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Amazon
05/27/2022
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By JD Heyes
Major retailers, e-tailers preparing for economic implosion as they shed massive amounts of warehouse space
In another sign that a major economic downturn is coming fast in the era of Joe Biden — Walmart, Target and other major wholesalers and retailers are shedding warehouse space and drawing down inventories. And so is the world’s biggest e-tailer, Amazon. The online selling behemoth is reportedly “stuck with too much warehouse capacity” now […]
05/16/2022
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By JD Heyes
Tech giants losing massive amounts of money as Wall Street continues to tank under Biden’s regime
Any American dissatisfied with the behavior of the big tech giants and has been waiting on Congress to reign in their behavior take heart: Karma is doing what lawmakers have refused to do. Even as the tech behemoths steal and sell our data, spy on our browsing habits, and censor certain content and viewpoints, they […]
09/29/2021
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By Mary Villareal
Tech companies amass large portfolios of new properties during pandemic
The biggest U.S. companies are sitting on huge piles of cash, and they are running out of ways to spend it. So now, they are putting their money in a lot of commercial real estate. Last week, Google announced that it would purchase a Manhattan office building for $2.1 billion. This is only the latest in […]
12/11/2020
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By Franz Walker
New York City bill proposes surcharge for online purchases to pay for MTA deficit
A proposed bill would have residents of New York City pay extra tax on packages ordered online that aren’t food or medicine to help with the Metropolitan Transport Authority‘s (MTA) budget crisis. Proposed by Robert Carroll, a Democratic member of the New York State Assembly, the bill would add a three-dollar surcharge on “online delivery […]
10/23/2020
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By News Editors
Of Amazon we should be afraid, very afraid!
Amazon is a monster that with the help of our government exploits America and continues to engulf and devour its competitors. Of Amazon, we should be afraid, very afraid! Amazon is a job-killing exploiter. The fact is that many of the options Bezos employs to expand Amazon are available to him only because of the many […]
02/29/2020
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By Ralph Flores
COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years
The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]
09/28/2019
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By News Editors
Google claim of achieving quantum computing will change everything
Want to go back to typewriters and hand-delivery of messages? In what may be a huge milestone in computing, Google says it has achieved “quantum supremacy,” an experimental demonstration of the superiority of a quantum computer over a traditional one. (Article by Karl Denninger republished from Market-Ticker.org) The claim, made in a new scientific paper, is the […]
02/20/2019
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By Janine Acero
Retail job workers in the U.S. are unhappy; an expert compares working conditions from other countries to find ideas for improvement
The retail industry is “a sector of the economy that is comprised of individuals and companies engaged in the selling of finished products to end-user consumers. Multi-store retail chains in the U.S. are both publicly traded on the stock exchange and privately owned.” Today, American and European companies make up the largest publicly traded retailers in the world. […]
11/04/2017
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By Ethan Huff
Amazon to launch its own cryptocurrency? New domain registrations provide clues
E-commerce giant Amazon may be eyeing its own slice of the cryptocurrency pie. The Jeff Bezos-owned mega-corporation recently registered three new website domains – AmazonEtherium.com, AmazonCryptocurrency.com, and AmazonCryptocurrencies.com – that suggest the company may be planning to unveil its own cryptocurrency in the very near future as competition to the ever-popular Bitcoin platform. The three […]
09/14/2017
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By Cassie B.
Blame the victim strategy reaches corporate level: Deutsche Bank plans to replace much of workforce with robots, because they act like robots anyway
One of the world’s biggest banks, Deutsche Bank, has announced that it will be replacing a significant portion of its workforce with robots. The financial institution, which is based in Frankfurt, Germany, employs more than 100,000 people. It is not known exactly how many people will be laid off or when, but CEO John Cryan […]
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