Revenue from Groupon’s?North American Goods business totaled 5 million in the first quarter, putting it on track to hit billion this year (that’s how much Amazon spent on shipping in the first?quarter). Meanwhile, Groupon?said the cost of revenue in North America totaled 1.4 million in Q1, with most of the year-over-year increase driven by the cost of inventory and shipping and fulfillment costs related to Goods.
Roadside clerk Aung Min works on a customer's document with his old typewriter along Pansodan Street in Yangon, Myanmar. YE AUNG THU/AGENCE FRANCE-PRESSE
Reveal’s investigation includes allegations that Indiana officials downplayed Amazon’s responsibility in a warehouse worker’s death because Indianapolis was in the running for the company’s coveted second headquarters at the time. Amazon declined to comment on the Indiana case, citing privacy concerns.
Retention, in particular, has not traditionally been an Amazon hallmark. At one point, the company had the second-highest turnover rate among the Fortune 500, and is known for an “only the strongest survive” approach?to retention.
Robert Carnell, chief economist and head of research for Asia Pacific at ING Group, said that China's moves in the past weeks have made it clear that it has no interest in a trade war.
Roberto Jaguaribe, president of Brazilian Trade and Investment Promotion Agency (Apex-Brasil), speaks during the Brazil Investment Forum in Sao Paulo, Brazil, on May 29, 2018. [Photo/VCG]
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Robin Li, chairman and CEO of Baidu, said the company will join hands with Guangzhou to strengthen cooperation in areas such as autonomous driving, intelligent connected vehicles and intelligent transport.
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Roach has warned that trying to cure multilateral deficits with bilateral tariffs such as those being imposed on China can only backfire - shifting the Chinese piece of the US trade deficit to higher cost producers and thereby taxing American consumers.
Rumblings about how much New York gave up in incentives to lure Amazon were echoing across social media and politicians from Congress to the State Legislature to the borough of Queens were threatening to wreck the party.