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China is installing wind and solar power projects faster than any other country on the planet. It’s not that China is using less energy — it’s using more than ever — but it’s just adding wind and solar power to its grid at an astonishing pace. The country is constructing two-thirds — nearly 339 gigawatts — of the world’s utility-scale solar and wind projects. That is in addition to the 758 gigawatts of wind and solar capacity it has already built, according to the Global Energy Monitor. Wind and solar are now capable of generating 37% of the country’s power, according to Global Energy Monitor, already displacing coal’s dominance.
Persons: Donald Trump, It’s, , , Jonathan Pershing, William, Flora Hewlett, John Podesta, ” Podesta, Xi Jinping, hasn’t, Xia Yingxian, ” Li Shuo, Shuo, ” Shuo Organizations: CNN, Department, Global Energy Monitor, International Energy Agency, White, US, State Department, China’s Ministry of Foreign Affairs, Climate, Asia Society Policy Institute Locations: Mongolia, China, Europe, Africa, Podesta, Paris, China’s
New York CNN —Tropicana customers are in revolt over an orange juice bottle redesign. In July, Tropicana’s sales dropped 8.3% from the year prior, according to sales data by market research firm Circana shared with CNN. Tropicana's customers have expressed frustration at the new bottles. It’s more of a generic structure.”Tropicana's old carafe bottle design. “I had been a loyal customer for decades but now you lost me.”“I do not like the new bottle design,” another posted on Reddit.
Persons: Circana, you’ve, , Steve Lamoureux, Peter Clarke, ” Clarke, , Tiffany Hagler, Lamoureux, we’re, it’s, that’s, Joe Biden, ” Lamoureux Organizations: New, New York CNN, Tropicana, OJ, CNN, Coca, Brand, Product Ventures, Geard, Bloomberg, Getty, Tropicana Brands Group, Tropicana Brands, Tropicana OJ, Companies Locations: New York, Orange
CNN —United States envoy Amos Hochstein is due to visit Beirut “imminently” after Lebanon responded “positively” to a US-backed proposal to stop the Israel-Hezbollah war, Lebanese Prime Minister Najib Mikati said on Monday. US ambassador to Lebanon Lisa Johnson relayed the proposal to the Lebanese government via Nabih Berri, the parliament speaker, on Thursday night, a Lebanese official told CNN earlier. According to the official, Hezbollah reviewed the proposal and submitted their response to Lebanese authorities on Sunday evening. The Israeli source added that Hochstein has not yet confirmed when he will arrive in the region. Another Lebanese source familiar with the ceasefire talks told CNN earlier that President-elect Trump has endorsed Hochstein’s ceasefire negotiations track, increasing the chances of its success.
Persons: Amos Hochstein, imminently, , Najib Mikati, Al Araby, Mikati, Lebanon Lisa Johnson, Ed Ram, Netanyahu, Hochstein, Bezalel Smotrich, , Nabih Berri, Mohamed Azakir, Reuters Berri, Amal, Hassan Nasrallah, Donald Trump’s, Trump, Israel Organizations: CNN, United, Lebanese, UN, Getty, Reuters, Saudi, Al, Hezbollah, US Locations: Beirut, imminently ”, Lebanon, Israel, Lebanese, Nabih Berri, Lebanon’s, Israeli, Gaza, Al Awsat
AdvertisementMen far outnumber women as news influencers on social media, per a new Pew Research Center study. That gender skew is showing up again in the latest platform for news: social media. That gender gap stands out for a few reasons:First, there's a much narrower gender divide (51% male and 46% female) among working US journalists, per a 2022 Pew survey. In Pew's analysis, there was a much smaller (and flipped) gender gap in the overall audience for news content on social media among young people. YouTube had the biggest gender gap, while TikTok's was minimalThe gender divide among news influencers was fairly consistent across all platforms in Pew's study.
Persons: Walter Cronkite, Edward R, Murrow, Mark Penn Pew, Izea, influencers, Donald Trump, JD Vance, Joe Rogan, Adin Ross, John Della Volpe, bro, Trump, Kamala Harris, Alex Cooper, Influencers, Nabela Noor, Chip Somodevilla, Harris, Howard Stern, Galen Stocking, TikTok's Organizations: Pew Research Center, Pew Research, Journalism, Pew, Harvard Kennedy School Institute of Politics, Democratic National Convention, Spotify, Apple, YouTube
Sim left banking in 2017 and is now a published author, professional speaker, and career coach. This as-told-to essay is based on a conversation with Eric Sim, 54, a former banker turned professional speaker and executive coach. When I picked banking as a career, I had very little idea of what the job would actually involve. I can play the game, but I don't enjoy the gameSim left UBS in 2017 and is now a professional speaker and executive coach. Through my work as a speaker and lecturer, I have been able to share my know-how in banking and career planning with more people.
Persons: Eric Sim, Sim, I'd, Goldman Sachs, Morgan Stanley —, I've, I'm Organizations: DBS Bank, DBS, Lancaster University, Standard Chartered, Citibank, UBS, Banking Locations: Singapore, London, Shanghai, Hong Kong, secondments, China, Asia
The Chargers surely needed some luck, including the Bengals’ two missed field goals in the fourth quarter. Burrow also missed an open Chase on a deep ball down the right sideline that could have been a go-ahead touchdown. — Daniel Popper, Chargers beat writerSunday’s win shows Chargers’ improvementsThere will be plenty to clean up moving forward. AdvertisementThe Bengals extended McPherson, who earned the name Money Mac, before the season but he has been leaky this year. The Bengals only allowed three points and forced a turnover to let Burrow bring the team nearly all the way back.
Persons: Daniel Popper, Paul Dehner Jr, Zach Powell, J.K . Dobbins, Justin Herbert, mightily, Evan McPherson, Burrow, Ja’Marr Chase, Tee Higgins, Jim Harbaugh, — Daniel Popper, Sunday’s, Dobbins, Herbert, — Popper, Cincy, Terry, McPherson, Mac, He’s, Taylor didn’t, — Paul Dehner, Cam Taylor, Britt, Zac Taylor, Lou Anarumo, Ronald Martinez Organizations: J.K, Los Angeles Chargers, Cincinnati Bengals, SoFi, Sunday, Dobbins, Bengals, Cincinnati, Chargers, Baltimore, Washington Locations: Los Angeles, Kansas City, Baltimore, Cincinnati
Following Monday's trade, Jim Cramer's Charitable Trust will own 550 shares of DHR, increasing its weighting to roughly 3.6% from 3.4%. Since the election, Danaher shares have fallen from $250 each to $230 while Eli Lilly shares have dropped from $806 to $720. LLY YTD mountain Eli Lilly YTD Eli Lilly shares fell from $903 to $846 after a disappointing third-quarter report where inventory destocking of its fast-selling GLP-1 medications caused the company to miss estimates and lower full-year guidance. But the possible appointment of RFK Jr. has created a whole host of uncertainty for Eli Lilly and the drug stocks at large. If you look out to 2026, Lilly shares are trading at roughly 24 times.
Persons: Jim Cramer's, Donald Trump, Robert F, Kennedy Jr, We're, Danaher, Eli Lilly, Bioprocessing, Eli Lilly's, Lilly, Jim Cramer, Jim Organizations: DHR, Care Sector Fund, Department of Health, Human Services, RFK Jr, National Institutes of Health, HHS, CNBC Locations: Danaher
CNN —President-elect Donald Trump’s Cabinet picks are unique for many reasons. Kennedy brings his addiction worldview to prescription drugs such as those overseen by the Food and Drug Administration, which he would oversee if confirmed as HHS secretary. But Musk denied allegations of past drug use as reported in The Wall Street Journal early this year. Federal employees are barred from taking illegal drugs, and there are no reports to indicate that any of Trump’s Cabinet or other administration picks are using illegal drugs. CNN has reported that this year, Trump’s team is bypassing long and cumbersome FBI background checks for some of his Cabinet picks.
Persons: Donald Trump’s, Matt Gaetz, It’s, , Gaetz, Robert F, Kennedy Jr, Kennedy, Kurt Andersen, ” Elon Musk, Matthew Perry, Joe Rogan’s, Musk, Larry Kudlow, Hunter, Hunter Biden, Trump, Fred, Theo Von’s “, ” Von, Von, Sackler, Xi Jinping, Biden, Joe Biden, Florida’s Organizations: CNN —, Drug Enforcement, Department of Health, Human Services, Harvard University, Food and Drug Administration, Fox News, “ Department, Government, NASA, SpaceX, Street, Trump, CNN, Biden White, of Justice, Supreme, Purdue Pharma, Republican Locations: Florida, South Dakota, China, Mexico
How it performs on Amazon Prime Video matters more. But media experts told Business Insider that Amazon MGM could still profit from "Red One" and likely won't view it as a failure. Amazon MGM hopes the theatrical release will generate buzz for the film before it lands on Amazon Prime Video, Variety reported on Sunday. Frank Masi / Frank Masi / Prime"Red One" was initially going to premiere on Amazon Prime Video, but Amazon MGM later pivoted to a theatrical release. And if audiences think "Red One" will come to Amazon Prime Video during Christmas, they may choose "Wicked," "Moana 2," and "Gladiator 2" instead.
Persons: Chris Evans, Dwayne Johnson, Lucy Liu, , Bob Marley, Rob Mitchell, Variety, Matthias Frey, Johnson, Frey, Hivju, Callum, Frank Masi, Kevin Wilson, We're, that's, Jezz Vernon, Paul Mescal, Lucius, Aidan Monaghan, Paramount Pictures Mitchell Organizations: Amazon Prime, Pole, MGM, Gower, Analytics, Intelligence, Department of Media, Culture, Creative Industries, City , University of London, Variety, Netflix, Amazon MGM, University of Exeter, Paramount Pictures Locations: North America, London, UK
Learn moreIt's the ultimate Texas showdown in tonight's Monday Night Football match-up between the Houston Texans and Dallas Cowboys. We've compiled everything you need to know about where to watch the Texans vs. Cowboys, including global live streaming options. Where to watch Texans vs. Cowboys in the USThe Texans vs. Cowboys game will air across ABC, ESPN, and ESPN2 in the United States. Check price at DAZNHow to watch Texans vs. Cowboys anywhereAway from home and worried about missing out on the game? Check price at ExpressVPNHow to watch Texans vs. Cowboys with a VPNSign up for a VPN if you don't have one.
Persons: We've, It's, Fubo, ExpressVPN Organizations: Business, Houston Texans, Dallas Cowboys, Texans, . Cowboys, AFC, Cowboys, NFC, T, Texas, NFL, US, ABC, ESPN, ESPN2, DirecTV, Sling, ESPN3, DirecTV Stream Locations: Texas, Arlington , TX, United States, China
That's for good reason: An Apple TV set didn't make sense years ago. But in theory, if that goes well, then maybe Apple will be more interested in chasing an Actual TV Set. Apple still sells a dedicated Apple TV box, which you can plug into any TV to transform it into an "Apple TV." AdvertisementYou can debate whether Apple TV+ is actually successful — its movie strategy seems … challenged — but it at least makes sense strategically: Apple TV+ is supposed to generate recurring monthly revenue, and Apple is all about recurring monthly revenue as part of its "services" push. A TV set — even the most awesome TV set — would be a one-and-done proposition for Apple.
Persons: you've, That's, Mark Gurman, Gurman, doesn't, Tim Cook's, Donald Trump, Cook, Trump, Apple, we've, Ben Lovejoy, Steve Jobs, Yukari Iwatani Kane, Walt Mossberg, Jobs, I'm Organizations: Apple, Trump, YouTube, Google
New York CNN —President-elect Donald Trump’s pick for chairman of the Federal Communications Commission, Brendan Carr, wasted no time in stating his priorities on Sunday night. Carr is now the senior Republican at the agency, which meant he was widely expected to get the chairman appointment. As chairman, Carr may be able to steer generous federal subsidies to Starlink. In his Project 2025 chapter, Carr laid out an agenda for the federal agency under a future Trump administration. The FCC chairman during Trump’s first term in office, Ajit Pai, had a very different set of priorities.
Persons: Donald Trump’s, Brendan Carr, Carr, ” Carr, Elon Musk, , Trump, NewsGuard, hasn’t, “ Carr, Gigi Sohn, Tom Wheeler, Trump’s, Ajit Pai, Pai, Jessica Rosenworcel, can’t Organizations: New, New York CNN, Federal Communications Commission, FCC, Democrats, Republican, Politico, Elon, Facebook, Twitter, Meta, Microsoft, Apple, Trump, Communications, Free Press, Democratic, Democrat Locations: New York, Big Tech
Andrew Harnik | Getty ImagesPresident-elect Donald Trump's return to the White House is poised to have big impacts on consumer health care. CMS, in turn, administers the Affordable Care Act marketplace and the Children's Health Insurance Program (CHIP), among other endeavors. A spokesperson for Trump's transition team did not respond to a request from CNBC for comment about the President-elect's health policy plans. Still, it's a 'big' gamble to forgo health insurance Around 3.8 million people will lose their health insurance if the subsidies expire, the Congressional Budget Office estimates. Short-term health insurance plans offer coverage for limited amounts of time, and typically on fewer medical services than comprehensive coverage.
Persons: Donald Trump, Andrew Harnik, Donald Trump's, Michael Sparer, Sparer, Trump, Robert F, Kennedy Jr, Kennedy, who's, Mario Tama, Cynthia Cox, I'd, Cox, Sabrina Corlette, Georgetown University's, Corlette, Carolyn McClanahan, Larry Levitt, Levitt, enrollee, they're, Yasin Ozturk, Biden, It's, Organizations: Base Andrews, Getty, Affordable, Trump, Republican, Columbia University, of Health Policy, Management, of Health, Human Services, Medicare, Services, CMS, Children's Health Insurance, Washington Post, The Washington Post, CNBC, Providence St, Mary Medical Center, Finance, American, ACA, Cox, Congressional, Office, Republicans, Center, Health, Georgetown, Georgetown University's McCourt School of Public, Planning Partners, Medicaid, Social Security, Maskot, of Columbia, U.S, Capitol, Washington , D.C, Anadolu Agency, GOP, Corlette, pharma, Centers Locations: Base Andrews , Maryland, U.S, Duluth, Apple Valley , California, Jacksonville , Florida, Washington ,
AdvertisementMarija Riba and her husband quit their jobs and moved from London to Finland. I spoke with friends who've taken a career break to recover from burnout, and they all told me they were able to relax, recover, and successfully reenter the workforce. AdvertisementIn July, my husband and I quit our jobs and moved from London to Finland. In October, my husband and I moved into our own flat, for which my parents paid the deposit and the first month's rent. We don't know how long we'll stay, but Finland is the perfect setting to focus on my health.
Persons: Marija, It's, who've, I'd, I've, we've, I'm, haven't, He's, you've, Tess Martinelli Organizations: Marija Riba, Riba Locations: London, Finland, web3, acclimatize, tmartinelli
After announcing a swathe of names for his Cabinet, president-elect Donald Trump appears to be conducting auditions for his Treasury Secretary. AdvertisementHere's some of the best commentary we've seen about the race to be the next Treasury Secretary. Blowups somewhere are inevitable, and a Treasury secretary needs the experience to deal with the fallout in a way that reassures markets. There could now be a contest for Treasury Secretary where … the no1 job is reassuring the markets. In return he might be rewarded with the job of treasury secretary.
Persons: Donald Trump, Scott Bessent, Howard Lutnick, Marc Rowan, Kevin Warsh, Cantor Fitzgerald, Trump, Rowan, Apollo, Jay Powell, Warsh, Powell, hasn't, Kyle Bass, Mike Allen, You've, Ian Bremmer, Marco Rubio, Mike Waltz, Biden, Mr Lutnick, Mr Trump, … Mr Lutnick, , Mr Lutnick's, John Thune, Jeff Stein Organizations: Key Square Capital Management, Apollo Global Management, Federal Reserve, New York Times, The Times, Times, Hayman Capital Management, X, Trump's, Treasury, CNBC, Trump, Fed, White, National Economic Council, Eurasia Group, Bloomberg, The, The Washington Post Locations: X U.S, Eurasia, Washington, United States, The Washington
BEIJING, CHINA - SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. China's finance ministry is planning to front-load part of the 2025 local government special bonds quota to meet funding needs for major infrastructure projects, state-backed The Securities Times reported on Monday. The State Council, China's cabinet, typically determines and issues an advance allocation of new local government debt quotas for the following year in the fourth quarter, depending on economic conditions, the report said. By the end of October, local governments had issued 3.9 trillion yuan ($539 billion) in new special bonds, almost completing debt issuance under the 2024 quota, the report added. Earlier this month, China unveiled a 10 trillion yuan debt package to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure following the re-election of Donald Trump as U.S. president.
Persons: Donald Trump Organizations: Securities Times, State Council, Ministry of Finance, Beijing Locations: BEIJING, CHINA, Beijing, China
President-elect Donald Trump's flurry of announcements regarding Cabinet nominees has left investors with one unexpected headache: a suddenly cloudy picture of who will take the all-important position of Treasury secretary. One somewhat new name to emerge into the Treasury conversation is former Fed governor Kevin Warsh. However, the Wall Street Journal reported Sunday that Warsh also has emerged as potential Treasury contender. Yields took another leg higher on Monday amid the Treasury uncertainty. However, Fundstrat research chief Tom Lee said that once the Treasury nominee issue is settled, that should restore some market confidence.
Persons: Donald Trump's, Trump, Scott Bessent, Sen, Bill Haggerty, Howard Lutnick, Elon Musk, Powell, Stocks, Kevin Warsh, Jerome Powell, Warsh, Evercore, Tom Lee, Lee Organizations: Key Square Group, Federal Reserve, Treasury, Trump Trade, Trump, Wall Street
AdvertisementI tried premade mashed potatoes from four brands to see which provided the best taste and value. Kroger and Bob Evans were probably the best of the bunch, but the latter was a little better. When it comes to mashed potatoes, I prefer taking a little extra time to make them from scratch. AdvertisementI'm most familiar with Bob Evans and the Kroger-brand mashed potatoes since I normally shop at Ralph's, a Kroger-owned grocery chain. I decided to try all four to determine which brand makes the best premade mashed potatoes.
Persons: Bob Evans, Lamb Weston Organizations: Kroger Locations: Ralph's
And now, scientists hypothesize that Earth may have sported its own ring some 466 million years ago. Scientists previously believed that a large asteroid broke apart within the solar system, creating the meteorites that hit Earth during the Ordovician Period. The space rock is commonly referred to as a “mini-moon” due to it coming within 2.8 million miles (4.5 million kilometers) of the planet. Also, the suggested Earth ring would have “had to be the result of the disruption of a much larger body as the authors indicate in their paper,” he added in an email, so the asteroid, likely about 37 feet (11 meters) in diameter, could not have made a new ring for Earth. However, “this ring formation event we think may have happened only once in the last 500 million years.”
Persons: CNN —, , , Andrew Tomkins, Tomkins, Roche, Earth’s, landmasses, Vincent Eke, ” Eke, PT5, Carlos de la Fuente Marcos, la Fuente Marcos, ” Tomkins Organizations: CNN, Monash University, NASA, Institute, UK’s Durham University, Complutense University of Madrid Locations: Melbourne, Australia, Earth’s Roche
Getty ImagesAbout 1 in 5 Americans say they regularly get their news from "news influencers" on social media, according to a new study by the Pew Research Center. Social media site X remained the most popular, with 85% of influencer respondents reporting they were on the site. Risk of misinformationQuestions around the influence of independent social media creators on politics erupted prior to and after the presidential election. Both candidates utilized social media to reach younger voters, most notably when President-elect Donald Trump appeared on Joe Rogan's podcast and Vice President Kamala Harris joined the "Call Her Daddy" podcast — both podcasts with large followings on social media. Network interviews in recent elections have tended to be more combative than those conducted on independent podcasts or social media accounts, Darr said.
Persons: Galen Stocking, influencers, Basil Smikle, Smikle, Pew, Instagram, TikTok, Donald Trump, Joe Rogan's, Kamala Harris, Alex Cooper, Joshua Darr, Darr, Alaina, it's, Hurricane Helene, Wood, Joe Rogan, Matteo Recanatini, he's, That's, MAGA, Recanatini Organizations: Pew Research Center, CNBC, Democratic, Columbia, YouTube, Pew, Facebook, US, Republican, Trump National Doral, Getty Locations: Syracuse, Tennessee, Trump National Doral Miami, Miami , Florida
ArizonaResult: Trump 52.2%; Harris 46.7%Margin: Trump +186,138Two counties in Arizona make up the lion’s share of the population. After losing Arizona’s Latino vote by 24 points to Biden, Trump slashed his deficit to just 10 points this time. In some of these counties, Harris actually did improve on Biden’s performance, significantly. About 450 miles northwest of Vegas, in the state’s other major population center, in and around Reno in Washoe County, Trump also made strides. PennsylvaniaResult: Trump 50.4%; Harris 48.6%Vote margin: Trump +125,325Overall, Pennsylvania shifted 3 points to Trump between 2020 and 2024.
Persons: Donald Trump, Kamala Harris, Joe Biden’s, Harris, Biden, Harry Truman, Trump, It’s, Barack Obama, Harris ’, Henry, Harris underperformed, hasn’t, Clark —, , Clark, Hoke, Obama, Hillary Clinton, they’ve, Dane County, Dane Organizations: Democratic, Arizona, Trump, Republican, Maricopa, Biden, Fort Apache, Democrats, Trump ., Atlanta counties, GOP, Michigan, Grand Traverse, , Wayne, American, Clark, NBC News, Puerto Ricans, Democratic Party, Milwaukee Locations: Arizona, Maricopa County, Phoenix, Maricopa, Pima County, Tucson , Pima, Trump’s Arizona, Navajo, Apache County, Trump, Georgia, Atlanta, Douglas, Newton, Rockdale, Fulton, Gwinnett, DeKalb, Forsyth, Michigan, Lower, Grand, Traverse, Lake Michigan, Wayne, Black Detroit, Detroit’s, Dearborn, Israel, Hamtramck, Canton, Detroit, Oakland County, Macomb County, Nevada, Clark County, Las Vegas, Clark, Vegas, Reno, Washoe County, Washoe, . North Carolina, North Carolina, Robeson, Scotland, Swain County, Asheville, Buncombe County, Pennsylvania, Philadelphia, Biden’s, Puerto, Allentown, Reading, Hazleton, Lackawanna County, Scranton, Bucks, Pike County, New Jersey, New York, Chester, Montgomery, Harrisburg, Wisconsin, Harris, Milwaukee, Outagamie, Winnebago, Green Bay, Appleton, Madison
As a kid, our daughter was about as easy to deal with as it is possible for a kid to be. And, of course, many parents of trans kids feel that their children have, well, transformed. AdvertisementPublic discussions of trans kids often tend to focus on how they're different from cisgender kids, and on how parents face different challenges in supporting them. And trans kids are different from cis kids in some ways. We like her girlfriend, who is more willing to chat with us than our daughter, perhaps because we're not her parents.
Persons: absented, she's, Jack Halberstam, don't, we're
AdvertisementInflation's downtrend may not be as straightforward as some investors think, according to Charles Schwab. Immigration reform could mean higher labor costs," the note added. Labor costs risingLabor costs have accelerated in recent months, with unit labor costs among all workers in the business sector rising to 3.4% year-over-year in the third quarter, according to Federal Reserve data. Markets are beginning to dial back expectations for further rate cuts in response to inflation concerns," Schwab strategists said. Charles Schwab, Citi Economic Surprise Index"Stronger growth suggests that the Fed may not lower short-term rates as much as anticipated just a few months ago.
Persons: Charles Schwab, Donald Trump, Trump, Schwab, It's Organizations: Trump, Bureau of Labor Statistics, Labor, Federal Reserve, Unit, Bloomberg, Treasury, Business, Citi
CNN —Actor Taylor Lautner is reviving the “Twilight” saga love triangle debate of the late aughts in a very 2024 way. In a hilarious video, Lautner pretended to write in the voice of an irate internet dweller: “Honestly screw Edward. Passionate viewers often sorted themselves in Team Edward or Team Jacob. Ultimately, Bella chooses Edward and becomes a vampire so that their love can live on for eternity. Lautner, Pattinson and Stewart starred in all five “Twilight” movies that were released between 2008 and 2012.
Persons: Taylor Lautner, Lautner, Edward, Bella should’ve, Jacob, , Robert Pattinson, Bella, Kristen Stewart, it’s, Stephenie Meyer’s, Jacob “, Pattinson, Stewart Organizations: CNN, Edward
After 30 years in business, Amazon is a $2 trillion behemoth and one of the world's largest retailers. Some critics believed Amazon was doomed to never recover, but founder Jeff Bezos turned things around — with some helpful advice from Jim Sinegal, founder of rival retailer Costco. Amazon, Bezos added, would always aim to be the second type of company. Bezos credited the rebound to lower prices and promised to eliminate unnecessary costs in order to make more discounts possible, the Times reported — a similar strategy to Costco's. And what really drove it was lower prices for customers…" Bezos told Fox News in January 2002.
Persons: Amazon, Jeff Bezos, Jim Sinegal, Bezos, Barnes & Noble, Brad Stone, Sinegal, Stone, Jeff, We've Organizations: Costco, Barnes &, Amazon, The New York Times, Sales, Times, Fox News, Amazon Prime, CNBC Locations: Amazon's, Bellevue , Washington
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