Latest Amazon.com Inc News

FILE - In this Dec. 14, 2017, file photo, Jeff Bezos attends the premiere of

Saudi crown prince's WhatsApp linked to Bezos phone hack

Jan. 22, 2020 5:44 PM EST

DUBAI, United Arab Emirates (AP) — The cellphone of Amazon founder and Washington Post owner Jeff Bezos was hacked in what appeared to be an attempt by Saudi Arabia's crown prince to "influence, if not silence" the newspaper's reporting on the kingdom, two U.N. human rights experts said Wednesday. The U.N....

ARCHIVO - En esta foto de archivo del 14 de diciembre de 2017, Jeff Bezos asiste al estreno del filme

Key events leading to statement on Jeff Bezos phone hack

Jan. 22, 2020 4:45 PM EST

Experts at the United Nations said Wednesday that the phone of Amazon founder and Washington Post owner Jeff Bezos was likely hacked through a file sent from an account used by Saudi Crown Prince Mohammed bin Salman. The experts called for an "immediate investigation" by the United States. A forensic report...

FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier.  (AP Photo/John Minchillo, File)

Target, like other retailers, did not have a Merry Christmas

Jan. 15, 2020 1:06 PM EST

Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the previous year....

Amazon to invest $1 billion in India

Jan. 15, 2020 12:30 PM EST

NEW DELHI (AP) — Amazon founder Jeff Bezos said Wednesday that his company plans to invest $1 billion in digitizing small and medium businesses in India. Bezos, who is currently on a three-day visit, also said that Amazon is going to use it size, scale and global footprint to export $10 billion in goods...

In this Jan. 8, 2020, photo Marian Nixon poses for a photo at her home in Chicago. Nixon finds its easier for her prints, clothes and sketch books to be seen on Amazon rather than on her own website. But selling online presents challenges that can be hard, even impossible to overcome. She gets good reviews for her designs, but she's had bad reviews when something has gone wrong with shipping, which is out of her control. (AP Photo/Nam Y. Huh)

Want to sell on Amazon? Businesses must weigh pros, cons

Jan. 15, 2020 10:43 AM EST

NEW YORK (AP) — While many small manufacturers and retailers believe Amazon is the place to be, Lyris Autran is forgoing the opportunity. Autran wants to keep the prices on her leashes, bowls and other products for dogs competitive. It costs money to sell on Amazon.com — a 15% fee on each sale and...

FILE - This Aug. 8, 2018, file photo shows the Casper logo on the company's website, on a computer screen in New York. Online mattress pioneer Casper Sleep Inc. has filed regulatory paperwork to go public. Casper said in a filing Friday, Jan. 10, 2020, with the Securities and Exchange Commission that its stock will be listed under “CSPR” on the New York Stock Exchange. (AP Photo/Jenny Kane, File)

Online mattress pioneer Casper files to go public

Jan. 10, 2020 5:33 PM EST

NEW YORK (AP) — Online mattress pioneer Casper Sleep Inc. has filed regulatory paperwork to go public. Casper said in a filing Friday with the Securities and Exchange Commission that it plans to use the proceeds to fund expansion. It listed a stock offering of $100 million as a placeholder, but that will...

FILE - This Wednesday, Nov. 24, 2004 file photo shows a selection of holiday season catalogs in Portland, Maine. Catalogs, those glossy paper-and-ink offerings of outdoor apparel, kitchenware and fruit baskets, are not yet headed for the recycling bin of history. (AP Photo/Robert F. Bukaty, File)

Catalog retailers see reason for optimism after declines

Jan. 3, 2020 4:22 PM EST

PORTLAND, Maine (AP) — Catalogs, those glossy paper-and-ink offerings of outdoor apparel, kitchenware and fruit baskets, are not yet headed for the recycling bin of history. Until recently, the future appeared grim for the mailbox-stuffers. A one-two punch of postal rate increases and the Great Recession...

FILE - This Sept. 6, 2012, file photo, shows the Amazon logo in Santa Monica, Calif.   Amazon employees say that the company has threatened to fire some workers for publicly pushing the company to do more to combat climate change. A climate change advocacy group founded by employees said Amazon sent letters to members telling them that they could be fired if they continued to speak out to the press.     (AP Photo/Reed Saxon, File)

Amazon workers clash with company over climate change

Jan. 2, 2020 2:03 PM EST

NEW YORK (AP) — Amazon employees say the company is threatening to fire workers for publicly pushing the company to do more to combat climate change. Amazon Employees For Climate Justice, a climate change advocacy group founded by Amazon workers, said Thursday that the company sent letters to members...

In this Dec. 17, 2019, photo Amazon robots move along the warehouse floor with packages before finding the proper delivery chute, transporting packages from workers to chutes that are organized by zip code, at an Amazon warehouse facility in Goodyear, Ariz. Amazon and its rivals are increasingly requiring warehouse employees to get used to working with robots. The company now has more than 200,000 robotic vehicles it calls “drives” that are moving goods through its delivery-fulfillment centers around the U.S. (AP Photo/Ross D. Franklin)

As robots take over warehousing, workers pushed to adapt

Dec. 30, 2019 12:24 PM EST

NORTH HAVEN, Conn. (AP) — Robots haven't replaced warehouse workers yet, but they're here — and they need some human supervision. Doing your job side-by-side with robots isn't easy. According to their makers, the machines should take on the most mundane and physically strenuous tasks. In reality,...

In this Dec. 17, 2019, photo an Amazon robot sends a package down a chute, transporting packages from workers to chutes that are organized by zip code, at an Amazon warehouse facility in Goodyear, Ariz. The tech giant is still rolling out new models descended from the Kiva line, including the Pegasus, a squarish vehicle with a conveyor belt on top that can be found working the early-morning shift at a warehouse in the Phoenix suburb of Goodyear. (AP Photo/Ross D. Franklin)

As robots take over warehousing, workers pushed to adapt

Dec. 30, 2019 12:22 PM EST

NORTH HAVEN, Conn. (AP) — Guess who's getting used to working with robots in their everyday lives? The very same warehouse workers once predicted to be losing their jobs to mechanical replacements. But doing your job side-by-side with robots isn't easy. According to their makers, the machines should take...