In a decision that could have major ramifications for Amazon's e-commerce business, a federal regulator ruled Tuesday that the tech giant is a distributor and bears responsibility for faulty products sold on its marketplace.
Amazon Prime membership is on the rise, encompassing the majority of consumers, but PYMNTS Intelligence data shows that Walmart's quickly growing membership is becoming a force to be reckoned with.
The Amazon Labor Union has been divided over strategy and governance issues after winning a representation vote at a Staten Island warehouse in 2022.
Amazon.com, Inc. stock has shown volatility post-Q1, but a reversal is already being seen ahead of Q2 earnings on August 1. Profitability trends related to opex dynamics impact stock performance, with a focus on balancing SG&A and R&D. Despite concerns, I'm confident of my Buy recommendation due to this masterful balancing act between expenditure and profitability.
E-commerce giant Amazon.com Inc AMZN is making a big bet on live sports rights, paying billions for NBA rights. Could the move help boost subscribers of the Amazon Prime Video streaming platform?
Large-cap stocks are key additions to any well-rounded portfolio, but how do you find the best ones? We take a closer look here.
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered Tuesday.
Amazon is deeply ingrained in many people's daily lives. Its core businesses continue to succeed.
Amazon will report earnings on Thursday, joining other tech giants lifting the hood on financial performance for the second quarter.
Amazon says it has seen a sharp rise in the speed of its Prime deliveries this year. The eCommerce giant announced Tuesday (July 30) that it made more than 5 billion same-day or next-day deliveries so far this year, up more than 30% year over year and a company record.
Amazon.com is responsible under federal safety law for hazardous products sold by third-party sellers on its platform and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission (CPSC) said on Tuesday.
Amazon says a criminal group is responsible for more than 10,000 items stolen through fraudulent refunds. A lawsuit also names seven US defendants who are said to have used and promoted the illegal service.