Amazon’s revenue soared in the recent quarter, boosted by demand from AWS customers. But some investors worried about the company’s plan for $200 billion in capital expenditures. Over time, AWS has ...

Amazon earnings are in, and it's not looking good for the stock. Investors were focused on the company's capex-spending forecast of $200 billion for the year, which came in well above the average ...

Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. "The reductions we are making today will impact ...

Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods ...

The closures are part of a move to double down on expanding Whole Foods Market. The closures are part of a move to double down on expanding Whole Foods Market. is a news writer covering all things ...

Amazon is closing all its physical Amazon Fresh and Amazon Go stores, the company announced Tuesday. The Amazon Fresh online delivery service will continue operating, and Amazon plans to expand its ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

NEW YORK -- Amazon said it's closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new "supersized" store concept.

WASHINGTON, Jan 26 (Reuters) - Amazon (AMZN.O), opens new tab has agreed to pay $309 million and provide other benefits in a class action settlement with customers who claimed they initiated product ...

Amazon is planning to cut thousands of jobs as part of a broader push to eliminate nearly 10% of its corporate workforce, according to Reuters. After initially cutting roughly 14,000 white-collar jobs ...

If your next Amazon order seems more expensive, President Donald Trump’s sweeping tariffs may be partially to blame, Amazon CEO Andy Jassy said Tuesday. Like many retailers, Amazon and its vast ...