Amazon

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Amazon: Income Inequality Worsens

The web giant, Amazon, which is the one of the largest private employers in the US with about 566,000 employees, and which doubled its profit to $11.2 billion in 2018 from $5.6 billion in 2017, paid zero tax in US federal taxes in 2017 and 2018 and redesigned its corporate structure so it could do

When Sears Flourished, So Did Workers. At Amazon, It’s More Complicated.

Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today’s dollars, feathered with company stock. A warehouse worker hired now at Amazon who stays until retirement would leave with a fraction of that. Much as Sears has declined

Amazon is in exploratory talks with generic-drug makers

Amazon has held preliminary talks with makers of generic drugs about its potential entry into the pharmacy space, according to people familiar with the discussions. The conversations, including with generics giants Mylan and Sandoz, a unit of Novartis, have been high-level, and the nature of Amazon's plans isn't yet clear, said the people, who asked not to be

What is Amazon doing in health and the pharmacy industry?

The comedian Dana Carvey once asked the question, "Don't you love the pharmacy?" The 5-minute bit that followed highlighted all the awkward, confusing, and often frustrating elements of the pharmacy experience. The audience was with him the whole time. Whether or not Amazon CEO Jeff Bezos watched Carvey's show, many in the industry agree that pharmacy is