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The Trouble with Amazon

Amazon: the new Montgomery Ward Amazon (let's be honest) is a company in trouble. Oh, its financials are fine. It's profitable, even. It's growing. By all normal metrics, it's not in trouble at all. But common sense says the shit's about to hit the fan. Amazon is on a collision course with destiny—the destiny of all companies who ever tried to do too much (Kmart, Federated Dept.
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Amazon's Profits Rise To $13 Billion, But Profits Slip

Business & Finance : Fast Company (2 years ago)

News updates all day from your Fast Company editors. Amazon's last quarter results were reported late yesterday, and show that the online retailer is seriously growing its sales: Revenues at $13.2 billion were up 34% year on year. B... Read Post

Amazon can’t use stall tactics to hide its cloud revenues for much longer

Business & Finance : Venture Beat (8 hours ago)

For years, market-leading public cloud Amazon Web Services (AWS) has hidden in the shadows of’s quarterly earnings statements. But that could change. Amazon might have to open up about the profitability of its cloud divis... Read Post

Portugal President Admits Espirito Santo Failure Could Be Systemic As Another HoldCo Goes Bankrupt

Business & Finance : Zero Hedge (9 hours ago)

As RioForte joins its parent ESI in bankruptcy, in a strangely honest turn of events from a European leader, Portugal's President Anibal Cavaco Silva warned on Monday that fallout from the financial troubles of the founding family o... Read Post

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