The U.S. Senate Budget Committee will hold a hearing Thursday on Amazon.com Inc's labor practices with a key union organizer after the panel's chair urged the White House to end federal government contracts with the retail giant over accusations of "anti-union activity."...
Continue ReadingThe U.S. Senate Budget Committee will hold a hearing Thursday on Amazon.com Inc 's labor practices with a key union organizer after the panel's chair urged the White House to end federal government contracts with the retail giant over accusations of "anti-union activity." Senator Bernie Sanders said the panel will hear from Christian Smalls, president of the Amazon Labor Union, as well as International Brotherhood of Teamsters General President Sean O'Brien and Greg LeRoy, executive director of Good Jobs First. Amazon executive chairman Jeff Bezos has also been invited to testify but it is unclear if he will take part...
Continue ReadingShares of Amazon underperformed the market on Monday, after founder Jeff Bezos tweeted that once a bull market ends "the lessons can be painful."...
Continue ReadingGreg Greeley, a former longtime Amazon.com Inc. executive with experience driving the Prime subscription business, is set become Thrasio's next chief executive...
Continue ReadingThe Federal Reserve is expected to raise interest rates this week in an effort to cool inflation. Stocks have been pressured by fears that aggressive moves by the central bank to rein in rising prices will lead to a recession...
Continue ReadingShares of Teladoc Health (NYSE: TDOC) were rising today on no company-specific news. Instead, some investors may be snatching up shares of the telemedicine company after its share price plunged 40% last week following the release of the company's first-quarter financial results. Investors focused their attention on the fact that the company recorded a $6.6 billion non-cash goodwill impairment charge and significantly lowered its annual guidance...
Continue ReadingAmazon warehouse workers overwhelmingly rejected a union bid on Monday, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history...
Continue ReadingIn this article, we will discuss 10 market-moving stocks to watch today. To take a look at some more stocks that are trending, go to 5 Market-Moving Stocks to Watch on Monday. Following April’s tumultuous trading, investors are preparing themselves for more market-moving developments this week. The stock market is in the red today, with […]...
Continue ReadingAmazon workers voted 618-360 against unionizing, according to the NLRB. Here's what that means to the broader unionization push at the company...
Continue ReadingYahoo Finance's Ines Ferre looks at the sector and market actions from today, Treasury yields, and Nasdaq stocks...
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