Latest News Updates From Matt Day

Business, Logistics

Amazon Tests 鈥楾op Brand鈥 Label for Some Big-Name Fashion Sellers

Amazon.com Inc. is designating products sold by certain companies as 鈥渢op brands,鈥 a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.

August 16, 2019
Business, Logistics

Amazon Loses 鈥楲ast Bear鈥 Among Stock Analysts

Amazon.com鈥檚 last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a 鈥渟ell鈥 rating on the company鈥檚 shares. In a note to clients July 30, he upgraded the retail and technology giant to 鈥渉old.鈥

August 2, 2019
Government, Business, Technology, Logistics

Amazon鈥檚 Profit Surges on Cloud Computing, Advertising Gains

Amazon.com reported quarterly profit that exceeded analysts鈥 estimates, demonstrating the company鈥檚 focus on cloud computing, advertising and other high-margin businesses continues to pay off.

April 25, 2019
Business, Logistics, TCA

Amazon Offers Free Holiday Shipping to Compete With Target

Amazon says it will offer customers free shipping on orders delivered through Christmas regardless of whether they are members of the Prime membership program, a move that comes two weeks after rival Target undercut the company with its own free-shipping offer.

November 5, 2018
TCA

Paccar, Nvidia Build Concept Self-Driving Truck

Paccar and chipmaker Nvidia have built a concept self-driving truck capable of piloting itself through most driving conditions, the companies said March 16.

March 17, 2017