Amazon Profit Dives on One-Day Shipping Costs
“There’s a lot of cost in the short run” from expanding the free one-day delivery program, CFO Brian Olsavsky says.
U.S. Supreme Court Denies Amazon Bid to Block Worker Suit
Warehouse employees say they should be paid for time spent in security screenings.
eBay Matches Amazon With Logistics Option
A new eBay service will enable merchants to store inventory in strategically located warehouses, resulting in faster delivery times.
Alibaba Seeks Share of U.S. B2B E-Commerce
Alibaba's move to open its platform to U.S. sellers puts it "in direct competition with Amazon in the business-to-business online marketplace."
Amazon to Spend $700 Million to Upskill Employees
The retail and tech giant will expand its training programs to help employees move into more advanced roles.
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Amazon Profit Doubles to Record $3.6B in Q1
The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
Don’t Break Up Big Tech Firms: Former Antitrust Regulator
Calls for regulating companies like Amazon, Facebook, and Google out of existence are misguided, says Canada's former competition commissioner.
Ford Names Ex-Amazon Exec Tim Stone as CFO
The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."
Where Should Companies Plant Their Stakes?
New York remains the most attractive city in the world for doing business, but San Francisco is on track to surpass it in the future: Global Cities Report.
Amazon Posts Record Earnings But Stock Falls
“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."