Amazon, With Little Fanfare, Emerges as an Advertising Giant – WSJ

Amazon’s options for advertising include its delivery boxes. Photo: Amazon Amazon.com Inc. AMZN -0.25% handles nearly half of all online sales in the U.S., giving it a popular platform and a wealth of consumer data. Now it’s on track to become the next juggernaut of online advertising, and its rise threatens to upend Silicon Valley’s…

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The Race Is On to Challenge Google-Facebook ‘Duopoly’ in Digital Advertising – WSJ

The U.S. digital ad market grew by nearly $12 billion last year, with Google and Facebook collecting 77 cents of each new dollar spent, according to eMarketer. Peter and Maria Hoey June 19, 2017 5:30 a.m. ET Facebook Inc. FB -2.59% and Alphabet Inc.’s GOOGL -0.02% Google tower so far above the rest of the…

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Discovery Channel Founder Pivots After Hitting Ceiling for Cord-Cutter Bonanza – WSJ

Discovery Channel founder John Hendricks is tweaking the business model for his video streaming startup after falling short of his initial expectations for subscriber growth. When CuriosityStream was launched in 2015, Mr. Hendricks predicted that between five million and seven million people would pay to view the company’s blend of documentaries and other non-fiction content within two…

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Trump pushes 25 percent auto tariff as top advisers scramble to stop him – The Washington Post

Several of President Trump’s senior economic advisers believe he plans to push forward with 25 percent tariffs on close to $200 billion in foreign-made automobiles later this year, three people briefed on internal discussions said. Trump wants to move forward despite numerous warnings from GOP leaders and business executives who have argued that such a…

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How Trump’s tariffs on Mexico are taking jobs from U.S. workers – The Washington Post

Jessica Lopez packages wire coil nails at the Mid Continent Nail Corp. in Poplar Bluff, Mo. (Brad Vest/For The Washington Post) POPLAR BLUFF, Mo. — When a Mexican company bought Mid Continent Nail Corp. in 2012, workers at the factory here feared it was the beginning of the end. Their jobs, they suspected, would be…

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This Is What Life Without Retirement Savings Looks Like – The Atlantic

That means that as people reach their mid-60s, they either have to dramatically curtail their spending or keep working to survive. “This will be the first time that we have a lot of people who find themselves downwardly mobile as they grow older,” Diane Oakley, the executive director of the National Institute on Retirement Security,…

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