Latest Amazon.com Inc News
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...
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
NEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the...
Amazon: Q1 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — Amazon.com Inc. (AMZN) on Tuesday reported first-quarter net income of $10.43 billion. The Seattle-based company said it had profit of 98 cents per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share. The results...
Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting
TOKYO (AP) — Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week. Japan's benchmark Nikkei 225 jumped 1.3% to 38,442.28 in early trading, coming back from a national holiday. Sydney's S&P/ASX 200 rose 0.3%...
How major US stock indexes fared Monday, 4/29/2024
Stocks edged higher as Wall Street readies for a week packed with potentially market-moving news. The S&P 500 rose 0.3% Monday. The Dow Jones Industrial Average climbed 0.4%, and the Nasdaq composite rose 0.3%. Amazon and Apple will report their latest earnings...
These apps allow workers to get paid between paychecks. Experts say there are steep costs
NEW YORK (AP) — When Anna Branch, 37, had her hours at work reduced in 2019, she suddenly noticed ads for an app called EarnIn. “You know how they get you — the algorithms — like they’re reading your mind,” Branch said. “The ad said I could get up to $100 this week and...
