Latest Jeff Bezos News

A Bezos-Biden squabble: Can corporate taxes tame inflation?

May. 16, 2022 16:05 PM EDT

WASHINGTON (AP) — Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet from President Joe Biden about corporate taxes as “disinformation” and "misdirection." The White House quickly retorted Monday that Bezos...

Obama, Airbnb's Brian Chesky launch $100M in scholarships

May. 16, 2022 13:24 PM EDT

NEW YORK (AP) — The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. The Voyager Scholarship will grant $50,000 to rising...

Baltimore designer aims to turn heads with Preakness hats

May. 15, 2022 09:03 AM EDT

BALTIMORE (AP) — Preakness may be a gathering centered around horse racing, but for Baltimore native Lacey Johansson, who has been attending festivities for decades, the hats steal the show. “I just liked the hats, and it’s a special day for Baltimore, and it’s the best day...

Amazon union head, others meet at White House on organizing

May. 05, 2022 18:37 PM EDT

WASHINGTON (AP) — Vice President Kamala Harris and Labor Secretary Marty Walsh met with union organizers at the White House on Thursday as the administration looks to boost unionization campaigns. Participants in the meeting, which featured an unscheduled appearance by President...

Nonprofits likely under fire as Senate explores ‘dark money’

May. 03, 2022 11:16 AM EDT

A Senate hearing on Wednesday is likely to produce fireworks as Republicans and Democrats square off over the role that foundations and nonprofits are playing in elections. The Senate Finance subcommittee on Taxation and IRS Oversight offers no description of the hearing beyond the...

EXPLAINER: Why are foes Turkey and Saudi Arabia fixing ties?

Apr. 29, 2022 02:15 AM EDT

DUBAI, United Arab Emirates (AP) — The killing of columnist Jamal Khashoggi by Saudi agents in Istanbul sent an already tense and shaky relationship between Turkey and Saudi Arabia into complete free fall. Fast-forward 3 1/2 years later and it appears Turkey and Saudi Arabia are...

Amazon CEO Jassy says he wants to improve warehouse safety

Apr. 14, 2022 12:38 PM EDT

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities. Jassy, who took over from Amazon founder Jeff Bezos as CEO last July, wrote...

SpaceX launches 3 visitors to space station for $55M each

Apr. 08, 2022 14:30 PM EDT

CAPE CANAVERAL, Fla. (AP) — SpaceX launched three rich businessmen and their astronaut escort to the International Space Station on Friday for more than a week’s stay, as NASA joins Russia in hosting guests at the world’s most expensive tourist destination. It’s SpaceX’s...

Amazon broadband project ready to blast off

Apr. 05, 2022 11:08 AM EDT

SILVER SPRING, Md. (AP) — Amazon has deals with three rocket companies to help launch communications satellites that the online retail giant says will help provide fast, affordable broadband to millions of underserved people around the world. Seattle-based Amazon said Tuesday that...

EXPLAINER: How would billionaire income tax work?

Mar. 29, 2022 15:31 PM EDT

WASHINGTON (AP) — A “Billionaire Minimum Income Tax” is included in President Joe Biden’s fiscal year 2023 budget proposal — part of the administration’s effort to reduce the federal deficit over the next decade and fund new spending. The proposal “eliminates the inefficient...