Latest Andrew Jassy News
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. For the three months that ended on Sept. 30, the Seattle-based tech giant posted a revenue of $158.9 billion, higher...
Amazon is requiring workers to be in the office five days a week starting next year
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday. Jassy said in a message shared with employees that the company’s leadership had been thinking in recent months...
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America's largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper...
