Amazon stock tanked after the company warned it expects sales growth to slow as the pandemic wanes, even as it got slapped with a record fine from the European Union.
Tag: Amazon
Amazon hit with record EU data privacy fine
© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo (Reuters) -Amazon.com Inc has been hit
FDA flags Amazon over sale of harmful sex enhancement goods
The Food and Drug Administration notified Amazon over the sale of sexual enhancement and weight-loss products that had potentially harmful drug ingredients, in a letter addressed to the company’s new
Covid Variant Adds to Worker Anxieties
For much of the pandemic, Amazon has offered free on-site Covid testing for employees. It incorporated a variety of design features into warehouses to promote social distancing. But a worker
Bitcoin Surge, China Tech Onslaught, Tesla Earnings – What’s Moving Markets
By Geoffrey Smith Investing.com — prices surge on speculation that Amazon (NASDAQ:) is getting involved in crypto. China redoubles its onslaught against the country’s tech sector, with fresh pressure on
Who gets to be called an astronaut? It’s complicated
Amazon founder Jeff Bezos may have started his own private spaceflight company, funded the development of new rockets and capsules, and flown to the edge of space, but even that
Amazon’s mission: Getting a ‘key’ to your apartment building
Amazon is tired of ringing doorbells. The online shopping giant is pushing landlords around the country — sometimes with financial incentives — to give its drivers the ability to unlock
‘I lost the ability to speak’: Van Jones describes moment Bezos donated $100M
Jeff Bezos, the Amazon founder and world’s wealthiest man, has donated $100 million each to CNN contributor Van Jones and chef José Andrés, founder of World Central Kitchen. #CNN #News
Jeff Bezos reveals what the crew talked about before liftoff
CNN’s Anderson Cooper talks with Amazon founder Jeff Bezos and his brother Mark about their trip into space aboard a Blue Origin spacecraft, and what the crew was discussing in
Is Jeff Bezos’ Space Rocket Phallic Shaped? | Daily Pop | E! News
Amazon founder Jeff Bezos’ historic billionaires space race takes off! Watch Jeff head to space in what looks like a penis-shaped rocket. Full Story: https://www.eonline.com/news/1290685/jeff-bezos-launches-into-space-9-days-after-richard-branson Watch “Daily Pop” Weekdays at
Tulsi Gabbard tweets that Bezos should ‘stay up there’ in space
Amazon and Blue Origin founder Jeff Bezos safely returned to Earth after a brief launch into space, much to the chagrin of former congresswoman Tulsi Gabbard. Prior to Bezos’ liftoff
Amazon to offer Universal movies on Prime Video after they play on Peacock
Amazon Prime Video will offer new live-action movies from Universal Pictures four months after their streaming debut on Peacock, the companies announced Thursday. The multiyear deal applies to live-action films
Amazon grants new CEO over $200M in stock
Amazon plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock, which will pay out over 10 years, the company said in a regulatory filing on Friday.
Amazon’s carbon emissions surged last year while global pollution dropped
Amazon said its carbon emissions surged 19 percent last year even as global pollution declined and the company publicly pledged to go green. The Seattle-based e-tailing giant — whose business
Amazon reportedly discussed forming ‘Rebel Alliance’ to take on Microsoft
Amazon is reportedly trying to form a “Rebel Alliance” with other tech companies in an effort to take on Microsoft’s suite of work productivity apps. Amazon has held discussions with
Jeff Bezos says Wally Funk will be fourth passenger on Blue Origin spaceflight
Amazon CEO Jeff Bezos on Thursday announced that the fourth passenger on his space tourism company Blue Origin’s first crewed flight will be Wally Funk, a participant of the Mercury
Amazon says the new F.T.C. chair, Lina Khan, should recuse herself from investigations.
Amazon on Wednesday demanded that the new chair of the Federal Trade Commission, an avowed critic of the company, recuse herself from any antitrust investigation into the e-commerce giant. The
Billionaire Jeff Bezos goes after girlfriend’s brother for $250K in legal fees
Amazon CEO Jeff Bezos has accused his gal pal’s brother, Michael Sanchez, of hiding his ownership of a $2.5 million West Hollywood bungalow in an effort to avoid reimbursing legal
Amazon and Google face UK investigation over fake reviews
A UK regulator is probing whether Amazon and Google are doing enough to crack down on fake reviews — and said it will take the tech giants to court if
Teamsters pass resolution to unionize Amazon drivers, warehouse workers
It’s game on between Amazon and the Teamsters. The powerful International of Brotherhood Teamsters union passed a resolution on Thursday to organize Amazon warehouse workers and drivers across the country in
U.S. lobby group views India’s e-commerce plan as worrying, email shows
© Reuters. FILE PHOTO: A delivery worker carries an Amazon package to deliver it to a customer at a residential apartment in Ahmedabad, India, March 17, 2021.REUTERS/Amit Dave/File Photo By
Amazon scooping up solar and wind energy projects around the world
Amazon is buying up energy production capacity from solar and wind plants around the world in a bid to power all its business activities through renewable energy by 2025. The
Amazon is now facing a labor threat from the Teamsters union
Amazon is facing another union battle — and this time it could go nationwide. The Seattle-based e-tailing giant — which in April fended off a closely watched attempt to unionize
Amazon warehouse destroys 130,000 unsold items per week: report
An Amazon warehouse in Scotland reportedly destroys millions of unsold products every year, according to undercover footage and anonymous employees at the facility. British news outlet ITV obtained footage from inside
This is what it’s like to work in an Amazon warehouse
Tyler Hamilton has worked at the Amazon warehouse in Shakopee, Minnesota for four years. He shares the good and the bad about the fast-paced job. #CNN #News #Business
The 77 best Prime Day deals that are still in stock — new items added
The first part of Amazon Prime Day 2021 is long gone but the powerhouse retailer is still slashing prices that you can take advantage of during Day 2. After Amazon
The 43 best Amazon Prime Day deals under $100
Amazon Prime Day 2021 is finally here, and we couldn’t be more excited about all the deals and discounts happening Monday and Tuesday, June 21 and 22. In light of
The best Amazon Prime Day deals 2021 you can shop right now
Amazon Prime Day 2021 (June 21 and 22) is finally here and the powerhouse retailer is slashing prices! After Amazon pushed back their huge two-day shopping event to October last
Amazon tests warehouse robots it claims will reduce worker injuries
Amazon is testing robots that it claims will cut down on worker injuries at its warehouses — a nagging problem that was recently highlighted by CEO Jeff Bezos. The robots
Shop 9 best early Prime Day deals on Amazon Echo, Alexa and Kindle
Hey, Alexa — what are the best Amazon device deals debuting today? While asking Alexa how to best replace her to get the newer model may be a bit mean,