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The start of Amazon’s Prime Day was plagued by problems as customers struggled to access the retailer’s website. For some people, the site's homepage was inaccessible, while others had trouble with links not working. The event is one of the biggest sales days for the retail giant; one estimate says Amazon earned approximately $1 billion last year in the 30-hour event, or $34 million per hour.
Also: Amazon's chief and founder Jeff Bezos became the richest person in modern history this week, when his net worth topped $150 billion. Bezos' fortune is the highest since at least 1982, when Forbes first published its wealth ranking.
WeWork is giving up meat. In a memo to all workers, the company said it’s nixing serving red meat, poultry or pork at company events and will no longer reimburse employees for meals that include meat. Company co-founder Miguel McKelvey said the decision was influenced by new research showing that not eating meat is a way for individuals to “reduce their personal environmental impact.”
The number of people signing up for Netflix in the second quarter of 2018 fell short of estimates, sending the streaming video service’s shares plummeting. The company’s stock slid as much as 14% after it missed subscriber estimates by one million. The company blamed the miss on forecasting errors.
Boeing and Airbus have landed $43 billion worth of airliner orders, with single-aisle planes dominating the deals. Boeing’s biggest coup is a Jet Airways deal worth $8.8 billion, while Airbus picked up an $8.8 billion contract with an undisclosed buyer. Both companies will now be under extra pressure to increase production despite struggling to meet current demand.
Russian President Putin has denied that his government interfered in American elections and pledged to look into charges by the U.S. Department of Justice against Russian military officers. The remarks followed a private 90-minute talk with President Trump in Helsinki, Finland, on Monday. The Justice Department charged Mariia Butina, a Russian who tried to arrange secret meetings between Putin and then-candidate Trump, with carrying out a Russian effort to influence the U.S. presidential elections.