Ten years after Amazon launched Prime Day in 2015, this year's version of the online shopping and discount extravaganza is unlike any other in the company's history...
Continue ReadingAmazon's Prime Day kicks off to a slower than expected start as early spending drops 14% compared to 2024. Bloomberg's Spencer Soper joins Caroline Hyde on "Bloomberg Tech" to discuss the tariff impact on retailers and shoppers...
Continue ReadingAmazon's annual sale is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own competing sales alongside the popular shopping event...
Continue Reading(Reuters) -The U.S. Federal Trade Commission on Tuesday called on Amazon.com and Walmart to crack down on third-party sellers that make deceptive "Made in USA" claims on the retailing giants' online marketplaces. In letters to Amazon and Walmart, the FTC said it had learned of several instances where third-party sellers falsely claimed their products were made in the United States. The FTC urged both companies to take "corrective action" against sellers whose "Made in USA" claims violate federal law and Amazon's and Walmart's codes of conduct...
Continue ReadingInvestors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies...
Continue ReadingAmazon Robotics Vice President Scott Dresser explains how robots are helping Amazon employees deliver on Prime Day. He speaks on "Bloomberg The Close."...
Continue ReadingConsumer stocks were lower late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund...
Continue ReadingWalmart aims to compete with Amazon yet again. Is this year different?...
Continue ReadingStock of the day Fabrinet owns about 50% of the outsourced optical communications manufacturing market...
Continue ReadingAmazon's (AMZN) longest Prime Day sale is underway, starting Tuesday, July 8 and running until Friday, July 11. Yahoo Finance Senior Reporter Allie Canal examines Amazon stock's price action and what the market could learn about the health of the consumer from the sale. To watch more expert insights and analysis on the latest market action, check out more Opening Bid here...
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