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Sunday, August 9, 2020

Visualizing The Size Of Amazon, The World’s Most Valuable Retailer

As brick-and-mortar chains teeter in the face of the pandemic, Amazon continues to gain ground. The retail juggernaut is valued at no less than $1.4 trillion - roughly four times what it was in late 2016 when its market cap hovered around $350 billion, and as Visual Capitalist's Dorothy Neufeld notes, last year, the Jeff Bezos-led company…

Second Republican Loses Primary After Backing Big Tech’s Green Card Giveaway

A second incumbent Republican has lost his primary race after backing a plan that would have allowed India to monopolize the nation’s employment-based green card system while rewarding Big Tech for outsourcing American STEM jobs. On Tuesday evening, conservative Lauren Boebert ousted five-term, President Trump-endorsed Rep. Scott Tipton (R-CO) in Colorado’s 3rd congressional district. Boebert,…

Amazon To Give $500 Million In Bonuses To Employees Who Worked During The Coronavirus...

Amazon will give $500 million in one-time bonuses to qualified front-line, Whole Foods and delivery-service employees for their efforts during the coronavirus pandemic, the company announced Monday. Senior Vice President Dave Clark told employees in a note that those who worked from June 1 to June 30 are qualified to receive a “thank you bonus,” according…

Amazon Employees Beware: World’s First Warehouse Picker Robot Debuts 

Amazon is leading a robotics race that has transformed the warehouse industry. The online retailer employs hundreds of thousands of employees in its massive warehouse network, which has also invested heavily in robots and other automation technologies, suggesting some of these jobs will be eliminated.  Amazon warehouse workers must have an idea their jobs be taken over…

Censorship, Antitrust Probes: Big Tech Is Back To Fighting Familiar Foes After Taking On...

Big tech companies are facing criticism on antitrust issues, claims of censorship, and other serious problems less than three months after government officials asked them for help stemming the flow of a virus pandemic.  President Donald Trump signed an executive order that could seriously curb Twitter’s business model after the company censored him, and Amazon…

Three-Alarm Fire Destroys California Amazon Warehouse

A massive fire consumed an Amazon Distribution Center in Redlands, California, early Friday morning. First reported at 5:30 a.m., the conflagration burned through the structure with flames rising hundreds of feet into the air. An adjacent freeway was temporarily closed as the San Bernardino County Fire Department responded. Several Amazon shipping trucks were also destroyed.…

Lawsuit: Amazon Failed to Protect Warehouse Workers from Coronavirus

Amazon failed to protect its employees from the coronavirus at a New York warehouse facility, according to a lawsuit filed by three employees from the warehouse. AFP reported that the complaint filed in federal court Wednesday said the “relentless pace of work at Amazon facilities” led to poor working conditions and that company policies “discourage workers from…

20-Year-Old Accused Of Inciting Riots During Pittsburg Protests Works At Amazon, Police Reports Say

A left-winger who allegedly incited multiple riots during protests Saturday in Pittsburgh is an Amazon employee, according to police reports. Brian Bartels, 20, is accused of starting violent riots in Pittsburgh during a Saturday demonstration against George Floyd, a black man who died after a police officer knelt on his neck for several minutes, according…

Billionaires Increase Net Worth by $434B During Coronavirus Lockdowns

The net worth of the United States’ billionaire class has increased by $434 billion during lockdown orders implemented by most states to slow the spread of the Chinese coronavirus. Between March 18 and May 19, the nation’s more than 600 billionaires have increased their net wealth by 15 percent from $2.9 trillion in March to…

Seventh Amazon Worker Dies Of COVID As Staff Scared To Return

While Amazon restores regular delivery times for most of its products and is set to reduce hazard pay for its warehouse workers, a new report this week indicates that the seventh warehouse employee recently died from COVID-19. The Verge reports, a warehouse worker at distribution center IND8, located in Indianapolis, Indiana, died on April 30 after contracting the disease. Several workers at the…

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