POLITICO
Get the Huddle newsletter
Sign Up
By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Presented by
With Melanie Zanona.
LEND ME YOUR EARS, AND MONEY: The Cicadas are coming… and so are the earmark requests.
House members had to submit their requests by Friday, which means your Huddle host and Sarah had fun combing through them. The biggest takeaway: Vulnerable House Democrats and Republicans are heeding Speaker Nancy Pelosi’s advice to “take the dough.” At least, they’re trying.
After 25 years, Amazon founder Jeff Bezos and MacKenzie Scott parted ways in 2019. Now, two years after their separation, Ms. Scott has remarried. The 22nd-richest individual in the world has wed private school teacher, Dan Jewet. 50-year old MacKenzie is best known for her philanthropic works, with Bloomberg reporting that Scott gave away nearly $6bn last year alone. According to The Wall Street Journal, Jeff Bezos expressed his best wishes to the newlyweds, stating ‘Dan is such a great guy, and I am happy and excited for the both of them’. – Jarryd Neves
Full membership of The Wall Street Journal is bundled with subscriptions to BizPremium, which also includes access to a weekly webinar with top SA stock market experts, an exclusive monthly update on the top performing BizNews Share portfolio, an interactive WhatsApp group and Alec Hogg’s daily Rational Perspective newsletter. All for just R105 (£4.99) a month – for more details click here.
Provided by Dow Jones
By Dana Mattioli Jeff Bezos is stepping down as chief executive of Amazon.com Inc. to become executive chairman, marking the biggest change in leadership of the tech giant since he started it in a Washington garage more than 26 years ago. Amazon said on Tuesday that he will be succeeded as CEO in the third quarter by Andy Jassy, Mr. Bezos s closest lieutenant and the longtime head of the company s booming cloud-computing business. Mr. Bezos is handing over the day-to-day reins, as Amazon s core businesses of online retail and business-computing services are booming during the Covid-19 pandemic, which has shifted work and life to the internet more than ever. The company announced his changing role as it reported that revenue in the fourth quarter soared 44% to $125.56 billion surpassing $100 billion for the first time in a three-month span and profit more than doubled.
Jeff Bezos to Step Down as Amazon CEO; Andy Jassy to Take Over — Update morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The lawsuit, seeking class-action status, is the latest bit of scrutiny of the retail giant’s e-books business the Connecticut Attorney General opened an investigation into the company’s practices.