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Amazon-opoly: Jeff Bezos May Be About To Control $53 Billion In Federal Government Spending

Authored by Brian McNicoll via The Daily Caller, Jeff Bezos spends a lot of time directing the newspaper he owns, The Washington Post, to criticize President Donald Trump in every way imaginable. But for some reason, the federal government cannot stop giving Amazon — the retail empire Bezos also owns — a slew of taxpayer-subsidized […]


Amazon Poses A Serious Threat To Freedom And Free Markets

Authored by Mike Krieger via Liberty Blitzkrieg blog, It wasn’t until earlier this year that I became really concerned about Amazon. Sure, I had warned people previously of the dangers of an oligarch like Jeff Bezos owning a major national newspaper like The Washington Post, and I’d also highlighted Amazon’s creepy $600 million contract with the […]


Friendly Reminder That Jeff Bezos Is Still Trying To Take Over The Universe

Authored by Caitlin Johnstone via Medium.com, Jeff Bezos, currently the wealthiest human being on planet Earth, did not purchase the Washington Post in 2013 because he was expecting newspapers to make a lucrative resurgence. This self-evident fact doesn’t receive enough attention. I will say it again for emphasis: Jeff Bezos, who has used his business […]


Amazon Soars Above $1,000 After Smashing Expectations

Amazon has done it again, and following a lukewarm second quarter and with Goldman warning not to get too excited going into earnings, Amazon is back to its short-crushing ways, reporting both revenues and EPS which blew away expectations.  In Q3, Amazon reported EPS of 52 cents, beating not only consensus estimates of 4 cents, […]


Amazon Is Asking Customers To Hand Over Their House Keys

Would you feel comfortable giving Jeff Bezos your house keys? Amazon is hoping that the answer is yes. The e-commerce behemoth and creator of a global deflation impulse on Wednesday introduced a connected door-lock and security-camera system to let package carriers, guests and dog walkers into your home using an app, WSJ reports. The so-called […]


The Bids Are In: Amazon Offered Up To $7 Billion In Tax Breaks ($140k Per Employee) For Second U.S. HQ

For the past several months, cities all across the country have been competing for the opportunity to host Amazon’s second headquarters which promises $5 billion in capital investment and 50,000 new jobs over a period of time.  And now that the bids are in, we have the opportunity to review some of the staggering tax […]


Amazon Strikes Deal With Landlords To Install Package Lockers In Apartment Buildings

Since the dawn of the e-commerce era, the largest US landlords have loudly complained about the crush of packages flooding mailrooms at apartment properties across the country. One apartment owner went so far as to stop accepting packages altogether, while others have experimented with increasingly novel ways to process residents’ mail. Now, Amazon is stepping […]


Amazon Strikes Deal With Landlords To Install Lockers In Apartment Buildings

Since the dawn of the e-commerce era, the largest US landlords have loudly complained about the crush of packages flooding mailrooms at apartment properties across the country. One apartment owner went so far as to stop accepting packages altogether, while others have experimented with increasingly novel ways to process residents’ mail. Now, Amazon is stepping […]


Amazon Studio Boss Resigns Over Sexual Harassment Scandal

Embattled Amazon Studios head Roy Price – who was suspended by the company last week after a producer claimed Price had repeatedly sexually harassed her – has finally made it official. Variety reports Price officially resigned from Amazon on Tuesday, a decision that was expected by many in the industry. In Price’s absence, Amazon Studios […]


Suspended Amazon Studio Exec Resigns Over Sexual Harassment Allegations

Embattled Amazon Studios head Roy Price – who was suspended by the company last week after a producer claimed Price had repeatedly sexually harassed her – has finally made it official. Variety reports Price officially resigned from Amazon on Tuesday, a decision that was expected by many in the industry. In Price’s absence, Amazon Studios […]


If Amazon Takes Over The World…

Authored by Scott Galloway op-ed via The Wall Street Journal, Four tech giants – Amazon, Apple, Facebook and Google – have added $2 trillion to their combined market capitalization since the 2007-09 recession, a sum that approaches the GDP of India. The concentrated wealth and power of these companies has alarmed many observers, who see […]


Here Is The Retail “Chart Of Doom”, Now With Toys “R” Us

After claiming its 27th victim of the year in the form of the Toys ‘R’ Us bankruptcy filed earlier this morning, the Amazon-induced retail bloodbath of 2017 has just turned full-on apocalyptic.  According to data aggregated by Reorg First Day, the Toys “R” Us filing brings the total amount of defaulted retail debt to over […]


Did WaPo Break The Law When It Disciplined A Writer For This Negative Article On Jeff Bezos?

We’ve recently found ourselves frequently noting a rather bizarre new trend in which the mainstream media and liberal Washington D.C. establishment has turned its back on the Silicon Valley elites.  Just last week, even Hillary Clinton called out Facebook for allowing someone who may have been Russian buy a staggering $50,000 worth of political ads […]


Retail Sales Tumble In August – Worst Since Jan 2016 As Online Sales Slump

Following July's exuberant bounce back in retail sales (due to auto sales spike, despite auto manufacturers reporting a collapse in sales?), August Retail sales tumbled 0.2% MoM (just as we warned) and July's surprise gains were cut in half due to revisions. Retail sales growth has not been worse than this since January 2016, as […]


Three Reasons Why Retail Sales Are About To Disappoint Bigly

On Friday the Department of Commerce will report August retail sales, a material report which all else equal, may influence whether the Fed proceeds with its plans to unveil balance sheet tapering in its upcoming FOMC meeting. However, as we discussed last week, the report, together with virtually all other high frequency economic reports, will […]