Category: Amazon

Amazon CEO Pledges Logistics, Cybersecurity Support for Ukraine

Amazon.com Inc. is using its logistics capability to get supplies to those in need and cybersecurity expertise to help governments and companies as part of its support for Ukraine, Chief Executive Andy Jassy said on Twitter on Wednesday. “Amazon stands with the people of Ukraine, and will continue to help,” Jassy said, following Russia’s invasion…


Amazon Shuttering Its Physical Bookstores and 4-Star Shops

NEW YORK—Amazon is closing all of its brick-and-mortar bookstores, as well as its 4-star shops and pop up locations, as the online retail behemoth reworks its physical footprint. The Seattle-based company said Wednesday that the move, which affects 66 stores in the U.S. and two in the United Kingdom, will enable it to concentrate its…


Target Raises Minimum Wage for Some Jobs to $24 an Hour

U.S. retailer Target Corp. announced on Monday that it will adopt a minimum wage system that would increase starting pay for some employees by as much as $9 an hour, with the highest pay going to hires in the most competitive markets. Target, which has roughly 1,900 stores and 350,000 employees in the United States,…


NYC Macy’s Thief Arrested With Loaded Gun; Amazon Sues Companies for Fake Reviews | NTD Business

Amazon brings two companies to the court over fake reviews. it claims the companies connected sellers with consumers who would write positive reviews in exchange for free products. Trouble at America’s largest department store. Shoplifting and a loaded weapon. What can be done to prevent such incidents? A major aircraft manufacturer is investing big in…


Visa, Amazon Reach Global Agreement

Visa and Amazon have reached a global agreement that allows all customers to use their cards on the store after the online retail giant announced in November that it would stop accepting Visa credit cards issued in the United Kingdom, citing high fee charges. “We’ve recently reached a global agreement with Visa that allows all customers…


US Commission Asks Amazon to Support a Whistleblower Who Exposed Abuse at Supplier’s Chinese Factory

A bipartisan group of lawmakers on Feb. 16 sent a letter to Amazon CEO Andy Jassy, asking the U.S. retail giant to support a Chinese whistleblower, who was jailed and tortured after he exposed poor working conditions at one of the company’s suppliers in China. Tang Mingfang, 43, was formerly an engineer at electronics manufacturer…


US Commission Asks Amazon to Support Whistleblower Who Exposed Abuse at Supplier’s Chinese Factory

A bipartisan group of lawmakers on Feb. 16 sent a letter to Amazon CEO Andy Jassy, asking the U.S. e-commerce giant to support a Chinese whistleblower who was jailed and tortured after he exposed poor working conditions at one of the company’s suppliers in China. Tang Mingfang, 43, was formerly an engineer at electronics manufacturer…


Amazon Removes BLM From Charity Platform Amid Growing Concerns Over Lack of Financial Transparency

Amazon has removed Black Lives Matter from its charity platform AmazonSmile amid growing concern over the organization’s lack of financial transparency. The decision comes after BLM leaders failed to disclose detailed financial reports on up to $60 million it had received in donations. An Amazon spokesperson confirmed to The Washington Examiner that it had removed the political and social…


Amazon Tells Staff They Must Be Fully Vaccinated to Get COVID Paid Leave

Amazon has told staff at its U.S. warehouses and logistics sites that they must be fully vaccinated against COVID-19 by March if they want to receive paid leave if they contract the virus. In a Feb. 10 memo to employees obtained by The Wall Street Journal, the Seattle-headquartered company said workers have until March 18 to…


NY State Lifting Indoor Mask Mandate; Foreigners Pile Into U.S. Commercial Property | NTD Business

The state of New York lifting its “mask-or-vaccine” mandate for most indoor businesses today, what did the governor say is the reason? Amazon making a big move in the healthcare space, by expanding its tele-health services nationwide. What’s it good for? And what difficulty does one expert say the industry still faces? Foreign buyers piling into…