Latest Amazon.com Inc News

Amazon eyes 125K more hires, $18+ per hour average salary

Sep. 14, 2021 10:08 AM EDT

Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. Competition for hourly workers has become fierce, and many companies are offering higher...

Online shopping, highways leading to Delaware warehouse boom

Sep. 04, 2021 09:02 AM EDT

WILMINGTON, Del. (AP) — In the largest buildings being constructed today in Delaware, nothing is made or sold. The need to store, sort and deliver products to customers is driving the state’s latest building boom. It’s a trend nationwide as e-commerce continues its...

Amazon says it's looking to hire 55,000 people

Sep. 01, 2021 11:54 AM EDT

NEW YORK (AP) — Amazon is going on another hiring spree. The company said Wednesday that it plans to hire 55,000 people around the world, with about 40,000 of those roles in the U.S. Amazon said all the open roles are for tech jobs and corporate...

Synaptics, Amazon rise; Entergy, United Airlines fall

Aug. 30, 2021 16:31 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Amazon.com Inc., up $71.94 to $3,421.57. The internet retail giant announced a deal with payments company Affirm to offer a buy-now-pay-later option without a credit...

Walmart to launch delivery service for other businesses

Aug. 24, 2021 15:06 PM EDT

NEW YORK (AP) — Walmart said Tuesday it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers' products directly to their customers' homes as fast as just a few hours. The nation’s largest...

Brighter outlook from Macy's, Kohl's after sales bounce back

Aug. 19, 2021 13:00 PM EDT

NEW YORK (AP) — A return, at least temporarily, to near normalcy is giving a boost two of America's largest department stores hit hard by the pandemic last year. Macy's and Kohl's raised their projections for 2021 Thursday after easily beating expectations in the...

Americans spent less in July as COVID-19 cases surged

Aug. 17, 2021 10:09 AM EDT

NEW YORK (AP) — Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores. Retail sales fell a seasonal adjusted 1.1% in July from the month before, the U.S. Commerce Department said Tuesday. It was a much larger drop...

Amazon, Pinterest fall; Charter, DexCom rise

Jul. 30, 2021 16:31 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Amazon.com Inc., down $272.33 to $3,327.59. The internet retail giant reported weak second-quarter revenue and gave investors a disappointing revenue forecast. ...

Amazon's sales growth slows as pandemic shopping surge eases

Jul. 29, 2021 19:49 PM EDT

NEW YORK (AP) — The world's return to almost normalcy is slowing down Amazon's pandemic-induced sales surge. The online behemoth on Thursday posted better-than-expected second-quarter profits. But it delivered sales results that came in short of expectations and offered...

Amazon's mission: Getting a 'key' to your apartment building

Jul. 22, 2021 14:02 PM EDT

NEW YORK (AP) — Amazon is tired of ringing doorbells. The online shopping giant is pushing landlords around the country — sometimes with financial incentives — to give its drivers the ability to unlock apartment-building doors themselves with a mobile device. ...