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Amazon’s 75,000 New Robots Are Your Answer To No Wage Inflation

Authored by John Mauldin via MauldinEconomics.com, Like millions of other people, I am a fan and a user of Amazon. They do make buying things convenient, especially little things that you might have to go to art specialty stores to find. I’m a huge user of the Kindle app, too. I will admit that I […]


Amazon UK Drivers Reportedly Forced To Urinate In Bottles To Hit 200 Packages A Day Quota

Amazon delivery drivers in the UK are asked to deliver up to 200 packages a day while earning less than minimum wage for agencies contracted by Amazon. The drivers reportedly have to keep schedules so tight they are forced to skip rest breaks and urinate in bottles, according to an investigation by UK’s Sunday Mirror. […]


Less Retail Jobs, More Amazon Robots: Get Used To It

When it comes to job creation in the United States, President Trump will be displeased to hear the latest findings from Quartz: 170,000 fewer retail jobs in 2017 – and 75,000 more Amazon robots.  In November, we explained that while everyone likes to point the finger at Amazon, America’s retail apocalypse can’t be tied to just one catalyst […]


Meredith, Koch Brothers Buy Time Inc In $2.8 Billion Deal

Confirming rumors that had swirled over the past 10 days, on Sunday night Meredith Corp., publisher of Better Homes & Gardens, Martha Stewart Living and Family Circle announced it has agreed to acquire all of Time Inc’s outstanding shares for $18.50/share or $1.85BN; including the assumption of Time’s debt, the deal is valued at a […]


“Alexa, This Is Going To Hurt”: These Companies Will Be Destroyed By Amazon Next

From Morgan Stanley overnight:   The reason the S&P healthcare sector is lower on the day… … with distribution names getting hammered, is because in a report published overnight, Morgan Stanley analysts predicted that the sector, and severeal specific names, are most in danger of being targets of Amazon’s unstoppable monopoly juggernaut, soon to be […]


John Malone Describes Amazon As “Death Star” Moving “In Striking Range Of Every Industry On The Planet”

Famed cable and media investor John Malone, a man who repeatedly manages to cobble together some of the most complicated, and profitable, financial transactions in the world, appeared on CNBC this morning with a message for anyone in the “B2C business”…Amazon is going to use their scale to destroy you.  Speaking with CNBC’s David Faber, […]


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 […]


Fiancee Of ‘Suspended’ Amazon Studios Head Calls Off Wedding

Former Amazon Studios head Roy Price’s terrible, awful no-good week just got even worse… Earlier in the week, Price was unceremoniously suspended by Amazon this past week for reportedly sexually harassing female colleagues. Price allegedly lewdly propositioned Isa Hackett, a producer on 'The Man in the High Castle,' back in 2015, promising during a late-night […]


“You’ll Love My Dick” – Amazon Suspends Video Chief After Sexual Harrassment Allegations

Amazon has reportedly suspended Roy Price, its point man in Hollywood and the head of its ambitious video program, according to ReCode. HollywoodReporter reports that in the wake of revelations about Harvey Weinstein’s alleged years-long sexual harassment and assault, a producer of one of Amazon Studios’ highest-profile TV shows is ready to talk about her […]


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 […]


Watch As Amazon Deletes Hundreds Of One-Star Reviews Of Hillary Clinton’s New Book

In what many have dubbed a flagrant intervention by Amazon itself to seemingly boost the rating of Hillary Clinton’s new book “What Happened“, the Telegraph first reported, and subsequently many others observed first hand, that Amazon has been monitoring and deleting 1-star reviews of Hillary Clinton’s new book “which was greeted with a torrent of […]


One Analyst Throws Up On Today’s Retail Sales Data: Here’s Why

Two weeks ago we reported that July auto sales were a disaster: recall sales for bloated with inventory GM were down 15% YoY, Ford off 7% and Chrysler down 11% – despite record incentive spending – as overall auto sales declined and disappointed for yet another month. And yet, according to this morning’s retail sales […]