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Amazon Plans Discount Web Store to Counter Upstarts

Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.

June 26, 2024

Thousands of Drivers File Arbitration Claims Against Amazon

NEW YORK — Thousands of delivery drivers filed legal claims against Amazon on June 11, alleging the company’s classification of them as independent contractors has led to unpaid wages.

June 11, 2024

Amazon to Expand US Drone Service

Amazon.com’s Prime Air drone program has been cleared by regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access to the service.

May 30, 2024

Walmart Delivers Strong First Quarter

NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

May 16, 2024

Amazon Workers Say They Struggle to Afford Food, Rent

Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.

May 15, 2024

Amazon Chooses Volvo VNR Electric as First Class 8 BET in US

E-commerce giant Amazon.com Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.

May 14, 2024

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

April 30, 2024

Amazon Prime Memberships in US Gain 8% to New High

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

April 16, 2024

Amazon Eyes Record High

Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.

April 8, 2024