Tag AMZN

The action comes over contract negotiations and the company’s refusal to recognize the Teamsters labor union...

Teamster Strike Hits Amazon Warehouses During Holiday Rush...

All three major US stock indexes were up in late-morning trading, bouncing back from a late-afternoo...

Amazon workers at several locations launched a strike Thursday morning as their union, Teamsters, said the e-commerce giant has repeatedly refused to negotiate with them...

Morning Brief anchors Seana Smith and Brad Smith detail the latest corporate news moving markets. Amazon (AMZN) employees across four states initiated a strike Thursday morning after Amazon executives shut down the International Brotherhood of Teamsters' calls for negotiations. Amazon disputes the Teamsters' role, stating the union doesn't represent its workers and has "intentionally misled the public." Foxconn (2354.TW, 601138.SS) is reportedly discussing the purchase of stockholder Renault's (RNO.PA) shares in Nissan (NSANY), according to the Central News Agency. This development comes as Nissan explores potential merger opportunities to address financial challenges. Volkswagen (VWAGY, VOW3.DE) is approaching a new labor agreement that would maintain German factory operations and protect jobs through 2030, according to Bloomberg. The proposed deal would require workers to forfeit their bonuses. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...

The company noted that the new packaging reduces ink usage and emissions and has an increased recycled fibre content...