Latest Amazon.com Inc News
Pentagon reaffirms Microsoft as winner of disputed JEDI deal
WASHINGTON (AP) — The Pentagon on Friday reaffirmed Microsoft as winner of a cloud computing contract potentially worth $10 billion, although the start of work is delayed by a legal battle over rival Amazon's claim that the bidding process was flawed. “The department has completed its comprehensive...
Jamal Khashoggi doc 'The Dissident' finds distribution
NEW YORK (AP) — Bryan Fogel's Jamal Khashoggi documentary “The Dissident" made one of the biggest splashes at the Sundance Film Festival in January. Reviews were terrific. Hillary Clinton attended the premiere, as did Khashoggi's fiancée, Hatice Cengiz. But perhaps because of global media...
15 years later, Walmart to launch its answer to Amazon Prime
NEW YORK (AP) — Walmart is launching a new membership service that it hopes can compete with Amazon Prime. Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items, a fuel discount at certain gas stations and a chance to check out at Walmart stores...
Amazon wins FAA approval to deliver packages by drone
NEW YORK (AP) — Getting an Amazon package delivered from the sky is closer to becoming a reality. The Federal Aviation Administration said Monday it had granted Amazon approval to deliver packages by drones. Amazon said that the approval is an “important step," but added that it is still testing...
What does Walmart see in TikTok? Millions of young shoppers
NEW YORK (AP) — Walmart may be the world's largest retailer but it has mostly failed in its efforts to break Amazon's online dominance. Could TikTok, a fast-growing 3-year-old app filled with goofy videos, be the answer? TikTok's U.S. business appears up for grabs, with the Trump administration trying to...
Emergency postal aid stalls as WH rejects House-passed bill
WASHINGTON (AP) — Help for the U.S. Postal Service landed in stalemate Sunday as the White House dismissed an emergency funding bill aimed at shoring up the agency before the November elections as “going nowhere” and House Speaker Nancy Pelosi urged senators to act quickly. “The public...
House passes bill to reverse changes blamed for mail delays
WASHINGTON (AP) — With heated debate over mail delays, the House approved legislation in a rare Saturday session that would reverse recent changes in U.S. Postal Service operations and send $25 billion to shore up the agency ahead of the November election. Speaker Nancy Pelosi recalled lawmakers to...
Longtime Amazon executive Jeff Wilke to retire next year
NEW YORK (AP) — Amazon's retail chief Jeff Wilke, who helped the company transform itself from an online bookstore into a global colossus, is retiring early next year. Wilke, 53, has been with Amazon for more than two decades and was regarded as a potential successor to founder and CEO Jeff Bezos. His...
Amazon, Meritage Homes rise; Kohl's, Big Lots fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Advance Auto Parts Inc., up $1.85 to $162.85. The auto parts retailer handily beat analysts' second-quarter profit forecasts thanks to surging sales. Kohl's Corp., down $3.44 to $20.01. The department store operator expects the...
Inside Big Tech: Pulling back the curtain with 'hot' email
WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case at a hearing that seemed almost like a trial for Facebook and three other tech...
LOADING MORE STORIES
