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Tag: Amazon

Amazon confirms more than 18,000 layoffs, far more than originally expected

Amazon confirms more than 18,000 layoffs, far more than originally expected

By adminPosted on January 5, 2023

Amazon.com Inc.’s AMZN, -0.79% layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back Read more

J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised

Amazon to change marketplace policies in European Commission settlement

By adminPosted on December 20, 2022

The European Commission said Amazon.com AMZN, -3.35% has agreed to change marketplace policies, in an agreement that concludes two investigations into its practices. No fine was announced. Amazon has agreed Read more

Amazon CEO says more layoffs are coming in 2023

Amazon CEO says more layoffs are coming in 2023

By adminPosted on November 17, 2022

Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see if their jobs are affected. Chief Executive Andy Jassy said Thursday that while Amazon AMZN, Read more

At COP27 climate summit, Brazil's Lula says Amazon deforestation to stop

At COP27 climate summit, Brazil’s Lula says Amazon deforestation to stop

By adminPosted on November 16, 2022

Six weeks before taking power, Brazilian President-elect Luiz Inácio Lula da Silva on Wednesday told a packed crowd at the U.N. climate summit in Egypt that his administration would crack Read more

Beverly Hills mansion donated to charity by Jeff Bezos ex-wife MacKenzie Scott sells for $37 million

Beverly Hills mansion donated to charity by Jeff Bezos ex-wife MacKenzie Scott sells for $37 million

By adminPosted on November 12, 2022

It was owned by Jeff Bezos, donated to charity by his philanthropist ex-wife MacKenzie Scott and now it’s been snapped up by a music executive. The recent history of this Beverly Read more

If you believe in Amazon, its stock is now a bargain after falling 34% this year

These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data

By adminPosted on November 10, 2022

What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising Read more

If you believe in Amazon, its stock is now a bargain after falling 34% this year

These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data

By adminPosted on November 10, 2022

What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising Read more

Amazon stock breaks long-term chart support, and the worst may still be to come

Amazon has launched a cost-cutting review focused on unprofitable business units

By adminPosted on November 10, 2022

Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable, according to people Read more

Apple, Pepsi among newest to join alliance buying greener concrete and steel

Apple, Pepsi among newest to join alliance buying greener concrete and steel

By adminPosted on November 8, 2022

PepsiCo Inc., Apple Inc. and Rio Tinto PLC can be counted among the newest members of a corporate alliance committing $12 billion to purchasing near-zero-carbon steel, aluminum, cement and other products with the intention Read more

Amazon stock breaks long-term chart support, and the worst may still be to come

Amazon stock breaks long-term chart support, and the worst may still be to come

By adminPosted on November 4, 2022

Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. Read more

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