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Jeff Bezos speaks about his flight on Blue Origin’s New Shepard into space during a press conference on July 20, 2021 in Van Horn, Texas.Joe Raedle | Getty ImagesJeff Bezos believes his space venture Blue Origin will one day be a bigger company than Amazon."I think it's going to be the best business that I've ever been involved in, but it's going to take a while," Bezos said Wednesday at The New York Times' DealBook Summit.Amazon, which Bezos founded in 1994, has a market value of about $2.3 trillion. Blue Origin, which Bezos founded in 2000, has never disclosed a valuation. He solely owns and funds Blue Origin through sales of his Amazon stock.Bezos admitted that the space company "is not a very good business yet," in a reference to Blue Origin CEO Dave Limp's question of whether the spac...

Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty ImagesAmazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday at The New York Times' DealBook Summit, saying he expects a more friendly regulatory environment in the upcoming administration."I'm actually very optimistic this time around," Bezos said on stage. "He seems to have a lot of energy around reducing regulation. If I can help do that, I'm going to help him."Bezos' comments struck a cheerful tone despite Trump publicly lambasting the billionaire during his first term. Trump repeatedly attacked Bezos and his co...

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty ImagesAmerican Eagle issued weak holiday guidance on Wednesday and cut its full-year forecast as it contends with value-seeking consumers who are only willing to spend during key shopping moments. The apparel retailer narrowly missed Wall Street's expectations on the top line, but beat on the bottom line. Here's how American Eagle performed during its third fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per share: 48 cents adjusted vs. 46 cents expectedRevenue: $1.29 billion vs. $1.30 billion expectedThe company's reported net income for the three-month period that ended Nov. 2 was $80 million, or 41 cents per share...