Latest Amazon.com Inc News
Retail sales were unchanged in April from March as inflation and interest rates curb spending
NEW YORK (AP) — Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6%...
Incyte, Squarespace rise; Chimera Investment, Amazon fall, Monday, 5/13/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Incyte Corp., up $4.54 to $57.60. The specialty drugmaker announced plans to buy back up to $2 billion of its stock. Squarespace Inc., up $5.06 to $43.25. ...
California is testing new generative AI tools. Here's what to know
SACRAMENTO, Calif. (AP) — Generative artificial intelligence tools will soon be used by California's government. Democratic Gov. Gavin Newsom's administration announced Thursday the state will partner with five companies to develop and test generative AI tools that could improve...
Maryland governor signs online data privacy bills
ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore signed two measures into law on Thursday that are aimed at better protecting personal data online from Big Tech, including a bill making Maryland the second state to try to create strong limits on information collected on children. The...
The $230 billion donor-advised fund industry gets an IRS hearing
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes. Driving the debates are questions about...
Google, Justice Department make final arguments about whether search engine is a monopoly
WASHINGTON (AP) — Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on...
Amazon CEO Andy Jassy's comments about unions violated federal law, NLRB judge rules
A federal administrative law judge ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago. The ruling, issued Wednesday, follows a complaint filed in 2022 by the National Labor Relations Board that accused...
Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Amazon.com Inc., up $4 to $179. The e-commerce giant beat Wall Street's first-quarter earnings and revenue forecasts. Advanced Micro Devices Inc., down $14.11 to...
No need to guess: Mom knows best what she wants for Mother's Day
NEW YORK (AP) — Not all moms are the same. They like and do different things. Some, gasp, don't love the idea of flowers and chocolates for Mother's Day. Consider these alternative gifts, many based on testimonials from actual moms. PAMPER, PAMPER, PAMPER ...
Utah cat with a fondness for cardboard takes surprise trip to California in an Amazon box
Galena, a 6-year-old house cat from Utah, likes hiding and playing with cardboard. Earlier this month, the combination of the two made for a stressful trip in an Amazon package, a feverish search, a California rescue and a tearful reunion. Her family is still waiting...
