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| October 22, 2018

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EBay sues Amazon, alleging a years-long scheme to poach sellers and dodge detection

October 20, 2018 | Inc. representatives around the world have systematically set up dozens of EBay accounts and sent private messages to hundreds of top sellers — trying to poach them — and used “creative” ways to avoid detection, EBay alleges in a lawsuit.

In a complaint filed in San Jose this week, EBay…

L.A. Times – Business

Amazon Revisits Some Cities as HQ2 Decision Looms

October 19, 2018 |

Amazon executives have made a fresh round of visits to several of the 20 finalists for its $ 5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year. US Business

Amazon to Boost Pay for Longtime Workers

October 11, 2018 |

Amazon, facing a backlash from longtime warehouse employees who say its $ 15 hourly minimum wage wouldn’t benefit them, will provide a bigger raise to those workers, the AP reports. The company said Wednesday that some adjustments are being made this week, and workers who already made $ 15 an hour will…

How Ancient Greeks predicted killer robots, driverless cars and even Amazon Alexa speakers

October 10, 2018 |

The Ancient Greeks are celebrated for laying down the foundations of Western civilization, but according to a new book they also had another, hidden talent: predicting future tech.
FOX News

Amazon Fires Employee for Sharing Customer Emails

October 6, 2018 | said it has terminated an employee responsible for an incident in which a third-party seller on the tech giant’s website got access to email addresses of some Amazon customers. US Business

Here’s why Amazon raised its minimum wage to $15 an hour

October 4, 2018 |

If, like me, you’ve been dying to hear some good news, then you surely welcomed Amazon’s decision to raise its minimum wage to $ 15 for all its 350,000 workers, including seasonal employees and temps, according to the company.

The decision is to some extent “bespoke,” in that Amazon is a uniquely…

L.A. Times – Business

Retail stocks sink as Amazon raises hourly pay; Dow sets new record high

October 3, 2018 |

U.S. stocks ended mixed Tuesday, with retailers sinking after Amazon said it will raise hourly wages for U.S. employees and smaller companies continuing to stumble. Several big industrial companies rose, pushing the Dow Jones industrial average to a record high.

Amazon, one of the nation’s largest…

L.A. Times – Business

Amazon raising minimum wage for U.S. workers to $15 per hour

October 2, 2018 |

Amazon is boosting its minimum wage for all U.S. workers to $ 15 per hour starting next month.

The company said Tuesday that the wage increase will benefit more than 350,000 workers, which includes full-time, part-time, temporary and seasonal positions. It includes Whole Foods employees. Amazon’s…

L.A. Times – Business

Inside the New Amazon 4-Star Store, a Novelty Gift Shop

September 28, 2018 | Inc. has seen the future of retail and it looks something like a refreshed version of a Brookstone store, the gadget purveyor that filed for bankruptcy last month. US Business

Stocks break four-day losing skid as Apple, Amazon climb

September 27, 2018 |

After four days of modest losses, Apple and Amazon led the U.S. stock market to small gains on Thursday. Internet and healthcare companies rose while mining companies fell with metals prices.

Apple and Amazon are the two most valuable U.S. companies, and analysts said each stock should keep climbing….

L.A. Times – Business