Amazon announced today that Amazon Web Services CEO Andy Jassy will replace Jeff Bezos as CEO during the third quarter of 2021. Bezos will transition to executive chair of Amazon’s board. Robert Weissman, president of Public Citizen, released the following statement: “Jeff Bezos’ departure as CEO is a chance for …continue reading
The Federal Trade Commission (FTC) announced today that Amazon would pay $61.7 million fine over its failure to pay Amazon Flex drivers the full amount of tips they received from customers over more than two years. Amazon ended the practice in 2019 only once it became aware of the federal …continue reading
The National Association for Latino Community Asset Builders (NALCAB), represented by Public Citizen and the Center for Responsible Lending (CRL), sued the U.S. Consumer Financial Protection Bureau (CFPB) in the U.S. District Court for the District of Columbia seeking to overturn a regulation issued in July 2020 concerning short-term payday …continue reading