The three major indexes have all slipped into bear territory in recent times. In some cases, these usually solid companies are struggling with today's challenges, such as rising inflation and supply chain problems. As my colleague Katie Brockman points out, history shows us the average bear market lasts 388 days. Read More...
Benzinga
Amazon Loses Two Veterans Behind Blockbusters Like Kindle and Alexa
Amazon.com, Inc (NASDAQ: AMZN) lost two top hardware veteran executives. Gregg Zehr, president of Amazon’s hardware research and development group, Lab126, has retired, CNBC reports. Zehr invented the hugely successful Kindle e-reader. Tom Taylor, senior vice president of Amazon Alexa and a member of CEO Andy Jassy’s elite S-Team, also retired, Amazon said. Both Taylor and Zehr spent well over a decade at the company. The executive exodus coincided with CEO Andy Jassy’s cost control measures acr