If Amazon’s Hurting, What Does That Say About Retail?

by MR Magazine Staff

Amazon’s fourth-quarter net income more than doubled to a record $482 million, or $1 a share, it was much less than what analysts’ had projected. Bloomberg Intelligence’s Paul Sweeney, Bloomberg Editor-in-Chief Emeritus Matthew Winkler and Bloomberg Gadfly Columnist Shelly Banjo report on this news. Watch more at Bloomberg.