Amazon
Amazon Leads S&P 500 After Reporting ‘Record’ Holiday Sales
Ken James/Bloomberg News
Amazon.com Inc.’s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record-breaking,” with billions of items shipped and “tens of millions” of Amazon devices like the Echo Dot sold.
December 27, 2019Amazon’s Van-Buying Spree Delivers a Gift to Auto Industry
Vans queue up to leave an Amazon delivery center in Englewood, Colo., on July 30, 2019. (David Zalubowski/Associated Press)
The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too.
December 19, 2019FedEx’s Q2 Earnings Tumble, Even More Than Wall Street Expected
Delivery trucks sit in the FedEx Corp. Ground distribution center in Jersey City, N.J., on Aug. 7, 2018. (Marc McAndrews/Bloomberg News)
FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.
December 17, 2019Dave Clark: The Man Who Built Amazon’s Delivery Machine
Employees fill online orders at the Amazon.com Inc. fulfillment center in Robbinsville, N.J. (Victor J. Blue/Bloomberg News)
Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.
December 17, 2019Where’s My Amazon Package? It May Be Late
Lynne Sladky/AP
NEW YORK — It’s just a week into the holiday shopping season, and Amazon already is having trouble getting packages to shoppers’ doorsteps on time.
December 6, 2019Amazon Plans to Open Cashierless Supermarkets Next Year
David Ryder/Bloomberg News
Amazon.com is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions that includes the possibility of licensing the technology to other retailers.
November 20, 2019Amazon Accused of Forcing Up Prices in Antitrust Complaint
Employees process merchandise at the Amazon.com fulfillment center in Phoenix, Ariz. (David Paul Morris/Bloomberg News)
In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.
November 8, 2019Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed
An Amazon trailer sits in Seattle. The company's Q3 profits didn't meet Wall Street's expectations, but revenue was higher than expected. (Stephen Brashear/AP Images for Amazon)
Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.
October 29, 2019Walmart Subsidizing Some Vendors in Price War With Amazon
A Walmart sign (left, Patrick T. Fallon/Bloomberg News) and Amazon package (right, Andrew Harrer/Bloomberg News).
Hold on to your smartphone — the holiday price wars between Walmart Inc. and Amazon.com Inc. are heating up.
October 15, 2019Amazon Expands Two-Hour Whole Foods Delivery
Rogelio V. Soiis/Bloomberg News
Ever since Amazon.com bought Whole Foods in 2017 for $13.7 billion, shoppers and investors have wondered how the e-commerce giant would integrate the upscale grocer into its sprawling online operation. Now, after two years of tinkering, Amazon is betting big on quick delivery from Whole Foods.
September 20, 2019