Amazon CEO Jeff Bezos offers coronavirus help to White House
Bezos is among the many CEOs offering support to the White House says Trump
Amazon CEO Jeff Bezos, who also owns the Washington Post, has reached out to the White House offering assistance during the coronavirus crisis.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | 211.48 | -2.62 | -1.22% |
President Trump, a frequent critic of WaPo citing "fake news" stories on occasion, was asked about the specifics of the outreach during Monday's coronavirus task force update.
"I've heard that is true but I don't know that for a fact, some of my people, as I understand it, have been dealing with them or with him and that is nice," said Trump adding "We have had tremendous support from a lot of people that can help and I believe he was one of them."
Amazon confirmed to FOX Business that Bezos has been in contact with the administration without offering specific details.
AMAZON TO HIRE 100,000 WORKERS AMID SHOPPING SPIKE
Separately on Monday, Amazon announced plans to hire 100,000 workers to handle the spike in online shopping due to the outbreak.
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Bezos was not among the CEOs who visited the White House last week offering ideas on logistics, supply chains, critical product stocking and virus testing procedures.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 84.47 | -1.06 | -1.25% |
| TGT | TARGET CORP. | 153.45 | -1.54 | -0.99% |
| CVS | CVS HEALTH CORP. | 55.10 | +0.83 | +1.54% |
| WBA | WALGREENS BOOTS ALLIANCE INC. | 8.81 | -0.22 | -2.44% |
| KR | THE KROGER CO. | 59.08 | -0.50 | -0.84% |
| COST | COSTCO WHOLESALE CORP. | 923.89 | -9.84 | -1.05% |
| Q | NO DATA AVAILABLE | - | - | - |
Chiefs from Walmart, Target, CVS, Walgreens, Kroger, Costco and Quest were among the business leaders who met to discuss their company roles in helping weather the crisis and assisting the American public.
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