
After a strong acceleration in logistics, Amazon is reportedly backtracking by looking to terminate its leases or sublet 12 of its largest U.S. units in parallel with labor union accusations against the company.
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After a strong acceleration in logistics, Amazon is reportedly backtracking by looking to terminate its leases or sublet 12 of its largest U.S. units in parallel with labor union accusations against the company.
Elon Musk clinched a deal to buy Twitter for $44 billion cash on Monday in a transaction that will shift control of the social media platform to the world's richest person.
Amazon.com will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top U.S. securities regulator turned down the company's request to skip the resolution.
A Delhi court has halted arbitration proceedings between India's Future Group and its estranged U.S. partner Amazon in light of the national antitrust agency's suspension of a 2019 deal between the two sides.
Future Retail has asked an Indian court to declare arbitration proceedings in Singapore with Amazon as illegal, arguing that India's antitrust agency had suspended a 2019 deal used by Amazon to assert rights over Future.
Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to "further restrict competition."
Six Amazon.com Inc workers were confirmed dead on Saturday after a series of tornadoes roared through a warehouse near St. Louis, Illinois.
Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.
Future Retail has asked the country's top court to stall a Singapore arbitration panel's decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal.
Five members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives of either misleading Congress or possibly lying to it.