Amazon News Updates

Business, Logistics

Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City

Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.

July 24, 2019
Government, Business, Logistics

Amazon Has ‘Destroyed’ US Retail Industry, Says Treasury Secretary Steven Mnuchin

U.S. Treasury Secretary Steven Mnuchin alleged that Amazon has “limited competition†and harmed the retail industry as the Trump administration announced a broad antitrust review into whether technology companies are using their power to thwart rivals.

July 24, 2019
Business, Technology

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.

July 23, 2019
Business, Technology

Amazon Hit With Consumer Complaint Over Prime Day Endorsements

Amazon should be investigated by U.S. regulators over undisclosed paid endorsements on Prime Day, Washington-based Public Citizen, a consumer advocacy group says.

July 23, 2019
Business, TCA

Amazon Hub to Net Estimated $111.7 Million for Florida City

The first question city officials were asked when news broke that Amazon was building an air cargo complex in Lakeland was how would the project benefit area residents. The calculations are in.

July 22, 2019
Business

Data Suggests Amazon Customers Not Sold on Prime

Internet searches for “Canceling Amazon Prime†were 18 times higher June 15 — the beginning of Amazon.com’s two-day sale — than the previous day, according to search engine monitoring firm Captify, suggesting shoppers did not want to make a long-term commitment to the giant online retailer.

July 16, 2019
Business, Safety

Amazon Bargain Days Give Porch Pirates Prime Opportunity

Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up.

July 16, 2019
Business, Logistics

Amazon Prime Day Boosted by Promotion From Taylor Swift, Other Celebs

Amazon.com is tapping high-profile actors, athletes and social-media sensations like never before to maintain buzz around its Prime Day summer sale, now in its fifth year and battling increasing competition from rivals.

July 15, 2019
Business, Technology

Amazon Commits $700 Million to Retrain Workers in New Skills

Amazon.com Inc. said it will spend $700 million to retrain about one-third of its U.S. workforce in skills needed to thrive in the new economy.

July 11, 2019
Business, Technology

Amazon Back on Cusp of $1 Trillion Value After 7-Day Streak

Amazon.com Inc. is flirting with a $1 trillion valuation again after posting its longest winning streak since briefly surpassing that level in September.

July 11, 2019