Amazon

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.

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
Business, Technology, Safety

Amazon Lottery Offers Vaccinated Workers Cars, $500,000 Cash

Amazon Rachel Jessen/Bloomberg News

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.

Matt Day | Bloomberg News
August 9, 2021
Business, Safety, Logistics

Amazon Tells Warehouse Workers to Mask Up Again

A worker fulfills orders at an Amazon fulfillment center A worker fulfills orders at an Amazon fulfillment center in Raleigh, N.C. (Rachel Jessen/Bloomberg News)

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.

Matt Day | Bloomberg News
August 6, 2021
Government, Business, Safety

Amazon’s Dilemma: Mandating Vaccinations Would Risk Losing Workers

An Amazon employee receives a vaccination at a fulfillment center in Las Vegas in March. An Amazon employee receives a vaccination at a fulfillment center in Las Vegas in March. (Ethan Miller/Getty Images)

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.

August 4, 2021
Business, Safety

Amazon Union Election Should Be Re-Run, US Labor Official Says

Amazon Packages at an Amazon facility. (Chris Ratcliffe/Bloomberg News)

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
Business, Technology, Logistics

Amazon’s Whole Foods Adds Delivery Fee in Some Cities

An independent contractor loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, Calif. An independent contractor loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, Calif. (David Paul Morris/Bloomberg News)

Amazon .com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.

Matt Day | Bloomberg News
August 2, 2021
Business, Logistics

Amazon Delivers a Mixed Bag of Q2 Results

Amazon logo Michel Spingler/Associated Press

NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.

Anne D’Innocenzio | Associated Press
July 29, 2021

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