Like the billions in public money destined for Amazon's benefit and that of the world's richest man, it's all perfectly legal.
The two employees decided to the buy units just before the first press reports surfaced that Amazon was likely to choose Long Island City for its new headquarters, Mr. Aguayo said. The buyers now live in New Jersey and Queens, he added.
While employees aren’t permitted to buy and sell stocks based on nonpublic information, several real estate lawyers said they were aware of no such prohibition for real-estate transactions.
The WSJ reports no "reliable figures" on sales in the area since Amazon's announcement (and immediately before it, evidently) but it's explosive. One brokerage says it sold 150 condos in the last four days, 15 times its normal volume.
A woman in Glendale, California opened an Amazon box she was expecting but was surprised by the contents: numerous bottles of narcotics like oxycodone, hydrocodone and morphine, along with an invoice from the Drug Enforcement Administration. From KABC-TV: “Let me be clear, this package was not sent by DEA and these drugs were never in […]
Amazon says it will deploy an artificial intelligence surveillance system in warehouses that tells workers if they are too close to colleagues, as the coronavirus pandemic rages on and workers are placed at risk.
The European Union is expected to formally file charges against Amazon.com for harvesting data from third-party sellers, and using that information to compete against those sellers on the sales platform.
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