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29.10 - 18:35
Jeff Bezos Says It’s Time to ‘Batten Down the Hatches’ as Economy Cools
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Jeff Bezos said the economy is flashing warning signs, joining other corporate leaders who have cautioned that the U.S. is headed for a recession.
The Amazon.com Inc. founder suggested that people should get ready for a potential economic downturn. His comment came in response to a video clip from Goldman Sachs Group Inc. Chief Executive David Solomon, who said companies should be cautious and prepared in the event the U.S. enters a recession.
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