The Seattle-based e-commerce giant is leasing the 862,000-square-foot warehouse in Logistics Property Co.'s Frederickson ONE development. The building is expected to open this quarter...
Continue ReadingWrangling over the tax affairs of US tech companies has not. Amazon investors will next month vote on a shareholder proposal asking it to produce a tax transparency report, one aligned with global standards that include country-by-country reporting of taxes paid. Given the history of aggressive tax planning by US multinationals, it is bizarre that this is thought to be the first time shareholders will opine on a tax-related proposal...
Continue ReadingU.S. Senator Bernie Sanders on Tuesday called for President Joe Biden to issue an executive order to cut off federal contracts to Amazon.com Inc until the e-commerce company stops what he described as "illegal anti-union activity."...
Continue Reading(Bloomberg) -- Microsoft Corp. reported quarterly sales and earnings that topped analysts’ projections, fueled by robust growth in cloud-services demand. Shares jumped as much as 6.9% in late trading.Most Read from BloombergRussia to Cut Gas to Poland and Bulgaria, Making Energy a WeaponRussia Warns of Nuclear War Risk as Ukraine Talks Go OnElon Musk Lands Deal to Take Twitter Private for $44 BillionUkraine Latest: Lavrov Warns of Nuclear War; Biden Names EnvoyTech Stocks Fall Postmarket on Drag...
Continue ReadingThe survival thriller 'The Wilds' returns, 'The Kids in the Hall' reassemble and Freevee premieres a 'Bosch' spinoff...
Continue ReadingAfter the close on Thursday (April 28), Amazon (AMZN) will take its turn to deliver Q1’s financials. 2021 was a year in which the ecommerce giant had to contend with what Monness’ Brian White calls the “post-lockdown blues,” which impacted Amazon’s ecommerce sales. But now, the company has a whole new set of unwanted developments to fend off. Inflation is a burden and following a worker victory in Staten Island, unions are “knocking on Amazon’s door.” And the stock hasn’t been immune to the mark...
Continue ReadingThe federal agency's report noted how some employees did not recall that a north restroom was the designated shelter-in-place area, and did not recall participating in any severe weather drills. Some employees took shelter in a restroom on the southern part of the building instead...
Continue ReadingThe U.S. Occupational Safety and Health Administration issued a https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/OSHA22599Amazon%20HAL%20-%205a1%20Letter%204.26.22.pdf hazard alert letter to Amazon.com Inc on Tuesday after six contractors were fatally injured and.....
Continue ReadingThe U.S. Occupational Safety and Health Administration issued a https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/OSHA22599Amazon%20HAL%20-%205a1%20Letter%204.26.22.pdf hazard alert letter to Amazon.com Inc on Tuesday after six contractors were fatally injured and another was severely injured when a tornado struck Amazon’s Edwardsville, Illinois, warehouse in December 2021. OSHA did not issue any violations or citations after the warehouse collapse following the Category 3 tornado, saying that Amazon's severe weather emergency procedures met minimal federal safety guidelines for storm sheltering...
Continue Reading(Bloomberg) -- Google parent Alphabet Inc. reported first-quarter revenue that fell short of analysts’ expectations, a rare miss for the technology giant reflecting slower ad sales in Europe and a lackluster performance by its YouTube video service. The shares declined about 6% in extended trading.Most Read from BloombergRussia to Cut Gas to Poland and Bulgaria, Making Energy a WeaponRussia Warns of Nuclear War Risk as Ukraine Talks Go OnElon Musk Lands Deal to Take Twitter Private for $44 Billi...
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