Amazon Plans to Object to Union Win in New York
Amazon plans to file objections to the union election on Staten Island, N.Y., that resulted in the first successful U.S. organizing effort in the company’s history.
Amazon Workers in NYC Vote to Unionize, a First for Company
NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.
Tesla, Amazon Stock Splits Trigger Retail Stampede
Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.
March 29, 2022Amazon Stock Rally Erases Losses for the Year
Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.
Amazon, Walmart Online Orders Likely Delayed by China Lockdowns
Orders placed with global e-commerce platforms like Amazon and Walmart may be delayed by virus lockdowns and restrictions in some of China’s key manufacturing hubs, according to an industry body.
March 15, 2022Amazon 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.
Amazon Closing All Bookstores, Shops to Focus on Grocery Sector
Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star” locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.
San Francisco Lawmaker Pushes to Delay Amazon’s Expansion
A San Francisco supervisor has introduced legislation that would seek to place an 18-month moratorium on all new parcel delivery services in the city, including Amazon’s proposed 725,000-square foot, last-mile logistics center in Showplace Square.
Amazon in Pact for Potential Stake in Sensor Maker Velodyne
Velodyne Lidar Inc. shares more than doubled in late trading Feb. 7 after Amazon.com Inc. acquired warrants that could lead to a stake in the auto-sensor maker.
Amazon’s $191 Billion Jump Sets Record for Market Value Gain
Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.