Amazon News Updates

BusinessTechnologyLogistics

Walmart’s Challenger to Amazon Prime Will Launch Sept. 15

Walmart Inc.’s answer to Amazon Prime finally has a launch date.

September 1, 2020
BusinessTechnologyLogistics

Amazon’s Boler Davis in Mix to Become First Black Logistics Chief

When Alicia Boler Davis was elevated to Jeff Bezos’ vaunted S-Team leadership council earlier this month, she became the first Black executive to enter Amazon .com Inc.’s upper ranks — and a candidate to run the company’s far-flung logistics empire.

August 31, 2020
GovernmentBusinessTechnologyLogistics

Amazon’s Drone Delivery Fleet Hits Milestone With FAA Clearance

Retail behemoth Amazon .com Inc. took a big leap toward delivering goods from the sky by becoming one of only a handful of companies certified by the U.S. government to operate as a drone airline.

August 31, 2020
BusinessTechnologyFuelLogistics

Amazon Buys 1,800 Electric Mercedes Vans in Latest Green Effort

Amazon .com Inc. is buying 1,800 electric delivery vans from Daimler AG’s Mercedes-Benz, the retailer’s biggest commitment to date to cut the carbon footprint of its delivery operations in Europe.

August 28, 2020
BusinessTechnologyLogisticsTCA

Amazon Fresh Opens First Supermarket in Los Angeles

Amazon is soft-launching a new supermarket Aug. 27, with a shopping cart that tallies up items as it enters the basket and enables instant checkout, and Alexa stations throughout the store that can answer questions.

August 27, 2020
BusinessTechnology

Elon Musk’s Wealth Now Exceeds $100 Billion

Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.

August 26, 2020
BusinessTechnologyLogistics

Amazon Names Logistics Head Dave Clark New Consumer CEO

Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.

August 21, 2020
GovernmentBusinessTechnologyLogisticsTCA

Amazon to Establish Tech Hubs in Six Cities, Including Detroit

Online retail giant Amazon.com Inc. said Aug. 18 it will put a tech hub in Detroit and five other U.S. cities. The move is expected to create 3,500 jobs in total.

August 18, 2020
BusinessLogistics

Mall Operator Weighs Empty Spaces as Amazon Centers

Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

August 10, 2020
BusinessTechnologyLogistics

Amazon Plows Through Pandemic With Record Profit

Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.

July 31, 2020