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Amazon acquires PillPack as it muscles its way into the health care industry

Jun 28, 2018
Hear that thud? That’s the sound of Amazon getting into the retail pharmacy business. Today the online retail giant snatched up PillPack, an online pharmacy that presorts prescription drugs and delivers them to your door. Walgreens, Rite Aid and CVS all saw their stock prices take a dive in early trading on news of the […]

Gawande named to lead health care company for Amazon, JP Morgan Chase and Berkshire Hathaway

Jun 20, 2018
Earlier this year, corporate titans Jeff Bezos, Warren Buffett and Jamie Dimon announced they would team up to form a new health care company. Their mission: Improve health and save a few bucks for the 1 million people who work for Amazon, Berkshire Hathaway and JPMorgan Chase. Today we learned that Atul Gawande will lead […]

Seattle fought Amazon ... and Amazon won

Jun 15, 2018
The city council voted this week to repeal a decision that levied taxes on large business.
David Ryder/Getty Images

Amazon head tax reversed

Jun 13, 2018
Last month the Seattle city council voted unanimously for a head tax – a set fee that bigger companies would have to pay for each of their employees. The tax was meant to raise funds to address homelessness and help create more affordable housing in a city where both have become problems. Then yesterday that same […]

Grocery industry looks to beef up its consumer offerings in response to Amazon

Jun 11, 2018
It’s been a year since Amazon acquired Whole Foods, and the company announced today Prime members in 10 more states are eligible for special deals at the store. With Amazon getting deeper into the grocery business, competitors have had to up their digital game … and also improve delivery services. So what are they doing […]

UPS workers vote to authorize strike

Jun 7, 2018
UPS Inc. workers, who belong to the Teamster’s Union, voted by more than 90 percent earlier this week to authorize a strike if there’s no agreement on issues around pay and expanding delivery days. The current five-year contract expires on July 31. Negotiations are ongoing. Click the audio player above to hear the full story. 

Amazon shareholders to vote on Rooney Rule

May 30, 2018
Amazon shareholders will vote today on adopting the Rooney Rule. Amazon’s board initially opposed the proposal, which requires interviewing minority candidates, including women, but has since reversed. The Rooney Rule originated in 2003 when the NFL began requiring teams to interview at least one minority candidate for top jobs. Other industries have adopted the rule and […]

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The problem of governments using facial recognition software

"They know both the question and the answer," one CEO says.
A display shows a facial recognition system for law enforcement during the NVIDIA GPU Technology Conference in Washington, D.C., in 2017.
SAUL LOEB/AFP/Getty Images

The pros and cons of the Rooney Rule

May 14, 2018
Amazon's board is against a policy that would require it to interview at least one minority candidate for new board seats. So what should the company do instead?
Later this month, Amazon shareholders will vote on a proposal recommending the company implement the Rooney Rule for finding new members of its board of directors. Above, Amazon founder and CEO Jeff Bezos.
David Ryder/Getty Images

The drama’s unfolding in the broadcast ad space as TV networks roll out fall lineups

May 11, 2018
With competing content providers like Netflix and Amazon Prime offering binge-worthy content on demand with less commercial interruption, television networks are starting to rethink their advertising model as they roll out “upfronts” presentations next week, where they showcase the fall lineup for advertisers. What’s the right commercials-to-content ratio for network TV these days? And if they […]