Business, Technology, Logistics, Global Freight

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

Haleluya Hadero | Associated Press
February 2, 2024
Business, Private

Amazon Profits, Revenue Surge in Q2

NEW YORK — Amazon on Aug. 3 posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.

Haleluya Hadero | Associated Press
August 3, 2023
Business, Technology, Logistics, Private

Amazon Fresh Offers Grocery Delivery to Non-Prime Members

Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.

Haleluya Hadero | Associated Press
August 2, 2023
Government, Business, Private

FTC Says Amazon Enrolls Consumers Into Prime Without Consent

NEW YORK — The Federal Trade Commission sued Amazon on June 21 for what it called a yearslong effort to enroll consumers without consent into its Prime program.

Haleluya Hadero | Associated Press
June 21, 2023
Business, Private

Walmart Beats Q4 Expectations, Remains Cautious on Guidance

NEW YORK — Walmart on Feb. 21 reported strong sales during the holiday season as budget-conscious consumers looking for better deals on groceries and other items flocked to its stores.

Haleluya Hadero | Associated Press
February 21, 2023
Business, Logistics, Private

Amazon Revenue Beats Q4 Estimates, Profits Slump

NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.

Haleluya Hadero | Associated Press
February 2, 2023
Government, Business, Logistics

Judge Orders Amazon to Stop Retaliations Against Organizers

A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.

Haleluya Hadero | Associated Press
November 21, 2022
Business, Technology, Logistics

Amazon to Hold Holiday Shopping Event in October

Amazon said Sept. 26 that in October it will hold a second Prime Day-like shopping event, making it the latest major retailer to offer holiday deals earlier this year to entice cautious consumers struggling with tighter budgets.

Haleluya Hadero | Associated Press
September 26, 2022
Government, Business, Technology, Logistics

California Sues Amazon, Alleging Antitrust Law Violations

NEW YORK — California is suing Amazon, accusing the company of violating the state’s antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.

Haleluya Hadero | Associated Press
September 14, 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.

Haleluya Hadero | Associated Press
July 12, 2022