Amazon on Friday (Feb. 4) set the one-day record for biggest jump in market value for a U.S. company, one day after Meta Platforms, Inc. — the parent company of Facebook — set the ignominious distinction of the biggest single-day market capitalization loss, The Wall...
More than 6,100 Amazon employees at an Alabama warehouse are set to take their second vote to unionize on Friday (Feb. 4), The Wall Street Journal reported. The National Labor Relations Board (NLRB), an independent federal agency created by Congress to assure fair labor practices,...
Amazon workers in a New York warehouse have met the requirements to hold a union election, according to multiple reports on Wednesday (Jan. 26). The U.S. National Labor Relations Board (NLRB) confirmed the workers at the Staten Island facility have received at least 30% of...
Amazon Air recently broadened its network into Kansas with a regional gateway facility at Wichita Eisenhower National Airport that will offer express delivery to Prime customers across the region, according to a FreightWaves report Friday (Jan. 21). The private airline debuted its daily cargo service...
After deciding to drop Visa as a payment option in the U.K. effective Wednesday (Jan. 19), Amazon has reversed its position and emailed customers to announce that the ban has been reversed, according to multiple news outlets Monday (Jan. 17), including Bloomberg. Amazon had said...
A U.S. district court judge has stepped down from a long-running Amazon civil case following a news article that revealed his family owned stock in the retail giant. As The Wall Street Journal reported Tuesday (Jan. 12), Judge Liam O’Grady had ruled in Amazon’s favor throughout his...
Amazon will be cutting paid leave time for the front-line workers in the U.S. who test positive for COVID-19, CNBC reported Friday (Jan. 7). Those workers will now be eligible for a week, or up to 40 hours, of paid leave — a change from...
It’s been just over a year since the launch of Amazon Pharmacy, and while performance stats are hard to come by, the service is clearly central to Amazon’s larger healthcare aspirations. In early December came news that former Amazon Prime chief Neil Lindsay is taking...
On the news that Amazon’s Neil Lindsay, who had been senior vice president of Prime and marketing, will now lead the eCommerce titan’s Amazon Care health unit, it’s worth considering how his experiences running Prime may inform and shape the company’s future healthcare offerings. Keep...
