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.
Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.
A new CEO takes over the embattled planemaker. Plus: Elon picks a fight, the Fed might finally cut rates and Microsoft makes a lot of money but not enough.
