Amazon.com plans to hire more than 5,000 full-time workers for its warehouse and order-fulfillment centers, the retailing giant said Monday. Many of the jobs will be at Amazon outposts that are spread across more than 10 states.
"Median pay inside Amazon fulfillment centers is 30 percent higher than that of people who work in traditional retail stores," the company said in a news release announcing its plans.
BMW's electric i3 Concept is presented before the Paris Motor Show last September. The car was officially unveiled Monday; purchasers can reportedly opt for using a gas-powered SUV several weeks each year.
Credit AFP / AFP/Getty Images
As it unveils its all-electric i3 compact sedan Monday, BMW also plans to offer buyers the option of booking a gas-powered SUV for a few weeks every year, according to reports. The move is part of BMW's efforts to ease customers' concerns about relying on an electric vehicle year-round, particularly for long family trips.
Originally published on Mon July 29, 2013 11:53 am
Apple is under fire again for labor violations at its supplier's factories in China.
Credit Eugene Hoshiko / AP
There's been concern about working conditions at factories run by Apple's foreign suppliers since the story last year about Foxconn. At the time, the tech giant moved to address those concerns to show that it took them seriously. But more allegations surfaced Monday centering on Apple's effort to build a cheaper iPhone.
David Greene talks to Vanity Fair financial journalist Bryan Burrough about the SAC hedge fund insider trading case, and how little the public cares, compared with the 1980s insider trading crackdown that was widely followed and became a part of popular culture.
The largest solar power plant of its kind is about to turn on in California's Mojave Desert.
The Ivanpah Solar Electric Generating System will power about 140,000 homes and will be a boon to the state's renewable energy goals, but it was no slam dunk. Now, California is trying to bring conservationists and energy companies together to create a smoother path for future projects.
Neil Barofsky, special inspector general for the Troubled Asset Relief Program, testifies before Congress about the program in 2010. Barofsky now says of the financial crisis: "The folks responsible for this incredibly painful economic damage that struck our economy have gone free."
U.S. sanctions mean that any citizen or business wanting to buy stuff from North Korea has to send a letter to the U.S. government asking for special permission. A few months back, we submitted a Freedom of Information Act request, asking for those letters.
Our request was granted: We recently received a packet of 18 letters from Americans who wanted to do business with the most isolated nation on the planet. We've posted all of the letters online.
Jobs are the focus of this year's National Urban League Conference in Philadelphia. Guest host Celeste Headlee speaks with President and CEO Marc Morial, about how the League has progressed on that front, and asks about the biggest issues facing African-Americans today.