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Many see Amazon as a reliable source of consumer goods from toilet paper to wireless headphones. But Sean McLain reports that the “everything store” is now betting that consumers will also pick up much bigger items when given the opportunity. Plus, Imani Moise reports on why fintech company Block is sharing its version of a credit store with customers. Patrick Coffee hosts.
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Plus: Coupang, the South Korean e-commerce company, disclosed a hack that exposed the personal data of 33.7 million accounts. And Strategy cut its outlook and sold shares to establish a reserve amid the slide in bitcoin prices. Anthony Bansie hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: Shares of Shopify fall following outage. And bitcoin treasury company Strategy cuts outlook amid Bitcoin price drop. Julie Chang hosts.
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Plus: A state commission awards licenses to three proposals for casinos in New York City. And Newell Brands, the maker of Yankee Candle and Sharpie, will lay off about 10% of its employees. Pierre Bienaimé hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: Analysts say Chinese EV sales growth will likely slow. And Prysm Capital leads investment in Sokin, bringing the payments company’s valuation to $300 million. Julie Chang hosts.
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Plus: Top U.S. envoys head to Russia this week, as talks to end the war in Ukraine continue to intensify. And a volatile stretch for global markets continues, as U.S. stock futures start December on a downbeat note. Daniel Bach hosts.
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Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.