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Tag:
Jeff Bezos
Arlington, VA
Business
Washington Post Begins Massive Layoffs, Reports Say: Here's Why
The Washington Post is moving forward with sweeping layoffs that are expected to dramatically reshape one of the country's most influential newsrooms. The job cuts were announced on Wednesday, Feb. 4. The layoffs are expected to sharply reduce sports, books, local, international, and podcast coverage, NBC News reported. Roughly 30% of The Post's workforce is being laid off, including more than 300 journalists from the newsroom, two people with knowledge of the decision told The New York Times. The reductions also affect employees on the company's business side. The Washington Post Gui…
Arlington, VA
Politics
WaPo Columnist Fired For Posts After Charlie Kirk's Killing: 'My Voice Will Be Sharper Now'
Washington Post columnist Karen Attiah said she was fired after social media posts about racism and gun violence in the US following the killing of controversial conservative activist Charlie Kirk. Attiah revealed her firing in a Substack post on Monday, Sept. 15. She joined the Post in 2014 and earned the 2019 George Polk Award for her coverage of the Saudi Arabian government's murder of fellow Post writer Jamal Khashoggi. The Post's biography for Attiah said that she "was" a columnist, referring to her in the past tense. A Post spokesperson declined to comment, but pointed …
Greenwich, CT
Business
6 CT Billionaires Land On Forbes Wealthiest Americans List; Richest Entry Tumbles 4 Spots
Forbes has released its annual list of the wealthiest Americans, and six business moguls from Connecticut have the honor and the cash to make an appearance. Topping the list are the usual suspects: Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, and Larry Page — a quintet whose combined $1.37 trillion fortune equals nearly a fifth of the entire $6.75 trillion U.S. budget. But Connecticut has its own recognizable names featured on the Forbes richest list. The state's wealthiest man, Greenwich's Steve Cohen, who runs Point72 Asset Management in Stamford and owns the New York Mets, fel…
Hartford, CT
Business
Jeff Bezos Selling Billions In Amazon Stock Amid Focus On Politics, Space Travel
Billionaire Jeff Bezos is planning to unload millions of Amazon shares, which could be worth about $5 billion. Bezos will sell up to 25 million Amazon shares, according to a filing with the Securities and Exchange Commission on Friday, May 2. The sales are expected to be completed by Friday, May 29, 2026. The shares could be worth up to $5 billion, depending on their value when sold. The tech giant's stock opened at $191.90 per share on May 2, down about 21% from its record high in early February. Bezos, who serves as Amazon's executive chair, founded the company a…
Arlington, VA
Business
Amazon Won't Show Tariff Price Hikes After 'Pissed' Trump Reportedly Calls Jeff Bezos
Amazon is denying that it planned to show US tariffs on product listings, after a report sparked backlash from the White House and an angry phone call from President Donald Trump to billionaire Jeff Bezos. The online retail giant refuted a report from Punchbowl News that said Amazon would show how Trump's tariffs are raising prices on many goods. The political news website reported that Amazon would "display how much of an item’s cost is derived from tariffs – right next to the product's total listed price" at checkout. Amazon said the idea was only floated for the compa…
Cambridge, MA
Lifestyle
Taylor Swift's Financial 'Strategic Genius' Examined In New Harvard Business Review Book
Taylor Swift created a huge economic impact with her record-breaking Eras Tour and a new book from Harvard Business Review will look at the pop star's financially savvy vision. "There’s Nothing Like This: The Strategic Genius of Taylor Swift" will be released on Tuesday, Apr. 8, the Harvard Business Review announced on Tuesday, Jan. 28. It was written by senior editor Kevin Evers, the author of several bestsellers, including books on digital disruption and marketing. The Eras Tour grossed more than $2 billion and generated a $10 billion economic impact on local economies, acc…
Hartford, CT
Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
Arlington, VA
Business
Layoffs Loom At Washington Post Amid Talent Exodus, Financial Struggles: Report
The Washington Post is bracing for significant layoffs this week, with dozens of employees in the business division expected to lose their jobs, according to a report. Layoffs are set to shake The Washington Post, targeting the business division of the Jeff Bezos-owned and Will Lewis-led newspaper, Oliver Darcy reported in his Status newsletter. Sources said the cuts will be substantial, potentially impacting dozens of employees. The news comes as morale continues to plummet at the newspaper, which has recently experienced a wave of high-profile departures. Star reporter Josh Dawsey is…
Somers, NY
Business
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says
ityAmazon is under fire following a US Senate report accusing the company of prioritizing speed over worker safety. Released by the majority staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee late Sunday night, Dec. 15, the report claims Amazon’s intense focus on productivity has led to unsafe working conditions. The Senate report outlines how Amazon’s warehouse workers face high rates of musculoskeletal disorders (MSDs) and other injuries caused by repetitive tasks and demanding quotas. It accuses Amazon of knowingly exposing employees to these risks, …
White Plains, NY
Business
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike. Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States. The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere. The strike could cause customers' holiday deliveries …
North Salem, NY
Lifestyle
2 With Westchester Ties Among Top 10 Richest People In US, Forbes Says
Two billionaires with strong ties to New York are among the Top 10 richest people in America, according to brand-new rankings released by Forbes. Checking in at No. 3 is the founder of Meta Platforms/Facebook Mark Zuckerberg, age 40, a White Plains native who was raised in the neighboring village of Dobbs Ferry. He has a net worth of $181 billion, says Forbes. Former New York City Mayor Michael Bloomberg, age 82, the owner of Bloomberg LP, is ranked 10th. Bloomberg's net worth is $105 billion. Bloomberg maintains a resident in Northern Westchester, in the town of North Salem. Checking in a…
Ashburn, VA
Business
Here's Who Rank As The Richest Virginia Billionaires In New Forbes 400 Report
A candy and pet food heiress is Virginia's wealthiest business owner once again, according to Forbes' most recent ranking of the richest people in America. With an estimated net worth of $47.6 billion, 84-year-old Jacqueline Mars, who owns approximately one-third of the candy, food and pet care firm founded by her grandfather, made the top 20 on the list, not far ahead of another family member. Jacqueline Mars, who worked for around 20 years and served on the company's board until 2016, was joined on the list by Pamela Mars, who has worked at her family's company for nearly f…
Rockville, MD
Business
Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report
Former and current sports team owners are among the richest in Maryland, though everyone is still chasing the renowned Lerner family, according to Forbes' most recent ranking of the richest people in America. With an estimated net worth of $5.8 billion, 94-year-old Annette Lerner and her family, which owns the Washington Nationals, as well as Lerner Enterprises in Rockville, are the most wealthy in Maryland, the new report states, though they are being rapidly approached by other moguls in Maryland. According to the report, "Lerner Enterprises is among the largest owners of real estate in t…
Ridgefield Park-Hasbrouck Heights, NJ
Lifestyle
Kenny Chesney's Private Jet Lands In Teterboro Ahead Of Upcoming Shows
Kenny Chesney has arrived. The country star's private jet touched down at Teterboro Airport at approximately 11 a.m. on Wednesday, May 29, according to a popular Facebook page dedicating to tracking celebrity aircrafts. Earlier this month, Chesney was ranked No. 13 for celebrities with the highest private jet emissions, in a list put out by Thrillist citing data pulled from JetSpy. Chesney, currently on his "Sun Goes Down" tour, has shows booked in Syracuse, NY on May 30, Pittsburgh, PA on June 1, and Philadelphia on June 8. Ground Control, the site that tracked Chesney's Garden State tou…
Towson, MD
Sports
Taylor Swift Touches Down In Baltimore
Taylor Swift is in the building. M&T Bank Stadium, that is. The 34-year-old pop star's Dassault Falcon 7X touched down at the Baltimore/Washington International Thurgood Marshall Airport, less than 40 minutes after taking off from Morristown Airport, in NJ on Sunday afternoon Jan. 28, according to her jet-tracking Reddit account run by programmer Jack Sweeney. As expected, Swift is in Charm City to support beau Travis Kelce, the tight end on the Kansas City Chiefs (13-6), playing the Ravens (14-4) this afternoon in the AFC Championship game. Page Six shared photos o…
Parsippany-Troy Hills, NJ
Lifestyle
Taylor Swift's Private Jet Just Left Morristown, Celeb Aircraft-Tracker Says
A Reddit page designated to tracking Taylor Swift's private jet says that one of her planes landed in Morristown but left less than 24 hours later Saturday, Jan. 13. TaylorSwiftJets, or @SwiftJetNextDay on X, is run by programmer Jack Sweeney, who notoriously had 30 of his Twitter accounts banned by Elon Musk after he bought the social platform. Sweeney was named to the Forbes 30 Under 30 list for Consumer Tech in 2023. On Friday, Jan. 12, Sweeney's Reddit page for Swift — who has a home in New York City — said that her 2009 Dassault Falcon 7X (SN 27) touched down in Morristown, and on Satu…
Paramus, NJ
Lifestyle
What Is New Jersey? Garden State Takes Center Stage On 'Jeopardy!'
It was the "Jeopardy!" category New Jersey aficionados have been waiting for. On Tuesday, June 27's episode, "It Came From New Jersey" was one of the categories in the initial Jeopardy! round. The clues? $200: We rule that Samuel Alito & Antonin Scalia came from this state capital $400: Songs in this Broadway show include "Walk Like A Man" & "Big Girls Don't Cry $600: An origin story of this candy involves the sweets in an Atlantic City shop being flooded by the ocean $800: It was actually a trio of brothers who founded this New Brunswick-based healthcare compan…
Egg Harbor Township, NJ
News
Dan Snyder To Sell Commanders To Group Led By NJ Devils Billionaire Owner Josh Harris: Reports
White smoke can be seen coming from FedEx field, but there’s no fire. One day after billionaire Jeff Bezos said he would stay away from the team, the Washington Commanders have reportedly been sold for a record price to a group led by Josh Harris, owner of the New Jersey Devils. pic.twitter.com/4CTiCULI0x — Barstool DMV (@Barstooldmv) April 13, 2023 The news was first reported by Sportico, Sports Business Journal, and CBS News before it was confirmed by other outlets. Already the owner of the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, Harris’ group has reportedly agreed in …
Gettysburg, PA
News
Dan Snyder To Sell Commanders To Group Led By Billionaire 76ers Owner Josh Harris: Reports
White smoke can be seen coming from FedEx field, but there’s no fire. One day after billionaire Jeff Bezos said he would stay away from the team, the Washington Commanders have reportedly been sold for a record price to a group led by Josh Harris, who owns the Philadelphia 76ers. pic.twitter.com/4CTiCULI0x — Barstool DMV (@Barstooldmv) April 13, 2023 The news was first reported by Sportico, Sports Business Journal, and CBS News before it was confirmed by other outlets. Already the owner of the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, Harris’ group has reportedly agreed in…
Arlington, VA
News
Dan Snyder To Sell Commanders To Group Led By Pro Sports Tycoon, DC Billionaire: Reports
White smoke can be seen coming from FedEx field, but there’s no fire. One day after billionaire Jeff Bezos said he would stay away from the team, the Washington Commanders have reportedly been sold for a record price to a group led by Josh Harris, who looks to add to his collection of pro sports teams. pic.twitter.com/4CTiCULI0x — Barstool DMV (@Barstooldmv) April 13, 2023 The news was first reported by Sportico, Sports Business Journal, and CBS News before it was confirmed by other outlets. Already the owner of the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, Harris’ group h…
Arlington, VA
Sports
Here's What We Know About The Timeline For Dan Snyder To Sell Commanders For $7B
Fans of the Washington Commanders have been rejoicing for days since embattled owner Dan Snyder announced that he could sell the team, however, the much-maligned head honcho of the former “Football Team” franchise will be walking away an even more wealthy man than he already is. Related story - Teen Suspect In Custody For Shooting, Attempted Robbery Of Commanders RB Brian Robinson: Police The Snyder family could be eyeing a record-setting $7 billion cash windfall for selling the Commanders franchise, shattering the previous record for the sale of a sports team, and it could happen as …
Massapequa, NY
Lifestyle
Brand-New Forbes Rankings Reveal Richest NY Residents
The richest people in America are revealed in a new Forbes 400 ranking, which includes over a dozen New Yorkers. To come up with its 41st annual list of the 400 wealthiest Americans, the outlet consulted with a variety of sources, including financial advisors, Securities and Exchange Commission documents, court filings, attorneys, and news articles. Researchers looked at assets held, including public and private companies, as well as personal property like car collections, yachts, planes, and jewelry. Debts and charitable giving were also factored in, Forbes said. The top 20 people on th…
Fredericksburg, VA
News
Five Virginia Residents Named To Forbes List Of Richest In America
Five Virginia residents were named to the 2022 Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the country is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Virginians who…
Gaithersburg, MD
News
Seven Maryland Residents Named To Forbes List Of Richest In America
Seven Maryland residents were named to the Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the world is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Maryland residents who made the lis…
Franklin Township, NJ
News
Three NJ Residents Named To Forbes List Of Richest In America
Three New Jersey residents were named to the Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the world is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The New Jersey residents who made the…
Bristol, PA
News
Nine Pennsylvania Residents Named To Forbes List Of Richest In America
Nine Pennsylvania residents were named to the 2022 Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the country is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Pennsylvanians…
Lower Merion-Narberth, PA
Lifestyle
Jeff Bezos' Ex-Wife Divorcing Suburban Philadelphia High School Chem Teacher Husband
Jeff Bezos' ex-wife MacKenzie Scott has apparently filed for divorce from her second husband Dan Jewett, who taught chemistry in suburban Philadelphia, after less than two years of marriage. Scott, 52, filed a petition for divorce Monday, Sept. 26 in the King County Superior Court in Washington State, the New York Times reports. Jewett reportedly did not contest the divorce. Jewett and Scott confirmed their marriage in a statement released March 6 on the Giving Pledge website, a campaign that encourages wealthy people to donate a majority of their wealth to charity. And they did j…
Hampden-Silver Spring, PA
News
Jeff Bezos Blasts PA Professor Who Hoped Queen Elizabeth II's Death Was 'Excruciating'
Twitter has removed the tweet of a Carnegie Mellon professor after she wish Queen Elizabeth II "excruciating pain" while she was on her deathbed. "I heard the chief monarch of a thieving raping genocidal empire is finally dying. May her pain be excruciating," Dr. Uju Anya, an associate professor of second language acquisition at the acclaimed Pittsburgh-based university tweeted on Thursday, September 8. The tweet was removed by Twitter for violating the platform's policies only after Amazon founder Jeff Bezos questioned the reason for Anya posting such a statement. "This is someone suppos…
Massapequa, NY
Business
Amazon Workers At Massive NY Facility Become Company's First Unionized Warehouse
Workers at an Amazon warehouse in New York have made history in becoming the first in the company’s history to successfully form a union. In Staten Island, voters from the JFK8 fulfillment center easily voted to approve the measure, with the Amazon Labor Union winning 2,654 yes votes versus 2,131 no votes for the company. It represents the first group of Amazon employees to unionize in the company’s history - something Amazon has valiantly fought to avoid - though it may still look to overturn the result. Amazon has until Friday, April 8 to dispute the results of the vote. “(Amazon) wante…
Lower Paxton, PA
News
Jeff Bezos' Ex-Wife Donates $1.5 Mil To PA Nonprofit
Jeff Bezos' ex-wife MacKenzie Scott— a philanthropist and novelist— has donated $1.5 million to an organization based in central Pennsylvania, according to a release by the recipient. The donation was made to Communities In Schools of Pennsylvania, which currently serves 12,000 students in 21 schools, according to the release. The donation is part of a larger gift of $133.5 million donated to 40 affiliate groups of Communities In Schools national, reports CNN. “This is the largest, and most inspiring, donation in the history of our organization. These funds will allow us t…
Towson, MD
Sports
Meet The UMD Grad Responsible For Jeff Bezos' Body
See those bulging biceps and toned calves on Jeff Bezos? They're not from doing the heavy lifting at the Amazon warehouses himself. According to an article in the New York Post, they're thanks to his fitness trainer, Wesley Okerson, who has trained other celebrities including Katie Holmes, Sacha Baron Cohen, Gerard Butler and more. View this post on Instagram A post shared by Wesley (@wesokerson) Okerson found his passion for fitness in college pitching, for the Frostburg University baseball team. He transferred to the University of Maryland…
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