Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Amazon.com Inc. Add to portfolio

NAS:AMZN, Nov 15, 03:32 UTC

Latest NAS:AMZN News

Filter your feed

Apply Filter

Today


News

Amazon's Black Friday 'Week' begins Nov. 16

AMZN

Amazon.com Inc. said Thursday that its "Black Friday Deals Week" will kick off tomorrow, on Nov. 16, and run through Nov. 23. The e-commerce giant said some of the deals will include up to 40% savings on toys from Barbie, Hot Wheels and Fisher-Price. Among Amazon devices, an all-new Echo Dot will cost only $24 and the Fire TV Stock 4K with Alexa voice remote will be $34.99. Amazon's stock fell 0.6% in premarket trade. It has tumbled 15% over the past three months while the S&P 500 has slipped 4.1%.

Read Full Details

Topics:
  • Business
  • Financial
News

Amazon encourages you to recycle your old gadgets

AMZN

Amazon has launched a new portal called "Second Chance," which compiles information on how to recycle, repair and return devices. You can go there to see how much you can get if you trade your devices in and to learn how to start the process. You won't get a lot of money from the deal, but if you don't want to sell the device on your own, that's one way to get a gift card towards future purchases and 25 percent off a new Echo device. In case your old gadgets are broken, the website can also help you find repair options. You can still visit Second Chance for instructions on how you can get Amazon to take and recycle them for free.

Read Full Details

Topics:
  • Business
  • Technology
  • Financial
  • Science
News

Transit riders and drivers in Washington and New York brace for influx of Amazon employees

AMZN

FILE- This Tuesday, Nov. 13, 2018, file photo shows a view of Crystal City, Va. On Tuesday, Nov. 13, Amazon said it will split its second headquarters between Long Island City in New York and Crystal City. NEW YORK (AP) — Commuters beware: New York and Washington's clogged streets and creaky subway systems are about to feel more pain as 50,000 more people descend on the two metro areas where Amazon will open new headquarters. An expansion of that scope in a city such as New York — where the regional subway, bus and commuter lines move more than 8 million people every day — sounds like something a transit system should be able to absorb. New York City commuters have been clamoring for subway improvements for years, and some on Wednesday tweeted photos of packed subway stations near Amazon's proposed new office and reported having let several overcrowded trains go by before they were finally able to squeeze into one. Some see the dire warnings about New York's transit system as premature.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
  • US
News

Amazon.com, Inc. (NASDAQ:AMZN) Position Trimmed by Shikiar Asset Management Inc. – Marea Informative

AMZN

Shikiar Asset Management Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,361 shares of the e-commerce giant’s stock after selling 367 shares during the period. Piper Jaffray Companies reiterated an “overweight” rating and issued a $2,100.00 price target (up previously from $2,075.00) on shares of Amazon.com in a report on Friday, July 27th. In other Amazon.com news, Director Judith A. Mcgrath sold 500 shares of Amazon.com stock in a transaction dated Thursday, August 16th.

Read Full Details

Topics:
  • Business
  • Financial
News

A look at what's in Amazon's new deal with Virginia

AMZN

Virginia regularly awards grants, tax breaks and other goodies to businesses that move to the state or expand their operations, sometimes even for small projects that produce just a dozen or so jobs. Cold hard cash is a major part of the package, but state and local officials are quick to point to other incentives used to lure Amazon that have broad benefits, including massive investments in higher education and public transportation. Virginia's contract with Amazon agrees to pay the online retailer up to $750 million if it creates 37,850 jobs by 2039.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Yesterday


News

LEVY: Did Amazon HQ2 bid open doors for Toronto?

AMZN

Filed Under:. If one thing was accomplished by the year-long Toronto bid for Amazon’s HQ2 it was that it forced Toronto and its surrounding municipalities — 24 cities in fact — to work together to try to lure this e-commerce mega-giant to the GTA. Like any Olympic or Pan Am Games bid (heaven forbid we have any more of those in Toronto given the huge costs to host such events,) the tight timeline made Toronto Global get its act together to produce a bid book in a few short months. Let’s not lose sight of the fact that the bid — according to a joint statement released Tuesday by Mark Cohon, Toronto Global chairman, Janet Ecker, vice-chairman and Toby Lennox, CEO –extended the Toronto region’s exposure as a place to do business with the tech sector. “The entire exercise for the city of Toronto has been positive … we have proven without a doubt that we are in the very top tier of cities.”. But if one also counts success by deals signed, I’m not so sure that Toronto was ever really in the running considering where Amazon ended up locating — in the suburbs of the Big Apple (Queens) and in Arlington, Virginia. For one thing, I highly doubt — given this type of mindset — that Toronto, with its high taxes, huge rents, red tape, congestion, anti-business mentality (evidenced by the failed King St. pilot) and ever-growing social problems (escalating gun violence being number one,) could ever compete at this point with the GTA.

Read Full Details

Topics:
  • Business
  • Financial
  • Sports
News

Stung by Amazon's rejection, cities look on the bright side

AMZN DTRUMP

Purchase: Order Reprint. Sometimes losing is winning. Or at least that's what some of the 18 North American cities passed up by Amazon for its new headquarters are telling themselves. After 14 agonizing months of wooing and then waiting for the online retail giant to make up its mind, the finalists learned that instead of Amazon picking one location for its new offices, it would split them between Long Island City in Queens, New York, and Arlington, Virginia, in suburban Washington, sending an estimated 25,000 jobs to each. Amazon's search for a new home resulted in some 238 suitors from across the continent that the company in January whittled down to 20, stretching from Toronto to Miami in the east to Denver and Los Angeles out west. The prospect of new jobs and the cachet that comes with a tech behemoth like Amazon led many cities to pull together aggressive tax incentive packages worth billions of dollars, among other enticements.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
  • World
News

Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns

AMZN WMT

Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns. Buffett’s Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Wednesday, ending a relationship that dates back more two decades. The world’s largest retailer was once one of Berkshire’s five biggest equity holdings as recently as 2014, valued at more than $5 billion, but Amazon.com Inc.’s encroachment since then has prompted Berkshire to pare down that stake. More recently, he’s focused on the threat from companies like Amazon that sell everything from food to clothes and electronic gadgets online. While Buffett is known for sticking with stocks like Coca-Cola Co. for decades, he’s not wedded to favorites when circumstances change.

Read Full Details

Topics:
  • Business
  • Financial
News

Trump Says Amazon 'Took the Best Deals' for New Headquarters

AMZN DTRUMP

President Donald Trump said Amazon.com Inc. "took the best deals" in deciding to split its new headquarters between New York and Arlington, Virginia. The cities are "giving up a lot," Trump said in an interview with the conservative website Daily Caller published Wednesday. Trump, a former real estate developer who has often feuded with the online retail giant and threatened it with antitrust investigations, suggested in the interview that a decline in the company’s fortunes would make the cities’ incentives look foolish. "Maybe Amazon will have massive competition and they won’t be the same company in five years in which case it would be a big mistake," Trump said in the interview.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

Want a job at Amazon? Here's how to get one.

AMZN

American City Business Journals•November 14, 2018. “The process itself is really one of the more rigorous ones I’ve been through. And like the rest of the company it’s a little bit peculiar,” says a former Amazon executive.

Read Full Details

Topics:
  • Business
  • Financial
  • Science