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Amazon leaves top executive after 23 years at company - RB

Amazon leaves top executive after 23 years at company - RB

Dave Clark has left his position as Amazon's head of retail business to "build something new again," the memo notes. Clark had worked at Amazon since 1999. He had led the corporation's retail business since 2021.

All U.S. Federal Reserve Banks Reported Continued Economic Growth - Fed Beige Book

All U.S. Federal Reserve Banks Reported Continued Economic Growth - Fed Beige Book

Most FRBs reported strong price increases in the regions they oversee. Rising input prices in particular were noted. Eight of the 20 Reserve Banks reported that respondents' expectations for future economic growth were declining. Three banks expressed concern about recession risks.

Tesla delays deliveries of some models in the U.S. by a month

Tesla delays deliveries of some models in the U.S. by a month

According to Reuters, the company is delaying deliveries of the Model Y from December to March, the Model 3 from September to December, and the Model X from February to May 2023. Tesla attributed the delays to supply chain problems caused by disruptions in China. Analysts believe that delays in

Bank of America has no plans to offer crypto services

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies

Rivian's executive in charge of production engineering is leaving the company, - Yahoo!

Rivian's executive in charge of production engineering is leaving the company, - Yahoo!

Rivian Automotive announced that Charlie Mwangi will leave the company. He helped Rivian get the electric car manufacturing process up and running. Mwangi, a former Tesla Inc. executive, has served as executive vice president at Rivian since May 2020. He launched the R1T pickup truck and the R1S SUV in

Twitter investors sued Musk - Reuters

Twitter investors sued Musk - Reuters

Twitter shareholders sued the billionaire for delaying disclosure of his stake in the company. According to them, Musk "saved" $156 million by buying a large number of shares in the social network without announcing it. "By delaying disclosure of his stake in Twitter, Musk manipulated the market

Nvidia is up just 3.5% after a good report. Forecasts got off to a rocky start

Nvidia is up just 3.5% after a good report. Forecasts got off to a rocky start

Despite the quarterly report exceeding analysts' expectations, the outlook for the current quarter was worse than expected amid a "challenging macro environment. The first quarter of 2022 was positive for the semiconductor manufacturer. Revenue was up more than 46% year over year to $8.29 billion, with EPS

Gazprom announces record dividends in the history of the Russian stock market - 52.53 rubles per share

Gazprom announces record dividends in the history of the Russian stock market - 52.53 rubles per share

The dividend yield on Gazprom shares could be 19.17% relative to the company's current share price. Last date of purchase: July 18, 2022. Total dividend payments will be RUB 1 trillion 243.570 billion. - 50% of the Gazprom Group's IFRS adjusted net profit for

Twitter pays a fine

Twitter pays a fine

Twitter has agreed to pay a $150 million fine for disclosing user data. The lawsuit was filed in the Northern District Court of California. It states that from May 2013 to September 2019, the social network misled its users about how their personal data will be used. Twitter users'

Money laundering in Moldova again. The network is closed.

Money laundering in Moldova again. The network is closed.

The amount in question was about €1.5 million. 24 people were detained. A consulting firm from Chisinau, registered in Cyprus, brazenly deceived clients. The victims were persuaded to invest tens and hundreds of thousands of euro, including in the Forex market. When clients deposited money into accounts managed by