Amazon

Business, Technology, Logistics, Top 100

Amazon Brand Owner Heyday Raises $555 Million in Funding Round

Amazon Brand Owner Heyday Raises $555 Million in Funding Round Amazon.com Inc. packages sit stacked on the sidewalk in New York. (Jeenah Moon/Bloomberg News)

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

Crystal Tse | Bloomberg News
November 16, 2021
Business, Technology, Logistics

Amazon Stake in Rivian Disclosed as 20%

A Rivian R1T pickup truck A Rivian R1T pickup truck. (Hannah Elliott/Bloomberg News)

Amazon .com Inc. owns a 20% stake in electric vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Oct. 29 in a securities filing.

Ed Ludlow and Matt Day | Bloomberg News
October 29, 2021
Business, Logistics

Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over

Amazon Andrew Harrer/Bloomberg News

Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.

Matt Day | Bloomberg News
October 28, 2021
Government, Business, Technology, Logistics

Amazon Tries to Calm Fears Over Supply Chain Woes

Cargo is loaded into an airplane at the Amazon Air Hub in Cincinnati. Cargo is loaded into an airplane at the Amazon Air Hub near Cincinnati. (Jeff Dean for Bloomberg News)

Amazon .com Inc. is talking up the size of its delivery operation to ease public alarm that a supply chain crisis could strangle holiday shopping.

Matt Day | Bloomberg News
October 25, 2021
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

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