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Amazon reports its first unprofitable year since 2014
The biggest culprit was Amazon hefty investment in the electric automaker Rivian, whose value plummeted last year. Amazon also contends with the need to recalibrate after a pandemic-era upsurge.
Jeff Bezos To Step Down As Amazon's CEO
Amazon's CEO will be Andy Jassy, the head of its cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition," Bezos says.
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3:53
'Stop Price Gouging,' 33 Attorneys General Tell Amazon, Walmart, Others
The top state law enforcement officials also told Craigslist, eBay and Facebook that they have "an ethical obligation" to root out spiking prices on hand sanitizers and other high-demand products.
ACC Takes Its Biggest Championships Out Of North Carolina, Its Home State
The decision covers eight neutral-site championships in sports ranging from women's soccer to swimming and diving and from football to golf and baseball.
PHOTOS: The Amazon Rainforest, Ablaze In Brazil
There have been 74,155 fires in Brazil so far this year, mostly in the Amazon, and about half of which have ignited in just the past month. Some world leaders are raising the alarm.
Amazon Faces Antitrust Charges From European Regulators
The EU says Amazon exploits data collected from other sellers for its own benefit. These are the first formal charges against the retail giant in a spate of antitrust probes in Europe and the U.S.
Amazon warehouse workers in Alabama vote for second time in union effort
Last year, Alabama workers voted against forming the first unionized Amazon warehouse in the U.S. Then, federal labor officials said Amazon unfairly influenced that election. Now, a re-vote begins.
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•
3:36
Amazon raises price of annual Prime membership to $139
Amazon is increasing the U.S. subscription cost to $139 a year from $119, citing more customer benefits and higher employee wages and transportation costs.
Amazon Wants To Deliver Packages Inside Your Car
The offer for now is for people who have a 2015 or newer GM car or Volvo with an active OnStar or Volvo On Call account. It's an extension of Amazon's program to deliver packages inside homes.
On Amazon, Dubious 'Antiviral' Supplements Proliferate Amid Pandemic
Federal law generally prohibits dietary supplements from claiming to treat specific diseases or viruses. Yet NPR found more than 100 products sold on Amazon that make unsubstantiated antiviral claims.
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4:03
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