Feb 02 Jeff Bezos, Amazon’s founder, will step down as CEO By Joseph Pisani, Associated Press Amazon said he'll be replaced in the fall by Andy Jassy, who runs Amazon's cloud business. Bezos will then become the company's executive chairman. Continue reading
Jan 28 Amazon asks regulators to block shareholder proposal to address hate speech By Associated Press Amazon.com, Inc. has asked federal regulators to block multiple shareholder proposals addressing criticism of the company's stances on curbing hate speech, diversity in hiring, workplace conditions and surveillance technologies. Continue reading
Jan 14 Connecticut probing Amazon’s e-book deals with publishers By Dave Collins, Associated Press Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws. Continue reading
Dec 14 California subpoenas Amazon over worker safety during COVID-19 pandemic By Associated Press California Attorney General Xavier Becerra is asking a judge to order Amazon to comply with subpoenas issued nearly four months ago as part of an investigation into how the company protects workers from the coronavirus. Continue reading
Nov 17 Amazon opens online pharmacy, disrupting another industry By Joseph Pisani, Tom Murphy, Associated Press The move propels Amazon into a new business and could shake up the pharmacy industry. Big chains like CVS and Walgreens rely on their pharmacies to bring them a steady flow of shoppers who stop by frequently to pick up… Continue reading
Nov 10 Watch 4:38 News Wrap: GOP’s Tillis holds onto North Carolina Senate seat In our news wrap Tuesday, Republicans will retain a Senate seat in North Carolina that was closely contested. Incumbent Thom Tillis clinched reelection today when his Democratic opponent, Cal Cunningham, conceded. Also, Tulsa, Oklahoma, ran out of intensive care beds… Continue watching
Nov 10 EU files antitrust charges against Amazon over use of data By Associated Press European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants using its platform. Continue reading
Oct 13 Watch 9:49 Leaked documents show how Amazon misled the public about warehouse safety issues By Will Evans, Reveal During the pandemic, Americans have become even more reliant on online shopping -- a realm Amazon continues to dominate. But the company’s vast inventory, fast shipping and low prices come with a dangerous tradeoff: an increased risk to workers rushing… Continue watching
Jul 29 Watch 6:12 House lawmakers grill tech CEOs over possible anti-competitive practices By Amna Nawaz Leaders of four tech giants testified on Capitol Hill Wednesday, with lawmakers grilling them about whether they are too dominant. The CEOs of Amazon, Apple, Facebook and Google appeared by video at a hearing of the House Judiciary Subcommittee on… Continue watching
Jul 29 Watch 9:50 Is U.S. regulatory framework capable of reining in big tech companies? The CEOs of Amazon, Apple, Facebook and Google encountered intense scrutiny from House lawmakers on Wednesday, particularly over whether they leverage unfair business practices to prevent their competition from succeeding. Is American antitrust law sufficient to handle the rapidly changing… Continue watching