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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 makin ....
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 ....