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Amazon post 2Q loss but revenue tops estimates, stock jumps

NEW YORK (AP) — Amazon on Thursday reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its...

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What is the Future of Streaming Services?

As Netflix (NASDAQ: NFLX) subscribers dwindle, the streaming giant embraces advertising. Here we consider the outlook for this, and several other,...

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Amazon to buy primary care provider One Medical for $3.9B

Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another...

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Amazon sues admins of 10K Facebook groups over fake reviews

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money...

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Amazon Prime Day: What consumers are buying

Amazon will be offering discounts on a variety of items during its two-day Prime Day shopping event that began Tuesday.

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Retailers scale back hiring as worry about a slowdown grows

NEW YORK (AP) — After going on a frenzied hiring spree for a year and a half to meet surging shopper demand, America's retailers are starting to...

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Wall Street expects inflation squeeze on 2Q earnings

NEW YORK (AP) — Inflation tightened its grip on businesses and consumers during the second quarter and investors expect to see a dent in the latest...

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Amazon, Rite Aid cap purchase of emergency contraceptives

NEW YORK (AP) — Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps...

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Maryland Apple workers face hurdles after vote to unionize

TOWSON, Md. (AP) — The historic vote by employees of a Maryland Apple store to unionize — a first for the technology giant — is a significant step...

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Apple workers vote to unionize at Maryland store

TOWSON, Md. (AP) — Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin Saturday, a union said, joining a ...

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FTC Chair Khan plans key work on kids' data privacy online

WASHINGTON (AP) — The head of says the agency is pushing a robust agenda of actions and policies to help safeguard children's privacy online.

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Amazon to close Kindle bookstore in China, halt device sale

Amazon said Thursday that it will shut down its digital Kindle bookstores in China and stop selling the device to retailers in the country to...

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Retailers' troubles sound the alarm for rest of economy

NEW YORK (AP) — The fastest inflation in 40 years squeezed retailers during the first quarter, alarming investors worried about the broader...

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NY agency files discrimination complaint against Amazon

A state agency in New York has filed an administrative complaint against Amazon, alleging the e-commerce giant discriminated against pregnant and...

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A Bezos-Biden squabble: Can corporate taxes tame inflation?

WASHINGTON (AP) — Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet from...

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Parents swap, sell baby formula as Biden focuses on shortage

WASHINGTON (AP) — President stepped up his administration's response to a nationwide Thursday that has forced frenzied parents into online groups...

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