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Amazon’s smart Echo speaker is spurring company hiring?and a growing presence — in Cambridge, Mass.

Amid rising concerns about companies' stock-based collateral - by which shares are pledged as collateral for loans - some local authorities have taken steps to stabilize market sentiment, granting preferential policies to ease financing conditions and allowing financial institutions to renegotiate lending terms.

Amazon’s first-party online sales dipped below 50 percent of the company’s overall net sales in the first quarter, reflecting the growth of the tech giant’s other businesses. (GeekWire Chart)

Amazon’s interest in the pharmaceutical business goes back decades. Amazon in 1999 invested in drugstore.com, the Bellevue, Wash.-based distributor of drugs, vitamins, and beauty products that traces its roots to the?early days of the e-commerce revolution. Amazon was thought of as a possible buyer for the company before Walgreens scooped it up in 2011 for 9 million before shutting it down last year.

Amid the ongoing novel coronavirus epidemic, a large number of Chinese companies have ordered employees to work from home, looking to curb the spread of the epidemic as many staffers return from the Spring Festival travel rush.