Amazon Reconsidering NYC Headquarters After Opposition
Amazon.com Inc. is reconsidering its plan to build a corporate campus in New York after facing a wave of opposition, according to a news report that cited unnamed people familiar with the matter.
Amazon Cuts Deal to Unfreeze Suspended Product Listings in India
Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.
N.Y. Mayor Says Amazon Will Prevail as City Needs Tech
New York Mayor Bill de Blasio said he thinks Amazon.com will prevail in building its huge new campus in the city — despite an opponent being recommended to serve on a board with veto power over the transaction.
Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos
Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year.
Amazon Sales, Profit Top Estimates as Retail, Advertising Soar
Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc.
Amazon Likely to Post Slowest Revenue Growth Since 2015
Amazon.com reports fourth-quarter results after the market closes Jan. 31, with analysts braced for a relatively weak read on revenue growth, and focusing instead on the benefits cloud-computing and advertising have had on its margins.
FedEx Introduces Way for Retailers to Outrace Amazon in Delivery
FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.
Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws
Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.
Amazon to Test Delivery Robots on Seattle-Area Sidewalks
Amazon.com will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last mile of delivery that is a labor-intensive and costly component of buying products online.
Amazon Arrival Helps Chicago Rockford International Airport Break Cargo Record
ROCKFORD, Ill. — More than 2.1 billion pounds of cargo made its way through Chicago Rockford International Airport in 2018 — shattering the previous record, set in 2017, by 55%.
January 22, 2019