Discussion in 'Stocks' started by ajacobson, Mar 12, 2018.
More Sanders v. Amazon
Sen. Bernie Sanders has unveiled a bill called the "Stop Bad Employers by Zeroing Out Subsidies Act," and in case you might be wondering who the primary target is there, the snappier version is the "Stop Bezos Act." Sanders says he's also gunning for McDonalds, Walmart and American Airlines, though. Here's the upshot: "The Stop Bezos Act gives large employers a choice: pay workers a living wage or pay for the public assistance programs low wage workers are forced to rely upon." Fox Business
Amazon’s online advertising catching up to Google, Facebook
Amazon, which has already reshaped and dominated the online retail landscape, is quickly gathering momentum in a new, highly profitable arena: online advertising, where it is rapidly emerging as a major competitor to Google and Facebook. The push by the giant online retailer means consumers — even Prime customers, who pay $119 a year for access to free shipping as well as streaming music, video and discounts — are likely to be confronted by ads in places where they did not exist before. (Toronto Star)
The Archbishop of Canterbury, the head of the Church of England (the mother church of the Anglican Communion), accused Amazon of "leeching off the taxpayer." But the Church of England isn't going to sell off its shares in the company. It said in a statement that the best way to influence such companies was to be "in the room" as a shareholder. BBC
Amazon warehouse workers lose bonuses, stock awards for raises
Amazon.com Inc. is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees after the company pledged this week to raise pay to at least $15 an hour. (Bloomberg)
the executive making winners and losers
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