Amazon to raise average hourly pay in October
Amazon is preparing for a busy October and holiday shopping season, boosting hourly pay in order to attract more workers.
Biden's new minimum tax could hit Amazon, Berkshire Hathaway the hardest, study shows
The book minimum tax in Democrats' Inflation Reduction Act could hit just 78 companies, with the largest burden borne by online retailer Amazon and Warren Buffett's Berkshire Hathaway.
Amazon, Walmart, Target roll out early holiday sales
Amazon, Target and Walmart are companies that have already launched holiday deals starting as early as October. The early deals will help shoppers battle inflation.
Amazon fails to cancel FTC subpoenas for Bezos, Jassy testimony
The Federal Trade Commission says Amazon executives Jeff Bezos and Andy Jassy must testify in a probe into Prime's policies involving how customers sign-up and cancel the service.
FTC looking into Amazon's $1.7B deal for iRobot
The U.S. Federal Trade Commission (FTC) has asked Amazon and iRobot for more information on the e-commerce giant's $1.7-billion buyout of the popular Roomba vacuum maker.
Spotify launching audiobook service, looking to take on Amazon's Audible
Spotify is entering the audiobook industry and looking to give Amazon's Audible a run for its money after it announced that it will be launching its audiobook service in the U.S.
Extension cords sold on Amazon should 'immediately' be thrown away, CPSC says
Officials are warning consumers to stop using male-to-male extension cords that were sold under various brand names on Amazon because they pose several hazards.
California sues Amazon, alleging antitrust violations inflated prices and stifled competition
The lawsuit, which claims that Amazon penalized merchants for offering products at lower prices elsewhere, is their biggest legal challenge to date in the U.S.
DuckDuckGo, Mozilla and others support bill to reign in Big Tech's power
Giant tech companies like Alphabet's Google and Meta's Facebook may be facing further regulation if a bill brought forward by Sen. Amy Klobuchar is passed.
Paramount considers discontinuing Showtime streaming service, merging with Paramount+
Paramount considers discontinuing its Showtime streaming service, shifting the content to Paramount+, streamlining the company’s offerings amid tough competition.
Amazon Prime bets big on NFL’s 'Thursday Night Football'
The e-commerce giant is launching a new hub for exclusive deals on NFL-licensed content and hosting special VIP experiences for "Thursday Night Football."
Justice Dept short-selling probe looks at trading in Amazon, Microsoft, JPMorgan: report
The Department of Justice has subpoenaed some short sellers for trading information on firms including Amazon, Microsoft, and JPMorgan Chase, in probe.
Amazon accused of practicing anti-competitive behavior
Pro-privacy and worker organizations, including Public Citizen and Fight for the Future, urged US antitrust enforcers, the FTC, to stop Amazon from buying iRobot.
Businesses battling out-of-control FTC and wrath of commission head Khan
Radical leftist Federal Trade Commission head Lina Khan is pushing an out-of-control agenda to attack big business and restrict mergers and acquisitions.
Walmart, Paramount launch streaming service for members
Walmart+ members can officially access Paramount+ Essential Plan at no additional cost. The addition is helping Walmart compete with Amazon's Prime membership.
Teamsters union launches new division to help Amazon workers: 'Defending workers from unchecked exploitation'
International Brotherhood of Teamsters General President Sean M. O’Brien announced a new division to support and unionize Amazon warehouse and logistics workers.
Amazon considering joining Japan prescription drug market: report
Amazon is reportedly planning to launch a platform next year that will allow people in Japan to obtain virtual prescriptions after receiving online medical care.
Amazon temporarily shuts down solar rooftops at all US facilities due to fires
Amazon said that it "proactively powered off our onsite solar installations in North America" after a recent string of costly fires at warehouses.
Amazon to close, scrap plans for dozens of warehouses amid slowing sales growth: report
Online retail giant Amazon is reportedly planning to scrap plans for dozens of new warehouses representing tens of millions of square footage amid slowing sales growth.
FTC wants more information on Amazon's One Medical purchase
Amazon's $3.9 billion acquisition of One Medical could be delayed as the FTC asks for more information on the deal.















