Amazon

Cities Dream Of Landing Amazon's New HQ And They're Going To Great Lengths To Show It

5:08pm October 16, 2017

by Rick Pluta

Retail giant Amazon is looking for a second home, and many cities are trying to land the HQ2 project. At stake are 50,000 jobs and a new economic anchor for the winner. It has led to a lot of stunts.

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National

Top Exec At Amazon Studios Put On Leave After Harassment Allegations

2:38am October 13, 2017

by Scott Neuman

The company said that Roy Price has been placed on leave after allegations surfaced that he lewdly propositioned a female show producer at a Comic-Con event in 2015.

Netflix CEO Reed Hastings delivers a keynote address at CES 2016 in Las Vegas. He has admitted facing Amazon in video is a challenge.

Once Dominant, Netflix Faces An Increasing Number Of Video Challengers

3:16pm October 12, 2017

by Laura Sydell

With more than 100 million subscribers around the world, Netflix is the premier video streaming service. But, as competition from Amazon, Hulu and others heats up, can Netflix stay on top?

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Business

Triad Leaders Want Amazon's HQ2, But Do We Have A Shot?

4:31pm September 19, 2017

by Sean Bueter

Earlier this month, Amazon announced it wanted to open a second headquarters. It invited cities to send proposals, and places like Charlotte, Raleigh, and Boston responded.

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Nikol Szymul staffs a reception desk at Amazon offices in downtown Seattle. Online retail powerhouse Amazon is searching for a second headquarters location, which an official from Toronto has called "the Olympics of the corporate world."

Cities Try Convincing Amazon They're Ready For Its New Headquarters

2:45pm September 19, 2017

by Alina Selyukh

Atlanta, Denver and other cities are making their cases for the online giant to locate its second headquarters in their area. At stake: up to 50,000 well-paying jobs and billions in investments.

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Bananas will be cheaper at Whole Foods stores next week, as Amazon finalizes its purchase of the grocery chain.

Whole Foods Will Drop Prices On Monday, Amazon Says In Detailing New Grocery Strategy

3:49pm August 25, 2017

by Bill Chappell

Amazon sets new prices on bananas, butter, organic eggs, and other best-selling staples. The online giant also says its Amazon Prime members will get special prices and perks at Whole Foods.

Whole Foods stores are set to be taken over by Amazon later this year, after their merger deal got FTC approval.

National

Amazon Takeover Of Whole Foods Gets Key Federal Approval

10:40am August 24, 2017

by Bill Chappell

The Federal Trade Commission says the online retailer's grocery deal would not hamper competition or provide an unfair advantage.

Walmart customers will be able to place an order by simply saying it out loud, using either the voice-activated speaker Google Home (left) or the Google Assistant app.

Economy

Walmart, Google Join Forces In Online Fight Against Amazon

2:14pm August 23, 2017

by Scott Neuman

The world's largest retailer will hawk its products on Google Express for the first time, in a play to get a bigger chunk of the growing voice-enabled shopping market currently dominated by Amazon.

Jeff Bezos, chairman and founder of Amazon.com and owner of The Washington Post, addresses the Economic Club of New York in 2016. Bezos was briefly the richest person on earth, after Amazon stock values surged Thursday morning.

Prime Spot On The Billionaire List: Jeff Bezos Was (Briefly) World's Richest Man

7:10pm July 27, 2017

by Camila Domonoske

A surge in Amazon stock made Bezos worth more than $90 billion on Thursday, putting the company's founder and CEO ahead of Microsoft founder Bill Gates. Gates, however, has given billions to charity.

Indea Leo of Lillabee baking hopes that Amazon buying Whole Foods will be good for her business. "We think there is going to be a lot of exciting possibilities of bypassing the shelf altogether and reaching a wider customer base."

Why Whole Foods' Small Suppliers Think Amazon Will Be Good For Them

3:44pm June 28, 2017

by Mollie Simon

The small companies that gave Whole Foods its local-food image are relieved to see Amazon taking over. But their hopes may collide with the online retailer's cost-cutting tactics.