Amazon.com Inc. profit nearly doubled in the critical holiday period. The company managed to control labor and supply costs better than expected. Amazon saw a huge boost in the quarter from its investment in electric-car maker Rivian Automotive.
Elon Musk and Vivek Ramaswamy, appointed as co-leads of President-elect Donald Trump's "Department of Government Efficiency" (DOGE), have detailed their plans in an op-ed published in The Wall Street Journal.
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