Latest Amazon.com Inc News

Postal Service head to retire amid mounting financial woes

Oct. 16, 2019 5:57 PM EDT

WASHINGTON (AP) — Postmaster General Megan Brennan, who became the first woman to hold the position, is retiring early next year after working to stabilize the organization's mounting financial woes. Brennan took the job in 2015. The Postal Service says she will step down Jan. 31. The announcement comes as...

Warren escalates Facebook fight with ad targeting Zuckerberg

Oct. 14, 2019 6:09 PM EDT

SAN FRANCISCO (AP) — Democratic presidential candidate Elizabeth Warren has escalated her tiff with Facebook by running an ad — on Facebook — taking aim at its CEO, Mark Zuckerberg. It's the latest example of growing resentment of Big Tech by Republicans and Democrats alike. The list of...

Big Tech is now a big punching bag for politicians

Oct. 11, 2019 2:00 PM EDT

SAN FRANCISCO (AP) — Republicans and Democrats don't agree on health care, immigration or taxing the rich. But one subject draws critics from both parties: Big Tech. The list of grievances is long and growing by the week. Companies like Google, Facebook and Amazon are too big and powerful. They're bad for...

Parent of Toys R Us teams up with Target to power online biz

Oct. 8, 2019 3:16 PM EDT

NEW YORK (AP) — The parent company of Toys R Us is turning to a key rival to restart its e-commerce business ahead of the holiday shopping season. Tru Kids Brands is teaming up with discounter Target Corp. to relaunch Toysrus.com, according to a joint release. The site, which launched Tuesday, features...

Big Tech's eco-pledges aren't slowing its pursuit of Big Oil

Oct. 2, 2019 7:09 AM EDT

Employee activism and outside pressure have pushed big tech companies like Amazon, Microsoft and Google into promising to slash their carbon emissions. But there's another thing these tech giants aren't cutting: Their growing business ties to the oil and gas industry. When Microsoft held an all-staff meeting in...

10 Things to Know for Today

Oct. 2, 2019 6:11 AM EDT

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. WARNINGS OVER TRUMP INQUIRY FLY BETWEEN POMPEO, DEMOCRATS The secretary of state tries to delay five current and former officials from providing documents and testimony, but Democrats have set closed-door...

'Climate strike' crosses continents: A look at the protests

Sep. 20, 2019 4:49 PM EDT

NEW YORK (AP) — Hundreds of thousands of mostly young people marched, rallied and demonstrated around the world Friday, demanding action to combat climate change. A look at some of the "Global Climate Strike" protests: AFRICA — KENYA: Some young protesters in Nairobi wore hats and outfits fashioned...

'Middle of the herd' no more: Amazon tackles climate change

Sep. 19, 2019 7:16 PM EDT

WASHINGTON (AP) — Online shopping giant Amazon revealed a carbon footprint Thursday that rivals that of a small country and vowed to reduce the damage to the planet by cutting its use of fossil fuels. The company, which ships more than 10 billion items a year on fuel-guzzling planes and trucks, said it has...

Walgreens, Google affiliate to launch drone delivery test

Sep. 19, 2019 2:41 PM EDT

Walgreens and a Google affiliate are testing drone deliveries that can put drugstore products on customer doorsteps minutes after being ordered. Snacks like Goldfish Crackers or gummy bears as well as aspirin for sick kids will be delivered starting next month in Christiansburg, Virginia, by a 10-pound...

FedEx profit falls, company cites uncertainty over trade

Sep. 17, 2019 7:49 PM EDT

DALLAS (AP) — Profit at FedEx fell 11% in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon. The results fell short of Wall Street expectations, and the company lowered its forecast for earnings through next...