Business, Technology, Equipment, Safety, Logistics, Autonomous

Amazon to Invest $1 Billion in Logistics, Robotics Companies

Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.

Matt Day | Bloomberg News
April 21, 2022
Business, Safety, Logistics, Top 100

Amazon Stops Sending Products to Russia

Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.

Matt Day | Bloomberg News
March 9, 2022
Business, Logistics

Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over

Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.

Matt Day | Bloomberg News
October 28, 2021
Government, Business, Technology, Logistics

Amazon Tries to Calm Fears Over Supply Chain Woes

Amazon .com Inc. is talking up the size of its delivery operation to ease public alarm that a supply chain crisis could strangle holiday shopping.

Matt Day | Bloomberg News
October 25, 2021
Business, Technology, Safety

Amazon Lottery Offers Vaccinated Workers Cars, $500,000 Cash

Amazon.com Inc. will offer cash prizes of as much as $500,000 as well as cars and vacation packages to frontline employees who can prove they have been vaccinated against COVID-19.

Matt Day | Bloomberg News
August 9, 2021
Business, Safety, Logistics

Amazon Tells Warehouse Workers to Mask Up Again

Amazon .com Inc. is ordering frontline U.S. employees to resume wearing masks at work regardless of vaccination status, joining the ranks of companies ramping up precautions in response to the spread of the COVID-19 delta variant.

Matt Day | Bloomberg News
August 6, 2021
Business, Technology, Autonomous

Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid

Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.

Matt Day | Bloomberg News
August 5, 2021
Business, Technology, Logistics

Amazon’s Whole Foods Adds Delivery Fee in Some Cities

Amazon .com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.

Matt Day | Bloomberg News
August 2, 2021
Business, Technology, Logistics

Bezos: Amazon’s Andy Jassy Will Become CEO on July 5

Amazon .com Inc.’s new CEO will take the reins on July 5, the 27th anniversary of the company’s incorporation, outgoing CEO Jeff Bezos said during the annual shareholder meeting on May 26.

Matt Day | Bloomberg News
May 26, 2021
Business, Technology

Amazon Q1 Sales Beat Estimates

Amazon .com Inc. reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to prepandemic shopping habits in the U.S.

Matt Day | Bloomberg News
April 29, 2021