As Amazon reportedly looks to cut thousands of employees nationwide, the e-commerce retailer is closing one of its metro Atlanta facilities. Amazon.com Inc. (NASDAQ: AMZN) will close its ATL5 facility in Kennesaw at 4190 Jiles Road, 2 miles west of Kennesaw State University. The closure will be effective around April 1, according to a notice sent to the Georgia Department of Labor through the Worker Adjustment and Retraining Notification Act. Read More...
Motley Fool
Why PayPal Stock Was Volatile Today
PayPal Holdings (NASDAQ: PYPL) was bouncing around on Tuesday, up 5.4% in morning trading, but then dropping as the day went on. The major indexes were up slightly on Tuesday, with the Nasdaq Composite up 90 points, or 0.8%, the Dow Jones Industrial Average up just 60 points, or 0.2%, and the S&P 500 up 24 points, or 0.6%, as of 2:20 p.m. ET. There were a few factors that caused PayPal to move on the day, starting with the November Consumer Price Index, which saw the inflation rate at 7.1% year over year.
