Amazon Seeks Used Long-Range Cargo Jets
Amazon .com Inc. is shopping for used long-range Boeing Co. and Airbus SE cargo planes, according to people familiar with the matter, the latest evidence of the e-commerce giant’s ambitions to move products across borders itself.
Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing
Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork.
Amazon Will Spend $1.2 Billion on Employee Tuition, Courses
Amazon.com Inc. said it will pay college tuition for select frontline employees, becoming the latest big U.S. employer to offer educational perks to attract and retain workers in a tight labor market.
Amazon to Open Two Whole Foods Stores Without Cashiers
NEW YORK — Something will be missing at two Whole Foods stores opening next year: cashiers.
Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.
Just as Things Look Better for Retail, Amazon Rears Its Head
News of Amazon .com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.
Amazon Lottery Offers Vaccinated Workers Cars, $500,000 Cash
Amazon.com Inc. will offer cash prizes of as much as $500,000 as well as cars and vacation packages to frontline employees who can prove they have been vaccinated against COVID-19.
Amazon Tells Warehouse Workers to Mask Up Again
Amazon .com Inc. is ordering frontline U.S. employees to resume wearing masks at work regardless of vaccination status, joining the ranks of companies ramping up precautions in response to the spread of the COVID-19 delta variant.
Amazon’s Dilemma: Mandating Vaccinations Would Risk Losing Workers
The quandary facing America’s second-largest private employer is this: how to keep its facilities COVID-free without sparking a mutiny among workers who are desperately needed to keep operations running amid a tight labor market and strong online demand.
Amazon Union Election Should Be Re-Run, US Labor Official Says
A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter.
August 3, 2021