Amazon and Walmart Square Off Over Buy Now, Pay Later
This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting Walma...
Jeff Bezos moving from Seattle to Miami — and his two new mansions there
In an Instagram post Thursday night, the billionaire said he's moving to Florida to be closer to his aging parents and to the Cape Canaveral, Fla., operations of his space company, Blue Origin.
What Are the Must-Buy Stocks for November? The Top 3
Buy-and-hold investors are comfortable taking long positions. To these investors, the only must-buy stocks are the ones they already own.
Amazon Will Shutter Its Apparel Stores—The Latest Of Its Brick And Mortar Closures
The two stores opened more than a year ago in California and Ohio, offering clothing from brands like Champion, Calvin Klein and Levi's.
Amazon to Close Its 2 Physical Clothing Stores
Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores business. The two Amazon Style stores, located in Gl...
Amazon to close apparel stores in latest physical retail strategy shift
Amazon is shuttering its brick-and-mortar apparel stores, almost a year and a half after opening the first location.
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing illegal strategies to enhance its profits. Th...
Amazon execs talked about how their policies hurt sellers, FTC antitrust suit alleges
Executives at Amazon.com Inc. AMZN, +0.78% discussed how pricing policies at the e-commerce giant had a “punitive aspect” with regard to sellers, according to internal documents quoted in newly unr...
Amazon used an algorithm to essentially raise prices on other sites, the FTC says
Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and "destroyed" some internal communications as the Federal Trade Commission was investigating ...
FTC Claims Amazon Doubled Number Of Ads In Search Results—And Deleted Internal Messages To Evade Federal Probe
The agency alleges Amazon executives “systematically and intentionally deleted” more than two years of internal communications.
Jeff Bezos urged Amazon to flood search results with junk ads, FTC alleges
Amazon's ads strategy helped pump its profits while steering shoppers to higher-priced goods, the agency alleges.
Amazon Executives Discussed How Its Policies Hurt Sellers, FTC Suit Says
The executives discussed how its pricing policies had a ‘punitive aspect' on sellers, according to internal documents quoted in newly unredacted portions of the Federal Trade Commission's monopoly ...
Why Amazon skeptics may be looking at ‘crown jewel' AWS business all wrong
Wall Street has been somewhat concerned lately about slowing growth for Amazon.com Inc.'s AWS cloud-computing business, but a new bull says that outlook is a mistake.
Shopify swings to 3Q profit as strategic partnership with Amazon pays off
Shopify Inc (TSX:SH., NYSE:SHOP) swung to a profit in its third quarter thanks to a surge in subscription solutions and merchant solutions revenue.
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