🗞️Amazon store expansion

February 12th, 2025

What happened today 🇺🇸,

• Amazon has opened a beauty and personal care retail store in Italy, as part of a brick-and-mortar expansion

• Federal judge, George O’Toole, has declined to pause the Trump administration’s federal government buyout program, this ruling allows the administration proceed forward with the plan and set a new deadline for employees to accept the offer and resign…as of now about 65,000 federal employees have already agreed to resign

• Attorney General, Pam Bondi, has said that the Justice Department is suing New York State and its top officials including Governor Hochul, NY AG Letitia James and New York's commissioner of the DMV Mark Schroeder for allegedly failing to enforce federal immigration laws

• American teacher, Marc Fogel, was freed from a Russian prison and returned home to America…he had served 3 and a half years of a 14 year sentence for drug charges, in exchange the U.S. gave back a Russian imprisoned in the U.S. on money laundering charges

• Tulsi Gabbard has officially been confirmed by the Senate to be Director of National Intelligence

• The New York Stock Exchange is launching an exchange in Texas, NYSE Chicago will reincorporate in Texas and rebrand as NYSE Texas and be headquartered in Dallas

• January CPI inflation came in at to 3.0% year over year above expectations of 2.9% and .5% month over month above the expectations of .3%

• Joann, the fabric and craft retail chain, has announced they plan to close 500 of their almost 850 stores nationwide

• Americans believe they need at least $1.46 million to retire, up 53% since 2020, per Northwestern Mutual

• Chevron will lay off 15-20% of its global workforce, which could result in about 9,000 people to be let go

• DOW down .50% / S&P down .27%

• President Trump said negotiations to end war in Ukraine will start “immediately” after holding a call with both Putin of Russia and Zelenskyy of Ukraine today

Bonus: A look at the which countries have the largest military aircraft fleets

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Quote of the day: “Diligence is the mother of good luck.”— Benjamin Franklin

Have a great night!

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