While you were sleeping: Amazon weighs on Wall St

Wed, 28 Mar 2018

By Margreet Dietz March 29 (BusinessDesk) - Wall Street fluctuated with tech stocks as Amazon shares sank amid a report that US President Donald Trump wants to curtail the company. Shares of Amazon dropped, down 4.5 percent as of 2.25pm in New York, after Axios reported that Trump is “obsessed” with the company and has talked about changing its tax treatment. “Capitol Hill wants Facebook’s blood, but President Trump isn’t interested,” Axios reported. “Instead, the tech behemoth Trump wants to go after is Amazon, according to five sourc...

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