Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.

our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Spencer Soper looks at Amazon’s effort to play nice ...

MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s ...

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.

French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...

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 investors that a long-awaited rebound in demand for its parcel services won’t ...

Canada’s industry minister said Amazon.com Inc.’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the e ...

(Bloomberg) -- Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for ...