Page 5 - 61 46 News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from 61 46. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In 61 46 Today - Breaking & Trending Today
Let s start with this piece that s in the wall street journal, an opinion piece that was published last year said an april analysis from citigroup estimates that if costs were fairly allocated, parcels will cost $1.46 more. it s as if every box comes with a dollar or two stapled to packing slip. jamie, there are people fact and disputing it. it s a study out there. there s a commission degrees on this. they agreed on the rate amazon and others pay. this suggests not necessarily that amazon making the post office lose money. i picked is a statute says the post office perhaps they will be paying more. it is they are to discuss. should they have a different deal? it s hard to ignore that the reason that this is in the discussion in the first places that we call it a feud but i m not sure it s viewed. i m not sure jeff bezos has any problem with donald trump. ....
None. and that reference to $1.47 that the president came up with there? a citigroup city last year showed on average the postal service was charging $1.46 below market rates for package delivery. but our researchers point out if that discount exists, it s not just for amazon. it s a bulk rate discount. back to john roberts. there is a great deal of confusion or something here regarding amazon and the post office because none of that was true. shep does the magnolia state proud. yeah, i mean maybe the president might hear this, because he saw it on fox. the irony of this whole thing is that e-commerce, i.e. amazon, is the lone bright spot at the post office. their problems have to do with pensions and people not mailing letters anymore. it s not amazon. no. and this is what autocrats do across the globe. they try to crush the truth. companies and members of the press. autocrats that have never been to the post office, ....
shepard: as i have been reporting amazon stocks have rebounded a bit after sliding earlier today following new attacks from president trump as we have reported. the president claims the united states postal service losing money through its shipping agreements with amazon. it does not. analysts say the post office makes a profit. here is how amazon has been trading over the last five days. you can see it started back over here when it was kind of high and back over here. it s had a bit of rebound today up $15.78 at the moment. a little bit more than 1%. current share price in the top licensed corner up there. gerri willis is here for the fox business network. help us understand, the post office makes a lot of money on amazon, right? they make a lot of money on packages. i want to start with where trump got this idea to first place. it came from a op-ed in the wall street journal. it was written by a money manager who wrote this an april analysis from citigroup estimates if costs w ....
hit the middle. thank you. thank you. thank you, steve. we lose $1.46 per package. amazon is being undercharged. the post office needs to raise the price to get back to break even. they re not doing that. postage stamps are too cheap. stamps are too cheap. if you re losing billions of dollars a year everything is too cheap. that is the problem right now. they would have to raise prices we all would pay a little more. brian: $30 billion less in first class mail. this is a huge number. 30 billion pieces a year. only 5% of correspondence is personal correspondence. brian: amazon is getting a great deal but the post office has bigger problems? post office has more bigger problems. we need a more fundamental look what we re doing with the post office. brian: if you re in the post office, you re doing a great job. it he is not your fault. we need a better business plan. yes. brian: abby will sit down and ....
The russians are extremely unhappy about that. i will be interested to see if they back off cooperation with north korea and other issues as leverage and that back and forth in our relationship. jon: lieutenant colonel michael waltz, thanks for your perspective. happy new year. jon: president trump slamming amazon and the u.s. postal service over shipping rates. mr. trump to tweeting today, why is the united states post office which is losing many billions of dollars every year while charging amazon or other so little to deliver the package, making amazon which are in post office dumber and poor? should be charging much more. gerri willis live at the new york stock exchange. what about the president s tweet? is he right? he s absolutely right. according to a citigroup study that found that for every package amazon packaged that they shipped, they lose $1.46. think about that. the usps shipped two-thirds of ....