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"The town is basically one giant Airbnb," David Francis, an Oklahoma state official, told the Times. Unpaved roads plague rental owners, as does unreliable water infrastructure, which is essential to maintain the hot tubs that keep guests happy. Some cabin owners who bought properties recently, when prices were high, also worry that there aren't enough traveler bookings to make their investments worthwhile. It's enough of a gap, though, to deflate some new rental owners' dreams. "I hope I don't have to sell the cabin," Winegar said.
Persons: he's, he'd, , Hochatown, David Francis, Hochatown's, Jay Carney, Airbnbs, Todd McDaniel, it's, Leo Winegar, Winegar Organizations: Service, New York Times, Times, Dallas, Costco Locations: Hochatown , Oklahoma, Oklahoma, Dallas, an Oklahoma, , America, Airbnb, Hochatown, Idaho
The VP in charge of Amazon's ecommerce technology services has taken a sudden leave of absence. Sukumar Rathnam, an Amazon VP who was formerly Uber's chief technology officer, is taking a sudden leave of absence, Insider has learned. Rathnam was most recently VP of eCommerce services at Amazon, overseeing the retail giant's backend technology. It was his second stint at Amazon, after having spent almost 10 years in a retail VP role previously. Many Amazon employees voiced their opposition to RTO over the past 6 months, both publicly and privately, sparking an internal petition and a public walkout.
Persons: Sukumar Rathnam, Rathnam, Dave Treadwell, Ramesh Manne, Treadwell, Sukumar, Sundeep Jain, Rathnam's, Dave Clark, Jay Carney, Andy Jassy, Jeff Bezos, Brad Glasser, Glasser, Jassy Organizations: Amazon, Amazon's Locations: Amazon's
Amazon CEO Andy Jassy recently expanded his group of direct reports. Jassy has added at least 8 new executives to his direct reports since becoming CEO in 2021. Amazon recently created a new AI group that reports to CEO Andy Jassy. In his 2 years since becoming CEO, Jassy has added or replaced at least 8 executives in his top leadership team. (Jassy's direct reports are different from the S-team, a group of more than two dozen most senior decision-makers at Amazon).
Persons: Andy Jassy, Rohit Prasad, Prasad, Doug Herrington, Adam Selipsky, Brian Olsavsky, Jassy, There's, Dave Clark, Jay Carney, Jeff Blackburn, James Hamilton, Mike Hopkins, Eric Remling, Beth, Dave Limp, David Zapolsky, Drew Herdener, WW Communications Eric Rimling, Paul Kotas, Peter Krawiec, Alexa Stacey Pistole, Steve Boom, Steve Schmidt, Eugene Kim Organizations: Amazon, Alexa, Business, Amazon Studios, Amazon Devices, WW Amazon, WW Communications, Amazon Video, Corporate Locations: It's
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. One of Amazon 's top operations executives is leaving the e-retailer, the company confirmed. Melissa Nick, a vice president of North America customer fulfillment, will depart the company June 16, Amazon said. Nick reported to Yonatan Gal, a vice president in charge of overseeing Amazon's fulfillment supply chain, equipment maintenance and repairs, as well as fulfillment execution, in North America, according to internal company documents viewed by CNBC. Chris Vonderhaar, a vice president in charge of Amazon Web Services data centers, is leaving the company, GeekWire reported on Monday.
Persons: Melissa Nick, Amazon, Nick, Barbara Agrait, Melissa, Yonatan, Stefano Perego, John Felton, Amazon's, Andy Jassy's, Andy Jassy, Chris Vonderhaar, GeekWire, Jay Carney, Dave Clark Organizations: North, Amazon, CNBC, Amazon Web, Airbnb, Amazon Logistics Locations: Eastvale , California, North America, Europe
Emmett Shear, the CEO of Amazon 's live streaming service Twitch, is stepping down from his role, effective immediately, the company announced Thursday. After buying Twitch, Amazon was largely hands-off with the business, though it has offered Prime subscribers perks on the live streaming platform, like free games and in-game loot. Shear will be replaced by Twitch President Dan Clancy, who has been a "close partner" to Shear, he wrote in a blog post. "Twitch will always remain part of my extended family, a community where I grew in so many ways alongside Twitch itself." Earlier this month, Ring CEO Jamie Siminoff announced he was stepping down from his role at the home security subsidiary.
As in 2011, the GOP speaker runs a House majority full of ideologically-driven conservatives who want to use the debt limit as leverage to force budget changes on a Democratic-led Senate and White House. “It is possible we will eventually see House Republicans put forth a plan for dealing with both the debt limit and the spending problem. After 2011, the Obama White House drew a hard line when the debt limit deadline came up again in early 2013. Andrew Harnik / APAsked about Biden's position and the GOP criticisms, the White House said the president “takes a backseat to no one” on pursuing bipartisanship, but said that the no-negotiations stance from 2013 onward on the debt limit succeeded. “Everyone seems to have forgotten that there was a debt limit standoff in 2013 where Obama adopted the no-negotiation approach and prevailed with a clean debt limit,” he said.
Gregg Zehr, president of Amazon's hardware research and development group, known as Lab126, has retired, the company confirmed to CNBC. Tom Taylor, senior vice president of Amazon Alexa and a member of CEO Andy Jassy's elite S-Team, is also retiring, Amazon said. In July, public policy chief Jay Carney left to join Airbnb, and 23-year Amazon veteran Dave Clark resigned as retail chief a month later. Two prominent Black leaders — operations executive Dave Bozeman and Alicia Boler-Davis, senior vice president of global customer fulfillment — also announced their departures in June. The average tenure for vice presidents is about 10 years, and for senior vice presidents it is "much longer," the spokesperson said.
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