The FTC and a group of U.S. states sued Amazon over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. 

Klaus-Michael Kuehne broadened the company's  global reach through acquisitions. Under his leadership, the firm grew over decades into a global transport behemoth with more than 1,300 offices worldwide.

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.

Customers could receive the drone deliveries in as fast as 30 minutes, Amazon said in a news release. The drones can carry packages up to 5 pounds.

The addition is set to triple the size of Einride’s deployed fleet and extend its network across North America. It has previously used vehicles from Daimler Truck, Scania, MAN and BYD.

Maersk, Hapag-Lloyd and DP World reported strong trade demand, with Maersk raising its full-year outlook for the second time in seven weeks.

Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size. 

CFO Brian Olsavsky said, “In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers.” 

Amazon delivered strong profit and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.

“Specifically, we eliminated approximately 2 million pieces per day of lower-quality Amazon volume,” UPS CEO Carol Tomé said during a call with investors.