US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply 
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand 
India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins 
ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security 
Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S. 
GM Q2 Earnings Beat Estimates as General Motors Raises 2026 Profit Outlook 
IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness 
Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply 
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High 
Macquarie Names Greg Ward as CEO, Signaling Stability and Strategic Continuity 
Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns 
Chalco Shares Jump as Chinalco Plans Up to $300 Million Stake Increase 
Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call 
KPMG Australia Appoints John Sams as CEO Following Audit Leak Scandal 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Amazon is set to lose two important executives who were said to have played a role in the company’s foray into the health care business. It is also shutting its telehealth service this year.
As per CNBC, the two executives were the co-founders of PillPack online pharmacy startup as well, and they are TJ Parker and Elliot Cohen. Amazon acquired the pharmacy in 2018 for around $750 million, and the co-founders came aboard the e-commerce and tech firm as health strategy advisors.
When the acquisition was completed, the two worked with Amazon to help launch its Amazon Pharmacy, an online shop for medicines which delivers prescription drugs in the United States. Parker and Cohen were the vice president of the said pharmacy before they were moved to consulting roles recently.
Now they are both leaving Amazon at the end of this month. They have personally announced their departure through a note they sent to their team at the company on Tuesday, Sept. 20.
“I’m officially moving on from PillPack / Amazon. I’m so proud of what we have accomplished over the last decade and am filled with gratitude,” Parker wrote on LinkedIn with his full note to the team attached.
In recent years, Amazon has scaled up its push into the health care business, however, only part of its efforts was successful. It was reported that its pharmacy unit is struggling to secure its share in the market while Amazon has decided to fully shut down its Amazon Care telehealth service business.
Parker said that he and Cohen are likely to take a rest and spend more time with their families. Later on, they will both return to invest, start a new business, and give advice to healthcare and consumer-focused businesses.
For the departure of Parker and Cohen, Amazon’s health care operation’s veteran executive, Neil Lindsay, sent an email to employees. He said that their exit from the company is “bittersweet” and expressed gratitude for helping them develop the strategy for a better consumer health care experience.
“TJ and Elliot have had a significant impact on Amazon and the Health Services organization, and while they will be missed, we’re grateful for their contributions and wish them well on their next endeavors,” Bloomberg quoted Lindsay as saying in the email.
