Jeff Bezos Should Just Shut up About JEDI Contract and Hire Better Lobbyists for Amazon

Amazon wants the decision to award a government cloud computing contract to Microsoft rescinded. The e-commerce behemoth is a leading spender on lobbying, far outstripping its rivals. Jeff Bezos could learn a lot from Tim Cook on how to handle Washington, D.C. After the U.S. military awarded a cloud computing contract to Microsoft two months …

Hey Larry Page & Sergey Brin, You Forgot to Sign the Giving Pledge on Your Way Out

Larry Page and Sergey Brin are among the wealthiest ten people in the world. Neither one has signed the Giving Pledge. The Google co-founders’ philanthropic initiatives have been low-key. In their farewell letter, Google co-founders Larry Page and Sergey Brin reiterated the fact that the technology giant that they founded is unconventional. Compared to other …

These Dead Musicians’ Money Pot This Year Beats Spotify’s Entire Profit

Spotify’s business is growing with regards to subscribers helping grow the incomes of dead musicians. Michael Jackson has been the highest-earning dead celebrity for the last seven years. Spotify has only had three quarters in its life as a public company during which it registered an operating income. This year’s highest-earning dead musicians made nearly …

Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets

Amazon stock is getting bludgeoned following a downbeat earnings report. In Thursday after-hours trading, the stock dropped as much as 10%, making for one of its worst earnings losses in years: Source: Twitter And with Amazon’s latest stumble, that means another thing: Microsoft’s amazing year continues. Last month, it unexpectedly became the world’s most valuable …

Could Richard Branson Send Under Armour Stock Into the Stratosphere?

Under Armour (NYSE: UAA) stock is underperforming the stock market year-to-date, with 12% gains vs. 20% for the S&P 500 index. If anyone can resuscitate a lagging stock, it’s Richard Branson, the billionaire entrepreneur behind space exploration company Virgin Galactic. Branson turned to Under Armour to design the spacesuits that will eventually take him and …

GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate …

Airline Stocks Crash & Burn in Face of Climate Change ‘Flight Shame’

Airline stocks entered a punishing tailspin on Wednesday as rising costs threatened profits. United Airlines (NASDAQ: UAL) slid 4.72% to $83.69 per share. American Airlines (NASDAQ: AAL) was down 5.34% to $25.37. Delta Airlines (NYSE: DAL) fell 4.72% to $54.35. Even the leaner Southwest Airlines (NYSE: LUV) stock dipped 2.49% to $52.04. Delta Airlines headlined …