Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.” 

Hundreds of Amazon contract-delivery drivers at a New York City warehouse are organizing with the Teamsters, demanding that the company bargain with them over wages and working conditions.

Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.

More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.

Rivian Automotive Inc. has paused production of the electric commercial van it makes for Amazon.com Inc. due to a parts shortage in the latest supply chain snafu for the EV maker.

Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.

Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.