POLITICS 11/15/2018 06:03 pm ET I’ve watched Amazon transform my hometown for the better and for the worse. Here’s how to avoid the mistakes we made. By Michael Hobbes Like most Seattleites, I have a complicated relationship with Amazon. In the “pro” column, the company has been the driving force behind our city’s recent renaissance. In the eight years since Amazon started adding tens of thousands of jobs, Seattle has achieved the country’s second-highest per-capita income and its 11th-fastest job growth. We host a disproportionate share of America’s best restaurants. The influx of tech workers and tax revenues have led a surge in public spending. Our buses run more often than ever, our light rail system is expanding and our parks are so well manicured that we sometimes forget we can only enjoy them three months out of the year. In the “con” column, however, is the undeniable fact that the city’s boom … [Read more...] about Dear HQ2 Cities: Here’s How to Deal With Amazon. Love, Seattle.
Amazon cluster pricing
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Tim Logan Globe Staff November 14, 2018 After 14 months, dozens of site visits, and seemingly endless analysis from all quarters, Amazon on Tuesday confirmed that it will split its second headquarters between two places that many had predicted would make the most sense all along: the Washington, D.C., region, and New York City.The e-commerce giant plans to build one campus for up to 25,000 employees in Long Island City, Queens, and another in the Crystal City neighborhood of Arlington, Va. — newly rechristened “National Landing’’ – just outside Washington, close to the Pentagon and Reagan National Airport. A smaller complex, with up to 5,000 workers focused on logistics, will go to Nashville.Amazon — which initially launched a nationwide search for a single, region-transforming campus to supplement its Seattle base— said it … [Read more...] about Boston just not big enough for Amazon?
Amazon touched a market value of $1 trillion Tuesday, becoming just the second publicly traded company to reach the milestone.The online retail giant eclipsed the $1-trillion mark Tuesday morning when the price of one of its 487,741,189 shares rose to $2050.27, according to CNBC.Apple Inc. may have gotten there first, but Amazon.com's rapid ascent to a $1 trillion market value should put the iPhone maker on notice that its days as the world's most valuable company are numbered.It crossed the line at 16:40 BST before falling back slightly. Bezos, Amazon, and the Bezos owned Washington Post have become frequent targets of criticism from President Donald Trump.Even more telling is Amazon's size when compared to the entire national stock markets of other countries. In 2007, PetroChina Company's market cap surpassed the $1-trillion mark though the Chinese company's complex structure ensured that most of the shares stayed with the government, The Wall Street Journal reported.It's an … [Read more...] about Amazon follows Apple to $1trn market value in tech share surge
On Monday a rise in the share price of Amazon, which is listed on the Nasdaq stock exchange in the U.S., briefly took it above the trillion-dollar watermark for the first time with the company's value hovering clse to.On Tuesday, Amazon became the second US company to reach a market value of $1 trillion.Amazon is the second publicly traded US company to hit $1 trillion, following Apple, which crossed the $1 trillion market cap in August.Amazon has impressed investors by diversifying into virtually every corner of the retail industry, altering how consumers buy products and putting big pressure on many brick-and-mortar stores.It also provides video streaming services and bought upscale supermarket Whole Foods."Amazon's a little bit more dynamic than Apple because the iPhone has become more mature".In the second quarter the unit accounted for 55 percent of Amazon's operating income and 20 percent of total revenue, according to Morgan. The company makes 49 cents of every e-commerce dollar … [Read more...] about Amazon becomes second company to hit $1 trillion value
Craig Giammona, Bloomberg Published 9:42 am PDT, Friday, July 27, 2018 Now Playing: Whole Foods Launches Pickup For Online Orders Whole Foods is introducing pickup points for online grocery orders. The change is the latest attempt to compete with rival food retailers. The service is officially called “Click and Collect." Grocery pickup is the first major new service since Amazon bought out the company. This service will be exclusively for Amazon Prime subscribers. Stores with the new service will have reserved parking for the customers using it. Rival grocers Walmart and Kroger already invested heavily in similar services. So far, Click and Collect is available in Sacramento and Virginia Beach. Whole Foods will make this available to more cities soon. Media: Wibbitz Wall Street misses the old Whole Foods. For years, hedge funds marked the date of the organic grocer's earnings announcement on their calendars. Its quarterly results provided a rare … [Read more...] about What’s so secret about Whole Foods? Under Amazon, a lot it seems