Jeff Bezos Pledges $2 Billion Toward Education and Homelessness

WorkBusiness NewsLearnEntertainment Jeff Bezos Unveils Plans for Charitable Giving
By Jackie Goodman

"I know what Amazon could do when we were 10 people and I know what we could do when we were 1,000 and I know what we could do when we were 10,000, and I know what we could do the day when we are a half a million", he added.

"Well I do defend the Post", Bezos said.

Jeff Bezos and his wife MacKenzie Bezos launched a US$2 billion fund to help homeless families and create a network of non-profit preschools in low-income communities. Amazon, it should be said, has responded to these claims before, calling them "inaccurate and misleading". But in June past year, he chose to use his money to help those who needed it sooner, turning to Twitter for donation suggestions.

The first will fund existing nonprofits and issue annual awards to organisations doing "compassionate, needle-moving work" to shelter and support the immediate needs of young families. The Day 1 Academies Fund, meanwhile, "will launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities".

Donald Trump: 'I Fell Asleep' During Barack Obama Speech
Obama said, "Just take a glance at recent headlines should tell you this moment really is different, the stakes really are higher. Former President Barack Obama attends a campaign event Saturday in Anaheim, California, for Democratic congressional candidates.

When Seattle passed a tax in May on large companies to fight the city's growing homelessness crisis, Amazon balked and even temporarily halted construction planning on a new high-rise building near its headquarters.

Amazon founder Jeff Bezos plans to open and fund nursery schools in low income areas, promising that poor children would be treated like Amazon customers.

More than two decades later, Amazon earns more than $177 billion annually, while Bezos has a personal net worth of more than $160 billion and various side projects, including the space tourism firm Blue Origin and ownership of the Washington Post.

Trump has repeatedly said without evidence that package deliveries by the US Postal Service for Amazon were costing the service money. Bezos said it is important for politicians not to vilify big businesses since they can create so much value.

Hurricane Florence, Helene, Isaac in the Atlantic
Hurricane Florence was traveling over warm Atlantic waters and gaining energy as it moved 625 miles southeast of Bermuda Monday. Tropical storm winds are forecast to hit the region sometime Thursday morning, with landfall occurring late Thursday night.

According to the research firm eMarketer, Amazon's e-commerce revenue will grow more than 28 percent this year to reach $394 billion, and will account for 49 percent of United States online retail sales and almost five percent of all retail spending.

Amazon, meanwhile, has been criticized for years for largely taking a pass on the formal donation programs of corporate peers.

Trump has frequently made Bezos and the Washington Post top targets for his criticism of the press and has often attacked the newspaper and other media outlets for publishing accounts and quotes from anonymous sources inside his White House. It's also social norms that protect us.

Packers rookie QB Tim Boyle buys his own Aaron Rodgers jersey
We have to get ready to play, and I want players that want to be here, that want to help us put this thing back in high gear". I'm not sure anyone was asking that question last season before Aaron Rodgers got hurt, but they are certainly asking it now.

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