Tag: amazon
Facial Recognition Companies Commit to Police Market After Amazon, Microsoft
NEC, Clearview AI and Ayonix, which sell facial recognition products to police agencies in the U.S. and around the world, said they have no plans…
Bankrupt Hertz Can Tap Market Frenzy to Sell Potentially Worthless
Hertz Global won a bankruptcy judge’s approval to raise up to $1 billion in new equity from a counterintuitive stock rally, a move for a…
AE Network Cancels Hit Reality Show Live PD Amid Tension
A&E Network cancelled its most popular program, “Live PD,” which typically followed police officers in different U.S. cities simultaneously and rotated to whichever place had…
Nursing Homes Say Some Protective Gear Sent by FEMA Is
A major federal effort to ship protective gear to nursing homes during the coronavirus pandemic is providing equipment that some facilities say is unusable.
GM Wants to Leave Australia, but Breaking Up Is Hard
The decision to scrap much of its Australia operation highlights the difficulties the Detroit auto maker faces as it tries to leave unprofitable markets.
Unilever, Maker of Hellmanns and Dove, Tries to RestructureAgain
The consumer-goods giant said it would consolidate its dual British and Dutch corporate structure into a single company based in the U.K., a move it…
WSJ News Exclusive Amazon to Face Antitrust Charges From EU
The EU plans to file formal antitrust charges against Amazon.com, according to people familiar with the matter, the latest step in a nearly two-year probe…
Small-Town Retails Shining Moment Can Last
Retailers in less-populated areas have done better than the population-dense hubs during the coronavirus pandemic. Some are well-poised to continue outperforming big city retailers.
Congress Confronts Summer Deadlines for Stimulus Spending Decisions
Congress needs to decide how much more of a spending boost the U.S. economy needs as important deadlines loom for enhanced unemployment benefits and for…
Facebook Tries to Friend Small Businesses Crippled by Coronavirus
Small businesses are cutting their advertising on Facebook and turning to other tools on the platform. It is a trade the social-media giant is increasingly willing…
The Tesla of Trucking Has a Long Road Ahead
Investors in electric-truck startup Nikola need to make sense of a valuation equivalent to seven times revenues that aren’t expected until 2024.
PGE Launches Hunt for 20 Billion for Bankruptcy Exit
PG&E Corp. is asking a bankruptcy judge for an order allowing it to go to market to sell $20 billion worth of new debt and…