Amazon.com Inc. agreed to buy enough carbon-free hydrogen from Plug Power Inc. to run 30,000 forklifts or 800 longhaul trucks annually in a push to use less fossil fuels and decarbonize its operations. Plug’s shares surged.
August 25, 2022Amazon News Updates
Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
August 1, 2022Amazon Reports Strong Sales That Ease Fears of Slowdown
Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.
July 28, 2022Amazon Prime Day Pushed Web Sales Up 8.5% to $11.9 Billion
Online spending in the U.S. rose 8.5% to $11.9 billion during Amazon.com Inc.’s two-day Prime Day promotion, according to Adobe Inc., helping boost traffic on competing sites such as Walmart.com and Target.com that held their own sales.
July 14, 2022Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t
Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.
July 13, 2022Amazon Prime Day Comes Amid Slowdown in Online Sales Growth
Amazon is heading into its annual Prime Day sales event today much differently from how it entered the pandemic.
July 12, 2022Amazon, N.Y. Port Authority Fail to Reach Newark Airport Deal
Amazon .com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.
July 7, 2022Amazon Will Take Stake in Grubhub, Offer Prime Users Membership
Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business.
July 6, 2022Amazon Names New Head for Troubled Retail Business
Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.
June 21, 2022Google Takes Another Run at E-Commerce, and Amazon
In the past, Google has tried emulating Amazon.com Inc.’s online retail and delivery services, with little luck. Now the search giant is positioning itself as a kind of anti-Amazon, a free marketplace for merchants and Amazon rivals that’s designed to get consumers more comfortable shopping with Google.
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