European Commission Targets Unsafe Products, Bezos Sells Shares, and Tesco Employees Benefit from Share Scheme Success
The European Commission plans to scrap the €150 duty-free threshold for online imports from Chinese retailers like Temu and...
Jeff Bezos
Weekly Closeout: Brooks Running’s Record Growth, Shoe Carnival’s Acquisition, and Jeff Bezos’ Stock Sale
**Lead:** This week, Brooks Running sprints ahead with record revenue growth, Petco welcomes a new chief human resources officer,...
Jeff Bezos Sells $4bn of Amazon Shares Amid Company’s Record High Prices
Amazon founder Jeff Bezos sells over $4 billion worth of shares this month as company's stock hits new highs;...
UK Retailers Criticize Chancellor’s Autumn Statement, Asos Reports Decline in Revenues, Bezos Sells Shares for Philanthropy
In its Autumn Statement, the British Retail Consortium criticized the chancellor for neglecting larger businesses and increasing the business...
Jeff Bezos Sells £1bn Worth of Amazon Shares
Amazon founder Jeff Bezos is set to sell up to £800 million worth of shares, following last week's donation...
Amazon’s Q2 Sales Reach $113 Billion, Growth Slows Down
In Q2, Amazon's sales skyrocketed by 27%, reaching $113 billion, but fell short of Wall Street's expectations at $115...
Jeff Bezos Steps Down as Amazon CEO, Andy Jassy to Take Over
Amazon founder Jeff Bezos is set to step down as CEO in Q3 and become executive chair, with Andy...
Amazon’s Q3 Earnings Triple Amidst Pandemic Spending
Amazon's net sales skyrocket 37% to $96.1bn in Q3, tripling its net income to $6.3bn amidst COVID-19 spending. The...
Amazon Doubles Profits Amidst Covid-19 Impact
Amazon's profits have doubled to $5.2 billion in Q2 as net sales increased by 40% to $88.9 billion, with...
Amazon’s Sales Boom Amid Pandemic Spending
Amazon's sales soar 26% to $75.5bn in the first quarter, but net income falls 29% due to increased spending...