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.
A legal expert helps break down why Tesla shareholders are voting on Elon Musk’s historic pay deal – and why betting against Musk usually doesn’t pay off.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
