Bezos, Musk Top Forbes’ Record – Setting Billionaire List

Forbes’ annual world’s billionaires list includes a record – breaking 2,755 billionaires, with Amazon.com Inc. founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks of the ultra – wealthy are expanding after a year in which the coronavirus pandemic upended world economies and threatened the livelihoods of people … More Bezos, Musk Top Forbes’ Record – Setting Billionaire List

BUSINESS | Amazon’s Bezos To Step Down As CEO; Quarterly Revenue Tops $100 Billion For First Time

JEDDAH – – Amazon.com Inc. on Tuesday said founder Jeff Bezos Would step down as CEO and become Executive Chairman, as the company reported its third consecutive record profit and quarterly slave above $100 billion for the first time. The transition, slated  for the third quarter, will make current cloud computing chief Andy Jassy Amazon’s next … More BUSINESS | Amazon’s Bezos To Step Down As CEO; Quarterly Revenue Tops $100 Billion For First Time

BUSINESS NEWS | Amazon Says CEO Bezos Willing To Testy Before Congress – NYT

NEW YORK – Amazon.com Inc Chief Executive Officer Jeff Bezos is willing to testify before a House antitrust investigation into the market power of major tech companies, the New York Times reported on Monday, citing a Lawyer for Amazon who wrote to lawmakers. Amazon did not immediately respond to Reuters request for comment.

BUSINESS | Amazon To Hire 100,000 Workers As Online Orders Surge On Coronavirus Worries

BUCHAREST – Amazon.com on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to the web to meet their needs during the coronavirus outbreak. With shoppers clearing out shelves in fear of quarantines or product shortages retailers … More BUSINESS | Amazon To Hire 100,000 Workers As Online Orders Surge On Coronavirus Worries

BUSINESS | Amazon Recommends New York, New Jersey Employees Work From Home Due To Virus

US – Amazon.com Inc has extended its work-from-home advisory to include employees in New York and New Jersey, the company said Monday, as the world’s largest online retailer and other corporations aim to lower the risk of coronavirus transmission among their ranks. ‘We continue to work closely with public and private medical experts to ensure … More BUSINESS | Amazon Recommends New York, New Jersey Employees Work From Home Due To Virus

SUSTAINABLE BUSINESS | Amazon’s Bezos Pledges $10 Billion To Climate Change Fight

MILAN | ITALY – – Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofit and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday. Cutting emissions will be challenging for Amazon. The e-commerce company delivers 10 billion items a year, … More SUSTAINABLE BUSINESS | Amazon’s Bezos Pledges $10 Billion To Climate Change Fight

BUSINESS | Jeff Bezos Is Still The Richest Person In The World

Jeff Bezos is still the richest person in the world, even after losing $10 billion in one year. The Amazon founder held onto the top sport in the final day of the 2019 Bloomberg Billionaire Index with an estimated net worth of $115 billion. He’s trailed closely by Microsoft founder Bill Gates, whose estimated worth … More BUSINESS | Jeff Bezos Is Still The Richest Person In The World

BUSINESS | France’s Bernard Arnault Is World’s Second – Richest Person

Jeddah, Saudi Arabia – Bernard Arnault is now the world’s second-richest person, according to Forbes’ calculations. The luxury good titan behind such brands as Louis Vuitton and Moet & Chanddon is worth $103.2 billion in March when Forbes published their annual billionaire rankings. At the time he was the fourth-richest person on the planet. His … More BUSINESS | France’s Bernard Arnault Is World’s Second – Richest Person

BUSINESS | Amazon Founder Bezos’ Divorce Final With $38 Billion Settlement

Riyadh, Saudi Arabia – Amazon.com Inc founder Jeff Bezos’ divorce  from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported. In April, Amazon, the world’s biggest online retailer, said in a filing than 4% of its … More BUSINESS | Amazon Founder Bezos’ Divorce Final With $38 Billion Settlement