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.
Former NFL player Brandon Copeland teaches the importance of financial literacy
Former NFL player Brandon Copeland discusses the league's move to streaming services and his push to financially educate players on 'The Claman Countdown.'
AWS looks to help small and medium businesses leverage AI tools
AWS, a subsidiary of e-commerce and tech giant Amazon, is offering tools to help small and medium-sized businesses leverage artificial intelligence and machine learning tools.
Stuart Varney: The crown jewels of American business is under attack
'Varney & Co.' host Stuart Varney discusses the government's attempt to break up America's biggest and most powerful companies.
Amazon CEO on staff resisting return to the office: 'Probably won't work out' for them
Amazon CEO Andy Jassy recently stood firm on the company's return-to-office policy and issued a warning to employees resisting it, Business Insider first reported.
Recalled products tied to infant deaths still being sold on Meta’s Facebook Marketplace, lawmakers say
Lawmakers accused Meta of falling short on its mission to keep consumers safe by preventing the sale "of products that are known to be dangerous" on its online marketplace.
We're in a period of pain but markets will recover, Mark Avallone predicts
Potomac Wealth Advisors President and founder Mark Avallone discusses his market outlook for the summer months and the impact of rate hikes on stocks.
Amazon’s next 12 months will be ‘very important’: Jason Del Rey
Tech Business journalist Jason Del Rey joins ‘Cavuto: Coast to Coast’ to discuss Walmart and Amazon’s long-term rivalry as Walmart sales continue to surge.
Conservative Amazon alternative PublicSq. set to turn a profit in 2024, CEO says
Conservative online retail platform PublicSq. is on its way to profitability 13 months after its nationwide launch, founder and CEO Michael Seifert told FOX Business.