Annie Palmer

Articles by Annie Palmer

Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen - CNBC

Business September 5, 2026

Adobe on Thursday named Anil Chakravarthy as its next president and CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year. Chakravarthy, who most recently served as pοΏ½...

New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors - CNBC

Business August 5, 2026

New Jersey Attorney General Jennifer Davenport announced on Tuesday that she's suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors tοΏ½...

SpaceX aborts Starship test flight, sending stock lower - CNBC

Business July 18, 2026

SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt "hopefully in a few days." A 90-minute launch window opened at 6:45 p.m. ET, οΏ½...

Bezos' Blue Origin valued at $130 billion in first public fundraising round - CNBC

Business July 9, 2026

Jeff Bezos' Blue Origin is raising about $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin. Bezos is set to οΏ½...

Amazon raising at least $25 billion in bond sale, won't issue more debt in 2026 - CNBC

Business July 8, 2026

Amazon plans to raise at least $25 billion through an eight-part bond sale, as it looks to continue its massive artificial intelligence buildout, sources told CNBC's David Faber. The company has alsοΏ½...

Amazon 'strong-armed' Levi's, Hanes to hike prices on rival sites, California AG says - CNBC

Business April 22, 2026

Amazon pressured major brands like Levi Strauss & Co. and Hanes to inflate prices of listings on rival online marketplaces as part of wide-ranging price-fixing scheme, according to California AttοΏ½...

Amazon says AI chief Rohit Prasad is leaving, Peter DeSantis to lead 'AGI' group - CNBC

Business December 18, 2025

Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving at the end of this year, the company confirmed Wednesday. As part of the move, Amazon CEO Andy JaοΏ½...