President Donald Trump said Tuesday (Aug. 18) that Amazon should pay more in shipping to cover the lagging finances of the U.S. Postal Service, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amazon plans to expand its “tech hubs” in six cities and fill “3,500 new tech and corporate jobs” across the U.S., the company said Tuesday (Aug. 18). The six targeted cities — Dallas, Detroit, Denver, New York, Phoenix, and San Diego — will be part...
A group that says it represents 850,000 pharmacists in India wants the government to shut down Amazon’s new pharmaceutical delivery service in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Shares of Rackspace Technology Inc. (Nasdaq: RXT) were up almost 12 percent as of 11:56 a.m. EST Monday (Aug. 17) following a Reuters report indicating that Amazon (Nasdaq: AMAZ) may buy a stake in the company. Get the Full Story Complete the form to unlock...
Amazon is facing an investigation by Germany’s national competition regulator over the eCommerce giant’s relationship with third-party sellers, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Competition Bureau of the Canadian government is probing Amazon to determine if its behavior on Amazon.ca is affecting competition “to the detriment of consumers and companies that do business in Canada,” according to a Friday (Aug. 14) statement. Get the Full Story Complete the...
Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Despite a 40 percent increase in revenue in the second quarter, Amazon has cut more than 1,200 delivery contract jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amazon has won a major victory in its push into the booming food delivery business, with the United Kingdom’s top competition watchdog giving a green light to the tech giant’s purchase of a minority stake in Deliveroo. Get the Full Story Complete the form to...
