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Amazon鈥檚 Jassy: AI Will Reduce Company鈥檚 Corporate Workforce

Amazon.com CEO Andy Jassy says he expects the company鈥檚 workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

June 17, 2025

Honda Debuts Four-Wheeled E-Bike for Last-Mile Delivery

Honda said June 17 it plans to start small-scale production this year of an all-electric quadricycle, called the FastPort eQuad, for last-mile delivery in North America and Europe.

June 17, 2025

Amazon, Walmart Consider Issuing Own Stablecoins: Report

Amazon and Walmart are among large multinational companies that have discussed issuing their own stablecoins in the U.S., the Wall Street Journal reported, citing unidentified people.

June 13, 2025

JBS Shares to Begin Trading on NYSE

Brazilian meat giant JBS expects its shares to begin trading June 13 on the New York Stock Exchange.

June 13, 2025

Amazon Exerts More Control Over Whole Foods

Amazon is exerting more control over Whole Foods Market, largely ending the independence the grocery chain had retained since being acquired eight years ago.

June 12, 2025

UNFI Hack Leaves Some Whole Foods Shelves Bare

In a June 9 email to customers, a representative said the company is 鈥渨orking toward the goal of returning to full operational capacity by鈥 June 15 or sooner and apologized for any disruption.

June 10, 2025

Cyberattack at United Natural Foods Affects Orders

United Natural Foods has taken some of its systems offline while it investigates 鈥渦nauthorized activity鈥 with outside cybersecurity help.

June 9, 2025

Walmart CFO Says Shoppers Remain Focused on Food, Essentials

Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.

June 6, 2025

Herc Rentals Closes $3.9 Billion Merger With H&E

鈥淭he acquisition of H&E accelerates Herc鈥檚 proven strategy and strengthens our position as a premier rental company in North America,鈥 said Herc CEO Larry Silber.

June 6, 2025

Walmart Enhances Drone Delivery in Attempt to Speed Up Orders

Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

June 5, 2025