Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025Latest News Updates From Spencer Soper
Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Amazon Issues Backdated Refunds in Policy Review
Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.
May 21, 2025Amazon Warehouse Workers Reject Union Bid in North Carolina
Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.
February 18, 2025Amazon Workers Seek $30 an Hour in North Carolina
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.
February 11, 2025Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
October 9, 2024Online Holiday Spending Projected to Rise 8.4%
Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.
September 25, 2024Albertsons Sued for Allegedly Copying Startup’s Software
Albertsons Cos. was sued by an e-commerce software maker that claims the grocery chain conducted trials with its product for three years only to steal its trade secrets to build its own system.
August 19, 2024Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion
U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.
July 18, 2024Amazon Prime Day Sales Rise 13% in First Six Hours of Event
Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.
July 16, 2024Amazon Prime Memberships in US Gain 8% to New High
Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.
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