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.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
