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☆ I was an Amazon software engineer for almost 8 years. I either loved or hated the company — I never felt indifferent.
▼ + stars: | 2024-07-23 | by ( Pooya Amini | ) www.businessinsider.com time to read: +11 min

While working there, I never felt indifferent toward the company; I either loved or hated it. Amazon felt like an engineer-driven company because technical engineers had control over entire projects versus being assigned small tasks by non-technical managers. As a senior engineer, I ran a training on "customer obsession," one of the main "leadership principles" that define Amazon employees. Because there are so many principles, managers could use them in contradictory ways. Amazon on-call shifts were frustrating and exhaustingAt Amazon, most of our product decisions were based on customers.

Persons: —, I've, you've Organizations: Service, Amazon Vancouver, Amazon, Meta, Business, Amazon Web Services, Alexa, . Locations: Amazon Vancouver, Amazonians, Amazon

☆ Here are Wednesday's biggest analyst calls: Apple, Nvidia, Salesforce, Dell, Microsoft, Snap, McDonald's & more
▼ + stars: | 2024-02-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by Apple amid reports the company canceled its car project. Barclays reiterates Microsoft as overweight Barclays says investments made in advertising is a "$50 billion opportunity" for Microsoft. Goldman Sachs reiterates Salesforce as buy Goldman said it sees "upside" heading into Salesforce earnings Wednesday afternoon. Barclays initiates Weatherford as overweight Barclays says the oil services company is a "reborn industry player." Barclays upgrades Ecolab as overweight from equal weight Barclays says it has "strong visibility" for the food safety company.

Persons: Smucker, Stifel, DELL, Morgan Stanley, Apple, it's, NVDA, Goldman Sachs, Goldman, FSLR, Salesforce, Raymond James, Bernstein, Stellantis, Cantor Fitzgerald, Cantor, KBW, it's bullish, Guggenheim, McDonald's, Craig, Hallum Organizations: Apple, Barclays, Microsoft, U.S, " Bank of America, Nvidia, Bank of America, Constellation Energy, JPMorgan, Apollo, JMP, Weatherford, Bright, Holdings Locations: J.M, CY2026, Europe, UK, China, India, CEG

Loop Capital initiated Dell Technologies with a buy rating and a price target that implies more than 35% upside. Analyst Stephen Grambling hiked his price target by $9 to $49, while keeping his rating at overweight. Salesforce has popped nearly 14% in 2024, extending gains after the stock price came close to doubling in 2023 alone. Roseka's price target of $27.10 shows the potential for just 3.6% in upside compared with Tuesday's ending price. Analyst Ananda Baruah initiated coverage of the technology stock with a buy rating and a $125 price target.

Persons: Stifel, Smucker, Raymond James, Rick Patel, Patel, — Alex Harring, Kenneth Worthington, Worthington, Alex Harring, Morgan Stanley, Stephen Grambling, DKNG's, Grambling, DraftKings, Jackpocket, Morgan, Wednesday's premarket, Goldman, Goldman Sachs, Kash Rangan, Rangan, Bernstein, Daniel Roeska, Stellantis, Roseka, KeyBanc, Sophie Karp, CEG, Karp, Matthew Smith, Smith, Fred Imbert, Dell, Ananda Baruah, DELL, Baruah Organizations: CNBC, Dell Technologies, FactSet, Apollo Global Management, JPMorgan, APO, Grambling, Constellation Energy, Constellation, Dell, Capital, DELL Locations: Tuesday's, Wednesday's premarket, Grambling, Wednesday's, Salesforce, Netherlands, U.S, Europe

☆ Here's why Oppenheimer lowered Apple's price target to $200
▼ + stars: | 2023-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Oppenheimer lowered Apple's price target to $200Martin Yang, a senior analyst at Oppenheimer, joins 'Squawk on the Street' to discuss the firm's price target cut on Apple, demand for Apple's products in North America and Europe, and the company's pace of innovation.

Persons: Oppenheimer, Martin Yang Organizations: Apple Locations: North America, Europe

☆ Mum's the bad word: Most big Menendez donors won't say if they will keep backing New Jersey senator
▼ + stars: | 2023-09-26 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Several top party donors have privately told Menendez's campaign that he should resign, according to a longtime past supporter who spoke with CNBC. The PAC so far has raised approximately $300,000 for Menendez's 2024 reelection campaign, according to its president, Dr. Ben Chouake. NorPAC has donated a combined $15,500 toward the Menendez campaign and separate leadership PAC since 2017, according to OpenSecrets data. Prudential Financial , the large insurer, has donated $35,000 through their PAC toward Menendez's political operation since 2017, according to OpenSecrets. A Prudential spokeswoman declined to comment when asked whether the company's PAC would continue to support Menendez following his indictment.

Persons: Robert Menendez, Nadine Menendez, Sen, Bob Menendez, Menendez, NorPAC, Jon Kaiden, Kaiden, Cory Booker of, Ben Chouake, Chouake, We've, Couake, Goldman Sachs, General Atomics, Greenberg Traurig Organizations: New, New Jersey Democrat, CNBC, Baleon Capital, Menendez, Fund, Senate Foreign Relations, Banking, Finance, Democratic, Senate, Menendez's, PAC, Pfizer, Prudential Financial, Prudential, company's PAC, FEC, Comcast, Merck, Holtec Locations: Jersey, Union City , New Jersey, U.S, New Jersey, Israel, Manhattan, Cory Booker of New Jersey, OpenSecrets, Jerusalem

☆ Amazon raises free shipping minimum for some non-Prime members
▼ + stars: | 2023-08-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: 1 min

The Amazon delivery sign is seen on the exterior of the Amazon warehouse in Palmdale, California, on July 25, 2023. When they unionized, Amazon tried to get rid of them. In California, more than 80 delivery drivers are currently rebelling against the e-commerce giant, with a strike that could have major implications for the way it operates in the United States. For the past month, workers have been marching every morning in front of the warehouse in Palmdale, north of Los Angeles, to slow down the vans carrying the company's packages. (Photo by Robyn Beck / AFP) (Photo by ROBYN BECK/AFP via Getty Images)Robyn Beck/AFP/Getty Images

Persons: Robyn Beck, ROBYN BECK Organizations: Amazon, Getty Locations: Palmdale , California, California, United States, Palmdale, Los Angeles, AFP

Reuters GraphicsThe last time Tesla's job ads dipped by that magnitude, was in November, and the decline accelerated over the next three months, with Musk warning in January he expected a "pretty difficult recession". The job ads provide a glimpse of trends within the company's hiring policy, but do not offer details about absolute numbers of new hires or attrition. At that time, job ads on Tesla's U.S. website fell sharply over the next two months before rebounding in late 2022. That shows the company continues to recruit, keeping total job ads on its website near highs. Tesla has also removed a slightly larger number of job ads during that time, leaving it with almost 7,600 job ads across its U.S. career website.

Persons: Tesla, Elon Musk, Musk, Let's, Robert Lutts, Reuters Graphics Tesla, Noel Randewich, Jin, Anna Driver Organizations: FRANCISCO, Reuters, Cabot Wealth Management, Reuters Graphics, Ford Motor, General Motors, Meta, Microsoft, Amazon, Reuters Graphics Reuters, Manufacturing, Engineering, Information Technology, Service, Robotics, Thomson Locations: United States

☆ Starbucks' iconic coffee cup has a climate problem as mobile, drive-thru orders boom
▼ + stars: | 2023-06-03 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +10 min

The experience of on-the-go coffee may be reshaped if Starbucks achieves its reusable cup goal. Reusable coffee cup initiatives around the worldStarbucks has been experimenting with reusable cup concepts in markets around the world. Customers can then return their reusable cup at a participating store or by using the Starbucks app at a cup return kiosk. Even though a reusable cup option has been in place at Starbucks for over 30 years, many consumers, and Starbucks employees, remain oblivious to its existence. The future of the Starbucks' cup has broad implications.

Persons: —, Amelia Landers, Matt Prindiville, hasn't, Conrad MacKerron, MacKerron, Prindiville, IGD, Prindville, Kelly McBee, McBee, They're, Landers, Grace Lee Organizations: Starbucks, Business, CNBC, Arizona State University, Consulting, Clean Locations: Colorado, Hawaii, Taiwan, South Korea, Tokyo, Singapore, London, Geneva, Paris, Europe, Middle East, Africa, U.S, Seattle

☆ Best Buy shares rise on earnings beat, even as CEO says shoppers are showing 'recessionary behaviors'
▼ + stars: | 2023-05-25 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Televisions are seen for sale at a Best Buy store in New York City. As people buy fewer TVs, smartphones or home theater systems, Best Buy has looked for other ways to make money. It recently relaunched its membership program, My Best Buy, which charges a subscription fee and includes features like tech support, extended returns and early access to hot products. As of the end of January, Best Buy had more than 90,000 employees in the U.S. and Canada. She added that Best Buy wants to move more employees to roles where they interact with customers.

☆ Melinda French Gates' former chief of staff, who cofounded a unicorn startup, says 'Do you have any questions?' is the most important interview question to nail. Here's how to answer it.
▼ + stars: | 2023-04-23 | by ( Jeffrey Spector | ) www.businessinsider.com time to read: +5 min

His top interviewing tip is to knock the "question" question out of the park. Job candidates are focused on giving the right answers. My top interviewing tip is to knock the "question" question out of the parkSometimes, job candidates say they don't have any questions. Can you prove that you did your due diligence and have the competencies needed in the job you're applying for? Interviewers want to see candidates think specifically about this sector, this organization, and this role.

☆ Why Costco uses curiously large packaging for tiny products
▼ + stars: | 2023-02-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The ideal Costco packaging dimensions allow the company to ship, stock, and sell more efficiently. "If you walk through health and beauty, you will see a lot of [items] in that kind of envelope, so that is the very ideal Costco size." "Having $20,000 in high-end face cream on the pallet on the floor isn't good business," Carrier said. Big packaging lets suppliers ship a more manageable number of items to a Costco warehouse using the requisite pallet system. Carrier's company, Berkley, even specializes in helping Costco suppliers break a single tightly-packed container of imported goods into as many as ten trucks loaded with dozens of presentable palletized displays.

☆ Amazon cited by Labor Department for exposing warehouse workers to safety hazards
▼ + stars: | 2023-01-18 | by ( Annie Palmer | ) www.cnbc.com time to read: +5 min

The Labor Department's Occupational Safety and Health Administration has issued citations against Amazon at three of its warehouses for exposing workers to safety hazards, the department announced Wednesday. Amazon also faces a separate investigation by the U.S. Attorney's Office's civil division that centers around worker safety hazards at the e-retailer's facilities nationwide. Amazon warehouse workers have previously complained that the company's pace of work prevents them from taking adequate bathroom and rest breaks, and leads to unfair disciplinary actions. In April, workers at an Amazon warehouse on New York's Staten Island voted to form the company's first U.S. union. Workers at another Staten Island facility rejected a union, while a second election at an Amazon warehouse in Alabama is being contested.

☆ L'Oréal made a handheld, motorized device that helps people with disabilities apply lipstick. It's meant to give users independence.
▼ + stars: | 2023-01-05 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +5 min

The makeup giant L'Oréal announced a handheld, computerized lipstick applicator. On Wednesday, at the annual Consumer Electronics Show in Las Vegas, L'Oréal unveiled a handheld, computerized makeup applicator called Hapta. Now, Balooch said the makeup world was approaching a revolution in technology that could help many with disabilities. Hapta is essentially a miniature robotic arm that helps users stabilize a tube and apply lipstick. L’OréalOver the past few years, Balooch said, L'Oréal engineers have been working to make the company's packaging easier to open for people with disabilities.

☆ Twitter terminates its political action committee and donates leftover money to 2 charities that promote diversity and inclusion
▼ + stars: | 2020-10-22 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +5 min

Twitter has closed its political action committee and donated its surplus cash — more than $117,000 — to a pair of charities. Of the charities benefiting from Twitter's money, one focuses on engaging Latinos in the political process, and the other works to "eliminate racial discrimination, champion social justice, and improve race relations" in sports. "This funding will be used to further our mission of promoting full, nonpartisan participation of Latinos in the American political process, from citizenship to public service," Vargas said. To better support and defend our users, Twitter has created #PAC." Despite axing its PAC, Twitter still maintains a robust lobbying presence in Washington, DC.

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