The EU general court found Amazon had no illegal tax advantage in Luxembourg as claimed by the European Commission, according to CNBC. The ruling shields the U.S e-commerce giant from…
US Pentagon officials plan to discontinue the JEDI cloud-computing project, which is still in court, according to The Wall Street Journal. The project has stalled since 2019 following Amazon’s court…
Amazon posted a first quarter revenue of $108.5 billion, a 44% jump from the same period last year, according to the company’s press release. Net income in the quarter more…
Amazon stock gained 2.1% on Monday after Fox Business’s Charles Gasparino said the company is likely to have a stock split this year, Seeking Alpha reports. In a tweet, Gasparino…
Amazon.com Inc. workers in Alabama voted against unionization on broad concerns about job security, according to the Wall Street Journal. The workers were also convinced that their pay and benefits…
About 55% voter turnout was recorded in the closely watched Amazon.com Inc. union election in Alabama, according to Reuters. The public vote tally is expected to start as early as…
Amazon founder and CEO Jeff Bezos supports President Joe Biden’s $2 trillion infrastructure plan and corporate tax increases, according to the company’s statement. Bezos says the Congress has supported infrastructure…
President Joe Biden on Wednesday singled out Amazon.com Inc. for not paying federal taxes, according to Reuters. Biden said Amazon was using various loopholes to avoid the federal income tax…
The US National Labor Relations Board will on Tuesday begin reviewing workers’ votes on whether to form a union at Amazon's Alabama fulfillment center, according to Reuters. The votes from…
Deliveroo plans to sell about 1 billion pound or $1.39 billion of new shares in its upcoming initial public offering, according to Reuters. The listing will also include the sale…
The U.S Defense Department is weighing the $10-billion contract it awarded to Microsoft Corp. over a legal battle with rival Amazon, according to a report. The Pentagon could pull the…
Susquehanna analyst Shyam Patil has raised Amazon’s price target from $4,000 to $5,200, according to MarketWatch. The analyst was also most bullish on Google-parent Alphabet after boosting the target by…