Amazon News Updates

Business, Fuel

Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t

Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

July 13, 2022
Business, Technology, Logistics, Private

Amazon Prime Day Comes Amid Slowdown in Online Sales Growth

Amazon is heading into its annual Prime Day sales event today much differently from how it entered the pandemic.

July 12, 2022
Business, Logistics

Amazon, N.Y. Port Authority Fail to Reach Newark Airport Deal

Amazon .com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.

July 7, 2022
Business, Technology, Logistics, Private

Amazon Will Take Stake in Grubhub, Offer Prime Users Membership

Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business.

July 6, 2022
Business, Technology, Logistics, Private

Amazon Names New Head for Troubled Retail Business

Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.

June 21, 2022
Business, Logistics

Google Takes Another Run at E-Commerce, and Amazon

In the past, Google has tried emulating Amazon.com Inc.’s online retail and delivery services, with little luck. Now the search giant is positioning itself as a kind of anti-Amazon, a free marketplace for merchants and Amazon rivals that’s designed to get consumers more comfortable shopping with Google.

May 25, 2022
Business, Logistics, Private

Amazon to Sublease Warehouses as Online Shopping Slows

Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped the e-commerce giant rake in soaring profits in the past two years, has eased.

May 24, 2022
Business, Equipment, Fuel

Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans

Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon .com Inc.

May 16, 2022
Government, Business, Safety, Logistics, Private

New York Appeals Court Dismisses Suit Against Amazon

NEW YORK — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon over its coronavirus safety protocols and a former employee who led the successful union organizing effort on Staten Island.

May 10, 2022
Government, Business

Amazon Workers in NYC Reject Union in a Reversal of Fortune

Amazon warehouse workers on Staten Island in New York City overwhelmingly rejected a union bid on May 2, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.

May 2, 2022