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Amazon Skips Cash Pay Hikes for Senior Employees This Year

Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.


Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement

Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.

Baltimore Bridge Collapse: Safety Investigators Look Whether 'Dirty Fuel' Contributed to Tragic Incident

Oil refinery owner raises concerns about fuel quality amidst ongoing investigation into Baltimore bridge collapse.

Amazon Invests $2.75 Billion in Generative AI Startup Anthropic

Amazon's $2.75 billion investment in Anthropic, a top generative AI startup, marks its largest outside investment, showcasing its commitment to AI innovation.


Latest News

SingularityNET, Fetch.ai, and Ocean Protocol join to form the Artificial Superintelligence Alliance, merging $FET, $OCEAN, and $AGIX tokens to create a decentralized AI network worth $7.6 billion.
A recent study suggests that Novo Nordisk's diabetes drug, Ozempic, priced at nearly $1,000 in the US, could be produced for less than $5 a month.
Chinese leader Xi Jinping tells Dutch Prime Minister Mark Rutte that attempts to restrict China's technology access won't hinder its advancement amidst discussions on export restrictions.
Vice President Kamala Harris had a private lunch with JPMorgan Chase CEO Jamie Dimon at the White House, raising eyebrows due to Dimon's previous comments praising certain policies of former President Trump.
GameStop faces its steepest decline in nine months due to a huge drop in fourth-quarter revenue. Net sales were down 19% compared to the previous year, leading to a 19% tumble in premarket trading.
Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks.
China's President Xi Jinping met with more than a dozen American CEOs and academics on Wednesday in an effort to mend strained relations with the US.
Moderna expands its vaccine portfolio with three new candidates targeting norovirus, Epstein-Barr virus, and shingles amid demand for Covid-19 vaccines worldwide.
The US Securities and Exchange Commission (SEC) said Andreas "Andy" Bechtolsheim, the co-founder of Sun Microsystems and an early investor in Google, has settled insider trading charges against him that will cost him almost $1 million.
Lalamove Philippines, an on-demand delivery platform, has launched a new program that aims to empower aspiring businesswomen. Here's what you need to know about it.