Posts Tagged: Amazon

Audacious Fraud

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Dermatologist, Farhaad Riyaz, peer-voted as one of the top doctors in the Washington DC area in 2019 committed one of the most bizarre frauds in recent times, according to The Washingtonian.   Questions: How did Dr. Riyaz perpetrate the crime? What was the scheme? What is and/or was his potential punishment? Who did Dr. Riyaz… Read more »

Unionization at Amazon?

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According to the Washington Post, workers at an Amazon warehouse in New York’s Staten Island have launched a union drive in an ambitious bid to organize one of the world’s largest employers. Questions: How many locations would have an employee vote to unionize at Amazon warehouses? During the coronavirus pandemic, by what percentage have Amazon’s… Read more »

More about the “Make Amazon Pay” coalition

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According to the New York Times, Amazon surpasses all largest private employers in adding the number of workers in a single year. Despite this, the costs to workers is not covered by the online giant. Questions: Why does the article claim that health benefits and a 401(k) is not enough to compensate employees? Why was… Read more »

Did you really get a good deal on Amazon Prime Day?

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Amazon’s extravaganza sale, Prime Day, is frequented by people who pay  annual or monthly fees to be specially treated with more ways to spend. But is this once a year event about really saving money or just being manipulated via behavioral finance? Questions: According to the article, what is behavioral finance? According to the article,… Read more »

Amazon’s business surges

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Amazon has seen a dramatic uptick in sales as people are hunkered down due to the coronavirus. Questions: As a result of this dramatic surge in sales, what does Amazon plan to do? What did Amazon warn customers on March 2? Besides Bloomberg, what other publication reported news of the projected hiring? Source: Soper, S…. Read more »

Changes at Amazon due to the Coronavirus

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According to BusinessInsider.com, Amazon is halting all warehouse tours in North America as concerns over the coronavirus outbreak grow in the US. Questions: What did Amazon do last month due to supply chain worries? Why did Amazon ban more than a million products on its website from third party sellers? What travel directive did Amazon… Read more »

Supply Chain Worries

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According to the New York Times, Amazon has recently responded to the coronovirus crisis by making larger and more frequent orders of Chinese-made products that had already been shipped to the United States, according to company emails and consultants who work with major brands. Questions: What midsummer event is Amazon already worried about? What are… Read more »

Money for Climate Change

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Jeff Bezos announced on Instagram today that he is giving about 7.7% of his $130 billion net worth to launch the Bezos Earth Fund. Questions: According to the article, what role did Amazon employees have in this move? How much in total dollars is he committing? By 2040, what is Amazon’s pledge? Source: Harrington, R…. Read more »

Ditching Twitch

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Some of the biggest names in gaming are leaving Twitch for extremely lucrative contracts, according to CNN. Questions: What is Twitch? What are gamers doing instead of staying with the platform that has brought them fame? What tech platforms are luring these gamers? How much revenue has the online video gaming industry earned in 2019?… Read more »

Amazon spent $1.5 million and lost

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According to the Washington Post, Amazon put $1.5 million toward Seattle City Council races this cycle, via a business-interest group to support an opponent of that spent nearly half a million dollars in support of Kshama Sawant, who has pledged to raise taxes on the retail giant. In the end, Amazon lost the race. Questions:… Read more »