Latest Amazon.com Inc News

Westlake, Lydall rise; Amazon, Nvidia fall

Jun. 21, 2021 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Westlake Chemical Corp., up $2.65 to $93.96. The ethylene producer is buying Boral's North American building products business for $2.15 billion. ...

Want a job? Employers say: Talk to the computer

Jun. 15, 2021 19:37 PM EDT

A day after her interview for a part-time job at Target last year, Dana Anthony got an email informing her she didn't make the cut. Anthony didn't know why — a situation common to most job seekers at one point or another. But she also had no sense at all of how the...

Bills that could force Big Tech breakups unveiled in House

Jun. 11, 2021 19:21 PM EDT

WASHINGTON (AP) — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business. The...

Jeff Bezos will blast into space on rocket's 1st crew flight

Jun. 07, 2021 15:54 PM EDT

CAPE CANAVERAL, Fla. (AP) — Outdoing his fellow billionaires in daredevilry, Jeff Bezos will blast into space next month when his Blue Origin company makes its first flight with a crew. The 57-year-old Amazon founder and richest person in the world by Forbes' estimate...

Amazon to hold Prime Day over 2 days in June

Jun. 02, 2021 09:24 AM EDT

NEW YORK (AP) — Amazon said Wednesday that it will hold its annual Prime Day over two days in June this year, the earliest it has ever held the sales event. Typically, Amazon holds Prime Day in July. Amazon has said it was holding it earlier due to the Olympics, which...

Pot users welcome: Amazon won't test jobseekers for cannabis

Jun. 01, 2021 20:32 PM EDT

NEW YORK (AP) — Amazon said Tuesday that it will stop testing jobseekers for marijuana. The company, the second-largest private employer in the U.S. behind Walmart, is making the change as states legalize cannabis or introduce laws banning employers from testing for it....

Indie bookstores avoid the worst — so far — from pandemic

May. 27, 2021 10:02 AM EDT

NEW YORK (AP) — Through the first year of the pandemic, the country's independent booksellers have — so far — avoided disaster. On Thursday, the American Booksellers Association told The Associated Press that membership increased from 1,635 to 1,701 since May 2020,...

Amazon to buy MGM, studio behind James Bond and 'Shark Tank'

May. 26, 2021 17:04 PM EDT

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.45 billion for MGM, making...

Jeff Bezos says will pass baton to new Amazon CEO on July 5

May. 26, 2021 16:18 PM EDT

NEW YORK (AP) — Amazon founder Jeff Bezos has picked a date to step down as CEO. Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5. ...

Amazon still discussing terms over $4.5 million grant award

May. 25, 2021 18:12 PM EDT

DOVER, Del. (AP) — State officials awarded $4.5 million in taxpayer money to online retail giant Amazon Inc. last year to build and staff a distribution facility in Delaware, but the company apparently is still not satisfied. Members of a panel that approves incentives...