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Jeff Bezos, Riding High, Defends Decision to Buy Washington Post
Jeff Bezos, the chief executive of Amazon, said he bought The Washington Post because it was well situated to be a powerful government watchdog.
Amazon founder: AI's impact is 'gigantic'  USA TODAY
Amazon hasn't put out a wearable — yet — but Bezos also isn't ...  The Verge
AppleInsider (press release) (blog)  
Elon Musk announces plan to revolutionize factories
Having already upset the traditional automobile industry with his electric cars and the space exploration business with his reusable Space X rockets, Tesla Motors Chief Executive Elon Musk will now set about trying to revolutionize the American factory.
Tesla Could End Free Supercharging For Life For the Model 3  Fortune
24 Tesla Shareholder Meeting Highlights — My Notes  CleanTechnica
UPDATE 3-Ex-Barclays director accused by US of illegal tips to plumber
(Adds details of case). By Nate Raymond. NEW YORK May 31 A former director at Barclays Plc was arrested on Tuesday on U.S. charges that he provided inside information about impending mergers he learned about at the bank to a plumber, who used the ...
Barclays Director Accused of Trading Tips for New Bathroom  Bloomberg
Ex-Barclays Banker Charged With Passing Inside Information to Plumber  Wall Street Journal
Starbucks bets on nitrogen-infused cold brew coffee
Starbucks Corp. is doubling down on the iced coffee and cold brew market. The Seattle-based chain said Tuesday that it will add nitro cold brew to its lineup in its stores in Los Angeles and six other cities this summer.
Starbucks Introduces Nitro Coffee  CNBC
Starbucks releases two new iced beverages to keep you cool this summer  Mashable
Trump Makes Sense on Energy
Political markets are weird: They cry out for something and yet politicians, with their enslavement to conventional wisdom and careerist caution, are unwilling to supply it.
Donald Trump's blustering, backward talk on fossil fuels  Minneapolis Star Tribune
WaPo Editorial Board Blasts Trump's "Dangerous, Nonsensical Energy ...  Media Matters for America (blog)
Abe Postpones Japan's Sales-Tax Hike Until Late in 2019
Japanese Prime Minister Shinzo Abe told lawmakers in Tokyo he would delay an increase in Japan's sales tax until 2019. The move may help support consumer spending but complicates the government's efforts to tame the world's largest debt burden.
In his words: How Japan's Abe's comments on tax hike evolved  Washington Post
Japan PM's move to delay sales tax rise will fan debt concerns  Yahoo News
US consumer spending increase strongest in over six years
WASHINGTON U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to raise ...
Consumers Spend Even as Confidence Ebbs: U.S. Economic Takeaways  Bloomberg
Rate of consumer spending enjoys its largest monthly jump in six years  Washington Post
Shari Redstone has 'no desire' to run Viacom, says spokesperson
More volleys were exchanged Tuesday in the battle for control of media company Viacom Inc. as a representative of Shari Redstone denounced statements made this week by Viacom's lead independent board member.
Russia Box Office: 'Warcraft' Debuts With $10.4M  Hollywood Reporter
Shari Redstone Says Viacom Shareholders Want New Management  Bloomberg
Consumer Confidence Misses Estimates
After two straight better than expected monthly readings, Consumer Confidence for the month of May unexpectedly fell, falling from a revised 94.7 down to 92.6 (expectations were for an increase to 96.1).
US Consumer Confidence Declined in May, Clouding Outlook  Wall Street Journal
U.S. CB consumer confidence unexpectedly drops in May  Nasdaq
Staples CEO Ron Sargent to Step Down
Staples Inc. SPLS 1.03 % said its longtime leader Ron Sargent agreed to resign as chief executive, weeks after a federal judge blocked the retailer's attempt to acquire rival Office Depot Inc. ODP 1.42 %. Mr. Sargent, 60 years old, has run the company ...
Consumer confidence slips to 6-month low; Staples CEO agrees to quit; more  Tribune-Review
In brief: S&P 500 notches a monthly gain  Houston Chronicle