You heard this already but Caitlin Johnstone reminds us that this is only a token rather than a change of heart. Don't let down the guard or put the pitchforks away just yet. It ain't over by long shot. Don’t turn our fate over to depraved oligarchs for the price of a few dimes. Keep pushing these sociopathic bastards. Keep pushing them right off the stage. Caitlin Johnstone — Rogue JournalistBezos Bows To Pressure On $15/hr. Keep Pressuring Him. Keep Pressuring Them All.Caitlin...
Read More »Jason Del Ray — Amazon is creating a health care company with the help of Warren Buffett and JPMorgan Chase
Warren Buffett’s Berkshire Hathaway and JPMorgan Chase are working with the e-commerce giant. Game-changer?Recode Amazon is creating a health care company with the help of Warren Buffett and JPMorgan Chase Jason Del Ray ht Brad DeLong at Grasping RealitySee also The e-commerce giant is muscling its way into a number of businesses that banks have long dominated. American BankerHow Amazon is shaking up financial services Keven Wack
Read More »Mike Murphy — Jeff Bezos’ fortune tops $120 billion as Amazon shares surge after hours
Raising eyebrows. The controversy now is whether Amazon is a monopoly/monopsony extracting economic rent?MarketWatchJeff Bezos’ fortune tops $120 billion as Amazon shares surge after hours Mike Murphy | Editor
Read More »Moon of Alabama — Sundry – Shutdown, Ukraine, Omidyar And Syria
News synopsis. Short.Moon of AlabamaSundry - Shutdown, Ukraine, Omidyar And Syria b
Read More »Zero Hedge — Bezos Calls The Top? Sells $1.1 Billion Of Amazon Stock At Record Highs
"Rebalancing his portfolio." Zero HedgeBezos Calls The Top? Sells $1.1 Billion Of Amazon Stock At Record Highs Tyler Durden
Read More »Xinhua — Alibaba tops Amazon as biggest e-commerce company
Milestones Chinese e-commerce giant Alibaba surpassed its U.S. counterpart Amazon as the world's biggest e-commerce company Tuesday as the Hangzhou-based company reached the threshold of 470 billion U.S. dollars in market value.… Alibaba's net profit jumped 96 percent to more than 2.1 billion dollars year-on-year in the first fiscal quarter ending June, beating market expectations. Moreover, the number of active buyers on Alibaba's retail platform climbed to 466 million, accounting for...
Read More »