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September 01, 2020 1:28pm
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Amazon to hire 50,000 workers

The markets extended its gains during the midday with the Dow soaring 107 points to 21,720. Nasdaq rose 7 points to 6,419.


Amazon plans to hire more than 50,000 workers across the nation to staff its fulfillment centers. Most of the positions will be full-time offering competitive pay along with health insurance, disability insurance, retirement savings plans and company stock. Ten of the shipping centers will host an Amazon Jobs Day hiring event on Wednesday, August 2.


Britain will no longer allow the sale of new gas and diesel cars beginning in 2040 as part of a comprehensive plan to combat air pollution. France and Norway have already pledged to ban internal combustion engine cars. Britain also announced that up to $326 million will be made available to local governments to reduce pollution.


Coca-Cola will replace Coke Zero with a reinvented, sugar-free Coke Zero Sugar in the United States next month. The beverage company has been developing Coke Zero Sugar for over five years and has been selling the product in overseas markets. Sales in Europe, Latin America, Middle East and Africa surged in the second quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 8 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 added 2 points to 2,479. Bitcoin tumbled $40 to $2515.


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