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Mid-day Update

PODCAST: How do you solve a problem like Amazon?

David Brancaccio Jan 29, 2015
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Mid-day Update

PODCAST: How do you solve a problem like Amazon?

David Brancaccio Jan 29, 2015
HTML EMBED:
COPY

Over the the last week, 43,000 fewer people had to file for unemployment benefits, which is a good sign. More on that. Plus, the first of the big oil companies to report their latest round of results is Shell. The Anglo-Dutch company managed to increase its profits even with the price of gasoline we’ve all been seeing. CEO Ben Van Beurden says he’s cutting spending by $15 billion dollars over the next three years to adjust. But, in a controversial move, Shell will keep expanding off Alaska. Also later today, Amazon will report its sales and profits. The internet giant’s stock has taken a beating from investors frustrated with the company’s heavy spending and not so heavy profits. 

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