Amazon (NASDAQ: AMZN) surprised the market and delighted its most loyal customers in September when it announced a second Prime Day this year. Started in 2015, Prime Day is the annual shopping extravaganza designed to drive membership for Amazon Prime, the company's loyalty program that now has more than 200 million members. Amazon touted the second Prime Day, which will be held Oct. 11-12, as a way for members to get early access to holiday deals from brands like Peloton Interactive and New Balance. Read More...
The Wall Street Journal
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive is recalling nearly all of its vehicles to address a potential problem that could cause customers to lose steering control, the company said Friday. In rare cases, the problem could lead to a loss of steering control, the company said. The recall campaign covers about 13,000 vehicles built in the 2021 and 2022 calendar years, and there are no known injuries related to this defect, a company spokeswoman said.
