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Amazon Revenue Beats Q4 Estimates, Profits Slump

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, 2023

Amazon 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, 2023

Amazon 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, 2023

Kroger, 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, 2022

Walmart’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, 2022

Amazon 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, 2022

Amazon 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, 2022

Broad 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, 2022

Amazon 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