U.S. consumers spent $6.4 billion online in the first 24 hours of Amazon's Prime Day, according to Adobe Inc., up 6% from a year ago but short of estimates for even stronger growth.
July 12, 2023Latest News Updates From Matt Day
Amazon Prime Day Pushes Online Sales Up 6% in First 24 Hours
District of Columbia Sues Amazon for ‘Stealing’ Delivery Driver Tips
The attorney general for Washington, D.C., is suing Amazon.com Inc., seeking civil penalties for allegedly misleading consumers who thought they were tipping delivery drivers but had the money diverted to cover the couriers’ base pay.
December 7, 2022Amazon Air Cargo Flights Grow at Slower Pace
Amazon .com Inc.’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that the e-commerce giant is adjusting to slackening demand.
September 20, 2022Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
August 1, 2022Amazon Falls, Projects Slower Growth as Online Sales Stall
Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.
April 28, 2022Amazon to Invest $1 Billion in Logistics, Robotics Companies
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.
April 21, 2022Amazon Stops Sending Products to Russia
Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.
March 9, 2022Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over
Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.
October 28, 2021Amazon Tries to Calm Fears Over Supply Chain Woes
Amazon .com Inc. is talking up the size of its delivery operation to ease public alarm that a supply chain crisis could strangle holiday shopping.
October 25, 2021Amazon Lottery Offers Vaccinated Workers Cars, $500,000 Cash
Amazon.com Inc. will offer cash prizes of as much as $500,000 as well as cars and vacation packages to frontline employees who can prove they have been vaccinated against COVID-19.
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