Amazon posts first quarterly loss since 2015
Plagued by higher costs and slower growth, the company sees "challenges" ahead.
Amazon posted its first quarterly loss in seven years, according to reporting in The Wall Street Journal. The disappointing results reflect broad economic trends related to a slump in online shopping, higher costs f... Read more
“Amazon wants to take over 22 regional sports channels from Disney.
In order to take over Fox, the Walt Disney Company has to sell a number of television channels. One of the main bidders on those Disney companies is Amazon. That tries to buy 22 sports channels for cable TV, including the American Yankees network.
That's what CNBC is reporting today. Last June, Disn... Read more