Amazon.com Inc
Amazon sues thousands of Facebook group administrators over fake reviews
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon on Tuesday filed a lawsuit against the administrators of more than 10,000 Facebook groups that allegedly acted as fake review brokers. The lawsuit filed […]
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5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock futures rise Equities markets pointed to a comeback Tuesday morning. Stocks had ended Monday in the red, weighed down by Apple, after Bloomberg reported the tech […]
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Amazon faces probe by federal prosecutors and OSHA into warehouse safety
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Federal prosecutors in New York and the Occupational Safety and Health Administration are inspecting a handful of Amazon warehouses as part of […]
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Apple Music subscribers are getting access to exclusive content from artists like Carrie Underwood
As Apple seeks to bolster its subscription service to compete with Spotify, the company is adding exclusive performances from artists, who will be able to use Apple’s studios to cover classics and recreate their own hits. On Friday, the company introduced Apple Music Sessions, featuring content from singers including Carrie Underwood and Tenille Townes. Both […]
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Here are Friday’s biggest analyst calls of the day: McDonald’s, Netflix, Amazon, Nvidia, Visa & more
Here are Friday’s biggest calls on Wall Street: Edward Jones upgrades Qualcomm to buy from hold Edward Jones said it sees an “attractive” buying opportunity in Qualcomm. “We are upgrading Qualcomm to a Buy from a Hold because we believe the stock does not fully reflect our growth outlook.” Read more about this call here. […]
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Amazon plans to start delivering packages by drone in Texas later this year
Amazon Prime Air drone Source: Amazon Amazon said Friday it will begin delivering packages to shoppers by drone in College Station, Texas, later this year. The eastern Texas town is the second location to see the launch of Prime Air drone deliveries. Last month, Amazon announced it would deliver some packages by drone later this […]
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Amazon reducing its private-label items as sales fall: WSJ
A fast-moving conveyor belt moves a package through a scanning machine on its way to a delivery truck during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, U.S., November 29, 2021. Mike Segar | Reuters Amazon has started reducing the number of items it sells under its own brands amid weak […]
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Amazon Prime Day shoppers buy up diapers, snacks as inflation shifts consumer habits
Instant Pots and Roombas are typically hot selling items during Amazon’s Prime Day event. But this year, consumers were more interested in dishwasher pods, diapers and snacks. Looking at some of the most popular items items during Amazon’s two day discount event, which wrapped late on Wednesday, provides a window into how record high inflation […]
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Amazon plans 4,000 more jobs in the UK this year, defying tech downturn
An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon announced Friday it would create more than 4,000 permanent jobs in the U.K. in 2022, defying a wave of job cuts in the tech industry. The roles will include job functions in software development, product management, and engineering, as well as operational duties […]
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Amazon says more than 300 million items sold during ‘biggest’ Prime Day event
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon shoppers bought more than 300 million items during this year’s Prime Day sale, up from roughly 250 million in 2021, making […]
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