Amazon

Megacorporation Amazon is preparing to hire fleets of independent contractors to deliver third party vendors' goods locally.

Amazon shareholders approved a 20-for-1 stock split Wednesday which will lower the price of the stock for investors and could bode well for other companies planning to do the same.

Amazon is facing a record number of resolutions from its shareholders that challenge the retail giant's policies over the treatment of its workers.

Billionaire Elon Musk's SpaceX will likely become the most valuable U.S. startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, sources close to the company's valuation told Reuters.

Hedge funds such as Tiger Global Management, Winslow Capital Management, and Scopus Asset Management sold all their shares of Netflix ahead of the company announcing in March its first loss of subscribers in more than 10 years.

President Biden hosted Amazon union drive leader Christian Smalls at the White House.

Workers at Amazon and Starbucks have been the faces of the pro-union movements but behind the scenes action by the NLRB may suggest an even more aggressive move.

Tesla Inc. is among a small but growing number of U.S. companies offering to cover travel costs for employees who need to cross state lines for abortion.

The Amazon warehouse in Staten Island held the first successful organizing effort in the company's history.

Jeff Bezos is the founder of Amazon. Amazon started out as an online book seller and is now one of todays biggest companies. His net worth is $182 billion.

A woman whose son was killed when a tornado hit an Amazon warehouse in Illinois spoke out against the company. Her attorney says workers were threaten that they would be fired if they left that day.

Amazon informed employees that the company would be shifting back to pre-covid policies thanks to the "sustained easing of the pandemic, ongoing availability of COVID-19 vaccines and treatments, and updated guidance from public health authorities."

The move comes about two months after Amazon announced plans to shutter its physical bookstores, Pop Up stores and 4-star stores.

The reimbursement, which is effective retroactively from Jan 1., is available to the company's U.S. corporate and warehouse employees or covered dependents enrolled in Premera or Aetna health plans.

Amazon scored a victory in New York as a second attempt to unionize a warehouse failed.

Amazon's prior objections to a landmark union election in New York City has justified a hearing that could prove a hurdle for union workers.

Amazon didn't reveal the exact date of the two-day event, but it announced in its first quarter earnings report that the shopping bonanza will take place in more than 20 countries.