In this file:
· Jeff Bezos could become world’s first trillionaire as coronavirus pushes Amazon profits
· A seventh Amazon employee dies of COVID-19 as the company refuses to say how many are sick
· Coronavirus: Amazon to make face shields and sell at cost
Jeff Bezos could become world’s first trillionaire as coronavirus pushes Amazon profits
by: Alexa Mae Asperin and Nexstar Media Wire
via WGN Chicago - May 14, 2020
SAN FRANCISCO (KRON) – Amazon founder and CEO Jeff Bezos is projected to become the world’s first trillionaire.
That’s according to Comparisun, a company that allows small- to medium-sized firms to compare business products.
Their projection shows Bezos reaching trillionaire status by 2026.
The company said their projection is based on taking the average percentage of yearly growth over the past five years and applying it to future years.
As of Thursday, Bezos’ net worth was estimated at $143 billion, according to Bloomberg’s Billionaires Index, which tracks the worth of the world’s richest people daily.
Compared to last year, Bezos’ worth has surged by more than $28 billion.
Amid the ongoing coronavirus pandemic, Amazon has continued to thrive as more people turn to online shopping.
In recent weeks, however, protests have been held at several Amazon warehouses as workers call for better safety precautions...
A seventh Amazon employee dies of COVID-19 as the company refuses to say how many are sick
Workers say they aren’t being told of virus deaths at their facilities
By Josh Dzieza, The Verge
May 14, 2020
An Amazon warehouse worker in Indianapolis, Indiana, has died of COVID-19, the company confirmed.
The death brings the known total of COVID-19 deaths at Amazon warehouses to seven, but Amazon’s process for notifying workers makes the true number difficult to determine. Several workers at IND8 first learned of the death through rumors and say management began informing employees more widely only after being confronted.
“They weren’t going to say anything if it wasn’t for people asking questions,” says a worker at IND8, who asked to remain anonymous out of fear of retribution.
Amazon has repeatedly declined to say how many warehouse employees have been diagnosed with or died from the virus. In an interview on “60 Minutes” that aired Sunday, Amazon senior vice president of worldwide operations Dave Clark called statistics on infections “not a particularly useful number.” On Tuesday, 13 state attorneys general wrote to Amazon requesting data on the number of workers who had contracted or died of COVID-19.
An Amazon spokesperson said the company was made aware of the Indiana employee’s death on April 30th and immediately notified all employees within the building. “We are saddened by the loss of an associate at our site in Indianapolis, IN,” the company said in a statement. “His family and loved ones are in our thoughts, and we are supporting his fellow colleagues in the days ahead.”
In March, Amazon workers criticized the company for failing to notify employees when their colleagues were diagnosed with the virus...
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Coronavirus: Amazon to make face shields and sell at cost
BBC News (UK)
14 May 2020
Amazon says it will produce hundreds of thousands of face shields for medics and sell them at cost price in the US.
The internet giant said engineers from its drone and hardware divisions had been tasked with developing the product.
At first, it will sell them to healthcare professionals, before making them available to all Amazon customers.
Amazon is not the first major US firm to use its resources to produce personal protective equipment (PPE).
Apple began sending face shields to hospitals in March. Space X, HP and Ford also used their manufacturing resources to make and donate face shields and other types of protective equipment.
Amazon said that it had donated 10,000 face shields in the US and was "on track" to deliver a further 20,000.
But its plan to sell them at low prices on its website will make them available to the general public, something other firms have not done.
A look on Amazon's marketplace on Thursday showed face shields sold by independent sellers were priced between $12 (£9.80) and $35.
Once Amazon makes its mask available to all its customers, it could drive the price down significantly.
The online retail giant has faced criticism for undercutting the prices of independent retailers on its sites, but anti-trust experts say its efforts to help in this crisis will likely offset those concerns.
"People who are concerned about Amazon's predatory behaviour might be concerned but more people will be happy Amazon is making sure these are lower cost at a time of crisis," said Michael Kades, director of markets and competition at the Washington Center for Equitable Growth.
Amazon's design ...