Exactly three hours ago the tech and ecommerce giant got hit with a new lawsuit from the federal trade commission and 17 state attorneys general. They are accusing amazon of using its market power to inflate prices, overcharge third theparty sellers and for using strong arm tack tactics to maintain its monopoly. The suit comes after a 4year probe into alleged monopolistic moves by amazon. So its actually affecting the Broader Market here. The stock is driving the nasdaq 100 lower. Right now we have got the nasdaq down about 209 points or 1. 5 . It is among the worst performers on the index. Siriusxm on semiconductor cin actioner cintas joining amazon on the biggest laggards list. The that major indices head for their fifth if fifth fifth down day over the last six. If you look at the dow, it is down 403 points, thats at the low concern below its 200day moving average. Microsoft, goldman sachs, caterpillar and United Health care account for onethird of the dows losses. Apple is in the w
With the president , at least recently. Uhhuh. He seemed to take a shot out of the blue at you a week or so ago. And then youve responded with a couple tweets in the last 24 hours. One that said, and im quoting, its time we accept pous for who he is, hes entertaining. Later you said its a waste of time to try and turn pinocchio into a real president. Whats going on . A couple of things. First, i deleted the first tweet because i thought the pinocchio tweet said it better. Loon, i tweeted more of it today. There are policies that i tend to agree with him on. I mean, i want reduced i want less bureaucracy. I want better tax law. You know. Changes to the fcc, changes to the fbc. Those are all good things but more republicanoriented type policies. What i have a real problem with is that i dont think he has any leadership skills. I think he has no self awareness. He has no ability to admit his mistakes. He is completely unaware of how technology works. And lets start there because one of hi
Police have charged a man with murder after a triple shooting over the weekend killed one and injured two in New Britain. Police say Antoine Harris shot and.
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