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international business
A divided Amazon Labor Union lurches toward leadership election two years after historic win
FILE - The Amazon logo is seen in Douai, northern France, Thursday, April 16, 2020. Amazon said Wednesday, April 3, 2024, it's cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. (AP Photo/Michel Spingler, File)
technology
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
FILE PHOTO: An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. REUTERS/Gonzalo Fuentes/File Photo
world
Chance Perdomo, star of ‘Chilling Adventures of Sabrina’ and ‘Gen V,’ dies in motorcycle crash at 27
This undated photo provided by Shelter PR shows Chance Perdomo. Perdomo, who rose to fame as a star of “Chilling Adventures of Sabrina” and “Gen V,” has died at age 27, following a motorcycle crash, his publicist said, Saturday, March 30, 2024. (Gray Hamner/Chance Perdomo and Shelter PR via AP)
technology
Amazon loses court fight to suspend EU tech rules’ ad clause
FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo
technology
Apple, Google and Meta targeted in EU’s first Digital Markets Act probes
FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves Herman/File Photo
international business
Amazon workers at U.K. warehouse strike again over pay, union recognition
Protestors stand during industrial action outside the Amazon warehouse, in Coventry, Britain March 19, 2024. REUTERS/Molly Darlington
investment ideas
AI frenzy puts Nvidia ahead of Amazon in market value
FILE PHOTO: A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake/File Photo
report on business
Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come
FILE - Amazon CEO Jeff Bezos speaks at the Amazon re:MARS convention in Las Vegas on June 6, 2019. Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion on Feb. 7, 2024, and Feb. 8. (AP Photo/John Locher, File)
football
Amazon Prime Video will carry an NFL playoff game next season, according to reports
FILE - The price of Amazon stock is shown on a screen at the Nasdaq MarketSite, Wednesday, Dec. 20, 2017, in New York. Amazon reports their earnings on Thursday, Feb. 1, 2024. (AP Photo/Mark Lennihan, File)
international business
Amazon steers consumers to higher-priced items in order to earn extra fees, U.S. lawsuit claims
FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo
report on business
Amazon to cut a few hundred jobs at health care units
FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo
international business
Amazon asks judge to toss U.S. class action over Prime benefits
FILE - An Amazon company logo is seen on the facade of a company's building in Schoenefeld near Berlin, Germany, on March 18, 2022. Amazon has called off its proposed acquisition of iRobot, with the ecommerce giant blaming "undue and disproportionate regulatory hurdles." The companies said in joint statement Monday, Jan. 29, 2024 that they “entered into a mutual agreement to terminate their announced acquisition agreement." (AP Photo/Michael Sohn, File)
inside the market
Market movers: Stocks that saw action on Friday - and why
A flare stack lights the sky from the Imperial Oil refinery in Edmonton Alta, on Friday December 28, 2018.
report on business
Amazon beats estimates on AI-fuelled cloud, ecommerce businesses, shares jump
FILE - The price of Amazon stock is shown on a screen at the Nasdaq MarketSite, Wednesday, Dec. 20, 2017, in New York. Amazon reports their earnings on Thursday, Feb. 1, 2024. (AP Photo/Mark Lennihan, File)
investment ideas
Alphabet, Meta ad sales in Q4 unlikely to reflect gen AI investments
Google logo and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023.
technology
Amazon, Roomba-parent company iRobot abandon US$1.4-billion merger deal
SAN RAFAEL, CALIFORNIA - JANUARY 19: The iRobot logo is displayed at a Best Buy store on January 19, 2024 in San Rafael, California. The European Commission, the EU’s antitrust watchdog, plans to block Amazon's acquisition of Roomba vacuum maker iRobot. Amazon announced a deal to acquire iRobot in late 2022 in an all-cash deal valued at nearly $1.7 billion. (Photo by Justin Sullivan/Getty Images)
report on business
France fines Amazon $35-million for ‘excessively intrusive’ monitoring of warehouse staff
FILE - An Amazon company logo is seen on the facade of a company's building in Schoenefeld near Berlin, March 18, 2022. France’s privacy watchdog has slapped Amazon’s French warehouse arm with a 32 million euro fine for using an “excessively intrusive sytem” to monitor worker performance and activity. The regulator said Tuesday, Jan. 23, 2024 the system allowed managers at Amazon France Logistique to track employees so closely that it resulted in multiple breaches of the European Union’s stringent privacy rules. (AP Photo/Michael Sohn, File)
international business
Roomba maker iRobot’s shares plunge on report Amazon deal faces EU block
LARKSPUR, CALIFORNIA - AUGUST 05: Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store on August 05, 2022 in Larkspur, California. Amazon announced plans to purchase iRobot, maker of the popular robotic vacuum Roomba, for an estimated $1.7 billion. (Photo by Justin Sullivan/Getty Images)
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