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Amazon has 100M Prime members, reveals CEO Jeff Bezos in his annual shareholder letter. The e-commerce giant, historically vague about Prime figures, says it added more members last year than ever before.
The FAA ordered an inspection of 220 jet engines after a Southwest engine explosion left one passenger dead on Tuesday. The Dallas-bound Southwest flight was 20 minutes in when its CFM56 engine exploded due to a broken fan blade.
Procter & Gamble
Procter & Gamble will buy Merck KGaA’s consumer-health business for $4.2B — one of P&G’s largest purchases in recent years. The unit sells over-the-counter products in more than 40 non-U.S. markets, making roughly $1B in annual sales.
“High standards are contagious... The opposite is also true. If low standards prevail, those too will quickly spread.” Amazon CEO Jeff Bezos, in his annual shareholders letter
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Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
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