Business, Technology, Fuel

Amazon Adds 5% Fuel, Inflation Surcharge for Sellers

Amazon Adds 5% Fuel, Inflation Surcharge for Sellers Inc. signage is displayed in front of a warehouse in the Staten Island borough of New York. (Michael Nagle/Bloomberg) Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.

Spencer Soper | Bloomberg News
April 13, 2022
Business, Technology, Private

Amazon Kicks Off Jumbo 7-Part Bond Sale

Amazon Chris Ratcliffe/Bloomberg News Inc. is offering investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.

Josyana Joshua | Bloomberg News
April 11, 2022
Business, Logistics

Amazon Plans to Object to Union Win in New York

Amazon boxes Jason Alden/Bloomberg News

Amazon plans to file objections to the union election on Staten Island, N.Y., that resulted in the first successful U.S. organizing effort in the company’s history.

Haleluya Hadero | Associated Press
April 8, 2022
Business, Top 100

Amazon Workers in NYC Vote to Unionize, a First for Company

Amazon Labor Union members celebrate after an update during the voting results to unionize Amazon Labor Union members celebrate after an update during the voting results to unionize. (Eduardo Munoz Alvarez/Associated Press)

NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.

April 1, 2022
Business, Technology

Tesla, Amazon Stock Splits Trigger Retail Stampede

Amazon The Amazon Air Hub at the Cincinnati/Northern Kentucky International Airport (CVG) in Hebron, Ky. (Jeffrey Dean/Bloomberg News)

Recent proposals from Alphabet Inc., Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.

March 29, 2022
Business, Logistics, Top 100

Amazon Stock Rally Erases Losses for the Year

Chart showing Amazon has erased its 2022 losses

Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.

Ryan Vlastelica | Bloomberg News
March 28, 2022
Government, Business, Safety

Amazon, Walmart Online Orders Likely Delayed by China Lockdowns

Amazon Andrew Harrer/Bloomberg News

Orders placed with global e-commerce platforms like Amazon and Walmart may be delayed by virus lockdowns and restrictions in some of China’s key manufacturing hubs, according to an industry body.

March 15, 2022
Business, Safety, Logistics, Top 100

Amazon Stops Sending Products to Russia

Amazon logo An Amazon logo appears on a delivery van. (Steven Senne/Associated Press)

Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.

Matt Day | Bloomberg News
March 9, 2022
Business, Technology, Logistics

Amazon Closing All Bookstores, Shops to Focus on Grocery Sector

An Inc. 4-star store in Berkeley, Calif. An Inc. 4-star store in Berkeley, Calif. (Cayce Clifford/Bloomberg News)

Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star” locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.

Spencer Soper | Bloomberg News
March 2, 2022
Government, Business, Technology, Equipment, Logistics, TCA

San Francisco Lawmaker Pushes to Delay Amazon’s Expansion

Amazon One San Francisco lawmaker wants to put a pause on projects including a new Amazon distribution center. (Andrew Harrer/Bloomberg News)

A San Francisco supervisor has introduced legislation that would seek to place an 18-month moratorium on all new parcel delivery services in the city, including Amazon’s proposed 725,000-square foot, last-mile logistics center in Showplace Square.

J.K. Dineen | San Francisco Chronicle
February 16, 2022