Warren Buffett's Berkshire Hathaway to Buy Snowflake IPO
Business
Insider reports that Warren Buffett's Berkshire Hathaway intends to invest approximately
$570 million in Snowflake (a cloud-data platform), when it goes public.
Away's Popular Luggage on Sale for the First Time
USA Today reported on Away luggage’s first-ever sale that is currently happening. Discounts of up to 50% are available on select items.
Reliance Retail Offers $20 Billion Stake in Retail Business to Amazon
Bloomberg
reports that Indian billionaire Mukesh Ambani’s company, Reliance Industries
Ltd., is offering a $20 billion stake in the company’s retail business to
Amazon.com Inc. Reliance is willing to sell as much as a 40% stake in the retail
unit.
Home Depot Will Cancel Black Friday
CNN reports that Home Depot, the home improvement retailer, will take a different approach to the yearly Black Friday’s one-day deep discounts bonanza. Instead of the single-day event after Thanksgiving, it will offer discounts for two months, starting from early November to December.
Amazon Plans to Hire 33,000 People
ABC13 reports that Amazon plans to hire 33,000 people to fill corporate and tech roles within the next few months. This is the largest number of job openings that the company has had at one time, and the hiring is not the typical hiring ahead of the holiday shopping period.
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