The Amazon founder was accompanied by a hand-picked group: his brother, an 18-year-old from the Netherlands and an 82-year-old aviation pioneer from Texas — the youngest and oldest to ever fly in space.
Subsidizing spokes: Amazon to reimburse bicycling office employees
The benefit can reimburse the cost of using a bike-sharing program, parking and even maintenance to cover two tune-ups a year, the company said.Read More
Teamsters aim to step up efforts to unionize Amazon workers
The International Brotherhood of Teamsters, a union that represents 1.4 million workers, is set to vote Thursday on whether to make organizing Amazon workers its main priority.Read More
Pot users welcome: Amazon to stop testing jobseekers for cannabis
The company, the second-largest private employer in the United States behind Walmart, is making the change as states legalize cannabis or introduce laws banning employers from testing for it.Read More
Amazon’s profit more than triples as pandemic boom continues
Fueled by the growth of online shopping, Amazon posted revenue of more than $100 billion, the second quarter in a row that the company has passed that milestone.Read More
MGM’s library includes more than 4,000 movies, including “Silence of the Lambs” and “Thelma & Louise,” and 17,000 TV shows, such as reality TV staples “Shark Tank” and “The Real Housewives of Beverly Hills.” Amazon also will get cable channel Epix out of the deal.
Like its Big Tech counterparts Facebook, Google and Apple, Amazon faces multiple legal and political offensives from Congress, federal and state regulators and European watchdogs.
The hiring spree comes as the company gears up for Prime Day next month, its popular sales event that has become one of the busiest shopping days of the year for Amazon.
The e-commerce giant said Monday that it blocked more than 10 billion suspected phony listings last year before any of their offerings could be sold.
Amazon’s treatment of workers has been in the spotlight during the pandemic. While coronavirus was raging, warehouse workers had to pack orders as Amazon sales soared. The company has more than 950,000 workers in the United States.
For Amazon, which has more than 950,000 workers in the United States and has fought hard against organizing attempts, a union loss could chill similar efforts around the company.
Amazon has been criticized for years for paying virtually no federal taxes in the United States even as it built an e-commerce empire that currently has a market value of $1.6 trillion.
For Amazon, which employs more than 950,000 full- and part-time workers in the U.S. and nearly 1.3 million worldwide, a union could lead to higher wages that would eat into its profits. Higher wages would also mean higher costs to get packages to shoppers’ doorsteps
The tech giant announced it will immediately expand Amazon Care to interested employers in Washington state. By the summer, it will expand nationally to all Amazon workers and to private employers across the country who want to join.
The United Way of Central Indiana announced Wednesday that a donation of a previously undisclosed amount from philanthropist and author MacKenzie Scott is the largest gift from a single donor the organization has ever received.
Amazon denied its move to pull the plug on Parler had anything to do with political animus. It claimed that Parler had breached its business agreement “by hosting content advocating violence and failing to timely take that content down.”
Among the recipients are five organizations in Indiana, including two in Indianapolis.
The big question: How much value does the RadioShack brand have when the prized target audience of younger consumers might have never owned a radio, let alone stepped inside a RadioShack store?
The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled Tuesday.
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
Amazon faces a possible fine of up to 10% of its annual worldwide revenue. That could amount to as much as $28 billion, based on its 2019 earnings. The Seattle-based company rejected the accusations.