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| December 12, 2017

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How Amazon Picks Its Seemingly Random Deals of the Day

December 9, 2017 |

Third-party merchants slash prices and stockpile inventory in hopes Amazon.com will select their items for holiday promotion—which can boost sales all season.
WSJ.com: US Business

Inside the Wal-Mart vs. Amazon Battle Over Black Friday

November 27, 2017 |

Wal-Mart and Amazon battled to capture spending over the holiday weekend, as the shifts that have upended the retail industry this year were on display: fewer people visited traditional stores on Thanksgiving and Black Friday while online purchases continued to surge.
WSJ.com: US Business

Amazon workers in Germany, Italy stage Black Friday strike

November 26, 2017 |

Workers at a half-dozen Amazon distribution centers in Germany and one in Italy walked off the job Friday to demand better wages from the American online giant in a protest timed to coincide with Black Friday.

In Germany, Ver.di union spokesman Thomas Voss said some 2,500 workers were on strike…


L.A. Times – Business

Amazon goes brick-and-mortar for the holidays — and other retail trends

November 24, 2017 |

Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets.
L.A. Times – Business

Amazon to Sell Its China Cloud-Computing Business

November 14, 2017 |

Beijing Sinnet, Amazon’s cloud-computing partner in China, said it will buy Amazon Web Services’ China business for as much $ 300 million.
WSJ.com: What’s News Asia

CNN

A modern gold rush is destroying the Amazon

November 12, 2017 |

The sky-high price of gold has triggered a modern gold rush in Peru that’s poisoning the Amazon and its people.
CNN.com – RSS Channel – World

The Amazon Pirates Came. Here’s How They Escaped

November 9, 2017 |

That Adam and Emily Harteau and their young girls were on a barge that was attacked by pirates in a river in the Brazilian Amazon is clear; so, too, is the fact they were ultimately rescued . What happened in the middle has been murkier ( when did they flee the…
Newser

CVS-Aetna? Expect more strange bedfellows as competition from Amazon grows

October 28, 2017 |

If CVS Health’s reported $ 66-billion bid to acquire health insurer Aetna is approved, it could give the retail pharmacy chain an infusion of customers through Aetna’s members and more leverage when it negotiates drug prices.

But beyond that, the tie-up could help prepare the two companies for what…


L.A. Times – Business

Tech giants lead rally as stocks near records; Amazon surges

October 27, 2017 |

Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared following strong third-quarter reports, as did online retail giant Amazon. U.S. stocks set more records as their winning streak extended to a seventh week.

Intel made its biggest gains…


L.A. Times – Business

Amazon delivers unexpected earnings behind new devices and services

October 27, 2017 |

Shares of Amazon soared Thursday after the online retailer posted earnings that far surpassed Wall Street expectations.

The company is rapidly growing. It paid nearly $ 14 billion this summer for organic grocer Whole Foods, announced a series of new voice-activated Echo devices, and kicked off a…


L.A. Times – Business