The U.S. Postal Service defends against criticism that recent action taken by the postmaster general will hamper the expected rise of post-in-vote due to the coronavirus, President Trump said the agency’s biggest problem is dealing with behemoths like Amazon. “One of the biggest problems – perhaps the biggest problem with …
Read More »German watchdog launches Amazon investigation – report
BERLIN (Reuters) – Germany’s anti-trust authority has launched an investigation into Amazon’s relationship with third-party retailers selling on its site, its head was quoted as saying on Sunday. PHILO PHOTO: The Amazon logo is seen at the Business Logistics Center in Lauwin-Planque, Northern France, April 22, 2020. REUTERS / Pascal …
Read More »Apple, Tesla stock splits could encourage others
Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
Read More »Amazon is liable for injuries from defective products, CA court finds
Photo: Eric Baradat (Getty Images) The question of whether Amazon can be held liable for defective products sold on third parties to third parties is one that the e-commerce giant has wanted to settle for a long time. It came a little closer to an answer on Thursday when an …
Read More »News updates: Joe Biden Presses for National Mask Mandate
Workers wearing personal protective equipment perform Covid-19 tests in Drive in Winnetka, California (Photo by Kevin Winter / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • Joe Biden kicks in for a national mask mandate, …
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