UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
Amazon is raising prices on its Music Unlimited plans, coming two months after it added access to Audible's collection of audiobooks.
Amazon is suing an agency in Washington state to prevent the release of some company materials to The Washington Post.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest customer,
Amazon's delivery drones are set to return to British skies, nine years after they were first trialled near Cambridge.
Jason Buechel will expand his role to oversee Amazon’s Worldwide Grocery Stores business, including Amazon Go convenience stores and Amazon Fresh physical and online stores, while also continuing to serve as Whole Foods Market CEO.
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BAZETTA Twp., Ohio (WKBN)- An Amazon location will be coming to Trumbull County, according to the Trumbull County Auditor’s website. The location will be at 711 Perkins Jones Road in Bazetta Township.