Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s pick Andrew Ferguson.
Federal Trade Commission Chair Lina Khan said she hopes the Trump administration won't give Amazon and Facebook parent Meta a "sweetheart deal" in pending antitrust cases by her agency.
The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.
Donald Trump's 2025 inauguration fundraising has reached a record $170 million, with major donations from tech giants like Amazon, Google, Meta, and Microsoft.
Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic and historical experts say.
In addition to donating millions to Trump’s inauguration, many company heads are adopting the President-elect’s hard-edged, even vindictive vibe in announcing changes in their business.
Steve Bannon mocks Musk, Zuckerberg and Bezos as Trump ‘supplicants’ making an ‘official surrender’ - Trump’s former White House strategist fires latest volley in MAGA civil war as he compares tech ti
The outdoor equipment store announced it was shutting its doors in April 2024 after 25 years. The Sulby store specialised in selling, servicing and repairing mowers and stocked a wide range of power and garden tools.
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Amazon has no challenger in e-commerce, and it also has unprecedented opportunities in generative AI. Costco has a reliable membership model that breeds loyalty, and it also pays a dividend. Costco stock is more expensive than Amazon stock.
Whole Foods isn't the only grocery option available to Amazon Prime members. Subscribers also have access to the online grocery store Amazon Fresh, which provides free deliveries to some locations. Amazon Fresh has some similar products to Whole Foods but generally focuses on a broader range of groceries and home products at lower prices.
Warren Buffett has created incredible wealth for shareholders of Berkshire Hathaway. It's been very inspiring to individual investors that he did it -- as he alluded to in his 1988 letter to shareholders -- by focusing on investing in quality companies and holding for the long term, without being fazed by occasional market volatility.