Amazon.com Inc
Amazon labor battle continues as union vote kicks off at second Staten Island warehouse
Demonstrators during an Amazon Labor Union (ALU) rally in the Staten Island borough of New York, U.S., on Sunday, April 24, 2022. Victor J. Blue | Bloomberg | Getty Images Amazon workers are casting their ballots on Monday as part of another high-stakes union drive at a warehouse on New York’s Staten Island. Roughly 1,500 […]
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Earnings playbook: Your guide to the busiest week of the reporting season, featuring Apple & others
The busiest week of the earnings season is coming up, with roughly 160 S&P 500 companies slated to report, including tech giant such as Apple and Amazon. Source
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A members-only club for female executives is coming to San Francisco with the help of Google’s cash
Chief co-founders Carolyn Childers and Lindsay Kaplan Photos courtesy of Chief As companies see a record number of women leaving their jobs in “the Great Resignation,” Google parent Alphabet is putting money behind an initiative that could help them stay. Launched in 2019, Chief is a membership-based company for female executives that’s designed to provide […]
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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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