Amazon.com Inc
EU agrees on landmark law aimed at forcing Big Tech firms to tackle illegal content
European Executive Vice-President Margrethe Vestager. Anadolu Agency | Anadolu Agency | Getty Images The European Union agreed on new digital regulations Saturday that will force tech giants like Google and Meta to police illegal content on their platforms more aggressively, or else risk potential multibillion-dollar fines. The European Parliament and EU member states reached a […]
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Cramer’s week ahead: Tech giants report earnings, be ready to act on market bounces
CNBC’s Jim Cramer urged investors to take advantage of down days like Friday to prepare portfolios for the Federal Reserve’s upcoming interest rate hikes — but only if they have the means to do so. “After today’s disaster, we’re actually probably good for another beat-down or two before we settle into what I think will […]
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American Eagle is pitching a ‘frenemey network’ of vertical logistics to its retail peers — and it’s paying off
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in the business of selling everything from shoes to pet food to toilet paper. But to master a business function that became critical […]
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It’s time to buy these e-commerce stocks after the sell-off, Morgan Stanley says
The e-commerce industry has strong growth prospects, according to Morgan Stanley. Source
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These companies set to report next week typically beat earnings estimates and trade higher
Not all companies will beat earnings, but some names have a better track record of topping expectations and trading higher as a result. Source
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Amazon launches $1 billion fund to invest in warehouse technologies
Robots transport goods to the employees in the warehouse of a logistics centre of the mail order company Amazon. Rolf Vennenbernd | dpa | Picture Alliance | Getty Images Amazon is launching a $1 billion fund that will back companies “of all stages” building supply chain, fulfillment and logistics technologies, the company announced Thursday. The […]
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Apple spent more than it ever has on lobbying as antitrust threats loom
Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple spent a record $2.5 million lobbying Congress in the first quarter of 2022, more than a 34% increase from the previous quarter, according to its disclosure made […]
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Amazon opens up Prime delivery service to other retailers in its latest move to compete with FedEx and UPS
Leon Neal | Getty Images News | Getty Images Amazon will let other online merchants piggyback on its Prime service to deliver goods quickly to their customers. The company on Thursday launched a new service, Buy with Prime, that lets third-party merchants use Amazon’s vast shipping and logistics network to fulfill orders on their own […]
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Apple union organizers in Georgia say they were inspired by Amazon warehouse workers
Employees leading a unionization drive at an Apple retail store in Georgia were inspired by Amazon employees who tried to unionize a warehouse in Bessemer, Alabama, during the Covid pandemic. The remarks, which members of the Apple union organizing committee made in an interview with CNBC, show that the high-profile union drive at an Amazon […]
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Atlanta Apple store is the first to file for union election
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters An Apple retail store in the Cumberland Mall in Atlanta, Georgia, has filed for a union election, the Communication Workers […]
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