Business
Amazon to start trimming back on unprofitable items
Amazon.com Inc. has promoted itself as the best place to find anything consumers want to buy -- from table saws to big-screen televisions -- but the Internet retailer says it will start trimming back on unprofitable items.
Amazon.com Inc. has promoted itself as the best place to find anything consumers want to buy -- from table saws to big-screen televisions -- but the Internet retailer says it will start trimming back on unprofitable items. That is among the pledges Amazon Chief Executive Jeff Bezos laid out Wednesday in a companywide e-mail, in which he also addressed the Seattle Internet retailer's recent decision to lay off 15 percent of its work force. Full story. -- Wall Street Journal