Amazon

Business

Amazon Staten Island Warehouse Workers Lead Push to Unionize

Amazon Staten Island Warehouse Workers Lead Push to Unionize People holding signs during the campaign in Bessemer. (Elijah Nouvelage/Bloomberg)

More than 2,000 workers at four Amazon.com Inc. facilities in Staten Island have signed a petition asking federal labor officials to greenlight an election to form a new union, according to organizers, the latest spasm of labor strife between the e-commerce giant and its employees.

Spencer Soper | Bloomberg News
October 21, 2021
Government, Technology, Safety, Autonomous, TCA

Not Everyone in Seattle Is Excited About Autonomous Vehicles Coming

A Zoox Inc. self-driving car sits parked outside the company's headquarters in Foster City, Calif. A Zoox Inc. self-driving car sits parked outside the company's headquarters in Foster City, Calif. (Michael Short/Bloomberg News)

An announcement Oct. 18 from Amazon’s self-driving car unit Zoox that it will soon start testing its autonomous vehicles in downtown Seattle drew criticism from transportation safety advocates.

Katherine Anne Long | Seattle Times
October 20, 2021
Business, Logistics, Top 100, TCA

Amazon to Hire 150,000 Workers for Seasonal Jobs

Amazon Workers retrieve boxes at an Amazon fulfillment center on June 21 in Raleigh, N.C. (Rachel Jessen/Bloomberg News)

Amazon .com is ramping up its operations for the holiday shopping season, announcing Oct. 18 that it’s adding 150,000 seasonal jobs across the U.S.

Alexandria Burris | The Indy Star
October 18, 2021
Government, Business, Technology, TCA

Senators to Introduce Antitrust Legislation Aiding Amazon Sellers

An Amazon worker watches as boxed merchandise moves along a conveyor be A worker watches as boxed merchandise moves along a conveyor belt to a waiting truck for delivery at the Amazon Phoenix Fulfillment Center in Goodyear, Ariz. (Joshua Lott/Bloomberg News)

A bipartisan group of U.S. senators announced Oct. 14 they were introducing additional legislation targeting platforms like Amazon’s marketplace amid news reports that say Amazon swipes product information from sellers to bolster its own brands, then favors those Amazon-branded products in search results.

Katherine Anne Long | Seattle Times
October 15, 2021
Business, Equipment, Logistics

Amazon Seeks Used Long-Range Cargo Jets

Cargo is loaded into an airplane at the Amazon Air Hub in Cincinnati Cargo is loaded into an airplane at the Amazon Air Hub at the Cincinnati/Northern Kentucky International Airport. (Jeff Dean for Bloomberg News)

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.

October 13, 2021
Business, Technology, Fuel

Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing

Rivian's R1T pickup truck Rivian's R1T pickup truck. Electric vehicle makers are scaling up, angling for a bigger slice of the growing market. (Bloomberg News)

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.

Crystal Tse and Ed Ludlow | Bloomberg News
October 1, 2021
Business

Amazon Will Spend $1.2 Billion on Employee Tuition, Courses

Amazon Will Spend $1.2 Billion on Employee Tuition, Courses A truck passes an Amazon.com Inc. warehouse in the Staten Island borough of New York. (Michael Nagle/Bloomberg)

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.

Matt Day and Spencer Soper | Bloomberg News
September 9, 2021
Business, Technology, Logistics

Amazon to Open Two Whole Foods Stores Without Cashiers

Amazon Shoppers outside a Whole Foods. (Wilfredo Lee/Associated Press)

NEW YORK — Something will be missing at two Whole Foods stores opening next year: cashiers.

Joseph Pisani | Associated Press
September 8, 2021
Business, Logistics

Amazon Became Hedge Fund Favorite Just Before Shares Tumbled

Amazon Jason Alden/Bloomberg News

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.

Joanna Ossinger | Bloomberg News
August 20, 2021
Business, Logistics

Just as Things Look Better for Retail, Amazon Rears Its Head

Amazon Amazon Basics products sit on display for sale inside an Amazon store in Berkeley, Calif. (Cayce Clifford/Bloomberg News)

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.

Jonathan Roeder | Bloomberg News
August 19, 2021

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