Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.
October 27, 2023Amazon News Updates
Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion
Amazon Tests Humanoid Robot in Warehouse Automation Push
Amazon.com Inc. says it鈥檚 testing two new technologies to increase automation in its warehouses, including a trial of a humanoid robot.
October 18, 2023Amazon to Test Prescription Delivery by Drone
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
October 18, 2023Amazon to Open Pair of Facilities in Virginia Beach
Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and 鈥渓ast mile鈥 delivery station in Virginia Beach.
September 29, 2023Amazon Violated Worker Rights Settlement, NLRB Says
Amazon.com Inc. was accused by U.S. officials of violating a labor board settlement, paving the way for the government to consider claims that the company tried to suppress union organizing.
September 29, 2023UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.
September 27, 2023FTC Sues Amazon in Landmark Antitrust Case Over Marketplace
The Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services.
September 26, 2023FTC Poised to Sue Amazon for Antitrust Violations
The Federal Trade Commission is expected to sue Amazon for antitrust violations next week, according to people familiar with the matter 鈥 the agency鈥檚 fourth swipe at the retail giant in 2023.
September 22, 2023Amazon Scraps Planned Merchant Fee
Amazon.com Inc. is scrapping a planned fee on merchants that don鈥檛 use its shipping services, according to documents reviewed by Bloomberg.
September 20, 2023Amazon to Hire 250,000 for Holidays, Boost Wages
Amazon.com Inc. will hire 250,000 employees this holiday shopping season and boost average pay for logistics personnel as it seeks to recruit and retain workers amid a labor shortage.
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