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Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute...Energy Commoditiesread more
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
Yields slipped after Powell said the central bank will continue to act as appropriate to sustain the economic expansion.Bondsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their...Technologyread more
Amazon said Monday that it would contribute as much as $10,000 if employees want to leave the company and form new U.S. start-ups centered on delivering packages. Amazon said it would also pay these people the equivalent of three months of their most recent gross salaries when they were working for the company.
The offering follows the company's previous efforts to discourage its workers from staying if they don't want to stay. CEO Jeff Bezos talked about the company's "Pay to Quit" program in a shareholder letter five years ago, and now the company is going further.
"We want people working at Amazon who want to be here," an Amazon spokesperson told CNBC's Make It last year.
The program also lines up with Amazon's efforts to open up new delivery options. Last year it established the Delivery Service Partners initiative -- which sought to have independent business owners put the Amazon Prime logo on delivery vans -- even as it continues working with FedEx and UPS.
"Since the launch of the Delivery Service Partner program in June 2018, Amazon has enabled the creation of more than 200 new small businesses that have hired thousands of local drivers to deliver packages to Amazon customers," Amazon said in Monday's statement. "This year, the company plans to add hundreds more new businesses, starting with employees-turned-business-owners. Additionally, this program offering has expanded to employees in the UK and Spain."
Amazon stock was down as much as 3.8% during Monday's trading session, which was impacted by U.S.-China tariff concerns.