Tag Archives: Amazon

Your Daily Dose of Financial News

BY: Michael D. Reif | January 8, 2019

The US and China have resumed trade talks in an effort to cool down an increasingly heated trade war between the economic powerhouses – NYTimes and WSJ and Marketplace and Bloomberg While we’re on the subject, the Times adds up what the tariffs at play in the US’s trade war with the world have meant … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 28, 2018

GM’s Monday announcement about cutting 14,000 North American jobs drew the ire of the White House yesterday, which threatened to “end federal tax credits” that have helped subsidize the company’s electric-vehicle fleet – NYTimes and WSJ and Bloomberg Another day, another Amazon Empire-expansion story. This time, the focus is Bezos & Co.’s sale of software … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 7, 2018

Some reaction to the HQ2 x2 news, including what a pair of new tech hubs actually means for the cities that have thrown out the red carpet to Amazon and other technology giants – NYTimes and WSJ After a generally strong 2018 that saw prices hit four-year highs as recently as a month ago, oil … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 6, 2018

The Wall Street Journal first reported yesterday that Amazon, fresh from a weekend leak suggesting that Northern Virginia was the HQ2 frontrunner, will choose two locations with an evenly split workforce for its next headquarters, a “surprise decision that will spread the impact of a massive new office across two communities.” So I guess we’re … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 5, 2018

Mr. Buffett and his Berkshire crew just dropped nearly a billion on its own stock, a likely sign, according to analysts, of a “dearth of appealing investment options” for the company’s “large cash pile” – WSJ and Bloomberg A Times weekend long-read reveals that giant banks and corporations have welcomed a “sharp decline in financial … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 5, 2018

Blink, and it’s Jobs Report Friday again.  Where does the time go? Here’s what we’re watching for in the numbers – NYTimes and WSJ and MarketWatch Dealbook questions whether anything will actually come of yesterday’s report that Barnes & Noble is again looking to sell itself – NYTimes A mere 24-hours after Highfields called it … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 3, 2018

Amazon announced yesterday that it will immediately raise the minimum wage it pays to all 250,000 of its employees (and the 100k it plans to hire for the holiday season) to at least $15/hour, more than double the current federal standard – NYTimes and WSJ and Bloomberg and Marketplace We’ve talked plenty about Tesla’s boardroom … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 20, 2018

“Pot is the new crypto,” declares Bloomberg, and if you’ve seen how the virtual currencies are faring these days, that should be a warning and not a selling point—Tilray be damned – Bloomberg and MarketWatch The White House has nominated former Fed economist Nellie Liang to the central bank’s board of governors. In 2009, Liang … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 5, 2018

Big tech (including Facebook, Google [theoretically], and Twitter) is heading back to the Hill (with @jack pulling double-duty, because that’s how he rolls). Here’s what to expect today based on their prepared testimony – NYTimes and Recode and Law360 Apple was the first American company ever to cross the trillion dollar market cap figure. Less … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 27, 2018

So about that whole going private thing.  Change of plans for Elon & co. Here’s the inside scoop on the reversal – NYTimes and WSJ and Bloomberg and MarketWatch The US and Mexico are reportedly nearing a breakthrough on several “key issues holding back renegotiation” of Nafta, including industry exemptions, local content requirements, and the … Continue reading