💸 Even Bezos is waving the warning flag.
Amazon founder Jeff Bezos is the latest leader in the corporate world to warn the public that tough financial times are ahead of us. The former Amazon CEO predicts further volatility, echoing JPMorgan Chase CEO Jamie Dimon’s recent statements that America is heading for a recession within the following six months. How’s that savings account looking, folks?
Rivian Automotive Inc. saw its shares bounce back slightly on Monday after a tough week marked by disappointing earnings.
Amazon Web Services Mexico (AWS), a branch of Amazon.com Inc., plans to invest over $5 billion in constructing a series of data centers in Mexico, catering to the rising demand for cloud services amid technological advancements.
Employees at an Amazon fulfillment center in Markham, Illinois, experienced an evacuation due to a nearby fire on Thursday morning.
Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.
An Ohio trucking company owner confessed to wire fraud in a federal court for participating in a scam that cheated shippers, including Amazon and Bath & Body Works.
In a recent interview, the chair of the pilots' union at Air Transport International (ATI), a key air carrier in Amazon's delivery network, expressed frustration over delayed contract negotiations.
Amazon.com has announced layoffs affecting fewer than 5% of its Buy with Prime unit employees.
Amazon is undergoing layoffs in its Prime Video and MGM Studios divisions, with hundreds of employees affected.
Amazon is feeling the pressure from fast-fashion app Shein and has decided to cut referral fees for cheap clothing items in an effort to compete.
Spanish workers at an Amazon logistics center in northern Spain, near the border with France, are planning a three-day strike from January 3 to 5 ahead of the Epiphany feast day.
Deforestation in Brazil's Amazon decreased by 22.3% in the 12 months through July, marking the smallest area cleared since 2018, according to government data from the Brazilian space research agency Inpe.
Amazon has introduced new guidelines allowing supervisors to terminate employees who resist the return-to-office directive.
FTC Chair Lina Khan defended the agency's antitrust lawsuit against Amazon, emphasizing that it aims to protect free and fair competition rather than punish success.
Amazon.com Inc. is planning to hire 250,000 logistics workers for the upcoming holiday season.
Amazon's anticipatory shipping patent, which generated interest a decade ago, is now being revisited.
Amazon has opened its first robotics fulfillment center in Detroit, covering 823,000 square feet and employing over 1,200 workers.
Amazon.com Inc. is doubling down on its fast-delivery capabilities for its Prime service following a temporary slowdown during the pandemic.
The results of Amazon Prime Day on July 11-12 indicate that Peak 2023 is likely to be a strong and busy season for the supply chain.
Amazon reports a decrease in carbon emissions for the first time since the company began reporting the figure.
Several major tech companies, including Amazon, Google, Meta, Microsoft, and others, have made voluntary commitments to meet a set of artificial intelligence (AI) safeguards brokered by the White House.
Amazon is seeking to recruit 2,500 small businesses across 23 states in the US to participate in its "Amazon Hub Delivery" program, aiming to enhance package delivery capabilities.
Amazon has announced that it has successfully delivered over 150 million packages using Rivian's electric vehicles (EVs).
Amazon is exploring a new eFulfillment strategy called Amazon Hub Delivery, which aims to utilize small businesses as delivery partners to expand its fulfillment reach.
Rivian, an electric vehicle manufacturer, has announced that it will follow in the footsteps of General Motors and Ford by joining Tesla's charging network in the coming year.
Amazon has introduced the first phase of its new headquarters complex, "HQ2," in Arlington, Virginia.
Amazon has been granted tax breaks worth an estimated $1 billion by officials in a remote county in northeastern Oregon to establish five new data centers.
A new study has revealed that Amazon has significantly higher worker injury rates compared to other major companies, with 6.9 out of 100 workers being injured in 2022.
The Teamsters Union and a company called Battle-Tested Strategies reportedly reached a deal to improve wages and address health and safety standards for 84 Amazon delivery drivers in California.
Amazon has fully transitioned to a regionalized model that aims to improve delivery times and reduce costs for the company.
Amazon’s recent decision to bring employees back to the office five days a week, starting next year, has stirred strong reactions among staff.