In a report shared with CNBC, Blackledge estimates there are 49 million existing Amazon Prime members, comprising 44 percent of homes nationwide. He predicts about 12 million new subscribers will sign up in 2016, bringing U.S. households represented?to just over 50 percent.
In a message posted on the Amazon home page, founder Jeff Bezos unveiled a tuition assistance effort for staffers called the?Amazon Career Choice Program. The initiative is designed to pay the tuition for Amazon.com employees who’ve worked for the company for three years, paying 95 percent of tuition, textbooks and other fees up to ,000 per year.
In a rare public rebuke, Amazon responded to Sen. Elizabeth Warren, the presidential hopeful with Big Tech in her crosshairs.
In a press release issued on July 8 announcing the strike, the SEIU said workers and activists will join force "to demand corporations, government take action to confront triple threat of white supremacy, public health emergency, broken economy."
In a phone call with analysts this morning, Zhang addressed those concerns, saying “We will continue to closely monitor the change of micro-economy and consumer behaviors, but we are confident to grow our business in a long-term.”
In Zhengzhou, capital of Henan province, which has seen sharp new home price growth in the past 18 months, banks have increased home loan rates by up to 30 percent above the benchmark rate.
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In a statement, the police strongly condemned lawbreakers who deliberately place suspicious objects in public areas, stressing that if not handled with caution, such antics could lead to dire consequences.
In a separate development, the Hong Kong Productivity Council today announced its latest findings of the AlipayHK Smart Payment Popularity Index, which showed steady progress in the development of smart payment in Hong Kong.
In a sound-proofed private space of less than 2 square meters, mini KTVs are providing a new form of entertainment.
In a special operation launched in 14 Guangdong cities at the same time, police detained 200 suspects in what they said was a major pyramid sales operation. A special task force was immediately set up to focus on investigating the case after police received reports from residents in March.