91��Ƶ

Amazon.com has signed a deal with Cargojet Inc. that would allow the online retailer to buy a stake in the Canadian cargo carrier.

Amazon.com, criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales.

Amazon.com on Aug. 21 opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the world’s fastest-growing retail markets.

Amazon.com Inc. is designating products sold by certain companies as “top brands,” a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.

FedEx Corp.’s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.

Amazon said Aug. 6 that its six-wheeled self-driving robots, about the size of a smaller cooler, will begin delivering packages to customers in Irvine, Calif., after testing them in a suburb of Seattle earlier this year.

Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”

SEATTLE — A theft ring in Washington state sold millions of dollars’ worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show.

EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.