Friday Afternoon Update: Amazon Layoffs, Kinzinger To CNN, Speaker Update

This article is a companion piece to today’s Morning Wire Afternoon Update. To Click here to listen to the podcast. here.

Amazon Layoffs

Amazon’s chief executive Andy Jassy announced Wednesday The company will be cutting 18,000 jobs. In Blog post Jassy An blamed “uncertain economy” rapid hiring in the past few years. Another Big tech company Salesforce, announced that it would lay off 10% of its 80,000 employees.

Bankruptcy At Bed Beth And Beyond?

Bed Bath Beyond The home goods retailer has warned investors that the country is also in danger of facing financial hardships. Thursday The possibility of bankruptcy is possible in the future. The Company said The company’s sales were almost a third lower than in the previous year, after accounting for the run-up period. Black Friday. The company’s share price also tumbled more than 20% in early trading on Thursday.

McCarthy Gains Momentum In Race For Speaker

House Republican Leader Kevin McCarthy’s (R-CA) Campaign to Become a Speaker Gained momentum Friday Numerous GOP holdouts flipped, and voted in his favor on the 12th ballot.

Republican Members-elect that voted for McCarthy Friday’s first ballot after opposing him in the first 11 votes this week included: Dan Bishop (NC), Josh Brecheen (OK), Mike Cloud (TX), Andrew Clyde (GA), Byron Donalds (FL), Paul Gosar (AZ), Anna Paulina Luna (FL), Mary Miller (IL), Ralph Norman (SC), Andy Ogles (TN), Scott Perry (PA), Chip Roy (TX), Keith Self (TX).

Victoria Spartz (R-IN), who voted on McCarthy Tuesday And then “present” On Wednesday Thursday, voted for McCarthy again Friday.

Tesla Driver Intentionally Tried Kill Passengers, Police Say

Officials said Tuesday The driver of a Tesla The 250-foot cliff was where the victim fell. California Intentionally drove the car over the edge. Two The vehicle was occupied by two adults and children. MiraculouslyNone of the passengers were hurt. The Driver “has been placed under arrest for attempted murder and child abuse,” According to California Highway Patrol.

California Teenager Makes Emergency Landing, Credits God

A teenager in California Flying a plane made an emergency landing On Monday When the single-engine aircraft lost unexpectedly its power near the airport San Bernardino National Forest.

“God helped me through that one,” He said this after the incident.

FTC Proposes Banning Noncompete Clauses

On ThursdayThe FTC proposed Noncompete clauses should be banned. They prohibit former employees from starting or forming a competitor company for a certain period after they have left. The FTC claims that these clauses infringe a 109 year-old law that bans “unfair methods of competition.”

Kinzinger Goes To CNN

Former Congressman Adam Kinzinger CNN announced that he is now a senior political commentator. Wednesday evening.

Democratic Rep. Will Be Sworn In On Comic Book

California Democratic Representative-elect Robert Garcia He will be sworn into office “on the U.S. Constitution,” his citizenship certification — and a rare 1939 first edition comic book of Superman On loan from the Library This is Congress. Garcia Lifelong learning is a must Superman Fan who claimed he identified as an immigrant with the comic book hero.

Mega Millions Jackpot Hits $940 Million

AndThe Mega Millions Jackpot After no one won the top prize, it is expected to reach an estimated $940million Tuesday. People Typically, people choose the cashout option. The group announced that it will cost around $483.5million. The Next drawing will be held at 11:00 p.m. ET.

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