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amazon will shutter its apparel stores—the latest of its brick and mortar closures

The two stores opened more than a year ago in California and Ohio, offering clothing from brands like Champion, Calvin Klein and Levi's....

November 2, 2023, 5:16 pm

amazon to close its 2 physical clothing stores

Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores busi...

November 2, 2023, 4:51 pm

amazon to close apparel stores in latest physical retail strategy shift

amazon is shuttering its brick-and-mortar apparel stores, almost a year and a half after opening the fi...

November 2, 2023, 4:36 pm

Affirm shares soar 19% on bnpl offering for amazon business

Shares of payments provider Affirm (AFRM) jumped more than 19% after expanding its partnership with amazon ...

November 2, 2023, 4:30 pm

Buy amazon for aws, its 'crown jewel'

HSBC initiated coverage of amazon with a Buy rating....

November 2, 2023, 4:18 pm

amazon execs talked about how their policies hurt sellers, ftc antitrust suit alleges

Executives at Amazon.com Inc. AMZN, +0.78% discussed how pricing policies at the e-commerce giant had a “punitive aspect” with regard to sellers, ...

November 2, 2023, 3:59 pm

Affirm shares soar on 'buy now, pay later' deal with amazon

CNBC's Hugh Son joins 'Power Lunch' to discuss amazon and Affirm's BNPL deal as shares of Affirm soar o...

November 2, 2023, 2:55 pm

amazon used an algorithm to essentially raise prices on other sites, the ftc says

amazon used a secret algorithm that essentially helped the company raise prices on other online sites a...

November 2, 2023, 1:53 pm

Ftc claims amazon doubled number of ads in search results—and deleted internal messages to evade federal probe

The agency alleges amazon executives “systematically and intentionally deleted” more than two years...

November 2, 2023, 1:48 pm

Afrm stock spikes as affirm expands amazon partnership

Amid rising questions in this tricky environment for the consumer economy, financial technology (fintech) specialist Affirm (NASDAQ: AFRM ) received a...

November 2, 2023, 1:37 pm

Jeff bezos urged amazon to flood search results with junk ads, ftc alleges

Amazon's ads strategy helped pump its profits while steering shoppers to higher-priced goods, the agency alleges....

November 2, 2023, 1:21 pm

amazon executives discussed how its policies hurt sellers, ftc suit says

The executives discussed how its pricing policies had a ‘punitive aspect' on sellers, according to internal documents quoted in newly unredacted por...

November 2, 2023, 12:11 pm

amazon business enters bnpl space with affirm partnership

amazon Business is offering buy now, pay later (BNPL) services in collaboration with Affirm. ...

November 2, 2023, 10:36 am

Why amazon skeptics may be looking at ‘crown jewel' aws business all wrong

Wall Street has been somewhat concerned lately about slowing growth for Amazon.com Inc.'s AWS cloud-computing business, but a new bull says that outlo...

November 2, 2023, 10:18 am

Shopify swings to 3q profit as strategic partnership with amazon pays off

Shopify Inc (TSX:SH., NYSE:SHOP) swung to a profit in its third quarter thanks to a surge in subscription solutions and merchant solutions revenue....

November 2, 2023, 10:02 am

Affirm's stock explodes higher after expanded amazon arrangement

Affirm Holdings Inc. shares AFRM, +16.08% were powering 16% higher in Thursday morning action after Amazon.com Inc. AMZN, +0.49% announced that it wou...

November 2, 2023, 9:56 am

Wall street to turn around in final months of 2023: 5 winners

Since the stock market is poised to bounce back in the final months of this year, it's prudent to invest in growth stocks like ...

November 2, 2023, 9:46 am

amazon just struck a new ai partnership with anthropic for its in-house chips

amazon is investing in AI start-up Anthropic and in exchange getting a key cloud partner. The e-commerc...

November 2, 2023, 9:30 am

Foxconn's big bet on electric vehicles

Hon Hai Precision Industry Co., better known as Foxconn, is one of the world's most important manufacturers, producing devices including Apple Inc.'...

November 1, 2023, 10:49 pm

amazon enters new $15 billion credit facility

The e-commerce giant said in a regulatory filing Wednesday it had terminated its prior $10 billion credit agreement and entered the new five-year faci...

November 1, 2023, 6:59 pm


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