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Amazon has 2 options to deal with a USPS price hike, Credit Suisse says (AMZN)

Amazon has 2 options to deal with a USPS price hike, Credit Suisse says (AMZN)
  • Amazon has 2 options to deal with a USPS price hike, Credit Suisse says (AMZN) FOU: Amazon has 2 options to deal with a USPS price hike, Credit Suisse says (AMZN)

    If the United States Postal Service increases prices, Amazon could either absorb the added costs, or increase its Prime subscription rates, according to Credit Suisse analyst Stephen Ju. Ju estimates the added shipping costs would total between $1 billion and $1.8 billion. Amazon’s long-term profitability isn’t in jeopardy. Watch Amazon…

  • Apple warned its staff that it caught 29 leakers and 12 were arrested last year: leaked memo (AAPL) FOU: Apple warned its staff that it caught 29 leakers and 12 were arrested last year: leaked memo (AAPL)

    Apple posted a warning to its employees on Friday telling them not to leak. The memo has been leaked to Bloomberg.  In it, Apple says it caught 29 leakers last year and 12 of those were arrested.  Apple warned its employees against leaking to the media on Friday, Bloomberg reported.…

  • Oil hits its best level in more than 3 years FOU: Oil hits its best level in more than 3 years

    West Texas Intermediate crude oil hit the highest level since 2014 early Friday morning. The surge comes after a volatile week in the Middle East.  Follow oil prices in real time here.  Oil prices jumped to a three-year high early Friday morning. West Texas Intermediate crude rose to $67.76 a…

  • The Little Bank That Could FOU: The Little Bank That Could

    The modest size of the Lower East Side People’s Federal Credit Union belies both its public profile and the scrappiness of its chief executive officer.