JCPenney, Target, Amazon lead holiday hiring spree: Here’s the full list
Major retailers already started gearing up for the holiday season by announcing hiring plans. The companies are trying to ensure there is a robust workforce to handle the rush.
Microsoft's LinkedIn laying off nearly 700 workers
Microsoft’s subsidiary social media platform LinkedIn said it was reducing around 668 jobs in the engineering, product, talent and finance teams.
Jeff Bezos adds to Florida real estate footprint
Amazon founder Jeff Bezos reportedly made another real estate purchase on the island in Florida sometimes called "Billionaire Bunker." FOX Business takes a look at his reported properties.
Should investors buy Meta if they don't believe in the Metaverse?
Evercore ISI senior managing director Mark Mahaney explains why he expects Amazon and Meta stock prices to go much higher on 'Varney & Co.'
Amazon Web Services CEO says AI will 'be used for tremendous good'
Amazon’s cloud CEO Adam Selipsky said that artificial intelligence is "going to be incredible" and that "policymakers need to think appropriately about not stifling innovation."
Amazon delivery driver in Virginia looses cool over parking issue, assaults male victim: Police
An Amazon delivery driver is facing charges after allegedly assaulting a man over a parking spot disagreement.
Meta, Alphabet shares near 52-week highs
The stock values of Meta and Alphabet are on pace for their best sessions of the year Wednesday, helping the Nasdaq Composite lead the broader U.S. stock averages.
Softening consumer is having a ‘negative’ impact on Amazon’s stock: Mark Mahaney
Evercore ISI senior managing director Mark Mahaney joins ‘Varney & Co.’ to discuss Amazon’s stock price ahead of the market opening.
Amazon dials up AI race with $4B investment
Amazon is pushing deeper into artificial intelligence with its $4 billion investment in San Francisco-based AI start-up Anthropic, a company specializing in generative AI safety and research capabilities.
Amazon sued by FTC and 17 states for allegedly inflating online prices
The FTC and 17 state attorneys general sued Amazon over claims that the company illegally maintains its monopoly power, which drives up prices for consumers.
Bezos' Blue Origin replacing CEO with Amazon exec
Blue Origin, Amazon founder Jeff Bezos' aerospace company, is replacing chief executive Bob Smith with Amazon executive Dave Limp, the company confirmed Monday.
Amazon delivery drivers reportedly consider future after UPS deal with Teamsters
Some Amazon drivers are reportedly pondering their futures making deliveries for the e-commerce giant after UPS and the Teamsters union came to an agreement.
Amazon Prime Video to include ads in 2024 — unless users pay $2.99 a month to get rid of them
Amazon says “limited advertisements" are coming to its Prime Video service next year, and subscribers who don’t want to see them will have to pay an additional $2.99 a month.
FTC may file antitrust suit against Amazon next week: report
The Federal Trade Commission is reportedly planning to file an antitrust lawsuit against Amazon next week that may cover Prime, logistics, advertising and other business units.
AI and the cloud to unlock billions in annual productivity gains for small and medium businesses: report
Amazon Web Services and Accenture released a report finding that U.S. small and medium businesses can unlock nearly $80 billion in annual productivity gains with the cloud and AI.
UAW strike's impact on economy is 'more of a temporary blip' : Brad McMillan
Commonwealth Financial Network Chief Investment Officer Brad McMillan discusses the impact of the UAW strike on the economy, the Federal Reserve's anticipated rate decision and his outlook on the markets.
Florida Amazon delivery driver in ‘serious condition' after ‘highly venomous' rattlesnake bite
An Amazon delivery driver is still reportedly in serious condition at a hospital after being bitten by a rattlesnake on the job in Florida.
Amazon hiring 250,000 workers for 2023 holiday season
As part of this year's holiday hiring blitz, Amazon is seeking to fill 250,000 seasonal workers. Last year, the company only sought to hire 150,000 workers.
Instacart raises IPO price range after Arm's strong Wall Street debut
Instacart controls about 22% of the $132 billion U.S. online grocery-delivery market, according to Evercore. The company said it had 5.1 million users as of June 2023.
Amazon, Apple, Microsoft, other big tech firms designated ‘gatekeepers’ by EU
Gatekeepers will be required to make their messaging apps interoperate with competitors, allowing users to decide which apps to pre-install on their devices.