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Amazon (AMZN) is facing an antitrust lawsuit that may have been years in the making from current FTC Chair Lina Khan. Going as far back as her time in law school, Khan argued that the current antitrust laws don't do enough to police big tech companies, with Amazon as the center of her thesis. Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down the details of the lawsuit as well as statements from both sides of the case. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

(Bloomberg) -- About once a week, Bernie Thompson gets a “take action” email from Amazon.com Inc. Online sellers like Thompson dread these messages because it means the e-commerce giant has discovered one of their products is selling for a lower price on a competing website. Unless he adjusts the price, Thompson says, Amazon could make his merchandise virtually invisible to shoppers.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlRepublican Moderates Turn...

Shares of Google parent Alphabet, Facebook parent Meta Platforms, and Amazon.com have bolstered shareholders’ portfolios this year. But none of the three pay cash dividends...

Panay, who was with Microsoft for more than 19 years and helmed the creation of the Surface line of computers, will take up the new role in October, Amazon said on Wednesday. He will replace Amazon veteran Dave Limp, who announced plans to step down later this year, joining other longtime executives at the division who left the company last year. Though relatively small within Amazon's sprawling empire, the device unit has been symbolically important as a gadget testing ground and Alexa's public face through voice-assistant devices...

Former Microsoft product chief Panos Panay will lead Amazon.com's struggling unit responsible for the firm's Alexa and Echo products. Panay, who was with Microsoft for more than 19 years and helmed the creation of the Surface line of computers, will take up the new role in October, Amazon said on Wednesday. He will replace Amazon veteran Dave Limp, who announced plans to step down later this year, joining other longtime executives at the division who left the company last year...

The jobs market is deteriorating, excess Covid savings have been spent, and consumer debt is rising as are credit card loss rates. Read more here...

Shopify stock has experienced a bull run and outperformed the market over the last year, but is the bull run over? Read more to see a detailed analysis on SHOP...

Costco stock falls after the warehouse retailer didn't increase membership fees, MillerKnoll surges after raising its fiscal 2024 profit outlook, and Mattel and Hasbro are both initiated at Overweight at Morgan Stanley...

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