All posts tagged "Jeff Bezos"

Former Republican strategist Steve Schmidt weighed in on what he sees as a major threat to the U.S.

Schmidt said on the latest episode of his program that, "47 percent of the country doesn't have $400 available for an emergency, and that is a foremost threat to the stability of the Republic."

He was commenting on Jeff Bezos, the Amazon founder and billionaire. Schmidt rebuffed Bezos' statements from a Friday interview arguing that working Americans pay too much in taxes. Schmidt called it performative coming from a billionaire "with a rocket in the background."...

Billionaire Jeff Bezos was mocked on Tuesday after news that the Amazon founder has reportedly grown "unhappy" with the attention his 417-foot yacht — which has a carved sculpture of his second wife, Lauren Sanchez — has brought him and now wants to sell it.

Nobel Prize-winning economist Paul Krugman described Bezos' decision on his Substack, and the symbolism behind a billionaire having buyer's remorse, especially amid President Donald Trump's second term and just hours after Bezos and Sanchez helped host the Met Gala on Monday night in New York City. He noted that Bezos, who was among those celebrating Trump's second rise to power and wanted "all restraints off" and "to live the privilege of their great wealth," might not have the same feelings now.

"And I think if you look at the first year or so of the second Trump administration, the people at the top, Elon Musk, Jeff Bezos, Mark Zuckerberg, they all were acting as if OK, no need to apologize, no need to pretend to be good," Krugman wrote. ...

Jeff Bezos' wife Lauren Sanchez has reportedly been trying to bring together First Lady Melania Trump and former Vogue editor Anna Wintour, according to reports on Monday.

Sanchez has been trying to play peacemaker between the two women after Wintour shaded Trump's style in a recent interview, just as Sanchez and Bezos were planning the upcoming Met Gala in May, Reality Tea reported. Bezos and Sanchez have had close ties to the Trump administration and even attended the inauguration for President Donald Trump.

"According to Rob Shuter, Lauren Sanchez wants Melania Trump and Anna Wintour to sort out their differences," according to the outlet. "Her husband, Jeff Bezos, is chairing the 2026 Met Gala, and Sanchez spent time with Wintour during Paris Fashion Week. Insiders stated that the Black Ops Aviation founder has seen a rare opportunity to call for peace. 'Lauren is connecting very powerful dots,' one insider shared."...

A group Donald Trump is reliant on could be the president's undoing, according to an expert who believes losing said support will cripple the president.

Scott Galloway, a marketing professor at NYU Stern School of Business, believes if technology company leaders turn on Trump then the president will have little power in office. He told the The Daily Beast about his plan to put pressure on Big Tech leaders like Mark Zuckerberg and Jeff Bezos.

He said, "This is a coin-operated president. And these individuals have decided that their one and only job is shareholder value. And I empathize with that, I get it. There’s a ton of pressure; nobody wants to go first. ...

Amazon stocks fell by 2% Tuesday after White House Press Secretary Karoline Leavitt slammed the retail giant for a "hostile and political act" over President Donald Trump's tariffs, according to Forbes.

Two percent of Amazon's $1.97 trillion USD market capitalization comes out to a loss of $3.9 billion.

The White House was responding to a Punchbowl News report "citing an unnamed source with knowledge of the plan...to show how much of a good’s cost on the site comes from tariffs," Forbes reported. ...

CNN's Alayna Treene reported Tuesday that President Donald Trump called Amazon founder Jeff Bezos purportedly to chew him out over reports that the company planned to reveal price increases due to the administration's imposed tariffs on its website.

"Trump called Amazon founder Jeff Bezos Tuesday morning to complain about reports that his company was considering displaying the cost U.S. tariffs next to prices for certain products on its website, two senior White House officials told @CNN."

In subsequent posts, Treene wrote, "The call came shortly after one of the senior officials phoned the president to inform him of the story The controversy comes as Trump & Bezos have grown increasingly close in recent months. Bezos often visits the West Wing when in Washington to meet with the president."...