Tags: Amazon
Saks Fifth Avenue's Parent Company HBC to Acquire Neiman Marcus for $2.65 Billion
HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.
Amazon to Discontinue Its Astro for Business Security Robot
Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.
Walmart Announces Deals Sale to Compete with Amazon’s Prime Day
Walmart is set to hold its Deals sale from July 8 to 11, a week before Amazon’s Prime Day, and is expected to outmaneuver the Amazon event profit-wise as it is open for everyone.
Jeff Bezos to Sell $5 Billion Worth of Amazon Shares During Record Stock Surge
After selling shares worth $8.5 billion this February, Amazon founder Jeff Bezos plans to sell an additional 25 million more shares worth approximately $5 billion, coinciding with Amazon's stock reaching a new record high.
Latest News
Amazon revealed that it would be partnering with American hip-hop star Megan Thee Stallion to promote its 10th annual Prime Day event on July 16-17.
Amazon announced that its 10th annual Prime Day sales event would be held this year on July 16-17, beginning at 00:01 Pacific Time (05:01 UTC).
Amazon is set to replace 95% of plastic air cushions in North American shipping packages with 100% recyclable paper fillers.
The California Labor Commissioner’s Office fined Amazon $5.9 million for violating a state law that prevented warehouse workers from being pushed to work so quickly that their personal health and safety were put at risk.
The Amazon Labor Union has elected to join the International Brotherhood of Teamsters. A person prepares to enter the Amazon's JFK8 Staten Island fulfillment center in Staten Island on March 25, 2022 in New York City.
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
Thousands of Amazon delivery drivers are suing the company, claiming that being classified as independent contractors instead of employees has resulted in unpaid wages and financial hardships.
Biotech giant Roche is accusing Indian manufacturers of counterfeiting its Accu-Chek devices. The company claims fake ones are being sold on Amazon.
Amazon faces a £1 billion ($1.3 billion) lawsuit from British retailers, led by the British Independent Retailers Association (BIRA), accusing the company of misusing their data to boost its own market share and profits by undercutting them with cheaper rival products.
The Amazon Labor Union has affiliated with the International Brotherhood of Teamsters, receiving support from one of the most powerful labor unions.
















