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Jeff Bezos

Jeff Bezos Donates $100 Million to Obama Foundation To Honor of Congressman John Lewis

Kimberly Redmond | Equities.com |

Amazon.com Inc founder Jeff Bezos donated $100 million to former President Barack Obama’s foundation in honor of the late Congressman John Lewis, a key figure in the US civil rights movement.

The foundation said it is the largest individual contribution it has received to date and included a request from the billionaire that the plaza at the Obama Presidential Center under construction in Chicago be named after Lewis.


US Rep. Blumenauer Proposes Taxes on Commercial Non-Scientific Space Flights

Kimberly Redmond | Equities.com |

Following the successful launch and return of Blue Origin’s first manned flight to space on Tuesday, a Democratic lawmaker proposed legislation that would tax space travel for non-scientific research purposes.

US Rep. Earl Blumenauer (D-OR), a senior member of the House Ways and Means Committee, introduced the Security Protections Against Carbon Emissions (SPACE) Tax Act, which would create excise taxes on commercial space flights carrying human passengers.


Jeff Bezos Says Amazon Needs 'To Do a Better Job' for Its Employees

Reuters | Equities.com |

Amazon.com Inc (Nasdaq: AMZN) needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as chief executive officer of the online retail giant.

Bezos’ comments came just days after Amazon warehouse workers in Alabama voted against forming a union by a more than 2-to-1 margin - a major win for the retailer that has fiercely resisted unionization for decades.


Amazon CEO Jeff Bezos Says He Supports Corporate Tax Hike After Broad Criticism

Reuters | Equities.com |

Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media.

“We support the Biden Administration’s focus on making bold investments in American infrastructure,” Bezos said in a blog post. “We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate).”


Bill Gates Aims To Work More Closely With Jeff Bezos To Fight Climate Crisis

Kimberly Redmond | Equities.com |

Bill Gates wants to work more closely with Amazon.com Inc chief executive officer Jeff Bezos to combat the growing climate crisis by helping to make green products more accessible, according to Bloomberg Technology.

During an interview Monday with the outlet, the Microsoft co-founder said he believes the effects of climate change could eventually eclipse those of the COVID-19 pandemic in terms of fatalities and overall global impact, which is why it is critical for the world “to invest in advance for problems that come later.


Amazon CEO Jeff Bezos Regains Top Slot Among World's Richest People

Kimberly Redmond | Equities.com |

Amazon.com Inc chief executive officer Jeff Bezos reclaimed his title Tuesday as the world’s richest person, ending Tesla Inc chief Elon Musk’s six-week reign at the top.

According to the Bloomberg Billionaires Index, which ranks the world’s richest based on their current net worth, Bezos wealth is $191.2 billion, $955 million more than Musk. https://www.bloomberg.com/billionaires/profiles/jeffrey-p-bezos/?sref=rEjryNCU 

On Tuesday, Musk saw...


Twenty Additional Companies Join The Climate Pledge

Kimberly Redmond | Equities.com |

Another 20 companies have signed The Climate Pledge, a commitment to reduce carbon emissions that was launched by Amazon.com Inc (Nasdaq: AMZN) founder Jeff Bezos.

Created in 2019, The Climate Pledge encourages corporations to collaborate and share technologies, best practices and other innovations to help address critical climate challenges. As part of the agreement, companies are required to regularly report on greenhouse gas emissions, carbon elimination and credible offset...


Jeff Bezos To Step Down as Amazon CEO in Q3 2021, To Be Succeeded by Andy Jassy, Head of AWS

Reuters | Equities.com |

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time.

This summer, Bezos, 57, will hand the keys of the world’s largest online retailer to Andy Jassy, head of its cloud computing division. The announcement ends a long-running question about who would succeed the world’s second-richest person at the company’s helm.


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