Amazon Joins with Berkshire Hathaway, JPMorgan to Form Health-care Company
By Matt Day / The Seattle Times
The three U.S. corporate giants say their new venture will work to improve employee care and lower costs "free from profit-making incentives and constraints."
Amazon — thought for years to be weighing an entry into health care — landed there with an unexpected splash Tuesday, revealing plans to form a joint venture with Warren Buffett’s Berkshire Hathaway and JPMorgan Chase that’s charged with lowering the cost of caring for employees.