Amazon-Backed Health Venture to Shut Down
The Haven venture with Berkshire Hathaway and JPMorgan apparently ran into logistical problems after promising to disrupt corporate health care.
Amazon Opens Online Pharmacy
“The news represents a disruption to the system and competitive threat that will likely shift scripts away from the retail channel.”
EU Charges Amazon With Antitrust Violations
Regulators say Amazon illegally uses nonpublic data that it collects from sellers on its retail platform to boost sales of its own-label products.
House Urges Reforms to Curb Big Tech Firms
Facebook, Google, Amazon and Apple "have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons."
Ex-Amazon Employee Accused of Insider Trading
The manager in Amazon's tax department allegedly made illegal trades with two family members ahead of the company's earnings announcements.
Walmart to Launch Subscription Service This Month
The retailer’s new $98 a year subscription program is expected to compete with Amazon Prime.
Tech Giants Sued Over Photos in Facial Recognition Database
Microsoft, Amazon, and Google allegedly used pictures collected without consent to train their technologies.
CFOs On the Move: Week Ending June 26
Jones Lang LaSalle, Mattel, Six Flags, Dachser, Palo Alto Networks, Confluent, Aerospace, Harvest, GEON Performance Solutions
Amazon, Goldman to Offer SMB Credit Lines
In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
Amazon’s Q1 Profit Dips on COVID Response
The company expects to plow its entire Q2 operating profit back into "getting products to customers and keeping employees safe.”
Amazon’s Labor and Whistleblower Laws Questioned
The New York Attorney General is investigating the e-commerce giant’s response to safety concerns raised by workers during the pandemic.