NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.
February 2, 2023Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Amazon to Sell Bay Area Office Complex as Sales Growth Cools
Amazon .com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, the company’s latest effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees.
January 26, 2023Amazon Expands Prime Service to More Stores
Amazon.com Inc. is expanding a program that lets Prime subscribers use the company’s speedy delivery service when shopping on other websites.
January 10, 2023Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
Amazon.com Inc. is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening.
January 5, 2023Kroger, Albertsons CEOs Face Senate Questions Over Merger
Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.
November 30, 2022Walmart’s Grocery Gains Power Sales Beat and Stock Jump
Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.
November 15, 2022Amazon to Take Hawaiian Airlines Stake in Cargo-Hauling Deal
Amazon.com Inc. is poised to take a stake in the parent of Hawaiian Airlines as part of a deal to expand the e-commerce giant’s cargo-hauling operations.
October 21, 2022Amazon Boosts Fort Worth Alliance to One of Nation’s Busiest Cargo Airports
Fort Worth Alliance airport now ranks among the 20 largest cargo airports in the country by landed weight, according to Federal Aviation Administration data, in large part due to Prime Air's distribution hub.
October 19, 2022Broad Relief Efforts Converge After Hurricane Ian
Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.
October 6, 2022Amazon Plans to Hire 150,000 Workers for Holiday Season
Amazon.com Inc. plans to hire 150,000 seasonal workers, about the same as last year despite slowing sales and predictions of a lackluster holiday shopping season.
October 6, 2022