“It’s just a miracle I got Wilma back”...
Remember when the left said that President Donald Trump's tax reform would not work because the companies would give those breaks to shareholders instead of reinvesting in the company?Well, Bloomberg released data that shows capex (capital expenditure) has won out. It shows that the 130 companies in the S&P 500 have increased capital spending by 39%, which is the fastest rate in seven years. Returns to shareholders has only grown by 16%.
Amazon agreed to pay $42 a share in cash for the organic-food chain, including debt, a roughly 27 percent premium to the stock price at Thursday’s close. John Mackey, Whole Foods’ outspoken co-founder, will continue to run the business -- a victory after a fight with activist investor Jana Partners that threatened to drive him from power.
"Walmart is investing to better serve customers,” said Dan Bartlett, Walmart executive vice president for corporate affairs. “With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs. Our 2017 plans to grow our business – and our support for innovation in the textile industry – will have a meaningful impact across the country.”
Professor of Public Policy at George Mason University Kenneth Button shares the story of how air cargo deregulation in the 1970s paved the way for low-cost, reliable overnight shipping, which in turn allowed for groundbreaking new e-commerce businesses like Amazon and eBay. These innovations enable everyone to get their presents on time for the holidays – almost as fast as delivery by Santa himself!There's no soporific like a good rundown of mid-70s regulatory reform (literally, nothing compares) but throw in a a few elves and some reindeer and you get something cute, relatable, and most importantly, shareable.
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It's bad enough that the Obama administration counts as "enrolled" people who merely have done the equivalent of the Amazon.com shopping cart -- expressed the desire to have some stuff, in this case Obamacare. Amazon.com doesn't count stuff put in the shopping cart in the sales figures...
Not a joke. From WaPo, Washington Post to be sold to Jeff Bezos: The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four...
Bear with me, LI readers - I'm a little bit of a geek, so I find stories like these exciting. It might not be of interest to everyone, but I do think there's one point about it that will resonate with all of you. Amazon founder...
Don't say I haven't been warning you. While the secondary boycott of Rush Limbaugh has been only marginally effective, Color of Change has had more success getting major companies to drop their participation in the American Legislative Exchange Counsel (ALEC) by falsely tying ALEC's support of "stand your...
You may remember that Amazon.com stopped doing business through "affiliates" (websites and blogs) in California, after the state passed a law requiring companies like Amazon to collect state sales taxes on purchases made through California affiliates. Amazon has settled with California and will resume its relationships, but it...
The Revolt of the Kulaks has come to California. Via Drudge, California's attempt to tax internet sales has met with a reaction: Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts...
