Category: Amazon

Amazon Workers Embracing Great Resignation; Biz Activity Growth Slows to 18-Month Low | NTD Business

Business growth in the U.S. slowing down, thanks to the omicron variant, supply chain bottlenecks not helping either, we talk to a manufacturer and see how they are managing. Peloton suffering another PR crisis, what happened, and why is one investor calling on the company to fire its CEO? Amazon reportedly facing a worker crisis,…


Bears Grab Ahold of Amazon Stock as Market Falls Into Turmoil: What’s Next?

Amazon.com Inc. gapped down under a key psychological upper level at the $3,000 mark on Friday morning and then slid about 3 percent lower before bouncing temporarily and dropping toward the low-of-day again. The tech giant has plummeted almost 10 percent this week and is down more than 21 percent off its all-time high of $3,773.08….


Is Amazon’s Stock Overvalued Or Undervalued?

Amazon.com, Inc. shares have underperformed the S&P 500 in the past year, generating a total return of 0.37 percent. Amazon is still putting up impressive growth numbers. But with a $2.33 trillion market cap, some investors are wondering if there’s any value left in Amazon stock. Earnings A price-to-earnings ratio (PE) is one of the most…


Djokovic Has Stake in COVID-Treatment Firm; China Cuts Lending Rates To Boost Economy | NTD Business

Amazon opening its first physical store for clothing, where will it be, and what will you find there? The CEO of a biotech firm revealing that the world’s top tennis star and his wife own most of the company. What’s it working on? China cutting a key interest rate for the second time in just…


Amazon to Open First Physical Clothing Store: What Investors (And Shoppers) Need to Know

While many retail companies work to expand their online presence, e-commerce juggernaut Amazon.com Inc is bringing its clothing shopping experience to the physical world. What Happened Amazon on Thursday announced its first-ever physical fashion store, Amazon Style. Amazon Style aims to combine the best features of shopping on Amazon.com with an in-store shopping experience “built to inspire.” The first Amazon Style…


Amazon Opening Fashion Store Where Machine Learning Algorithms Recommend Items to Customers

Amazon is opening a brick-and-mortar clothing store this year that provides customers with a high-tech shopping experience, the company announced Thursday. The first Amazon Style store will open later this year at The Americana at Brand, a large shopping, dining, entertainment, and residential complex located in Glendale, California, the company said. Customers will be able to…


Family of Tornado Victim File Wrongful Death Lawsuit Against Amazon Over Warehouse Collapse

The family of a delivery driver who died in December when a tornado hit an Amazon warehouse in Edwardsville, Illinois, has filed a wrongful death lawsuit, their lawyers announced on Sunday. Austin McEwen, 26, a resident of Edwardsville and an independent contractor of Amazon, was working as a driver for an Amazon Delivery Service Partner when the tornado struck, leading…


Amazon Halts Ban on UK-Issued Visa Credit Cards

LONDON—Amazon.com said on Monday it would not stop accepting UK-issued Visa Inc. credit cards on its British website later this month as it had proposed, adding that it was working with Visa to resolve a dispute over payment fees. “The expected  change regarding  the use of  Visa credit  cards  on Amazon.co.uk  will no longer take…


White House Will Meet Executives From Apple, Amazon, IBM to Discuss Software Security

The White House will meet executives from leading tech firms, including Alphabet-owned Google, Apple Inc., and Amazon.com Inc., on Thursday to discuss software security after the United States suffered several major cyberattacks last year. In December, White House National Security Advisor Jake Sullivan sent a letter to chief executives of tech firms after the discovery…


US Labor Board Sets Dates for Union Vote at Amazon Warehouse in Alabama

SAN FRANCISCO—The U.S. National Labor Relations Board said on Tuesday that it will send unionization ballots to workers at an Amazon.com Inc. warehouse in Bessemer, Alabama on Feb. 4. Ballots in the election, which is a re-run after the NLRB found Amazon interfered in the vote last year, will be counted starting on March 28,…