Business

Trump attacks Amazon, again, over U.S. postal rates

(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax. Trump’s comments on Twitter reiterated criticisms he made on Thursday about the company.…

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Eager for calming news, investors look to earnings

NEW YORK (Reuters) – Nervous stock investors are hoping an unusually U.S. strong earnings season can restore some of the optimism that characterized equity markets last year. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 26, 2018. REUTERS/Brendan McDermid Imploding technology stocks and…

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Zuckerberg disavows memo saying all user growth is good

SAN FRANCISCO (Reuters) – A Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer Mark Zuckerberg. Facebook CEO Mark Zuckerberg speaks on stage…

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Business

Zuckerberg disavows memo saying all user growth is good

SAN FRANCISCO (Reuters) – A Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer Mark Zuckerberg. Facebook CEO Mark Zuckerberg speaks on stage…

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