Amazon raises Prime Membership

The markets retreated during the midday with the Dow slipping 12 points to 24,309. Nasdaq eased 2 points to 7116.

Amazon will increase the price of its Amazon Prime membership by $20 to $119 per year from $99 per year. The price was last raised in 2014 from the original cost of $79 per year. Prime member benefits include free two-day shipping, music streaming, streaming of movies, access to Amazon Prime Video, and online data storage.

Facebook introduced a new sleep mode for its Messenger Kids app for parents to control usage of the chat app. While in sleep mode, notifications will not appear, messages cannot be sent or received and the app's camera will not function. Parents set the time for sleep mode through the parental controls panel.

Wynn Resorts will change the name of a new casino that is slated to open in 2019 from Wynn Boston Harbor to Encore Boston Harbor. Chief executive Matthew Maddox testified before the Massachusetts Gaming Commission that the company maintains no ties to founder and former chief executive Steve Wynn. Allegations of sexual misconduct forced Wynn to resign from the company earlier this year.

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 added 2 points to 2,669. Bitcoin soared $188 to $9,286.

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.