Amazon Orders Employees to Relocate to Seattle and Other Hubs at Bloomberg/Financial Post. “Workers are being told to relocate to such cities as Seattle; Arlington, Virginia; and Washington DC…One of the people said the relocation policy will affect thousands of employees on several teams.” Read more
Insiders Spill the Secrets Behind a Bezos-Sized ‘Super-Wedding’ at WSJ. “Details about the Bezos-Sánchez wedding have remained largely under wraps. The couple hired the wedding planner Lanza & Baucina, a discreet London-based group that planned George Clooney’s 2014 wedding, and is reportedly tying the knot on a Venetian island. Protests against the couple using Venice for their event are already under way.” WSJ subs.
Shipping insurance costs spike in the Middle East at CNBC. “Marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from insurance broker Marsh McLennan, up from 0.125%. There has also been an uptick in war risk insurance rates for the Red Sea, Marsh said, while cover relating to ports in Israel has more than tripled to 0.7%.” Read more
Tariffs Test Sam’s Club Strategy of Keeping Prices as Low as Possible at WSJ. “Sam’s Club…outlined more than 1,000 popular summer products on which it will hold prices until at least July 22, followed by promotional deals on those items July 23 through Aug. 17. They include 24-count beef hot dog packs, smashed burgers, cherry limeade, rotisserie chicken, paper towels, travel jogger pants, golf balls, street corn dip and organic fruit twists, all private-label goods.” WSJ subs.
Inside a low-key Walmart heir’s bid to save nature (while making a profit), after crediting it with helping him survive rare cancer diagnosis Fortune subs.
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NBCU Advertising Adds Walmart Data to Its Live Sports Playbook at Adweek. “Starting in Q4 2025, select advertisers will be able to reach targeted, strategic audiences and measure the impact of their streaming and linear media campaigns within NBCUniversal’s live sports moments. NBCU and Walmart completed a test last fall, with Walmart’s own campaigns resulting in a 4-times return on ad spend…” Read more
US to drop guidance to limit alcohol to one or two drinks per day, sources say at Reuters
280,000 eggs disappeared from America’s top producer. Then came a ransom note. at Washington Post. “With prices soaring, eggs of all brands were reported stolen from porches and farm stands. Two thieves were captured on camera sprinting through snow with more than 500 eggs from a Seattle cafe. A truck full of eggs was driven off an organic farm in Indiana. At one point, federal agents at the border were seizing eggs more often than fentanyl.” Read more
Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley at The Hill
ICE raids and their uncertainty scare off workers and baffle businesses at AP. “Farmers, cattle ranchers and hotel and restaurant managers breathed a sigh of relief last week when President Donald Trump ordered a pause to immigration raids that were disrupting those industries and scaring foreign-born workers off the job. “There was finally a sense of calm,’’ said Rebecca Shi, CEO of the American Business Immigration Coalition. That respite didn’t last long…” Read more
HD Supply named the National Apartment Association’s 2025 Supplier of the Year Press release
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