Amazon is launching its own grocery store in Los Angeles next year

After more than a year in beta, Amazon opened their cashier-less grocery store to the publicAmazon has begun hiring for a new grocery store that’s slated to open next year in a neighborhood of Los Angeles. The store is based in Woodland Hills, according to a job posting on Amazon’s website. It’s the first location of what is expected to be a new chain of grocery stores launched by Amazon. An Amazon spokesperson confirmed the store’s existence in a statement to CNBC: “Amazon is opening a grocery


After more than a year in beta, Amazon opened their cashier-less grocery store to the publicAmazon has begun hiring for a new grocery store that’s slated to open next year in a neighborhood of Los Angeles.
The store is based in Woodland Hills, according to a job posting on Amazon’s website.
It’s the first location of what is expected to be a new chain of grocery stores launched by Amazon.
An Amazon spokesperson confirmed the store’s existence in a statement to CNBC: “Amazon is opening a grocery
Amazon is launching its own grocery store in Los Angeles next year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: annie palmer
Keywords: news, cnbc, companies, hills, los, spokesperson, launching, angeles, woodland, grocery, stores, amazon, expected, cashierless, store, location


Amazon is launching its own grocery store in Los Angeles next year

After more than a year in beta, Amazon opened their cashier-less grocery store to the public

Amazon has begun hiring for a new grocery store that’s slated to open next year in a neighborhood of Los Angeles.

The store is based in Woodland Hills, according to a job posting on Amazon’s website. It’s the first location of what is expected to be a new chain of grocery stores launched by Amazon.

The news was first reported by CNET.

An Amazon spokesperson confirmed the store’s existence in a statement to CNBC: “Amazon is opening a grocery store in Woodland Hills in 2020.”

Amazon on Monday posted listings for a store leader, grocery associates and a food service associate. The new store isn’t expected to use cashierless technology like what is used in Amazon Go stores. Instead, it will have a conventional checkout, the spokesperson added.

The store is located in a shopping center and may have been built in a former Toys R Us location, according to Google Maps.


Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: annie palmer
Keywords: news, cnbc, companies, hills, los, spokesperson, launching, angeles, woodland, grocery, stores, amazon, expected, cashierless, store, location


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Vet turns family recipe into $80,000 venture that launched on Amazon

Currently they own about 2.5 million small businesses in America in a host of industries, according to the Small Business Administration. “The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner,” said Scales. The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner. Still, some of her fellow small business owners are already facing rising prices, she said. Mut


Currently they own about 2.5 million small businesses in America in a host of industries, according to the Small Business Administration.
“The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner,” said Scales.
The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner.
Still, some of her fellow small business owners are already facing rising prices, she said.
Mut
Vet turns family recipe into $80,000 venture that launched on Amazon Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: harriet taylor, jill cornfield
Keywords: news, cnbc, companies, family, sauce, survey, mutts, business, recession, amazon, prices, youre, think, vet, recipe, venture, small, scales, launched, 80000, turns


Vet turns family recipe into $80,000 venture that launched on Amazon

U.S. military veterans are a force to be reckoned with on the battlefield — and in business. Many choose entrepreneurship as their career after returning from service, equipped with a cadre of unique leadership and time-management skills. Currently they own about 2.5 million small businesses in America in a host of industries, according to the Small Business Administration. One is Charlynda Scales, who inherited her grandfather’s secret sauce recipe while serving as an acquisitions program manager in the Air Force. As the third of five grandchildren, she was surprised to be singled out as the recipient of the family jewels, but set about learning to bottle and sell it. “I was active duty, and my biggest goal was to buy a BMW with cash,” said Scales. “I’d saved $20,000 and took everything I’d saved and had to make a decision — you’re either gonna have a BMW or make this sauce company come to life.” Named in honor of her grandfather Charlie “Mutt” Ferrell Jr. — who served in the Air Force in Vietnam and the Korean War and whose call sign was “Mutt” for his ability to blend in, Scales launched Mutt’s Sauce LLC in Dayton, Ohio, in 2013. Last year she sold 18,000 bottles at prices ranging from $3 to $6 (for wholesale and retail). The tomato-based sauce is now available online, in Kroger’s stores and launched this week on Amazon.

Charlynda Scales with her grandfather Charlie “Mutt” Ferrell, Jr. at her Commissioning Ceremony on the day she went into the Air Force. Source: Charlynda Scales

Scales bootstrapped the business and — with the help of mentors like investor and Shark Tank star Daymond John and a $25,000 cash prize as a grand prize winner of the Bob Evans Farms Heroes to CEOs contest — she has managed to grow the business without taking on any investors and owns 100% of the company. If she decides to raise capital, it will be from a strategic partner and would need to be from someone who will be as committed to the company as she is, said Scales. “I have this one-team one-fight mentality, and I want my partners to be a part of my team,” said Scales. This year the tenacious entrepreneur is expecting sales to reach $80,000. More from Invest in You:

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7 tips to avoid overspending and going into debt this holiday season It’s a family affair. The first production of every flavor is taste-tested by one of the original five grandchildren to make sure it passes muster. Scales herself is allergic to pepper so can only consume the “Original” flavor, which Mutt developed especially for her so she wouldn’t feel left out at the dinner table (the “real” original version is Sweet and Spicy). The newest, limited-edition flavor, developed in partnership with Flat Rock Spirits distillery, a local brewery to support Ohio Tornado victims, is Mutt’s Sauce Limited Edition Bourbon Sauce and clocks in at 12% alcohol. “My mother taste-tested that sauce,” said Scales. “She’s not a drinker, so it was quite entertaining.” The family business keeps the lights on and pays the mortgage, but Scales is constantly looking for ways to save money and increase margins — her push into e-commerce is a big part of that strategy — and like many Americans, she is trying to figure out what the next year will bring for the U.S. economy. “I’m going to stay conservative until there’s a little bit of a recovery,” said Scales. “I think a lot of people are penny-pinching probably and will be until after the election, so until then I’m just keeping things pretty consistent.”

Preparing for a future economic slowdown

Like many entrepreneurs, Scales is looking for ways to grow her business against a confluence of headwinds. Trade wars, the 2020 presidential election and concerns about a possible recession has her strategizing about how to continue to expand the company in the months ahead. She is making an aggressive push into e-commerce, where her margins can be as much as four times those of traditional retail, while constantly looking for ways to save money in operations and build up her own personal savings in case things get tough. “The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner,” said Scales. “At every point, you’re trying to save on overhead, and there’s no part of your day that isn’t involved with saving money.” She is not alone. Many are taking a cautionary stance on the U.S. economy. Some 65% of Americans think a recession is likely next year, according to the CNBC and Acorns Invest in You survey conducted by SurveyMonkey, released Monday. The survey polled 2,776 people in all age groups and demographic sectors nationwide from Oct. 21–25, 2019. Younger generations (18–34) are more likely to think that a recession is coming, according to the poll. Of that group, more than 70% think the recession will hit next year.

The steady paycheck of the military — the stability of a full-time job — is a stark contrast to being a small business owner. At every point, you’re trying to save on overhead, and there’s no part of your day that isn’t involved with saving money. Charlynda Scales founder of Mutt’s Sauce

The survey also shows that political views also skew people’s views on the economic trends. Democratic voters have the most bearish outlook, with 84% thinking there will be a recession in 2020. While 72% of Independents — a group politicians pay close attention to in an election year — share that sentiment. Among Republicans the number drops to 46%. One reason for the concern is worries about trade wars with China and Europe. So far, Mutt’s Sauce’s manufacturer and suppliers have kept prices consistent, even as tariffs push up prices for things like glass bottles from China, allowing Scales to keep prices stable and remain attractive to more cost-conscious consumers. Still, some of her fellow small business owners are already facing rising prices, she said. “I’ve been very fortunate not to see an increase in my cost of goods sold, but I know many of my friends who import some of their goods — like if you’re a salsa maker and you import your chilies — sometimes they’ll just stop importing them and you could go out of business,” she said. “It depends on what’s available and what is happening in import-export.” A majority of Americans (65%) say that they’ve noticed a recent increase in the cost of everyday items they buy (excluding gas), according to the survey. “Food” or “Groceries,” in general, and specific products including beef, milk and fruit were most commonly cited as the items that have increased in price. (The Consumer Price Index shows the cost of some of these items has climbed in recent months — roughly in line with inflation; beef and milk are up 1.6% and 0.5% respectively, but fruit and vegetables are down 1.2%.)

Mutt’s Sauce Source: Charlynda Scales | Mutt’s Sauce


Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: harriet taylor, jill cornfield
Keywords: news, cnbc, companies, family, sauce, survey, mutts, business, recession, amazon, prices, youre, think, vet, recipe, venture, small, scales, launched, 80000, turns


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Woody Allen and Amazon settle $68 million legal battle over canceled movie contract

Movie director Woody Allen and Amazon’s content arm have settled a $68 million legal battle after the U.S. company canceled a contract at the start of this year. But in papers filed Friday, the two parties agreed the case should be dismissed, according to an AP report. Allen’s daughter Dylan Farrow accused her father of molesting her in an attic in 1992 when she was 7 years old, an allegation Allen has repeatedly denied. Allen’s company, Gravier Productions, got an international release for “A R


Movie director Woody Allen and Amazon’s content arm have settled a $68 million legal battle after the U.S. company canceled a contract at the start of this year.
But in papers filed Friday, the two parties agreed the case should be dismissed, according to an AP report.
Allen’s daughter Dylan Farrow accused her father of molesting her in an attic in 1992 when she was 7 years old, an allegation Allen has repeatedly denied.
Allen’s company, Gravier Productions, got an international release for “A R
Woody Allen and Amazon settle $68 million legal battle over canceled movie contract Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: lucy handley
Keywords: news, cnbc, companies, release, canceled, settle, battle, legal, amazon, suit, contract, allen, allegation, rainy, deal, woody, york, according, old, million, movie


Woody Allen and Amazon settle $68 million legal battle over canceled movie contract

Movie director Woody Allen and Amazon’s content arm have settled a $68 million legal battle after the U.S. company canceled a contract at the start of this year.

Allen sued Amazon for allegedly breaching the four-picture deal, which was to “finance and distribute his future films and to be his ‘home’ for the rest of his career,” according to the suit, filed in February.

But in papers filed Friday, the two parties agreed the case should be dismissed, according to an AP report. Terms were not disclosed.

Allen alleged that he had completed the movie “A Rainy Day in New York,” and spent more than $20 million in doing so before Amazon canceled its release and shelved a deal for three more movies, according to the suit.

Allen’s suit said that Amazon had backed out of the deals because of “a 25-year old, baseless allegation against Mr Allen, but that allegation was already well known to Amazon (and the public) before Amazon entered into four separate deals with Mr Allen.” Allen’s daughter Dylan Farrow accused her father of molesting her in an attic in 1992 when she was 7 years old, an allegation Allen has repeatedly denied.

In April, Amazon’s attorney Robert Klieger said that Allen’s comments about the #MeToo movement breached the deal, citing a magazine article in which he stated: “You don’t want it to lead to a witch-hunt atmosphere, a Salem atmosphere, where every guy in an office who winks at a woman is suddenly having to call a lawyer to defend himself.”

Allen’s company, Gravier Productions, got an international release for “A Rainy Day in New York,” including France, Italy and Hong Kong.

Representatives for Amazon and Allen had not responded to CNBC’s request for comment at the time of publication.


Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: lucy handley
Keywords: news, cnbc, companies, release, canceled, settle, battle, legal, amazon, suit, contract, allen, allegation, rainy, deal, woody, york, according, old, million, movie


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There’s a race to replace our iPhones with smart glasses we wear everywhere

A visitor tries out Lenovo augmented reality glasses with the Star Wars Jedi Challenges during the Mobile World Congress in Barcelona, Spain, February 26, 2018. Yves Herman | ReutersMost of the biggest names in Big Tech are racing to create smart glasses that we wear everywhere and that may replace our phones. Advocates of the technology hope that you’ll one day be able to replace every screen in your life with just one pair of smart glasses. Those functions could all work on a set of smart glas


A visitor tries out Lenovo augmented reality glasses with the Star Wars Jedi Challenges during the Mobile World Congress in Barcelona, Spain, February 26, 2018.
Yves Herman | ReutersMost of the biggest names in Big Tech are racing to create smart glasses that we wear everywhere and that may replace our phones.
Advocates of the technology hope that you’ll one day be able to replace every screen in your life with just one pair of smart glasses.
Those functions could all work on a set of smart glas
There’s a race to replace our iPhones with smart glasses we wear everywhere Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: todd haselton
Keywords: news, cnbc, companies, theres, google, set, facebook, glasses, augmented, replace, amazon, reality, race, world, iphones, smart, wear


There's a race to replace our iPhones with smart glasses we wear everywhere

A visitor tries out Lenovo augmented reality glasses with the Star Wars Jedi Challenges during the Mobile World Congress in Barcelona, Spain, February 26, 2018. Yves Herman | Reuters

Most of the biggest names in Big Tech are racing to create smart glasses that we wear everywhere and that may replace our phones. Microsoft, Amazon, Google, Snap, Facebook Apple, Magic Leap and others are all working on some form of smart glasses or headset that will change how we view the world around us. Instead of pulling a phone out of our pockets to talk to people or interact with apps, we may do these things simply by speaking to, and looking through, a set of glasses. There’s a race to be the first to make a set of glasses that everyone will wear, which means they have to be fashionable and sleek enough to wear all day and everywhere you go. Advocates of the technology hope that you’ll one day be able to replace every screen in your life with just one pair of smart glasses. If glasses replace common gadgets like our phones or computer screens, it will mean big business to the company that comes out on top. But we’re likely years away from that. Today, most AR headsets are too big, too expensive and simply too weird-looking to make sense for everyday use. That’s not keeping tech companies from trying though. Here’s where everyone stands right now.

Microsoft

Microsoft launches HoloLens 2 at Mobile World Congress in Barcelona CNBC

Microsoft is working on advanced augmented reality products. Its HoloLens 2 headset went on sale last week and a modified version is being tested by the Army to make soldiers more effective on the battlefield. Called IVAS, the Army’s version can overlay images like the positions of fellow soldiers and the enemy over the vision of the soldiers who wear the HoloLens headsets. And soldiers can use it for training to see how they performed during battle simulations. It has commercial uses, too. HoloLens 2 is capable of displaying computer programs over your vision so you don’t always have to sit at a computer to do work. It can help workers in the field identify problems and make fixes without digging through manuals. The HoloLens 2 is too big and at $3,500 too expensive for most consumers. But as technology progresses, these devices will only get smaller and more powerful.

Snap

New Snapchat spectacles. Snapchat

Snap’s Spectacles 3 glasses, which go on sale this week for $380, let users snap pictures and videos of the world around them and then add augmented reality effects to those clips inside the Snapchat app. You can’t currently see any information through the glasses themselves, but the company is reportedly working toward adding augmented reality into the frames. The Information’s report on Monday said Snap is building a “fourth-generation version of its Spectacles camera glasses, code-named Hermosa, with smart lenses capable of showing AR effects.” Snap’s strategy has been different than those of Microsoft, Facebook and Magic Leap. It starts with glasses and plans to add a computer system later. The other companies have bulkier headsets with computers but haven’t sold glasses yet.

Google

Google Glass Enterprise Edition 2 Google

Google still sells its Google Glass product, which shows information, but not 3D augmented reality, to wearers. The original version, aimed at consumers, may have come too soon. People didn’t like that wearers of Google Glass were able to record them at any time, and Google eventually killed that model and focused on business use. Google is still investing in the space and most recently launched a new version in May for commercial uses. Google’s Android platform on phones now supports augmented reality apps, too, which means it’s building a library of applications that could one day be used in more advanced versions of Google Glass. Google Maps on Android and iPhone already has features that would be much more useful on a set of glasses, too. An augmented reality feature that rolled out in May overlays information, including walking directions, on top of the real world. It can show you which way to walk, when to take a turn and even when you’ve arrived at your destination when you hold up your phone. While Google hasn’t publicly talked about new AR glasses yet, it’s obvious the company is building a foundation where AR makes more sense on our heads instead of on a phone.

Magic Leap

CNBC | Magdalena Petrova

Magic Leap’s first headset launched in August 2018 and, like Microsoft HoloLens 2, is a relatively bulky headset that’s capable of showing games, 3D animations, virtual video screens and more, all in a digital world around you. You can still see everywhere you walk, and anyone you’re talking to, but AR applications let you watch TV, work in computer programs and more, all while still seeing the normal world. But like HoloLens 2, Magic Leap is expensive, with a starting price of $2,295. The company will need to make its product smaller and more affordable if it plans to attract a wide audience, and it will need to add more capabilities and applications. Apple’s iOS and Android already offer thousands of augmented reality apps for phones, which could easily land on headsets if and when they launch.

Apple

Apple demos AR at the WWDC 2017 in San Jose. Source: Apple

Apple’s headset is reportedly set to launch in 2022, but the first model is the size of Facebook’s Oculus Quest virtual reality headset, according to The Information. But a smaller glasses-size version that it says is due to launch in 2023 may be more attractive to people, since that form factor will allow it to be worn all day instead of around the house. Like Google, Apple’s iOS platform is already home to thousands of augmented reality apps. Apple probably added AR support to its iPhones and iPads in an effort to teach people more about the technology and show them how games and information will work once they’re overlaid in front of our faces. And like Google’s, this strategy helps it build a library of apps that would work on a future set of glasses. Siri already works with wearable products like the AirPods and Apple Watch, allowing users to ask it for turn-by-turn directions, to play music and to transcribe messages all without picking up a phone. Those functions could all work on a set of smart glasses.

Facebook

The Facebook Oculus Quest VR headset is comfortable and easy to use. Todd Haselton | CNBC

Facebook’s strategy is different than almost everyone else’s. It currently sells virtual reality products that take you out of the real world and into a digital realm where you can’t see anything around you. But Facebook is also interested in augmented reality. CNBC reported in September that Facebook has partnered with Ray-Ban parent company Luxottica to develop augmented reality glasses. It plans to launch the wearable, internally called Orion, between 2023 and 2025. They’re designed to take calls and let users stream video to other people. Hundreds of people are working on them. One area Facebook has struggled, however, is in getting them small enough for consumers to find appealing. Like Apple, Facebook has an existing communications platform that could translate easily to a pair of glasses on our heads. Facebook Messenger and WhatsApp allow users to call or chat with one another, for example, and Facebook’s Portal products enable video chat across platforms. Facebook already has developer tools for augmented reality, called Spark AR. Right now, it’s used for face tracking and effects inside video chats on Portal hardware but could theoretically be used one day on a set of smart glasses. And Facebook has a huge user base that includes 2.45 billion monthly active users who may be interested in smart glasses if it can sell them at an affordable price.

Amazon

Me wearing the Amazon Echo Frames. Todd Haselton | CNBC

Amazon hasn’t talked much about its own set of augmented reality glasses, but in September it announced a pair that show it’s interested in the space. The Echo Frames are currently just a set of regular glasses, but with a speaker and the Amazon voice assistant Alexa built in. A user can speak to Alexa anytime. It can tell you the weather, place phone calls, give you a news briefing or anything else that an Amazon Echo can do, just on your head. Amazon could improve these glasses by adding AR, but it would need to add screens that help display that information in front of you. Amazon also has a lot of services that could easily apply to AR glasses. Prime Video could show movies and TV shows through a set of future Echo Frames if Amazon decides to build such a pair, for example. Or a user might shop through Amazon and browse through goods without ever pulling out a phone.

Years away

Snapchat’s new Spectacles Snapchat


Company: cnbc, Activity: cnbc, Date: 2019-11-11  Authors: todd haselton
Keywords: news, cnbc, companies, theres, google, set, facebook, glasses, augmented, replace, amazon, reality, race, world, iphones, smart, wear


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Here’s how Amazon employees get health care through a new app — a glimpse of the future of medicine

Amazon has now launched its Amazon Care app into major app stores as part of its strategy to help its Seattle-area employees get more convenient and affordable health care. Amazon Care, which CNBC uncovered this fall, has been in the works for a few years. What it’s like to use Amazon CareTo get started with Amazon Care, users need a Amazon corporate alias and must be based in the Seattle area. Amazon employees are told they can get health care on callAccording to screenshots shared with CNBC, A


Amazon has now launched its Amazon Care app into major app stores as part of its strategy to help its Seattle-area employees get more convenient and affordable health care.
Amazon Care, which CNBC uncovered this fall, has been in the works for a few years.
What it’s like to use Amazon CareTo get started with Amazon Care, users need a Amazon corporate alias and must be based in the Seattle area.
Amazon employees are told they can get health care on callAccording to screenshots shared with CNBC, A
Here’s how Amazon employees get health care through a new app — a glimpse of the future of medicine Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-10  Authors: christina farr
Keywords: news, cnbc, companies, app, company, information, medicine, care, future, glimpse, medical, service, amazon, theyre, employees, health, heres


Here's how Amazon employees get health care through a new app — a glimpse of the future of medicine

Amazon Care is a pilot medical clinic for employees.

Amazon has now launched its Amazon Care app into major app stores as part of its strategy to help its Seattle-area employees get more convenient and affordable health care. Amazon Care, which CNBC uncovered this fall, has been in the works for a few years. A website — Amazon.care — is live, and the company recently released apps that offer health advice, virtual medical visits and in-person support via a health professional that shows up at an employee’s home or office. Some giant companies like Amazon are moving into primary care to clamp down on rising health care costs, hoping it can help avoid costly emergency visits by catching health problems earlier. The program could also help Amazon recruit and retain talent, as many companies will offer telemedicine apps but few — with the notable exception of Apple — put their own spin on the service. In addition, Amazon has hired a mix of technical, product and analytics talent, not just clinicians, suggesting that that Amazon could use the service to collect and analyze health data about a large population, which could be useful as it pushes deeper into the $3.5 trillion health care space. A company spokesperson did not have any further information to share about the Amazon Care apps, but an insider walked us through what it’s like to use them.

What it’s like to use Amazon Care

To get started with Amazon Care, users need a Amazon corporate alias and must be based in the Seattle area. The program is not currently available to employees working in Amazon’s fulfillment centers, but may expand over time. Employees download the Care app and sign up with their Amazon login credentials. They’re then asked to agree to allow Amazon’s health and welfare plan “for the use and disclosure of protected health information.” That might include their employee email, name, date of birth, and so on. Amazon then indicates that it contracts with a third party medical group called Oasis Medical, which is a separate legal entity from the parent company. “Neither the plan nor Oasis will receive financial or in-kind compensation or remuneration in exchange for using or disclosing the PHI (personal health information) as described above,” a disclosure form notes. This is meant to reassure Amazon employees that their health information won’t be sold.

A step to enroll in the Amazon Care app

Amazon then guides the user to indicate whether they are the primary insurance holder or a dependent with an invitation code, and informs them that anyone over the age of 18 must have an Amazon account, indicating that Amazon Care may be linked to Amazon’s other services. Next up, the app lets them know about all the ways they can use Amazon Care instead of an in-person clinic. Similarly to the website, Amazon Care bills its service as “healthcare built around you,” with “no more waiting rooms.” It is also marketed as a “first stop for healthcare” for employees, who can use it for services ranging from minor colds to sexual health services, like contraception.

Amazon employees are told they can get health care on call

According to screenshots shared with CNBC, Amazon employees trying the service out get a welcome kit including a mobile phone holder and digital thermometer. From there, they’re asked whether they would prefer a free chat with a nurse via messenger (“CareChat”) or a video chat (“VideoCare”) with a medical provider. An employee might share that they’re feeling unwell, and a provider would follow up within minutes to ask a set of questions and figure out whether the patient needs to be seen in person. If so, a practicioner will be dispatched, and a map in the app shows their location and estimated arrival time. Amazon employees can also set up a profile with their payment methods, care history and their dependents. Their care summary will include a potential diagnosis, with notes from the doctor and the treatment plan. So far, the company has received dozens of positive ratings and reviews, implying that employees are happy about the quality of care and the convenience. There are also some survey questions about the quality of the experience, suggesting that Amazon is actively collecting feedback.

Amazon Care is billed as a first stop for health care CNBC


Company: cnbc, Activity: cnbc, Date: 2019-11-10  Authors: christina farr
Keywords: news, cnbc, companies, app, company, information, medicine, care, future, glimpse, medical, service, amazon, theyre, employees, health, heres


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With a market at record highs, these are the most loved stocks on Wall Street right now

The Dow, S&P 500 and Nasdaq all hit all time record-highs this week and if investors are looking at what to own from here, the following stocks are the consensus favorites on Wall Street. E-commerce giant Amazon is the most loved stock on Wall Street based on highest percentage of buy ratings. CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. Buy ratings, in this case, include overweight ratings. Cosme


The Dow, S&P 500 and Nasdaq all hit all time record-highs this week and if investors are looking at what to own from here, the following stocks are the consensus favorites on Wall Street.
E-commerce giant Amazon is the most loved stock on Wall Street based on highest percentage of buy ratings.
CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings.
Buy ratings, in this case, include overweight ratings.
Cosme
With a market at record highs, these are the most loved stocks on Wall Street right now Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-09  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, wall, right, stocks, amazon, record, ratings, buy, companies, brief, strong, loved, market, stock, street, highs


With a market at record highs, these are the most loved stocks on Wall Street right now

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.)

The Dow, S&P 500 and Nasdaq all hit all time record-highs this week and if investors are looking at what to own from here, the following stocks are the consensus favorites on Wall Street.

E-commerce giant Amazon is the most loved stock on Wall Street based on highest percentage of buy ratings. All but one of the 48 analysts covering the stock recommending buying into the Jeff Bezos-led company.

CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. We threw out companies that had less than 10 analysts covering them. Buy ratings, in this case, include overweight ratings.

It may not come as a shock that Amazon, the fourth-most valuable company in the world, is the most highly recommended stock on the Street. Over 50% of U.S. households have an Amazon Prime membership, according to UBS. The adoption of 1-Day shipping and international prime membership has helped boost the stock that is already up more than 1300% in the past decade.

Amazon’s 1-Day shipping “raises the bar in e- commerce yet again & accelerates the top line,” said J.P. Morgan analyst Doug Anmuth in a note to clients.

Amazon plays a large roll in the success of many other, smaller companies as well. Cosmetic company Coty surged 14% on Wednesday after reporting strong earnings, citing strong growth of its brand on Amazon.


Company: cnbc, Activity: cnbc, Date: 2019-11-09  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, wall, right, stocks, amazon, record, ratings, buy, companies, brief, strong, loved, market, stock, street, highs


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Stocks making the biggest moves premarket: Disney, Gap, Zillow, Dropbox, Amazon & more

Check out the companies making headlines before the bell:Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Activision Blizzard (ATVI) – Activision Blizzard beat estimates by 9 cents a share, with quarterly profit of 32 cents per share. Zillow (Z) – Zillow lost 12 cents per share for the third quarter, smaller than the 21 cents a share loss that Wall Street was anticipating. Dropbox (DBX) – Dropbox came in 2 cents a share ahead of estimat


Check out the companies making headlines before the bell:Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates.
Activision Blizzard (ATVI) – Activision Blizzard beat estimates by 9 cents a share, with quarterly profit of 32 cents per share.
Zillow (Z) – Zillow lost 12 cents per share for the third quarter, smaller than the 21 cents a share loss that Wall Street was anticipating.
Dropbox (DBX) – Dropbox came in 2 cents a share ahead of estimat
Stocks making the biggest moves premarket: Disney, Gap, Zillow, Dropbox, Amazon & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-08  Authors: peter schacknow, fred imbert
Keywords: news, cnbc, companies, quarterly, forecasts, dropbox, disney, earnings, gave, cents, gap, moves, making, premarket, zillow, share, amazon, revenue, biggest, estimates, quarter, stocks


Stocks making the biggest moves premarket: Disney, Gap, Zillow, Dropbox, Amazon & more

Check out the companies making headlines before the bell:

Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Revenue also beat forecasts, boosted by a 52% increase in studio entertainment revenue amid a strong movie box office performance.

Booking Holdings (BKNG) – Booking Holdings earned $45.36 per share for its latest quarter, beating the consensus estimate of $44.57 a share. The operator of Priceline and other travel websites saw its revenue come in slightly below Wall Street forecasts, however, and it gave a current-quarter earnings outlook that falls below analysts’ estimates.

Activision Blizzard (ATVI) – Activision Blizzard beat estimates by 9 cents a share, with quarterly profit of 32 cents per share. The video game maker’s revenue was above estimates as well. Activision said it saw record growth in subscriptions during the quarter, thanks in large part to its World of Warcraft: Classic game.

Take-Two Interactive (TTWO) – Take-Two earned $2.02 per share for its fiscal second quarter, above the consensus estimate of $1.69 a share. The video game company’s revenue exceeded forecasts as well. The quarter’s performance was helped by strong results for the company’s NBA, Grand Theft Auto, and Red Dead Redemption games. Take-Two also gave lower-than-expected guidance for the current quarter.

Gap Inc. (GPS) – Gap said CEO Art Peck is stepping down and will be immediately replaced on an interim basis by Robert Fisher, son of the Gap’s founders. That follows several years of sluggish sales for the apparel retailer. The company is also warning of a weaker-than-expected financial performance for the current quarter.

Zillow (Z) – Zillow lost 12 cents per share for the third quarter, smaller than the 21 cents a share loss that Wall Street was anticipating. The real estate website operator’s revenue came in above estimates, and it gave an upbeat forecast as well.

Dropbox (DBX) – Dropbox came in 2 cents a share ahead of estimates, with quarterly profit of 13 cents per share. The cloud storage company’s revenue was also above estimates. The company said it is benefiting from its new desktop app, which was introduced in September, as well as good results from its Dropbox Spaces collaboration software.

Alibaba (BABA) – Alibaba is planning to launch its Hong Kong initial public offering in the last week of this month, according to sources who spoke to Reuters. The China-based online retailer is hoping to raise up to $15 billion in the offering.

Amazon (AMZN) – Amazon has reached a deal with Disney to carry the new Disney+ streaming service on its Fire TV devices.

HP Inc. (HPQ) – HP’s board is not convinced that selling the computer and printer maker to Xerox (XRX) is the right move, according to a Bloomberg report. HP confirmed earlier this week that it had spoken with Xerox about a potential business combination.

Teradata (TDC) – The data analytics company said CEO Oliver Ratzeberger has stepped down “by mutual agreement,” and is being replaced on an interim basis by Executive Chairman Victor Lund. The announcement came as Teradata reported weaker-than-expected earnings and revenue for the third quarter, and sharply lowered its full-year guidance.


Company: cnbc, Activity: cnbc, Date: 2019-11-08  Authors: peter schacknow, fred imbert
Keywords: news, cnbc, companies, quarterly, forecasts, dropbox, disney, earnings, gave, cents, gap, moves, making, premarket, zillow, share, amazon, revenue, biggest, estimates, quarter, stocks


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Amazon’s newest Echo speaker sounds amazing, but expect to pay monthly to get the most out of it

Amazon Echo Studio AmazonThe Amazon Echo Studio is the best Echo you can buy, the best Echo to date and, at $199, it undercuts similarly performing speakers from Apple and Sonos. What’s goodAmazon Echo Studio Todd Haselton | CNBCIt doesn’t take an audiophile to recognize that this sounds like a good speaker for $200. What’s badAmazon Echo Studio Todd Haselton | CNBCIt’s hard to be picky about a $200 speaker that sounds this good. If you want it to really play the best possible music, you need to


Amazon Echo Studio AmazonThe Amazon Echo Studio is the best Echo you can buy, the best Echo to date and, at $199, it undercuts similarly performing speakers from Apple and Sonos.
What’s goodAmazon Echo Studio Todd Haselton | CNBCIt doesn’t take an audiophile to recognize that this sounds like a good speaker for $200.
What’s badAmazon Echo Studio Todd Haselton | CNBCIt’s hard to be picky about a $200 speaker that sounds this good.
If you want it to really play the best possible music, you need to
Amazon’s newest Echo speaker sounds amazing, but expect to pay monthly to get the most out of it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: todd haselton
Keywords: news, cnbc, companies, studio, haselton, sounds, todd, monthly, expect, echo, amazing, pay, newest, amazons, music, amazon, speaker


Amazon's newest Echo speaker sounds amazing, but expect to pay monthly to get the most out of it

Amazon Echo Studio Amazon

The Amazon Echo Studio is the best Echo you can buy, the best Echo to date and, at $199, it undercuts similarly performing speakers from Apple and Sonos. Importantly, it might drive people to pay up for Amazon Music HD, its premium music service, since it’s the best way to take advantage of the higher-quality music tracks the Echo Studio supports. Echos have become hot sellers for Amazon, particularly during its Prime Day and holiday sales. If you already have a few Echos around the house, or still haven’t tried one yet, the Echo Studio is a nice addition. It sounds noticeably better than earlier models, and is a nice addition to a living room or any other area where friends and family might gather. My favorite part is the 3D audio support, which creates this wild sound stage that makes it sound like music is coming from a whole area around the speaker, instead of directly at you. But to get this, you have to subscribe to Amazon Music HD, which costs $12.99 per month if you have Amazon Prime or $14.99/month if you don’t. So, in some ways, the Echo Studio serves not only as a good speaker, but as a way for Amazon to make continuing monthly revenue off of you. Here’s what you need to know.

What’s good

Amazon Echo Studio Todd Haselton | CNBC

It doesn’t take an audiophile to recognize that this sounds like a good speaker for $200. It’s on a par with what I get from my Sonos One and Apple’s more expensive HomePod. But the Amazon Echo Studio has a trick up its sleeve that those speakers don’t have: support for 3D audio tracks that are encoded with Dolby Atmos and Sony 360 Reality Audio. 3D audio is wild, but you need to pay for Amazon Music HD to get access to it and, right now, there are only about 1,000 tracks that support it. Amazon says more are coming. At my desk, facing the speaker and listening to “All Right Now” by the band Free, some of the guitars sounded like they were coming from the right or left of me, which was a pretty cool effect that I’ve never heard on a smart speaker before. I had my wife double check that I wasn’t crazy.

Amazon Echo Studio Todd Haselton | CNBC

An Amazon Music HD subscription gives you access to higher-quality music, too, including CD-quality “HD” tracks and even higher quality Ultra HD songs. There are millions of those but, in general, my ears weren’t really good enough to hear the difference most of the time. It’s the 3D songs that were most fun, and it’s kind of a shame there aren’t more of them. You can, of course, skip all of this and just play songs from Spotify, TuneIn, Sirius XM, Pandora and other streaming services, but there’s a noticeable difference in quality between that and 3D audio, and I think you’re going to want to at least try Amazon Music HD just to see what it’s like. You can test it yourself by asking Alexa to play the “Best of 3D Music” playlist. The Echo Studio can do everything other Echos can do too. So you can link it to other Echos around your house to play music in multiple rooms at the same time, ask it the weather, to read you a daily news briefing, add things to your shopping list and call people. It has built-in Bluetooth if you want to stream that way, and a 3.5mm headphone jack in the back if you still want to plug in other devices, like an old iPod or stereo speakers.

Amazon Echo Studio Todd Haselton | CNBC

It also has a built-in smart home hub so you can add various devices like smart lights and locks that you can then control through Alexa. If you already have this set up, the Echo Studio just works with what’s already in your house without any extra work. And speaking of the smart home, it supports Amazon Echo Guard, which means it can listen for breaking glass or smoke and carbon monoxide alarms and alert you if it hears something. Nobody tried to break in to my house during review, but I use this feature on all of my Echos when I’m gone just in case.

What’s bad

Amazon Echo Studio Todd Haselton | CNBC

It’s hard to be picky about a $200 speaker that sounds this good. I think it offers really great sound for the price, but it’s kind of a bummer that other services I already pay for, like Spotify, don’t support the sort of music that really makes this speaker shine. If you want it to really play the best possible music, you need to pay for Amazon Music HD. So, expect to pay $12.99 a month, which is slightly more expensive than standard plans from Spotify and Apple. It’s also big and pretty heavy, larger than any other Echo on the market save for the Echo Sub, which you can pair to the Echo Studio if you want extra bass from a subwoofer. I sort of expect a large speaker for this sound quality, though, but just plan for it to take over a side table. I’d try to use two of them on my mantel with my TV, but the speaker is two wide to sit up there.

Should you buy it?

Amazon Echo Studio Todd Haselton | CNBC


Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: todd haselton
Keywords: news, cnbc, companies, studio, haselton, sounds, todd, monthly, expect, echo, amazing, pay, newest, amazons, music, amazon, speaker


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Costco and Instacart test free one-hour prescription delivery as Amazon eyes the space

Costco is teaming up with delivery start-up Instacart to test free delivery of prescription drugs to members. The pilot program is limited to California and Washington state, according to two people familiar, and it includes delivery to a Costco member’s home or office. One Costco member who has used the service told CNBC that he received a text earlier this month to offer him the medication delivery option as an alternative to picking up the meds in store. The move could help Costco compete wit


Costco is teaming up with delivery start-up Instacart to test free delivery of prescription drugs to members.
The pilot program is limited to California and Washington state, according to two people familiar, and it includes delivery to a Costco member’s home or office.
One Costco member who has used the service told CNBC that he received a text earlier this month to offer him the medication delivery option as an alternative to picking up the meds in store.
The move could help Costco compete wit
Costco and Instacart test free one-hour prescription delivery as Amazon eyes the space Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: christina farr
Keywords: news, cnbc, companies, delivery, costco, theyre, option, free, service, prescription, instacart, test, eyes, walmart, text, onehour, startup, amazon, space


Costco and Instacart test free one-hour prescription delivery as Amazon eyes the space

Costco is teaming up with delivery start-up Instacart to test free delivery of prescription drugs to members.

The pilot program is limited to California and Washington state, according to two people familiar, and it includes delivery to a Costco member’s home or office. One Costco member who has used the service told CNBC that he received a text earlier this month to offer him the medication delivery option as an alternative to picking up the meds in store.

The move could help Costco compete with Amazon and Walmart, both of which have dabbled in prescription delivery. Amazon made its first steps into the space in 2018 by purchasing PillPack, an internet pharmacy start-up focusing on patients with chronic ailments, and Walmart offers mail-order delivery in some areas. The moves also pose a threat to large pharmacies like CVS and Walgreens. The pharmacy and drug space is valued at more than $300 billion and is expected to grow, making it an attractive market opportunity for the largest retailers.

Delivery will be free on orders that cost $35 or more, not including a tip, which Instacart sets at 5% of the order price. Otherwise, prices vary depending on how quickly a member needs the medicines delivered — the fastest option is an hour — but typically cost less than $10. Updates are provided via text message, which mirrors the experience of ordering groceries from Instacart.

Unlike Instacart’s grocery delivery service, however, the Instacart delivery person will ask for proof of identity to ensure they’re delivering to the right person, and the checkout process requires buyers to confirm their date of birth (the service is available only to people over age 18). There’s also an option for a phone consultation from a Costco pharmacist.

Instacart workers will be allowed to deliver medications only if they pass a HIPAA certification training, meaning they’re aware of the rules around managing people’s sensitive health information.

Costco did not immediately return a request for comment. Instacart declined to offer a comment for this story.


Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: christina farr
Keywords: news, cnbc, companies, delivery, costco, theyre, option, free, service, prescription, instacart, test, eyes, walmart, text, onehour, startup, amazon, space


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