Latest News Updates From Matt Day

GovernmentBusinessTechnologyLogistics

Amazon Tries to Calm Fears Over Supply Chain Woes

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.

October 25, 2021
BusinessTechnologySafety

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

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.

August 9, 2021
BusinessSafetyLogistics

Amazon Tells Warehouse Workers to Mask Up Again

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.

August 6, 2021
BusinessTechnologyAutonomous

Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid

Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.

August 5, 2021
BusinessTechnologyLogistics

Amazon’s Whole Foods Adds Delivery Fee in Some Cities

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.

August 2, 2021
BusinessTechnologyLogistics

Bezos: Amazon’s Andy Jassy Will Become CEO on July 5

Amazon .com Inc.’s new CEO will take the reins on July 5, the 27th anniversary of the company’s incorporation, outgoing CEO Jeff Bezos said during the annual shareholder meeting on May 26.

May 26, 2021
BusinessTechnology

Amazon Q1 Sales Beat Estimates

Amazon .com Inc. reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to prepandemic shopping habits in the U.S.

April 29, 2021
GovernmentBusinessLogistics

Amazon Violated Law in Firing Employee Activists, NLRB Says

Amazon .com Inc. violated labor law when it fired two high-profile internal critics last year, the National Labor Relations Board’s prosecutors have found.

April 5, 2021
BusinessLogistics

Amazon Spends $131 Million for Stake in Cargo Airline ATSG

Amazon .com Inc. has scooped up a minority stake in a cargo airline that operates a portion of its fast-growing air-cargo division, the latest sign of the retailer’s long-term ambitions to expand its airfreight operations.

March 8, 2021
GovernmentBusinessLogistics

Amazon Sues N.Y. Attorney General, Claiming Excessive COVID Demands

Amazon .com Inc. is suing the New York State attorney general, arguing that she’s exceeding her authority in seeking to penalize the company for alleged failures in its pandemic safety protocols and treatment of workers at New York City warehouses.

February 12, 2021