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Continue ReadingAmazon.com Inc said on Wednesday it had opened its first brick-and-mortar clothing retail store, as people start to venture out to shop following easing COVID-19 curbs...
Continue ReadingThe conglomerate's portfolio managers could be gaining more influence over equity holdings...
Continue ReadingFB stock sells for just 14 times earnings today, but Meta Platforms could go lower if cash flow can't beat capital spending obligations...
Continue ReadingEvery year Amazon deals with a handful of shareholder proposals. This year, it's facing the most in over a decade, with challenges on pay gaps, unionization efforts and more...
Continue ReadingAmazon.com Inc faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for the retail and cloud computing giant, as socially minded investors scrutinize its treatment of workers. The increase in the number of resolutions underscores the rise of environmental, social and corporate governance (ESG)-based investing, which is spurring more shareholders to push for corporate accountability. It also reflects changes under securities regulators appointed by U.S. President Joe Biden that have made it easier for investors to file proposals and more difficult for companies to convince regulators that these resolutions should not go to a shareholder vote...
Continue ReadingThe all-together-now logistics company is signing up more players as it seeks to remake delivery...
Continue ReadingInjury rates for Amazon delivery drivers are up, a new union-backed report says. The trend is similar to one happening in warehouses...
Continue ReadingWhen Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers...
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