Morning Jolt: Amazon Makes Mistakes, Too

This is Dominic Pino filling in for Jim Geraghty.

On the menu today: Food.

TODAY'S JOLT IS SPONSORED BY WITH DOMINIC PINO June 17 2024 Amazon Makes Mistakes, Too This is Dominic Pino filling in for Jim Geraghty. On the menu today: Food. Amazon's Plan to Remake Grocery Stores Amazon has transformed the way people shop with its extremely fast delivery service and Amazon Prime subscription. The company has the fifth-largest market cap in the world at nearly $2 trillion. It employs 1.5 million people, second only to Walmart among private corporations, and has annual revenue of about $590 billion, also second to Walmart. Only nine countries' governments have annual revenue greater than Amazon's. Fears that Amazon is too powerful are compounded by the company's continued adeptness at creating new technologies. If it can always stay a step ahead of competitors, its grip on the market for seemingly everything will never go away, Amazon opponents say. The Federal Trade Commission has sued Amazon on antitrust grounds, saying it keeps prices too high to keep out competitors. This is ... READ MORE  > ADVERTISEMENT Why Traditional Investments Fall Short In today's financial landscape, many investors are feeling disappointed with traditional investment options. The once-trusted pillars of real estate, stocks, and bonds have left many Americans feeling unprotected. But, there is one asset that may help... Get this free guide to learn more. Learn More TOP STORIES    It's Time to Remove This Trace of Anti-Catholic Bigotry from Our Laws Ashley McGuire and Grazie Pozo Christie  > Nikki Haley Is Still the Strongest VP Pick Rich Lowry  > Nancy Pelosi, among Others, Could Benefit from This Summer's Eucharistic Congress Kathryn Jean Lopez  > North America Should Reconsider Its Electric-Vehicle Obsession Jerome Gessaroli  > Depicting North Korea Jay Nordlinger  > ADVERTISEMENT NR PODCASTS: FEATURED EPISODE    Late Admissions by Glenn C. Loury FEATURED PHOTO GALLERY    Russia-Ukraine War ADVERTISEMENT 19 West 44th Street, Ste. 1701, New York, NY, 10036 Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.

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