Amazon

Amazon
Amazon Sets Single-Day Market Cap Gain Record
February 04, 2022

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...

Amazon
Amazon Workers in Alabama Prep for Union Bid Vote After Regulator Ordered Second Vote 
February 02, 2022

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
US Regulator Confirms Amazon Employees in Staten Island Can Hold Union Vote
January 28, 2022

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
Amazon Air Takes Off in Wichita With Express Delivery
January 24, 2022

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...

Amazon
Amazon UK Changes Course, Decides to Accept Visa After All
January 17, 2022

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...

Amazon
Financial Conflict Forces Judge From Amazon Case
January 11, 2022

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
Amazon Cuts Paid Leave Time for Workers With COVID
January 09, 2022

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...

Amazon
Amazon Pharmacy is a Year Old and Making Bold Moves Under New Leadership
December 28, 2021

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...

Amazon
New Amazon Health Lead May Take a Page From Prime Membership Model on Healthcare
December 16, 2021

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...