Amazon
Amazon Cuts Ties With Couriers, Costing Jobs
A USPS employee moves an Amazon.com Inc. package at a processing and distribution center in Washington in December 2017. (Andrew Harrer/Bloomberg News)
Amazon .com Inc. is severing ties with small delivery firms around the country — putting at least 1,300 drivers out of work — in an effort to eliminate partners that aren’t meeting its standards.
February 18, 2020Amazon Pays $50 Million for Former Old Chicago Amusement Park, Mall
(Bridget Bennett/Bloomberg News)
Online retail giant Amazon .com Inc. has paid more than $50 million for the former site of Old Chicago, an indoor amusement park and mall in Bolingbrook that predated massive experiential shopping centers like Minnesota’s Mall of America.
February 12, 2020Amazon Finally Closes Above $1 Trillion After Months of Close Calls
Jeff Bezos speaks during a news conference at the National Press club in Washington in Sept. 2019. (Andrew Harrer/Bloomberg News)
Amazon .com Inc. closed with a valuation above $1 trillion for the first time Feb. 4, after failing to hold above that threshold through the end of a trading day in the previous two sessions.
February 4, 2020Amazon Leases Large New Warehouse Near Dallas
Inside an Amazon warehouse in Kent, Wash. The company has leased a new warehouse in Far East Dallas. (Alan Berner/Seattle Times)
Amazon .com Inc. is expanding its North Texas distribution footprint again with another big warehouse lease.
February 4, 2020Amazon Offers New Jobs to Employees in Pinnacle's 1,600-Person Layoff
A jet plane takes off from BWI Thurgood Marshall Airport in November 2019. (Joshua McKerrow/Capital Gazette)
An aviation and trucking company that operates out of BWI Thurgood Marshall Airport will lay off more than 1,600 people this spring, and Amazon has offered all hourly employees jobs at the same location.
January 31, 2020Amazon to Make New Staten Island Warehouse a Delivery Station
(Mark Lennihan/Associated Press)
Amazon says a new 450,000-square-foot warehouse leased in Bloomfield will be used as a delivery station that will help speed up deliveries to local residents.
January 30, 2020Amazon, DHL Among Founding Members of New Electric Vehicle Coalition
Amazon CEO Jeff Bezos sits during an event in New Delhi, India, on Jan. 15. His company is one of the founding members of a new electric vehicle coalition. (Anindito Mukherjee/Bloomberg News)
Amazon and DHL are initial members of a new industry group set up to help companies electrify their vehicle fleets and support policies that enable electrification.
January 22, 2020Americans Hit Fresh Online-Buying Milestone in 2019
David Paul Morris/Bloomberg News
Online shopping in the U.S. hit a new milestone in 2019, with a key metric surpassing every major category of brick-and-mortar stores except for big-ticket autos.
January 16, 2020Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages
FedEx workers unload packages from a truck in New York City in December. (Michael Nagle/Bloomberg News)
Amazon .com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants selling goods on the site from shipping packages with FedEx Corp.’s ground service.
January 14, 2020Amazon Plans Large Distribution Center Near Chicago
Daniel Acker/Bloomberg
Amazon plans to open a three-building distribution center on the site of the former Maywood Park horse track near Chicago, as part of the e-commerce giant’s ongoing race to deliver packages to customers faster.
January 7, 2020