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Amazon, Walmart Consider Issuing Own Stablecoins: Report

Amazon and Walmart are among large multinational companies that have discussed issuing their own stablecoins in the U.S., the Wall Street Journal reported, citing unidentified people.

June 13, 2025

Cyberattack at United Natural Foods Affects Orders

United Natural Foods has taken some of its systems offline while it investigates “unauthorized activity” with outside cybersecurity help.

June 9, 2025

Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.

May 23, 2025

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025

Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs

Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.

May 1, 2025

Amazon Plans Dozens of US Warehouses in Rural Expansion

Amazon.com plans to build dozens of warehouses to serve rural areas in the U.S. before the end of next year, growing its footprint as the company works to rely less on other carriers.

April 30, 2025

Amazon Denies Tariff Label Plans After White House Criticism

Amazon said April 29 it never planned to widely display the cost of President Donald Trump’s tariffs on products after the White House blasted the reported move.

April 29, 2025

UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025

Hydrogen Maker Plug Power Makes $525 Million Debt Deal

Plug Power announced a $525 million secured debt facility, and said it completed construction of a hydrogen production plant in Louisiana.

April 28, 2025