Matt Day

Business, Safety, Logistics

Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers

An employee packs boxes at an Amazon fulfillment center. An employee packs boxes at an Amazon fulfillment center. (Jason Alden/Bloomberg News)

Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers.

Matt Day | Bloomberg News
June 29, 2020
Business, Technology, Safety, Logistics

Amazon Deploys Social Distancing Software at US Warehouses

Employees work inside an Amazon fulfillment center in Baltimore in April 2019. Employees work inside an Amazon fulfillment center in Baltimore in April 2019. (Melissa Lyttle/Bloomberg News)

Amazon.com Inc. is deploying software in its warehouses to automatically warn employees when they are too close to colleagues, the latest effort by the retailer to adjust its facilities to life with the coronavirus.

Matt Day | Bloomberg News
June 16, 2020
Government, Business, Safety

Amazon Diverts Masks to Hospitals, Pledges Warehouse Safety

An employee collects a package from a conveyor at the Amazon fulfillment center in Robbinsville, N.J., in 2018. An employee collects a package from a conveyor at the Amazon fulfillment center in Robbinsville, N.J., in 2018. (Bess Adler/Bloomberg News)

Amazon .com Inc. said it will divert sales of masks and other medical supplies to hospitals and government entities.

Matt Day | Bloomberg News
April 2, 2020
Business, Logistics, Top 100

Amazon Is Its Own Biggest Mailman, Shipping 3.5 Billion Parcels

Amazon package Jason Alden/Bloomberg

As Amazon.com works to speed orders to customer doorsteps before Christmas, the e-commerce giant is touting an accomplishment that would have seemed absurd just a few years ago: Amazon is now its own biggest carrier.

Matt Day | Bloomberg News
December 19, 2019
Business, Technology, Autonomous

Amazon Plans to Open Cashierless Supermarkets Next Year

Amazon David Ryder/Bloomberg News

Amazon.com is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions that includes the possibility of licensing the technology to other retailers.

Matt Day | Bloomberg News
November 20, 2019
Business, Logistics

Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings

Amazon boxes Jim Young/Bloomberg News

Amazon.com shares fell following a report that the e-commerce giant adjusted its product search results to emphasize items that are more profitable to the company.

Matt Day | Bloomberg News
September 16, 2019
Business, Logistics

Amazon Spends $15 Billion to Help Merchants in Charm Offensive

Amazon box TT File Photo

Amazon.com, criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales.

Matt Day | Bloomberg News
August 22, 2019
Business, Logistics

Amazon Tests ‘Top Brand’ Label for Some Big-Name Fashion Sellers

Amazon box on conveyor belt A "top brand" label could help ease tensions between Amazon and big-name companies. Amazon accounts for about 40% of online sales in the U.S. (Bess Adler/Bloomberg News)

Amazon.com Inc. is designating products sold by certain companies as “top brands,” a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.

Matt Day | Bloomberg News
August 16, 2019
Business, Logistics

Amazon Loses ‘Last Bear’ Among Stock Analysts

Amazon Melissa Lyttle/Bloomberg News

Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”

Matt Day | Bloomberg News
August 2, 2019
Government, Business, Technology, Logistics

Amazon’s Profit Surges on Cloud Computing, Advertising Gains

Amazon flag The Amazon.com logo is displayed outside the company's fulfillment center in Kenosha, Wis. (Jim Young/Bloomberg News)

Amazon.com reported quarterly profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud computing, advertising and other high-margin businesses continues to pay off.

Matt Day | Bloomberg News
April 25, 2019

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