the coronavirus. >> they had to put me under with the ventilator, so that whole seven days, i was basically having no memory of what happened. olympic it could not come at a worse time and he was named one of forbes under 30 last year after cofounding the software company catalyst with his brother. it helps companies better understand how
the ceo jeff bezos says they will spend at least $4 billion to speed up delivery times and purchase ppe for warehouses and whole foods workers. >>> federal that skaters say the tsa cannot show that the dogs [ audio cutting in and out ] could be at risk of a catastrophic problem. they say $77 million spent on the past year program in 2018 could have been redirected to other security programs and activities to better protect the aviation system. >>> that is it for morning watch....
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May 2, 2020
05/20
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KRON
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>>lawmakers want to talk to jeff bezos the amazon ceo got a letter from lawmakers today asking him. >>to testify before congress. it all has to do with antitrust concerns amazon initially said he didn't use nonpublic sellers specific data to determine which private label products to launch. but a recent report from wall street journal seems to contradict that saying that seller data was being used to get a competitive advantage they lawmakers say that if this new report is right then statements, amazon made to them earlier spot appear to be misleading and possible criminal a foster purge or us here at dealers posing as delivery workers and carrying warmer bags that contain drugs instead of food, the international criminal police organization says. >>that is what's going on in many countries as food delivery orders are on the rise during the pandemic policing countries from ireland to malaysia, reporting. drug couriers pretending to be delivery employees carrying drugs slyke cocaine and ketamine in spain, police arrested 7 people accused of delivering drugs hidden in the bottom of a
>>lawmakers want to talk to jeff bezos the amazon ceo got a letter from lawmakers today asking him. >>to testify before congress. it all has to do with antitrust concerns amazon initially said he didn't use nonpublic sellers specific data to determine which private label products to launch. but a recent report from wall street journal seems to contradict that saying that seller data was being used to get a competitive advantage they lawmakers say that if this new report is right...
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May 15, 2020
05/20
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and trump wants to screw jeff bezos and screw "the washington post," and he wants to use the post office to do it. and trump install his lackey to run things over there. and guess what? look. they now made an announcement they're going to review the contract. all of that is the necessary contract for the story of richard burr of north carolina. richard burr seemed real, read shady after he dumped up to $1.7 million in stocks right before the outbreak, right before the markets crashed. he did this while publicly talking about what a disasterer the pandemic is going to be even though publicly he said we're prepare and we'll be fine. the more you look at the stock trade, the worse it got. this is a guy who had not done a lot of stock trading. this was the biggest trade in several years. and then get this. we also learned his brother-in-law also dumped his stock on the same day. all of that is sketchy as hell ethically indefensible and the possibly illegal. last night we reported "the l.a. times" seized a cell phone as part of the justice department's investigation into controversial stock t
and trump wants to screw jeff bezos and screw "the washington post," and he wants to use the post office to do it. and trump install his lackey to run things over there. and guess what? look. they now made an announcement they're going to review the contract. all of that is the necessary contract for the story of richard burr of north carolina. richard burr seemed real, read shady after he dumped up to $1.7 million in stocks right before the outbreak, right before the markets crashed....
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May 21, 2020
05/20
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it means nothing to jeff bezos.n't we just give folks the actual wages that they deserve. >> with congress not in session and the economy of her district in tatters, alexandria ocasio-cortez has been on the ground focussed on her constituents. do you think enough was done to protect essential workers? >> enough wasn't done. i don't think we can look at this crisis, i don't think we can look at the numbers and say that we have done enough. >> what do you think sh required to sort of comprehensively fight covid? >> we need free testing, whether you're insured or uninsured. why shouldn't health care be treated as a human right in any condition? >> and what do you think, now that covid has exposed those divisions? >> it's kind of like a fork in the road where on one end we can say everyone around us is dangerous. or disagrees with us. we could take the other path and realize that covid doesn't care if you're rich. it doesn't care if you're poor. it doesn't care if you're documented, undocumented, black, or white or lati
it means nothing to jeff bezos.n't we just give folks the actual wages that they deserve. >> with congress not in session and the economy of her district in tatters, alexandria ocasio-cortez has been on the ground focussed on her constituents. do you think enough was done to protect essential workers? >> enough wasn't done. i don't think we can look at this crisis, i don't think we can look at the numbers and say that we have done enough. >> what do you think sh required to...
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May 15, 2020
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. >>> amazons jeff bezos is trending tonight, he's on track to become the world's first trillionaire, it's predicted to happen by the year 2030, he is already the wealthiest man on the planet with a net worth of about $140 billion. >>> up next, do you have your social party yet? the new pandemic trend that could help keep your mental health intact this summer. >> it could be a good way to get some time for you to get work done. >>> we weep for people living with grief for people. how can we not be essential? >> the bay area church that sending a message to the state tonight, they are sett >>> you could call it your social pod, some people say forming a group could be key to helping your mental health through the pandemic. the idea is a close unit of people who all agreed to be in contact with each other and only each other. the concept is popular with families. two of them can group together for things like dropping the kids off at each other's homes to go run errands. medical experts say there are risks, but the trend is gaining ground as restriction start to relax. >> if the familie
. >>> amazons jeff bezos is trending tonight, he's on track to become the world's first trillionaire, it's predicted to happen by the year 2030, he is already the wealthiest man on the planet with a net worth of about $140 billion. >>> up next, do you have your social party yet? the new pandemic trend that could help keep your mental health intact this summer. >> it could be a good way to get some time for you to get work done. >>> we weep for people living with...
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May 1, 2020
05/20
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i am taking a seat, to use jeff bezos' words here, i'm looking at your rating, you're sticking with a buy, sticking with your price target, but we know this is a company that is not going to be profitable in the current quarter. what are you basing your thesis on and the key metrics to watch as the year unfoldses? >> yeah. clearly a great top line but a setback in the bottom line when you hire 175,000 employees, there's no magic pixie dust to make those employees more productive out of the gate we believe in $2800 price target with the sum of the parts that goes higher over time. the stock has had a huge run up over 30% year to date. we think the stock takes a breather here. massively out performed any of the other peers or the indexes we do believe, again, when you look at their guidance, it would assume basically flat operating income if you took the mid-point. if you add the $4 billion that bezos said that would cost them they would show a margin improvement year over year investors include in if you took this away, they were actually on a path to pit produce a small profit growth
i am taking a seat, to use jeff bezos' words here, i'm looking at your rating, you're sticking with a buy, sticking with your price target, but we know this is a company that is not going to be profitable in the current quarter. what are you basing your thesis on and the key metrics to watch as the year unfoldses? >> yeah. clearly a great top line but a setback in the bottom line when you hire 175,000 employees, there's no magic pixie dust to make those employees more productive out of...
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May 15, 2020
05/20
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and trump wants to screw jeff bezos and screw "the washington post" and wants to use the post office to do it and trump installed his lackey to run things over there and guess what? look, they made an announcement they will review the contracts. all of that is the necessary context for the story of republican richard berr rrkbur. he seemed shady after he thumped 1 -- dumped $1.7 million in stocksdumped $1.7 million in stocks while talking what a disaster the pandemic would be even though publicly he said we're prepared and will be fine. the more you look at the stock trade, the worse it got. this is a guy who had not done a lot of stock trading. this was the biggest trade in several years and we learned his brother-in-law also dumped his stock on the same day. all of that is sketchy as hell ethically indefensible and the l.a. times reported federal agents seized a cell phone belonging to burr on wednesday night as part of the justice department's investigation into controversial stock trades he made as the novel coronavirus first struck the u.s. seizing the u.s. senator's cell phone
and trump wants to screw jeff bezos and screw "the washington post" and wants to use the post office to do it and trump installed his lackey to run things over there and guess what? look, they made an announcement they will review the contracts. all of that is the necessary context for the story of republican richard berr rrkbur. he seemed shady after he thumped 1 -- dumped $1.7 million in stocksdumped $1.7 million in stocks while talking what a disaster the pandemic would be even...
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May 15, 2020
05/20
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jeff bezos is on track to become the world's first trillion air. a number followed by twelve zeros. he was trending on twitter when the bloomberg index started making the rounds. he could reach trillionair status by 2030. as people are stuck at home and ordering online. if this continues. his net worth could climb from his net worth $140 billion to that 1 trillion mark. well living here in the bay area, weather wise, most of the time is priceless, we're very lucky. paul aiken joins us now. and recently we've gotten much needed rain. >> and more rain down the line in the forecast. postponing the premature drying of any of the fire fuels that rain chance is going to diminish as we head through the rest of the night and tomorrow. some mist and drizzle but actual rain chances back in the forecast by saturday night. a rainy stretch of weather through the first couple days of next week. very little in terms of rain on the radar. flying under the radar is an idiom for a reason. some mist and drizzle hanging in the air. it doesn't move a lot for the radar to pick it up. but you can see the
jeff bezos is on track to become the world's first trillion air. a number followed by twelve zeros. he was trending on twitter when the bloomberg index started making the rounds. he could reach trillionair status by 2030. as people are stuck at home and ordering online. if this continues. his net worth could climb from his net worth $140 billion to that 1 trillion mark. well living here in the bay area, weather wise, most of the time is priceless, we're very lucky. paul aiken joins us now. and...
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May 1, 2020
05/20
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. >>> this just in, jeff bezos, ceo of amazon, is called to testify before congress. theou the company misled congress abo third party selling, stemming from a "wall street journal" report that stated that an amazon lawyer told the house antitrust subcommittee in july that amazon does not reference third party seller data for strategy purposes. "the wall street journal" investigation suggests that amazon did use that data to figure out which products to make itself. >>> former vice president and apparent democratic presidential nominee joe biden responded for the first time publicly this morning to the sexual assault allegation made by a female staffer from 27 years ago. we first told you about his response on "today in the bay." nbc's tracie potts reports. >> reporter: in a lengthy statement and in a live interview this morning, former vice president and presidential candidate joe biden is categorically denying the sexual assault allegation from a woman who used to work with him 27 years ago. tara reade said he assaulted her in a corridor when she was working for him
. >>> this just in, jeff bezos, ceo of amazon, is called to testify before congress. theou the company misled congress abo third party selling, stemming from a "wall street journal" report that stated that an amazon lawyer told the house antitrust subcommittee in july that amazon does not reference third party seller data for strategy purposes. "the wall street journal" investigation suggests that amazon did use that data to figure out which products to make itself....
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May 27, 2020
05/20
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FBC
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he beat out likes of richard branson and jeff bezos who have competing technologies. they were just not up to speed as he was. we'll be following that as well later on when the astronauts make their way to that rocket ship. guess what they're going to be driving it? surprise, a tesla. th this is a great marketing opportunity as well. president joining the vice president to watch all of this in four hours from now from cape canaveral, wrapping up a meeting with the governor of new york, andrew cuomo. blake burman with the latest on that. hey, blake. reporter: hi, there, neil and we should potentially here, get a readout, get an instant readout from president trump and new york governor andrew cuomo, we do expect as phil laid out the president to get on marine one in 15 minutes or so it is possible he talks to reporters on the south lawn of the white house and also afterwards in about an hour's time, cuomo is expected to talk to reporters in washington, d.c. as well. cuomo going into this said he wanted to come down to washington to talk to president trump about potenti
he beat out likes of richard branson and jeff bezos who have competing technologies. they were just not up to speed as he was. we'll be following that as well later on when the astronauts make their way to that rocket ship. guess what they're going to be driving it? surprise, a tesla. th this is a great marketing opportunity as well. president joining the vice president to watch all of this in four hours from now from cape canaveral, wrapping up a meeting with the governor of new york, andrew...