Spencer Soper

Business

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla CEO Elon Musk Tesla CEO Elon Musk by Andrew Harrer/Bloomberg News

Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.

Spencer Soper | Bloomberg News
June 5, 2020
Business, Logistics

Amazon Prime Air Could Surge to 200 Jets From 42, Study Says

A Prime Air cargo plane operated by Amazon sits on display in France in June 2019. A Prime Air cargo plane operated by Amazon sits on display in France in June 2019. (Jason Alden/Bloomberg News)

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

Spencer Soper | Bloomberg News
May 26, 2020
Business, Safety, Logistics

Amazon Says Deliveries Returning to Normal After COVID-19 Crush

Amazon says deliveries are returning to normal after April's COVID crush. Sealed boxes move along a conveyor belt into a truck dock at an Amazon fulfillment center in Germany in July 2019. (Krisztian Bocsi/Bloomberg News)

Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.

Spencer Soper | Bloomberg News
May 13, 2020
Business

Amazon Merchants Spooked by Coronavirus Fallout Curtail Ad Spending

Amazon packages Melissa Lyttle/Bloomberg

Amazon merchants are shifting sales tactics in the face of shortages caused by effects of the coronavirus.

Spencer Soper | Bloomberg News
February 26, 2020
Business, Logistics

Dave Clark: The Man Who Built Amazon’s Delivery Machine

Amazon Employees fill online orders at the Amazon.com Inc. fulfillment center in Robbinsville, N.J. (Victor J. Blue/Bloomberg News)

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

Spencer Soper | Bloomberg News
December 17, 2019
Business, Logistics, Top 100

Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday

FedEx truck and Amazon boxes Christopher Lee/Bloomberg

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

Spencer Soper | Bloomberg News
December 16, 2019
Business

Cyber Monday Spending Climbs 20% to Record $9.4 Billion

Cyber Monday Getty Images

U.S. shoppers spent $9.4 billion online on Cyber Monday — up almost 20% from a year ago and a record — boosting an already robust holiday shopping season.

Spencer Soper | Bloomberg News
December 4, 2019
Business, Logistics

Amazon Accused of Forcing Up Prices in Antitrust Complaint

Amazon Employees process merchandise at the Amazon.com fulfillment center in Phoenix, Ariz. (David Paul Morris/Bloomberg News)

In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.

Spencer Soper | Bloomberg News
November 8, 2019

Amazon Expands Two-Hour Whole Foods Delivery

Whole Foods store Rogelio V. Soiis/Bloomberg News

Ever since Amazon.com bought Whole Foods in 2017 for $13.7 billion, shoppers and investors have wondered how the e-commerce giant would integrate the upscale grocer into its sprawling online operation. Now, after two years of tinkering, Amazon is betting big on quick delivery from Whole Foods.

Spencer Soper | Bloomberg News
September 20, 2019
Government, Business

EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers

Amazon

EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.

Spencer Soper | Bloomberg News
August 1, 2019

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