Amazon Founderjeff Bezos briefly becomes the worlds richest person. But wall street nerves about the companys massive Spending Push him back down to number two. Plus, Making America Grow again. Will the latest figures on the us economy bring President Trump closer to his 3 target . Welcome to World Business report. Im rachel horne. Also coming up a billion dollar round of coffees as starbucks buys out its chinese partner. But first we start with retail giant amazon. It has seen its shares fall sharply after its latest figures disappointed wall street. The good news it is raking in huge sums of money as its sales keep expanding. The bad its spending a fortune on developing its business, and that is making investors nervous. Lets show you the details. Total sales in the three months tojune jumped almost a quarter compared to last year to just under 38 billion. Unfortunately, they spent almost all of it Operating Expenses surged to well over 37 billion. That means there wasnt much actual
Muted start. And Chlorinated Chickens, the Electric Mini and tech titans well be looking at whats been a busy week in today we want to know does great wealth bring great responsibility . Yesterday amazon founder jeff bezos was, briefly, the richest person in the world what would you do if it was you . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. We start with retail giant amazon it has seen its shares fall sharply after its latest figures disappointed wall street. The good news it is raking in huge sums of money as its sales keep expanding. The bad news its spending a fortune on developing its business and that is making investors nervous. Lets show you the details. Total sales in the three months tojune jumped almost a quarter compared to last year to just under 38 billion. Unfortunately they spent almost all of it Operating Expenses surged to well over 37 billion. That means there wasnt much actual profit a comparatively measly 197 million and down 77 on last
Hobbies and passions has finding fossils actually inspired? there s no question about it, it did for me. you know, i used to collect fossils and i still do. so it certainly has that natural history attraction. the ammonites here on doniford beach, in somerset are around 197 million years old. but some have been seriously damaged. police have confirmed two people from france were spoken to for allegedly using an angle grinder to try to remove some of the fossils. we re used to seeing people collecting on a small scale, when it happens. but, yeah, just the magnitude of this you can see they ve taken out a very large portion of that bedding plane there. you re live with bbc news. prince andrew is among a string of high profile associates and friends of the late convicted sex offender jeffrey epstein who ve been named in newly released us court documents. the 900 pages contain
How many hobbies, how many passions has finding a fossil actually inspired? there s no question about it, it did for me. you know, i used to collect fossils and still do. so it certainly has that natural history attraction. the ammonites here on doniford beach, in somerset are around 197 million years old. but some have been seriously damaged. police have confirmed two people from france were spoken to for allegedly using an angle grinder to try to remove some of the fossils. we re used to seeing people collecting on a small scale, when it happens. but, yeah, just the magnitude of this you can see they ve taken out a very large portion of that bedding plane there. you re live with bbc news. a second batch of court filings related to jeffrey a second batch of court filings related tojeffrey epstein has been released in new york the first batch were unsealed making public names of people associated with him. among them
These rocks date back to the dinosaurs. the creatures preserved inside them give an insight into what marine life was like in a time before humans. what marine life was like in a time before humans. there s no denying ust how before humans. there s no denying just how exciting before humans. there s no denying just how exciting people before humans. there s no denying just how exciting people find - just how exciting people find fossils, you know, how manyjobs, hobbies and passions has finding fossils inspired? there s no question about it, it did for me. i used to collect fossils every day. so it certainly has that natural history attraction. the ammonites here in somerset history attraction. the ammonites here in somerset are history attraction. the ammonites here in somerset are around - history attraction. the ammonites here in somerset are around 197 l here in somerset are around 197 million years old. but some have been seriously damaged police have confirmed two peop