The Amazon effect is back in full swing this week. After Jeff Bezos was announced as the richest man in the world earlier this week, things are again on the upswing for Amazon.
Amazon Checking could be the new craze: “Love online shopping but don’t have a bank account? Amazon hopes it can fix the problem. The e-tailing giant is in talks with banks to create a financial product akin to a checking account to serve its customers, according to the Wall Street Journal. Doing so would give data-hungry Amazon access to new information about people’s shopping habits and enable the company to cut fees it currently pays to banks and payments processors that handle credit and debit cards transactions.”
Below are a few articles that I found interesting this week both locally and on a national scale:
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.