Amazon News Updates

Business, Logistics

Amazon Spends $15 Billion to Help Merchants in Charm Offensive

Amazon.com, criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales.

August 22, 2019
Business, Logistics

Amazons New India Campus Is Its Largest

Amazon.com on Aug. 21 opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the worlds fastest-growing retail markets.

August 21, 2019
Business, Logistics

Amazon Tests Top Brand Label for Some Big-Name Fashion Sellers

Amazon.com Inc. is designating products sold by certain companies as top brands, a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.

August 16, 2019
Business, Logistics, Top 100

Amazon-FedEx Split Sets Battle Lines in E-Commerce Delivery Feud

FedEx Corp.s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

August 8, 2019
Business, Logistics, Breaking News, Top 100

FedEx Ends Ground-Delivery Deal With Amazon

FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.

August 7, 2019
Business, Technology, Equipment, Autonomous

Scout, Amazons Self-Driving Delivery Robot, Heads to California

Amazon said Aug. 6 that its six-wheeled self-driving robots, about the size of a smaller cooler, will begin delivering packages to customers in Irvine, Calif., after testing them in a suburb of Seattle earlier this year.

August 6, 2019
Business, Logistics

Amazon Loses Last Bear Among Stock Analysts

Amazon.coms last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a sell rating on the companys shares. In a note to clients July 30, he upgraded the retail and technology giant to hold.

August 2, 2019
Government, Business, Logistics

FBI: Amazon Drivers Part of Major Theft Ring

SEATTLE A theft ring in Washington state sold millions of dollars worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show.

August 1, 2019
Government, Business

EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers

EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.

August 1, 2019
Government, Business, Logistics

Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon

A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.

July 31, 2019