One of Amazon.com's top executives on Wednesday responded to reported information gathering by U.S. antitrust enforcers and to calls by some critics to break up the company with a simple message: we welcome any review.
Amazon Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work globally.
As Amazon.com Inc targets traditional brokerages that match shippers with truckers, it's also battling a bevy of startups - including Uber Freight and a company funded by the e-commerce giant's founder Jeff Bezos.
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals.
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation.
Outdoor brand Patagonia is rethinking its corporate sales program as it looks to prioritise Certified B Corporations over major tech and finance companies, despite the latter group’s infatuation with the brand’s vests.
Amazon has scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by politicians.