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, 2019Amazon News Updates
Amazon Back on Cusp of $1 Trillion Value After 7-Day Streak
Two Years After Amazon Deal, Whole Foods Is Just $10 Cheaper
Amazon.comās $13.7 billion purchase of Whole Foods Market spawned endless speculation about how the internet giant would change the upscale grocer. Two years later, weāve got an answer: Ten bucks.
July 10, 2019Amazon Workers Plan Prime Day Strike at a Minnesota Warehouse
Amazon.com Inc. warehouse workers in Minnesota plan to strike during the online retailerās summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year.
July 8, 2019In Court Filing, Prime Inc. Says Amazonās Use of āPrimeā Causes Confusion
Prime Inc. says Amazonās display of āPrimeā on its shipping vehicles creates a likelihood of confusion with Prime Inc.'sĀ trucking business, a July 2 complaint in the Western District of Missouri says.
July 3, 2019Amazon Adds Planes to Shipping Fleet to Speed Up Prime Deliveries
Amazon.com is adding 15 aircraft to its shipping fleet in an effort to speed up delivery to customersā doors.
June 19, 2019Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency
Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.
June 17, 2019Amazonās Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector
Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.
June 17, 2019Researcher Lowers Estimate for Amazonās Share of E-Commerce Market
EMarketer Inc., among the most widely cited sources for estimates of U.S. online retail sales, now says it expects Amazon to account for 37.7% of online commerce this year, down from a prior estimate of 47%.
June 13, 2019Amazon Pitches a Fantastic Tech Future ā and Itself
Last week, Amazon.com held its first conference devoted to the technological frontiers of artificial intelligence, machine learning, robotics and space exploration. The message: The future is good, and so is Amazonās role in it.
June 10, 2019FedEx Wonāt Renew Amazonās US Air-Delivery Contracts
FedEx Corp. said June 7 it wouldnāt renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.
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