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Amazon
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This article was written by P.J. McCormick, New York Post Commerce Deals Writer/Reporter. P.J. is an expert deal-finder, sifting through endless brands and retailers to deliver only the best savings opportunities on truly worthwhile products. P.J. finds Prime Day-worthy deals all year long on some of our favorite products we've tested and our readers' beloved best-sellers, from Wayfair furniture sales to the lowest prices on Apple AirPods. P.J. has been scouring sales for Post Wanted shoppers since 2022 and previously held positions at Rolling Stone, Pitchfork and Hyperallergic. Please note that deals can expire, and all prices are subject to change.
Check out the New York Post Shopping section for more content.
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New York Post
12 minutes ago
- New York Post
NYC straphangers fume over ‘greedy' MTA's latest fare hike proposal: ‘Your entire plan is bulls–t'
Big Apple residents vented about the MTA's latest planned fare hike during a public hearing Tuesday evening — blasting the 'greedy' transit agency while complaining about the state of the subway system. 'Your entire plan is bulls–t,' straphanger Emmanuel Vasquez fumed to MTA officials at the Brooklyn New York City Transit Authority Office. 'An increase to three dollars … are you delusional?' the John Jay College student railed at the hearing that attracted roughly 100 New Yorkers. 6 MTA Chairman Janno Lieber speaks to the media before a hybrid hearing on proposed fare changes at MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post The cash-strapped MTA is set to squeeze commuters even more by Jan. 4, 2026, raising the city's subway and bus fare to $3 — a 10-cent increase to the current fare after the agency last jacked up the price in the middle of 2023. 'There's always flooding, there's always a brake emergency, there's always a power outage. And you're expecting me to pay more for this crap? …You cannot see the reality that is going on in this subway,' Vasquez raged as moderators told him to silence the cursing. Other commuters argued the latest planned fare hike proves inconsistent with the current conditions underground — including fare evaders, unreliable travel times and flooding. 'People are still jumping over the turnstiles. It's like a circus. So the millions of dollars that have been installed in the train stations, it doesn't seem like it's working … I'm just tired of being tired,' said Lynette Rushmore. 6 Partial view of MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post 'I'm just not seeing anything that's been elevated in our transit system to date in 2025. I don't see anything that's a benefit to the commuter. I'm frustrated because of all of the inconsistencies.' Rushmore said. Fare evasion across the Big Apple's subway system decreased modestly to 9.8% through the first quarter of this year compared to the 13.6% of turnstile jumpers during the same span in 2024. The slight decrease comes despite the MTA installing new spikes and flaps at subway entrances in hopes of forcing straphangers to pay the $2.90 fee. Some straphangers at Tuesday night's hearing even argued they understood why turnstile hoppers choose to evade the fare. 6 Members of the public speak during testimony at a hybrid hearing on proposed fare changes at MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post 'I've never seen an agency more inefficient, more incompetent, more greedy than the MTA.' said lifelong New Yorker Serenjo Persaud. 'Every day, people hop the gate. If I want to go to my job or any occasion on time, there is always a delay in service every single day,' Persaud said. 'And I hate to admit it, but we do hop. There's a reason we do it. And there's a mass greed in the MTA … A power outage, a malfunction over here. Enough is enough. I've never seen more greed, greed, greed than in the MTA,' he said. Kristian Joseph, 28, was one of multiple members from 'The Fare Ain't Fare Group,' organized by the Brooklyn-based Pan-African human rights organization dubbed the 'December 12th Movement,' who were present at the meeting. 6 Janno Lieber (center), John J. McCarthy, and Shanifah Rieara, listen to public testimony during a hybrid hearing on proposed fare changes at MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post Joseph claimed his group has collected roughly 2,000 signatures opposed to the recent hike on an online petition. 'It's a smack in the face of the working class, because the MTA is very aware, and everyone is very aware, that the cost of living is continuing to rise and rise and rise in every facet of all the necessities that we purchase in order to live,' Joseph told The Post. 'And so the fare hike, it just piles on in terms of the increasing burdens on the working people of this city,' the fed-up commuter said. Some MTA leaders trivialized the fare hike when it was revealed last month at an MTA board meeting. 6 MTA Chairman Janno Lieber (center) and board members listen to testimony from mayoral candidate Curtis Sliwa during a hybrid hearing on proposed fare changes at MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post 'I would not call this a hike,' board member Neal Zuckerman had said. 'I think we're raising it 4.4% for the first time in two and a half years and that's pretty generous. 'This is a very gradual raise and I think very respectful of the inflation and affordability issues,' Zuckerman argued. Drivers, who already are dealing with congestion pricing fees, would also be walloped with toll increases for various bridges and tunnels around the tristate area. Tolls would jump from $6.94 to $7.46 on the RFK, Whitestone, Throgs Neck and Verrazzano bridges along with the Queens-Midtown and Hugh Carey tunnels. 6 John J. McCarthy, (left), Quemuel Arroyo, and Janno Lieber (right) chat following a hybrid hearing on proposed fare changes at MTA Headquarters in Brooklyn on Tuesday, August 19, 2025. Luiz C. Ribeiro for New York Post Long Island Rail Road and Metro-North riders will also face a 4.4% increase for one-way, weekly, and monthly tickets if the MTA board approves the new rates later this year. Mayor Eric Adams called the current fare 'already too high for many' and urged board members to reject the proposal when it goes to a vote in the fall. Start your day with all you need to know Morning Report delivers the latest news, videos, photos and more. Thanks for signing up! Enter your email address Please provide a valid email address. By clicking above you agree to the Terms of Use and Privacy Policy. Never miss a story. Check out more newsletters 'Proposing a fare hike without demonstrating meaningful improvements is offensive to hard-working New Yorkers, and that's why I'm urging all board appointees to vote no on this proposal,' he said. 'We strongly oppose this fare increase and remain committed to fighting for a more affordable and equitable city.' The proposed increase comes as the MTA is on track to notch $500 million from congestion pricing so far this year – though the agency continues to struggle to slow fare evasion that costs it about $700 million yearly.
Yahoo
44 minutes ago
- Yahoo
If I Could Only Buy and Hold a Single Stock, This Would Be It
Key Points Amazon and its management team are experienced with trying new things. Every success or failure, however, is a learning experience. History has shown that companies that foster innovation and don't punish failure tend to thrive, while those that fear it or are unwilling to adapt often struggle. 10 stocks we like better than Amazon › Investors can own as many individual stocks as they want and can afford. Sometimes, though, hypothetically imagining that you're limited to just one can be enlightening. That thought experiment forces you to rate and rank the strengths and flaws of every investment candidate on your radar. This process can -- in a good way -- really help you narrow down your list to a small handful of top options. Or one. And I know exactly which one that would be for me. If I could only buy and hold a single stock, it would be Amazon (NASDAQ: AMZN). Here's why. What Amazon really is You very likely already know the company. Amazon is, of course, the king of North American e-commerce, accounting for nearly 40% of the market's total revenue, according to research by Digital Commerce 360. It's doing alright overseas, too. Then there's its cloud computing arm, Amazon Web Services, which provides a relatively small portion of its revenue, but is responsible for nearly 60% of the company's operating profits. However, these numbers still don't even come close to telling the whole story. Amazon also manages an on-demand video platform (Prime), owns grocery store chain Whole Foods Markets, does delivery work for other online retailers, and sells prescription pharmaceuticals through its Pillpack arm. It also monetizes its online mall by allowing its sellers to pay for more prominent promotion, creating an advertising business that generated $15.7 billion in revenue last quarter alone, by the way. On top of all that, it owns websites and Twitch, and is the parent to camera-doorbell brand Ring. There's a method to the madness behind these seemingly disparate lines of business, though. While most companies focus on doing one or two things extremely well, Amazon has orchestrated several different lines of business, each of which fuels another, and each of which is fueled by another. The result is a mesh of different profit centers that ultimately funnels consumers and corporations into Amazon's ecosystem. Yes, it's complicated, but yes, Amazon can handle it. That's not quite the only reason I'd be willing to make Amazon my one and only stock holding, though. Jeff Bezos started it Companies founded or grown by bigger-than-life leaders can make for potentially problematic investments. It's just difficult to determine if it's the company that's something special, or the person. If it's the person, what happens when that individual is no longer at the helm? Case in point: General Electric was never quite the same after Jack Welch stepped down as CEO in 2001. Steve Jobs was also nearly synonymous with Apple until he passed the torch to Tim Cook in 2011. While Cook has been a solid successor, he's arguably not quite as captivating or magical as his predecessor. Neither is Apple under him. Still, most high-profile chief executives -- and founders in particular -- manage to leave their mark on their company's culture. That imprint remains part of the organization's ethos even in their absence. While current Amazon CEO Andy Jassy is no Jeff Bezos, for instance, Bezos' philosophy remains. Take, for example, the company's willingness to experiment. As Bezos noted in his 2016 letter to Amazon's shareholders, "Most large organizations embrace the idea of invention, but are not willing to suffer the string of failed experiments necessary to get there." That does not describe Amazon, though. Bezos made a point of fostering a "fail fast, fail often" work culture that did end up producing some failures, such as the Fire smartphone. Such experiments, however, also led to the creation of Amazon Web Services and Amazon Prime, the latter of which has been a massive growth driver for the company. Now Jassy is blending his own mindset with Bezos'. As he said while discussing the company's core 16 leadership principles, "At Amazon, you are not just empowered to speak up if you think we're doing something wrong for customers of the business. You're expected to do so, regardless of level." It works. Amazon is an even bigger company now than it was when Bezos stepped down as CEO. Don't underestimate the power of a willingness to innovate Many investors will point out that a healthy corporate culture doesn't pay the bills. I agree. At some point, to thrive, every company must sell its products or services profitably. Amazon is no exception. History has shown, however, that companies with corporate cultures that encourage innovation and don't punish failure tend to prosper while organizations that are cautiously and defensively managed often struggle. Compare Alphabet today to post-Welch GE, for instance. The manufacturing conglomerate ultimately hit a wall after years of obscuring the true depth of its insurance arm's liabilities from a management team that might have been able to fix them (although the company didn't exactly embrace the advent of the digital age either). Or compare Blockbuster to Netflix. The once-giant video rental chain infamously had a chance to buy the latter for a mere $50 million back in 2000. At the time, Blockbuster was doing on the order of $4 billion worth of business per year, and could have easily purchased Netflix, if only to take its budding competitor out of the market. But it didn't. In its defense, Blockbuster's decision at the time wasn't quite the obvious misstep it seems in retrospect. Remember, Netflix wasn't yet streaming then. It was still only renting DVDs by mail. Given Blockbuster's dominance of the brick-and-mortar movie rental business back in 2000, the logistics behind this new kind of movie rental business model understandably didn't make sense to the now-defunct company. In many regards, though, that story underscores the underlying theme here in an even more effective way. Even if Blockbuster didn't want Netflix, Blockbuster certainly could have leveraged its own powerful brand to become a streaming powerhouse. Likewise, if not Netflix, some other enterprising outfit would have eventually launched the streaming-video business. Netflix was simply the outfit that tried the idea out first, knowing when it did so that it might end in failure. So for my money, I'll bet on a company that is experienced with managing experiments' successes as well as failures -- and learning from both -- to evolve and thrive. That said, it certainly doesn't hurt the bullish argument that Amazon has the financial flexibility to experiment. With its $2.5 trillion market cap, it does more than $600 billion worth of business per year, and turns about $60 billion of that into net income. Meanwhile, it's only sitting on a little over $80 billion in long-term debt. It's much easier not to fear failure when you can actually afford to take big swings, miss, and try again. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 James Brumley has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, and Netflix. The Motley Fool recommends GE Aerospace. The Motley Fool has a disclosure policy. If I Could Only Buy and Hold a Single Stock, This Would Be It was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
AI Startup ChatBlu Secures $500K in Pre-Seed Funding to Automate Inventory for Online Retailers
ChatBlu has raised $500,000 in pre-seed funding to launch an autonomous AI agent that automates inventory management across platforms for multi-platform e-commerce. Founded by 20-year-olds Kristian Lukauskis and Alexander Dillon, the startup is backed by Matador VC and angels from Google and Courtesy of ChatBlu LONDON, Aug. 19, 2025 (GLOBE NEWSWIRE) -- ChatBlu, a rising artificial intelligence startup founded by Kristian Lukauskis of Miami and Alexander Dillon of London, has announced the close of a $500,000 pre-seed funding round. The company is building an autonomous AI agent designed to eliminate manual inventory management for e-commerce sellers operating across multiple platforms. The round was led by Matador Venture Capital, a firm known for backing several Y Combinator X25 companies. It included participation from angel investors associated with Google and Amazon Web Services. The funding will support ChatBlu's product development and go-to-market rollout, which is planned for September 2025. ChatBlu was incorporated in April 2025 and aims to solve a widespread pain point in digital commerce: syncing listings, managing stock, and adjusting pricing across storefronts like Shopify, Amazon, Etsy, and WooCommerce. By enabling store owners to issue simple, natural-language commands, the AI agent executes all backend tasks autonomously across channels. 'E-commerce has evolved, but inventory management hasn't kept up.' Said Dillon, 'ChatBlu is here to change that and set a new standard for how stores operate across platforms.' Industry research estimates that poor inventory coordination results in $1.8 trillion in lost revenue for retailers every year. ChatBlu's team believes their product can help merchants increase conversion rates by up to 20 percent through intelligent listing optimization and real-time inventory control. The company was developed within the 2024–2025 cohort of the Genoa Entrepreneurship School, a European accelerator program that boasts a 75 percent funding success rate. Supported by mentors such as Douglas Leone of Sequoia Capital, Genoa provides students with access to capital and global networks. ChatBlu's technical development is led by CTO Sairam Vangapally, a former Amazon and Shutterfly engineer. Additional team members bring experience from Apple, Meta, Adidas, and Xbox. ChatBlu will initially serve English-speaking markets, with expansion into the Hispanic e-commerce sector planned for 2026. Learn more about ChatBlu's technology and upcoming launch at About ChatBlu ChatBlu is an artificial intelligence company building the first autonomous AI agent for multi-platform inventory management. Founded by Kristian Lukauskis, Alexander Dillon, and Sairam Vangapally, ChatBlu has received $500,000 in funding to automate backend retail operations for digital merchants. The startup is backed by Genoa Entrepreneurship School and Matador Ventures Capital, which has several Y-Combinator startups in its portfolio. Its founding team brings experience from companies including Amazon, Apple, Meta, and Adidas. The company's vision is to eliminate manual inventory processes through intelligent automation. Contact Information: Contact Person's Name: Kristian Lukauskis, CEOOrganization / Company: ChatBluCompany website: Email Address: A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
