June 16, 2022
Amazon Went Big During the Pandemic. Now It’s Feeling the Hangover.
by The Journal
To keep up with increased demand during the pandemic, Amazon hired hundreds of thousands of people and massively expanded its logistics network. Now, demand is falling, creating a problem for the company’s new CEO, Andy Jassy. WSJ’s Dana Mattioli explains how Jassy is trying to scale back.
- Andy Jassy’s First Year at Amazon: Undoing Bezos-Led Overexpansion
After his TerraUSD cryptocurrency imploded, Do Kwon became one of the most wanted men in crypto. Last week, after a global manhunt, he was arrested at an airport in Montenegro. WSJ’s Alexander Osipovich tells the story of how Kwon went from being a major crypto player to facing fraud charges in several countries.
For decades, the Robusta coffee bean has been the ugly duckling of the coffee world. Now, a new generation of coffee geeks think the time could be ripe for a Robusta revolution. WSJ’s Jon Emont explains why the humble bean is gaining momentum in the coffee industry.
Over the past year the Federal Reserve has been steadily raising interest rates to try to bring down inflation. But the recent banking crisis has thrown a wrench into its plans. WSJ’s Nick Timiraos explains how the Fed is now trying to fight two problems at once.