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The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control a ....
Faces several charges including defrauding his customers as much as 10 billion. Charges that he has denied. My Colleague Erin Delmore has the lead is. It Colleague Erin Delmore has the lead is. , Colleague Erin Delmore has the lead is. ,. , lead is. It was a stunning beginning lead is. It was a stunning beginning. That lead is. It was a stunning beginning. That was lead is. It was a stunning beginning. That was surprise number one. Judge lewis kaplan dismissed thejury, number one. Judge lewis kaplan dismissed the jury, saying there is something they need to work out. He then told the rest of us that there were topic eric that the defence wanted to introduce. He said his solution was to hear it for his ears only, so they did put Sam Bankman Fri ....
. ainsley: amazon bumping off the competition. predicting the giant will soon surpass walmart as the largest retailer in the united states. with prime day kicking off today. we are showing the site s winners and losers. here to break it down for us is kurt the cyberguy. good morning gained a profit of 21.3 billion last year compared to 11.6 billion the year before. the pandemic was good for them. 40% off a lot of good today, sony projects. jbl headphones, 40% of is it graco baby products. 10% of dewalt tools there are deals to be had. apple watch for $279. it s a serrie 6. meaning a current apple watch ....
Imposing tariffs on foreign steel and aluminum, as well as a variety of chinese-made goods. new tariffs on china would hit more consumer items like bikes, shoes. the commercial real estate market is flashing a warning sign as recession fears grow. new data shows for the first time in seven years, overseas investors sold more office buildings and retail space than they purchased. direct purchases totaled $21.3 billion, in the first half of the year, down more than 40%. this comes after overseas investing in commercial real estate hit near record levels last year. no single reason was responsible for the pullback, though it s worth noting china slid to number nine on the rankings. it was fourth last year. pressure is mounting against juul, the wall street journal reports the ftc is investigating whether juul used deceptive marking to appeal to minors. many blame the e-cigarette startup for the rise in vaping among teens. juul says it never targeted products to minors and they re ....