Amazon News Updates

Business

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla Inc. CEO Elon Musk said it鈥檚 鈥渢ime to break up Amazon鈥 in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.

June 5, 2020
Business, Technology, Logistics, Autonomous

Amazon Buying Zoox May Save $20 Billion, Put Tesla on Its Heels

Amazon .com Inc.鈥檚 talks to buy driverless vehicle startup Zoox Inc. has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-booking companies on their heels.

May 27, 2020
Business, Logistics

Amazon Prime Air Could Surge to 200 Jets From 42, Study Says

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes 鈥 up from 42 now 鈥 in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

May 26, 2020
Business, Technology, Logistics, Top 50, Top 100

FedEx, Microsoft Join Forces for Package Shipping

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.

May 18, 2020
Business, Safety, Logistics

Amazon Says Deliveries Returning to Normal After COVID-19 Crush

Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.

May 13, 2020
Business, Logistics

Amazon Profit Falls as Pandemic-Related Costs Rise

NEW YORK 鈥 Amazon鈥檚 sales soared in the first three months of the year, as more homebound people shopped online amid the coronavirus pandemic.

May 1, 2020
Government, Business

Trump Criticizes Postal Service, Says It Should Boost Rates for Amazon

President Donald Trump said the U.S. Postal Service is 鈥渁 joke鈥 and should quadruple the rate it charges major companies to ship a package, but is too frightened of Amazon .com Inc. to do so.

April 24, 2020
Government, Business, Safety, Logistics

Amazon Sales Curbs in France Stay as Judges Put Safety First

Amazon .com Inc. lost its fight to be able to sell the whole range of its products in France after failing to convince judges it had taken measures to protect workers from the coronavirus.

April 24, 2020
Business, Logistics

Amazon Nudges Customers Away From Nonessential Items

The pandemic has many of us acting in unusual ways, and the world鈥檚 largest e-commerce company is no exception: Amazon.com has begun discouraging users from buying things they don鈥檛 need.

April 17, 2020
Government, Business, Logistics

Amazon May Stop French Deliveries After Court Order

Amazon .com Inc. threatened to stop activity at its fulfillment centers in France after a court order banned the sale of non-essential goods, concluding the retailer isn鈥檛 doing enough to protect staff from the COVID-19 pandemic.

April 15, 2020