Nov 25, 2022, 1:00 PM EDT
Amazon's voice assistant Alexa is part of a devices unit at the company that is expected to lose about $10 billion in 2022, according to a new report.
Amazon's layoffs will continue in 2023 as the "economy remains in a challenging spot," CEO Andy Jassy wrote in a memo to employees.
MacKenzie Scott announced that she's donated nearly $2 billion over the past seven months to 343 organizations that support underserved communities.
Dolly Parton was given $100 million from Jeff Bezos to donate to charities of her choice, after winning Bezos' Courage and Charities Award.
The IRS is hiring more than 700 new customer service representatives even as several large companies have announced layoffs amid fears of rising recession risks.
Amazon is now making deliveries in over 100 U.S. cities using its Rivian electric delivery vans and has more than 1,000 in its fleet of vehicles.
Microsoft, Meta, Twitter and other big tech firms will continue layoffs and hiring freezes as companies look to cut cost, Bay Area recruiting site founder says.
Traders will get their first look at how the economy did in the third quarter when the Commerce Department reports GDP.
Amazon has decided to halt the live tests of its Scout delivery robot after the company said that it wasn't meeting the needs of customers.
A former Amazon worker allegedly threw hot water at a convenience store in Arizona after the driver allegedly left the store without paying for her soda.