New tax laws around research and capital investment reduced Amazon’s U.S. corporate income taxes by more than half in 2025, even as the company’s profits rose, the Wall Street Journal reported Friday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon’s Q4 earnings call on Thursday (Feb. 5) produced the number everyone repeated: CEO Andy Jassy said Amazon expects to invest about $200 billion in capital expenditures in 2026, “predominantly in AWS,” to add capacity for AI and core cloud workloads. Get the Full Story...
Amazon is broadening the role of artificial intelligence (AI) across its business, rolling out a new generation of Alexa, exploring deeper access to OpenAI’s models and applying AI tools inside its film and television studios. Get the Full Story Complete the form to unlock this...
Amazon increased the number of items it delivered to Prime members in the United States the same or next day by 30% in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon said Wednesday (Jan. 28) that it is cutting roughly 16,000 jobs across its global workforce, marking one of the largest headcount reductions in the company’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amazon has agreed to pay $309 million to settle a class action lawsuit in which the plaintiffs claimed they were incorrectly denied refunds for product returns, Reuters reported Monday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon reportedly plans to start laying off about 14,000 corporate workers as soon as Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Amazon has launched an artificial intelligence (AI) assistant for its One Medical app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Amazon has launched its first Amazon Now site in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
