Tag: Amazon

Brazil: Police Arrest 3Rd Suspect in Amazon Deaths

BRASILIA, Brazil—Brazil’s federal police said Saturday that a third suspect in the deaths of British journalist Dom Phillips and Indigenous expert Bruno Pereira has been arrested. The pair went missing almost two weeks ago; Phillips’ killing was confirmed after forensic exams; other remains are believed to belong to Pereira. Police said in a statement that…


Remains of British Journalist Dom Phillips Found in Brazil, Minister Confirms

Human remains found buried in the Amazon rainforest have been confirmed as belonging to missing British journalist and environmentalist Dom Phillips. The identification was made on Friday, two days after a suspect had confessed to the murders of Phillips and a travelling companion,  Bruno Pereira. That suspect, fisherman Amarildo da Costa de Oliveira, earlier in the…


Belongings of Missing Men Found Tied Underwater in Amazon

ATALAIA DO NORTE, Brazil—Brazil’s search for an Indigenous expert and a journalist who disappeared in a restive area of the Amazon a week ago advanced with the discovery of a backpack, laptop, and other personal belongings of the men submerged in a river. The items were found Sunday afternoon, and were carried by Federal Police…


Amazon to Cease Gig Economy Delivery Service in 2nd Largest Market

Amazon.com Inc looks to shut down its gig economy delivery service in Germany, its second-largest market after the U.S., for undisclosed reasons, Bloomberg reports. Uber’s Flex program, which signed off in the U.S. in 2015 before expanding to Germany two years later, paid drivers to ferry packages in their vehicles from Amazon warehouses to customers’ homes. Amazon…


Amazon Says It Prevented 4 Billion Bad Listings in 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making it onto its site and got rid of more than 3 million phony products last year. The results, released Wednesday, were mixed compared with 2020, when Amazon blocked 10 billion…


Fisherman Who Saw Missing British Journalist Arrested in Brazil on Weapons Charge

RIO DE JANEIRO—Brazilian police investigating a missing British journalist and an indigenous expert in the Amazon jungle have arrested a man on a weapons charge, but have no evidence to tie him to their disappearance, police and the detainee’s lawyer told Reuters. Witnesses said they last saw Dom Phillips, a freelancer who has written for…


Amazon Stock Split May Draw Retail Traders in Tough Market

NEW YORK—Amazon’s stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this year. Amazon shares were up 3.1 percent to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday. They have fallen 24 percent year-to-date, roughly comparable to the loss…


Fears Grow for Missing UK Journalist in Brazil as Sister Makes Appeal

The wife and the sister of a missing British journalist have called on the Brazilian government to pull out all the stops to find him after he vanished in a remote corner of the Amazon rainforest. Dom Phillips, 57, has not been seen since Sunday morning when he left the village of Sao Rafael in…


British Journalist, Brazilian Expert Missing in the Amazon

RIO DE JANEIRO—A British journalist and an Indigenous affairs expert are missing in a remote part of Brazil’s Amazon region, a local Indigenous association said Monday. The area has been marked by violent conflicts between fishermen, poachers and government agents. Dom Phillips, who has been a regular contributor to the Guardian newspaper, and Bruno Araújo…


Here’s How Amazon’s Chart Looks Following 20-1 Stock Split

Amazon.com, Inc appeared to be trading more than 94 percent lower in the premarket, but the new $125 price tag on the stock is due to a 20-1 stock split, which took effect on Monday after being announced in March. The stock split prompted analysts to adjust their price targets on Amazon, with Morgan Stanley maintaining its…