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AMZN

Amazon hits US sellers with surcharge to offset inflation and fuel costs

Amazon is adding a 5 per cent surcharge to its delivery fees in response to rising fuel costs and inflation, the company told its third-party sellers on Wednesday. The fee, which takes effect April 28, will be applied to US sellers using Amazon’s logistics network to deliver products, known as Fulfillment By Amazon. While the company does not disclose how many packages it ships, an estimate from logistics consultancy MWPVL suggested 3.25bn packages from third-party sellers were sent to US customers via Fulfillment By Amazon in 2021...

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AMZN

Amazon to charge merchants 5% surcharge for fulfillment services as fuel costs rise

Amazon.com Inc on Wednesday said it will impose an average 5% fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs...

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AAPL AMZN

Enjoy Stankey's New AT&T And Keep The WBD Shares

The historic merger was finally closed on Friday, as the two entities parted ways and have started to trade independently from each other starting this week...

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AMZN

UPDATE 1-Amazon to charge merchants 5% surcharge for fulfillment services as fuel costs rise

Amazon.com Inc on Wednesday said it will impose an average 5% fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs. It is Amazon's first such surcharge and follows months of higher wage and labor-related expenses that have chipped away at the online retailer's profit. Effective April 28, Amazon will charge an average 24 cents more per unit it stores and ships through its Fulfillment by Amazon (FBA) service...

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AMZN

How Hulu's 'The Kardashians' fits into the 'survival of the fittest' media landscape

Hulu's "The Kardashians" is set to debut — here's what the new series says about the current media landscape...

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AMZN

Amazon Adds 5% Fuel and Inflation Surcharge for Its Sellers

(Bloomberg) -- Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.Most Read from BloombergPutin Says Ukraine Talks ‘at Dead End’, Vows to Pursue WarUkraine Update: Polish and Baltic Presidents Set to Visit KyivNYC Names Person of Interest as Subway Shooter Remains at LargeU.S. Pullout of Locked-Down Shanghai Deepens China TensionsJoke No More: Shiba Inu Is A...

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AMZN

Microsoft Gets Antitrust Complaints From Aruba, Danish Firms Over Cloud

(Bloomberg) -- Italian cloud provider Aruba SpA and a group of cloud providers in Denmark are part of a high-profile complaint made against Microsoft Corp. to the European Union’s antitrust watchdog.Most Read from BloombergUkraine Update: Biden Pledges $800 Million More for WeaponsUkraine Update: Polish and Baltic Presidents Set to Visit KyivPutin Says Ukraine Talks ‘at Dead End’, Vows to Pursue WarNYC Names Person of Interest as Subway Shooter Remains at LargeCalifornia Lawyer Quits Over Allega...

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Apple: Outperforming Its FAAMNG Peers In 2022 – Here's Why

Apple has confounded tech investors in 2022 with its outperformance among its FAAMNG peers. Read why bearish investors failed to grasp how to value AAPL stock...

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AMZN

e.l.f. cosmetics, Ulta among American teens’ favorite beauty brands: Survey

Teen spending is bouncing back from pandemic lows, according to a recent survey of American teen consumer trends, and e.l.f. cosmetics (ELF) and Ulta (ULTA) are among the top beauty beneficiaries...

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AMZN

CNH Industrial announces voting results of Annual General Meeting and publishes 2021 Sustainability Report

London, April 13, 2022 Today, the Annual General Meeting (“AGM”) of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) approved the Company’s 2021 EU–IFRS Annual Report (including the Consolidated Financial Statements and Separate Financial Statements of CNH Industrial N.V.) and a dividend of €0.28 per common share (equivalent to a total distribution of approximately €380 million), and the AGM advised on the Remuneration Policy. Suzanne Heywood and Scott W. Wine were appointed as executive directors. C...

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