BBVA selects Amazon's (AMZN) AWS to accelerate its data-driven transformation...
Continue ReadingMozelle Thompson, Former FTC commissioner, joins 'Closing Bell Overtime' to discuss the FTC's lawsuit against Amazon regarding Prime enrollment practices...
Continue ReadingVermont Senator Bernie Sanders is no fan of Amazon's employee safety policies and is rolling out a new investigation to probe the retail giant's warehouse working conditions. Sanders, the chairman of the Senate Committee on Health, Education, Labor, and Pension Committee, opened the investigation on June 20, citing Amazon's "abysmal safety record" in its warehouse operations. Not surprisingly, Sanders believes Amazon's "endless pursuit of profits" is tied to the charges...
Continue ReadingAmazon has announced Prime Day 2023 shopping dates. Learn some tips and tricks so you're ready to shop the best Prime Day deals...
Continue ReadingThe retailers' summer deals events will overlap, giving consumers options as they hunt for the best bargains...
Continue ReadingCrowdStrike has likely reached the end of its recent surge with a bull trap in place. Find out why we're revising our rating on CRWD stock from hold to sell...
Continue ReadingThe commission says the e-commerce company tricked some people into signing up for Prime - and made it difficult to cancel the service...
Continue ReadingAmazon is being sued by the FTC over alleged 'deceptive' Prime membership sign-up and cancelation practices. Yahoo Finance tech reporter Allie Garfinkle details all the latest Amazon news...
Continue Reading[The Federal Trade Commission is suing Amazon](https://www.ftc.gov/news-events/news/press-releases/2023/06/ftc-takes-action-against-amazon-enrolling-consumers-amazon-prime-without-consent-sabotaging-their) for attempting to enroll consumers in Amazon Prime without their consent and complicating efforts to cancel subscriptions...
Continue ReadingWASHINGTON—The Federal Trade Commission sued Amazon.com on Wednesday, alleging the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program. The FTC’s complaint, filed in federal court in Seattle, alleged that Amazon has duped millions of consumers into enrolling in Amazon Prime, a subscription service costing $139 annually. “Amazon tricked and trapped people into recurring subscriptions without their consent, not only frustrating users but also costing them significant money,” FTC Chair Lina Khan said in a statement...
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