Lawmakers want answers from Jeff Bezos - and they're threatening to subpoena him if he doesn't voluntarily agree to testify before Congress. Amazon did have any immediate comment on the letter . At issue are statements by Amazon's associate general counsel, Nate Sutton, who denied under oath last July that Amazon used sensitive business information from independent sellers on its platform to develop products for Amazon to sell.
The celebrated billionaire, considered one of the world's savviest investors, said a better measure of the company's performance was its operating earnings, which exclude investments and are less subject to sharp fluctuations. Vice Chairman Charlie Munger told The Wall Street Journal last month that Berkshire might close a few small businesses. The decline came after Berkshire's stock lagged the index by more than 20 percentage points in 2019, including dividends.
During a press conference, the president was asked: "Have you seen anything at this point that gives you a high degree of confidence that the Wuhan Institute of Virology was the origin of this virus?" When pressed on his comments, the US President declined to give any further details, he said: "I can't tell you that".
Have you been affected by job losses at Ryanair? "That's because this year we are now facing carrying less than a 100 million passengers against an original budget of 154 million passengers". Its first quarter passenger traffic will be less than 150,000. Ryanair confirmed that it expects that traffic on reduced flight schedules will be stimulated by "significant price discounting" and what it said will be "below cost selling from flag carriers with huge State aid war chests".
However, individuals who don't have recent tax returns can still get their payments - they may just have to take additional steps. Recipients who earn more than those amounts will see their payments reduced by $5 for each $100 above the income threshold.
Unit sales , a closely watched metric, surged 32 per cent in the first quarter . Wall Street analysts were expecting earnings of $6.25 per share on net sales of $73.61 billion. "Some of these costs seem like they're going to stick around, which brings the profitability of the company into question". Amazon mentioned it could spend as much as $4 billion in the second quarter to tackle virus-related expenses, a significant part of which would be for the safety of its workers.