The former driver's tweets and video are in stark contrast to the feel-good worker-vignettes that Amazon has been airing as TV commercials.
from Yahoo Finance https://ift.tt/2BmbomJ
Amazon Inc. (NASDAQ: AMZN) Chief Executive Officer Jeff Bezos's net worth hit an all-time high on Wednesday, topping the pre-divorce levels, according to the Bloomberg Billionaires Index.The e-commerce company's founder is now worth $171.6 billion after Amazon shares closed nearly 4.4% higher at $2,878.80 in the day.Bezos's previous record was a net worth of $167.7 billion — reached in September, 2018, according to Bloomberg.The 56-year old's wife MacKenzie Bezos had received about 19.7 million Amazon shares as part of their divorce settlement in July last year.Mackenzie Bezos's shares are worth about $56.9 billion on Wednesday, making her the second richest woman and the twelfth richest person overall on the Bloomberg index.Amazon's stock has seen a massive surge this year, adding $56.7 billion to Bezos's net worth so far, as the novel coronavirus (COVID-19) pandemic increased the demand for some of its core services, including the e-commerce segment, cloud computing business, and streaming video on demand service Prime Video.Price Action Amazon stock closed at $2,878.70, 4.35% higher, on Wednesday and was trading 0.43% higher at $2,891.22 in the pre-markets at press time.Image: WikimediaSee more from Benzinga * Facebook, Amazon, Apple, Google CEOs Agree To Jointly Testify Before Congress In Antitrust Case * Netflix Commits 0M To 'Support Black Communities' In US * Here's How Much Investing ,000 In Bitcoin 5 Years Ago Would Be Worth Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
from Yahoo Finance https://ift.tt/31CcV2A
from Yahoo Finance https://ift.tt/3gkR182
The company will also discontinue several international routes that were once popular leisure destinations but are now expected to see decreased demand. “In an effort to match low demand resulting from the coronavirus outbreak, the airline will realign its network with the goal of improving long-term profitability,” the company said in a statement.
from Yahoo Finance https://ift.tt/3eTuMpB