Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...
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