In today's episode of This Changes Things hosts Baker Machado and Hope King bring you the top stories in business and tech, starting with Amazon's goal to take over the shipping industry.
Amazon announced it's preparing to launch its own delivery service for businesses. The service, dubbed "Shipping with Amazon" is expected to begin in Los Angeles for Amazon's independent merchants that sell on its site. From there, it plans to expand to other cities and outside businesses.
Plus, small businesses are slamming Whole Foods for new policies that charge the brands more for prime shelf space and dropping minimum order requirements. The brands are saying the new policies have hurt their bottom lines and aren't afraid to walk away if Whole Foods doesn't address the situation.
Altro founder and CEO Michael Broughton shares how his company is bringing both expanded credit access and financial wellness to underserved consumers, plus netting early investments from Tinashe, Quavo, and Jay Z’s Marcy Ventures.
Portillo’s CEO Michael Osanloo discusses the company’s decades of profitability, opening restaurants in new markets, and why it doesn’t need trends like dynamic pricing.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.