The CEO's hypothesis, if borne out, would mean welcome relief from a grim downturn accompanying a pandemic that has killed more than 388,000 Americans, shuttered hundreds of thousands of small businesses and sent unemployment skyrocketing.
Congressional action on a second coronavirus-relief package and the development of vaccines to treat the deadly disease enabled the lender to free $2.9 billion in loan reserves
After intensive review of recent posts from the president, Twitter said, it believes the potential risks of violence from keeping the @realdonaldtrump account open outweigh the benefits to the public.
If Austin is confirmed by the Senate, his appointment would continue a pattern among both Democratic and Republican presidents of choosing Cabinet members from the highest echelons of Corporate America.
The case is the first from the Securities and Exchange Commission charging a publicly traded company with misleading investors about the financial effects of the pandemic.
A disgruntled former employee whose battle with Tesla and its founder, Elon Musk, played out in news outlets and on social media, has agreed to a settlement.
The experience-based economy, with its emphasis on travel and entertainment, has been replaced during the pandemic-based lockdowns with a focus on goods reminiscent of the materialistic 1980s.
It's a milestone that may further complicate efforts on another government relief bill, something economists have warned will be badly needed as a second wave of coronavirus infections tightens restrictions on businesses, potentially spurring more layoffs that leave workers struggling to pay for housing and food.
The separations, many at the company's Irving, Texas, headquarters, are both voluntary and involuntary.
Amazon's employment numbers illustrate the economic power wielded by CEO Jeff Bezos as the e-commerce giant he founded faces growing government scrutiny.