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Monday, dec 30
Tag:
Jeff Bezos
Business
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says
ityAmazon is under fire following a US Senate report accusing the company of prioritizing speed over worker safety. Released by the majority staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee late Sunday night, Dec. 15, the report claims Amazon’s intense focus on productivity has led to unsafe working conditions. The Senate report outlines how Amazon’s warehouse workers face high rates of musculoskeletal disorders (MSDs) and other injuries caused by repetitive tasks and demanding quotas. It accuses Amazon of knowingly exposing employees to these risks, …
Business
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike. Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States. The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere. The strike could cause customers' holiday deliveries …
Lifestyle
2 With Westchester Ties Among Top 10 Richest People In US, Forbes Says
Two billionaires with strong ties to New York are among the Top 10 richest people in America, according to brand-new rankings released by Forbes. Checking in at No. 3 is the founder of Meta Platforms/Facebook Mark Zuckerberg, age 40, a White Plains native who was raised in the neighboring village of Dobbs Ferry. He has a net worth of $181 billion, says Forbes. Former New York City Mayor Michael Bloomberg, age 82, the owner of Bloomberg LP, is ranked 10th. Bloomberg's net worth is $105 billion. Bloomberg maintains a resident in Northern Westchester, in the town of North Salem. Checking in a…
Lifestyle
Brand-New Forbes Rankings Reveal Richest NY Residents
The richest people in America are revealed in a new Forbes 400 ranking, which includes over a dozen New Yorkers. To come up with its 41st annual list of the 400 wealthiest Americans, the outlet consulted with a variety of sources, including financial advisors, Securities and Exchange Commission documents, court filings, attorneys, and news articles. Researchers looked at assets held, including public and private companies, as well as personal property like car collections, yachts, planes, and jewelry. Debts and charitable giving were also factored in, Forbes said. The top 20 people on th…
Business
Amazon Workers At Massive NY Facility Become Company's First Unionized Warehouse
Workers at an Amazon warehouse in New York have made history in becoming the first in the company’s history to successfully form a union. In Staten Island, voters from the JFK8 fulfillment center easily voted to approve the measure, with the Amazon Labor Union winning 2,654 yes votes versus 2,131 no votes for the company. It represents the first group of Amazon employees to unionize in the company’s history - something Amazon has valiantly fought to avoid - though it may still look to overturn the result. Amazon has until Friday, April 8 to dispute the results of the vote. “(Amazon) wante…
News
Major NY Tech Company Founder Who Flew Flight With Shatner One Of Two Killed In NJ Plane Crash
A major New York tech company founder who blasted into space with actor William Shatner last month was aboard a small plane that crashed in New Jersey, killing him and a local flight instructor, authorities confirmed Friday, Nov 12. Glen M. De Vries, age 49, of New York City, and Thomas P. Fischer, age 54, of Hopatcong, New Jersey, were both aboard the single-engine Cessna 172 that crashed in a wooded area of a state park near Lake Kemah around 4 p.m. Thursday, Nov. 11, according to New Jersey State Police spokeswoman Brandi Slota and the FAA. The plane had been reported missing nearly an …
Business
Westchester Native Replaces Jeff Bezos As Head Of Amazon
A native New Yorker from the region has replaced Jeff Bezos as the CEO of Amazon. Hudson Valley native Andy Jassy, who grew up in Westchester County, has worked at Amazon since 1997, and he previously served as the company's CEO of web services, according to Business Insider. Earlier this year, Jeff Bezos announced he would be stepping down as CEO on Monday, July 5. Jassy grew up in Scarsdale and was a student at Scarsdale High School. The 53-year-old has been one of the highest-paid executives at Amazon, Business Insider reports. CNBC previously reported that Jassy native made more …
Business
First Amazon Go Store Debuts In New York City
The future has come to New York, as Amazon Go opened its first store to accept cash in Manhattan - the first to accept cash in the country. The 1,300-square-foot store opened its doors on Tuesday across the street from One World Trade Center on the second level of the Brookfield Place Mall. Amazon launched its first Amazon Go store last year, a checkout-free grocery store that opened its flagship store in Seattle in 2018 after experimenting with physical retail locations for several years. According to Amazon, the company “created the world’s most advanced shopping technology so you never…
Politics
Ocasio-Cortez Blasts Billionaires, Saying They're Driven By Psychopathic Personality Traits
Freshman Congresswoman Alexandria Ocasio-Cortez is making headlines again, taking on the 1 percent, claiming that billionaires are driven by psychopathic personality traits. This week, the 2007 Yorktown High School graduate was busy on social media, linking to a CNBC report that states “most successful millionaire CEOs are psychopaths - here’s why it doesn’t have to be a bad thing." Ocasio-Cortez has often been critical of the country’s wealthiest residents, having previously questioned why anyone individual would need or should have more than $10 million at any time. “Justifying psychopat…
Business
Ocasio-Cortez Bears Most Blame For Loss Of Amazon HQ2, New Yorkers Say In New Poll
The majority of New Yorkers believe that losing the planned Amazon HQ2 headquarters in Queens is bad for the state and say Westchester high school graduate Alexandria Ocasio-Cortez is most to blame, according to a brand new Siena College poll. Last year, Amazon announced that it was planning to build two new Amazon HQ2 headquarters, one in Long Island City, and a second in northern Virginia, bringing more than 25,000 jobs to the region. Last month, the retail giant backed out of the deal, despite billions of dollars in state and local incentives. The newly released Siena Poll found that 67 …
Politics
One More Try: Cuomo Begs Amazon To Bring H2Q Back To NYC
New York Gov. Andrew Cuomo has met with Amazon executives, including CEO Jeff Bezos, in an effort to encourage them to reconsider pulling out of a planned second headquarters in Long Island City. The online retail giant announced on Thursday, Feb. 14 that it is backpedaling out of the planned deal to construct a headquarters in New York, despite strong support from area residents. The reversal of fortune came following a vocal outcry from some politicians due to their displeasure over tax incentives. “After much thought and deliberation, we've decided not to move forward with our plans to b…
Politics
Ocasio-Cortez 'Thinks It’s A Good Idea To Lose Jobs, Revenue,' de Blasio Says After Amazon Exit
A day after Amazon announced it would be pulling out of a deal to set up a headquarters in New York amid pressure from politicians, New York City Mayor Bill de Blasio went on the offensive, slamming those elected officials and the company. In November, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, they began getting cold feet last week and officially pulled out of the project on Thursday, Feb. 14, announcing that they will not be looking for a new city to set up shop. The Amazon announc…
Business
Amazon Pulls Out Of Plan For Headquarters In New York City
Amazon is looking for a new dance partner for its new headquarters after pulling out of plans to develop a site in New York City. The company announced on Thursday, Feb. 14 that it is are backpedaling out of the planned deal to construct a headquarters in Long Island City, despite overwhelming support from New Yorkers. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. "For Amazon, the commitment to build a new headquarters requires positive, collaborative re…
Business
Most New Yorkers Support State's Deal For Amazon Second Headquarters
Although Amazon may be looking for a new dance partner to set up its new Amazon HQ2 project outside the Empire State, a new poll found that the majority of New Yorkers support the proposed move to Long Island City. In November, the online retailer announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, according to a report released Friday, Amazon is reconsidering its choice in New York. A Siena College poll asked: “Do you approve or disapprove of the recently announced deal between Amazon and New York, which grants up …
News
With NY Amazon HQ2 Plan In Limbo, Connecticut Jumps Into Fray
With the marriage between New York and Amazon seemingly fractured regarding the construction of a new headquarters in the area, Connecticut seems poised to strike while the iron’s hot, if state lawmakers have their way. In November last year, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, talks have since stalled and progress has been slow, leading Amazon to reconsider its plans in New York. With plans for a New York home possibly shelved, Connecticut officials have thrown their hats bac…
Business
Amazon Now Reconsidering Plans To Open Second Headquarters In New York, Report Says
Amazon may be getting cold feet and be ready to backpedal out of its plan to build a new campus in New York City. In November, the online retailer announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, according to a new report released Friday, Amazon is reconsidering its choice in New York. "The question is whether it's worth it if the politicians in New York don't want the project, especially with how people in Virginia and Nashville have been so welcoming," one person familiar with Amazon's plans told The Washington…
Business
It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area
In one of the most anticipated business announcements in years, Seattle-based Amazon said Tuesday morning that it will split its second headquarters between the New York City and Northern Virginia. Speculation had swirled since September 2017 when the global giant Internet retailer said it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes the dramatic plot t…
Business
Up To 3,000 Amazon Go Stores Could Be On The Way
While many traditional brick-and-mortar stores are falling by the wayside, due in large part to the boom in online shopping, web giant Amazon is contemplating opening thousands of cashier-less stores in the coming years. Reports emerged earlier this week that Amazon is planning to open as many as 3,000 cashier-less Amazon Go stores by 2021, following a cautious initial rollout of the product, with just three stores in Seattle and one in Chicago. Amazon launched its first Amazon Go store this week, a checkout-free grocery store that opened its flagship store in Seattle earlier this year afte…
Lifestyle
New Forbes Rankings Of 400 Wealthiest Americans: Trump Takes Another Plunge
Donald Trump has been trumpeting a strong economy since he became the 45th president, but his own wallet has taken a big hit since he started his run for chief executive. More than $1 billiion, to be precise. Trump has dropped 11 places from last year in the brand-new Forbes magazine annual rankings of the wealthiest 400 Americans. With a net worth of $3.1 billion, Trump is now the 259th-richest person in the 2018 Forbes 400. He was 248th in the 2017 Forbes 400 when his net worth fell from $3.7 billion when he was in 156th place in 2016 and down from $4.5 billion in 2015. A drop in the …
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