AMAZON

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. The index…
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One of our planet’s most vital defences against global warming is itself being ravaged by climate change. It was the main driver of the Amazon rainforest’s worst drought in at least half a century, according to a new study. Often…
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Amazon has begun the process of cutting jobs across the company this week, US media reports said on Wednesday. “After a deep set of reviews, we recently decided to consolidate some teams and programs. One of the consequences of these…
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Amazon is planning to lay off thousands of employees and implement cost-cutting measures as the last few quarters haven’t been profitable, according to reports. The company could fire as many as 10,000 employees starting as soon as this…
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Amazon has proposed a dialogue with Future Retail to end legal battles, while the Supreme Court gives both parties until March 15 to explore a settlement through negotiations. To end a contractual dispute that has soured relations between…
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Amazon chief Jeff Bezos said he was “heartbroken” Saturday after at least six people were killed at an Amazon warehouse in the US state of Illinois when it was struck by a tornado. “The news from Edwardsville is tragic,” Bezos tweeted…
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