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Amazon plows ahead with high sales and spending; profit plunges
(Reuters) - Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.
Amazon shares fall after big earnings miss  CNBC
Amazon Talks Margins And (Grocery) Markets  PYMNTS.com
AdAge.com (blog)  
Amazon Profits Fall Far Short of Expectations, but Investors Shrug
Jeff Bezos, the chief executive of Amazon, was by one estimate the world's wealthiest person for a brief time on Thursday. Credit Ted S. Warren/Associated Press.
Prime Spot On The Billionaire List: Jeff Bezos Was (Briefly) World's ...  NPR
Bezos knocks Gates off perch as richest person in the world — for a few hours  Washington Post
Get ready for the less-profitable Amazon that you used to know
A previous version of this report had a typo in a quote from KeyBanc. It has been corrected. Universal/Courtesy Everett. Is Amazon going back to its past?
Amazon Falls, Obamacare Repeal Fails - 5 Things You Must Know Before the ...  TheStreet.com
Amazon Is A Trade Not An Investment  Seeking Alpha
Starbucks Doubles Down On China, Targets 5000 Stores By 2021
Starbucks yesterday announced plans to dramatically expand its presence in Asia, while cutting back its retail presence in the U.S.
CO-OP Partners With Yoobi To Give School Supplies To Kids In Need  PYMNTS.com
Starbucks closing all Teavana stores, including 6 in Upstate NY, over next year  Syracuse.com
Elon Musk takes the stage tonight to deliver the first Tesla Model 3s
The Tesla Model 3 Owners Club is quivering with excitement. Members are planning what song they'll crank up when driving their new Tesla off the retail lot: Steppenwolf's “Magic Carpet Ride,” AC/DC's “Back in Black,” Simon and Garfunkel's “The Sounds ...
What we know about Tesla's new Model 3 sedan  Washington Post
New Tesla model due out Friday  WSOC Charlotte
Mark Zuckerberg and Elon Musk Are Both Wrong About AI
Photo illustration by Slate. Photos by Paul Marotta/Getty Images and Kevork Djansezian/Getty Images. If Mark Zuckerberg and Elon Musk went to the same elementary school, I can practically imagine them firing “Your algorithm is so slow …” insults back ...
SpaceX Is Now One of the World's Most Valuable Privately Held Companies  New York Times
Why Elon Musk Is Wrong About AI  Fortune
Uber Is Targeting Titans of Industry in Its CEO Search
Uber Technologies Inc. has set its sights on the business world's most seasoned chief executives to fill the leadership vacuum left by the departure of co-founder Travis Kalanick.
HPE CEO Meg Whitman just publicly took herself out of the running to be Uber ...  Business Insider
Meg Whitman says she will not be Uber CEO (again)  Recode
A blind proposal, a summons to Washington and a jet trip: Wisconsin's drive to ...
A consultant for an unidentified company looking for a factory site sent a somewhat vague email to the Milwaukee 7 regional economic development group.
Wisconsin's Lavish Lure for Foxconn: $3 Billion in Tax Subsidies  New York Times
CEO Daily: Friday, 28th July  Fortune
Wells Fargo Broadsided Anew With an Auto Insurance Sales Scandal
Wells Fargo & Co.'s campaign to rebuild customer and shareholder trust just hit another bump, as the bank said it may have pushed thousands of car buyers into loan defaults and repossessions by charging them for unwanted insurance.
Wells Fargo Returns $80 Million to Car-Loan Customers Charged for Unneeded ...  TheStreet.com
Wells Fargo to refund $80 million to customers hit by car loan insurance  Reuters