Tag #Amazon

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nbcnews.com

🌐 85% Global Worthiness

May 21, 22:10

Armenian Crime Ring Charged with $83 Million Amazon Cargo Theft

An Armenian organized crime ring stole over $83 million in goods from Amazon between 2021 and 2024 using fraudulent trucking routes obtained via Amazon Relay; the theft included various products and involved four transportation companies.

Armenian Crime Ring Charged with $83 Million Amazon Cargo Theft

An Armenian organized crime ring stole over $83 million in goods from Amazon between 2021 and 2024 using fraudulent trucking routes obtained via Amazon Relay; the theft included various products and involved four transportation companies.

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What is the immediate impact of this $83 million cargo theft on Amazon and the broader retail landscape?

An Armenian organized crime ring stole over $83 million worth of Amazon cargo. Four individuals, operating four transport carriers, diverted goods from contracted routes, reselling or gifting them. This scheme, operating since at least 2021, involved various products and spanned California.

forbes.com

🌐 85% Global Worthiness

May 18, 16:10

Amazon Acquires One Medical for $3.9 Billion

Amazon purchased One Medical, a healthcare company with over 220 clinics and 836,000 members, for $3.9 billion in 2023, reflecting Amazon's strategy of improving customer experiences through technology and convenience.

Amazon Acquires One Medical for $3.9 Billion

Amazon purchased One Medical, a healthcare company with over 220 clinics and 836,000 members, for $3.9 billion in 2023, reflecting Amazon's strategy of improving customer experiences through technology and convenience.

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Good Health and Well-being

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What is the significance of Amazon's acquisition of One Medical, considering Amazon's existing customer-centric business model?

Amazon acquired One Medical for $3.9 billion in 2023, gaining a network of over 220 medical offices and 836,000+ members. This acquisition reflects Amazon's strategy of enhancing customer experience through technology and convenience, mirroring its successful e-commerce model.

pt.euronews.com

🌐 85% Global Worthiness

May 14, 22:10

Amazon to Face EU Parliament Hearing on Worker Rights

Amazon faces questioning at the European Parliament's Employment and Social Affairs Committee in late June, a condition for regaining access to Parliament facilities after its February 2024 ban for failing to attend hearings and site visits regarding worker rights in 2021 and 2023.

Amazon to Face EU Parliament Hearing on Worker Rights

Amazon faces questioning at the European Parliament's Employment and Social Affairs Committee in late June, a condition for regaining access to Parliament facilities after its February 2024 ban for failing to attend hearings and site visits regarding worker rights in 2021 and 2023.

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Decent Work and Economic Growth

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What are the immediate consequences of Amazon's past non-compliance with the European Parliament's requests, and what specific actions must Amazon take to regain access?

Amazon representatives will likely face questioning at the European Parliament's Employment and Social Affairs Committee (EMPL) in late June. This follows the company's February 2024 loss of access to Parliament facilities due to non-compliance with committee requests for hearings and factory visits in 2021 and 2023, concerning worker rights. The EMPL committee is expected to confirm the hearing date and speakers in early June.

nos.nl

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May 7, 01:13

Merz Confirmed as German Chancellor After Unprecedented Second Ballot

Friedrich Merz, Germany's prospective Chancellor, unexpectedly failed to secure an absolute majority in the first Bundestag ballot (310 for, 307 against, needing 316), but secured the position in the second ballot (325 for, 289 against), marking a historic first in post-war Germany.

Merz Confirmed as German Chancellor After Unprecedented Second Ballot

Friedrich Merz, Germany's prospective Chancellor, unexpectedly failed to secure an absolute majority in the first Bundestag ballot (310 for, 307 against, needing 316), but secured the position in the second ballot (325 for, 289 against), marking a historic first in post-war Germany.

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Peace, Justice, and Strong Institutions

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What are the long-term implications of this event for the functioning of Germany's parliamentary system, and what potential future challenges could it foreshadow?

The episode underscores the challenges facing Germany's new coalition government. Internal disagreements and the close vote margins signal potential future difficulties in passing legislation and maintaining unity. This could lead to increased political volatility and uncertainty in Germany.

nbcnews.com

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May 5, 04:12

Trump Directly Intervenes to Stop Amazon From Passing on Tariff Charges

President Trump directly intervened in Amazon's decision to pass on tariff charges to consumers, calling CEO Jeff Bezos and preventing the price increase, contradicting his previously stated intention that tariffs would only incentivize domestic production.

Trump Directly Intervenes to Stop Amazon From Passing on Tariff Charges

President Trump directly intervened in Amazon's decision to pass on tariff charges to consumers, calling CEO Jeff Bezos and preventing the price increase, contradicting his previously stated intention that tariffs would only incentivize domestic production.

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Responsible Consumption and Production

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What direct actions did President Trump take in response to Amazon's consideration of passing on tariff charges, and what immediate consequences did his actions have?

President Trump revealed he directly contacted Amazon CEO Jeff Bezos to prevent Amazon from passing on new tariffs to consumers. This intervention highlights Trump's proactive approach to tariff impacts and his direct communication with major corporations. His actions averted potential price increases for consumers.

foxnews.com

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May 4, 16:11

Trump's Tariffs: Market Volatility and the Path to Trade Deals

In April 2024, stock market volatility resulted from the Trump administration's tariff policy; however, negotiations with other nations are underway, and success depends on bilateral trade deals to ensure affordable imports and market access, potentially boosting the US economy.

Trump's Tariffs: Market Volatility and the Path to Trade Deals

In April 2024, stock market volatility resulted from the Trump administration's tariff policy; however, negotiations with other nations are underway, and success depends on bilateral trade deals to ensure affordable imports and market access, potentially boosting the US economy.

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Decent Work and Economic Growth

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How does Amazon's response to tariffs reflect broader market anxieties and the challenges of transparent pricing?

The Trump administration's tariff policy, while creating market instability, has spurred international negotiations. Amazon's internal discussions about displaying tariff costs highlight market concerns, contrasting with their silence on inflation and regulation costs under the Biden administration.

welt.de

🌐 85% Global Worthiness

May 19, 22:11

German Online Retail Booms, Facing Challenges from Asian Competitors

German online retail sales are surging, exceeding expectations with a projected €92.4 billion revenue in 2025, fueled by growth in previously under-represented online categories and the rise of international players like Temu and Shein, despite challenges in product safety and customs regulations.

German Online Retail Booms, Facing Challenges from Asian Competitors

German online retail sales are surging, exceeding expectations with a projected €92.4 billion revenue in 2025, fueled by growth in previously under-represented online categories and the rise of international players like Temu and Shein, despite challenges in product safety and customs regulations.

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Responsible Consumption and Production

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What is the primary driver of the recent surge in German online retail sales, and what are its immediate economic implications?

German online retail sales are booming, exceeding expectations despite low consumer confidence. The Handelsverband Deutschland (HDE) raised its e-commerce growth forecast to 4 percent for 2025, predicting a record €92.4 billion in revenue. This upward revision reflects the sector's strong performance, particularly in previously underrepresented online categories like groceries and cosmetics.

it.euronews.com

🌐 75% Global Worthiness

May 15, 04:09

Amazon to Face EU Parliament Questioning Over Worker Rights

Amazon faces questioning by the European Parliament's Employment and Social Affairs Committee in late June, a condition for regaining access to Parliament premises after repeatedly declining invitations to discuss worker rights in its EU facilities since 2021.

Amazon to Face EU Parliament Questioning Over Worker Rights

Amazon faces questioning by the European Parliament's Employment and Social Affairs Committee in late June, a condition for regaining access to Parliament premises after repeatedly declining invitations to discuss worker rights in its EU facilities since 2021.

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What factors contributed to Amazon's refusal to participate in previous hearings and factory visits regarding worker rights?

The EMPL committee's decision to question Amazon representatives stems from the company's refusal to participate in hearings and factory visits in 2021 and 2023, related to worker rights in its EU facilities. This refusal led to the revocation of Amazon's access to the European Parliament in February 2024.

dw.com

🌐 85% Global Worthiness

May 8, 07:14

Peru Journalist Murder Highlights Deteriorating Press Freedom

Peruvian journalist Raul Celis Lopez, 70, was shot dead in Iquitos on Wednesday by two unidentified men on a motorbike; this is the second killing of a journalist in Peru this year, highlighting the country's deteriorating press freedom.

Peru Journalist Murder Highlights Deteriorating Press Freedom

Peruvian journalist Raul Celis Lopez, 70, was shot dead in Iquitos on Wednesday by two unidentified men on a motorbike; this is the second killing of a journalist in Peru this year, highlighting the country's deteriorating press freedom.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the targeted killing of Raul Celis Lopez and Gaston Medina on press freedom in Peru?

Peruvian journalist Raul Celis Lopez, 70, was shot dead in Iquitos on Wednesday. The killing, which appears to be a targeted execution as no belongings were stolen, follows the January murder of another journalist, Gaston Medina. This highlights a dangerous trend of violence against journalists in Peru.

theguardian.com

🌐 65% Global Worthiness

May 7, 22:14

Kentucky Mom's $4,200 Dum-Dum Lollipop Surprise Ends with Community Support and Amazon Refund

An eight-year-old Kentucky boy with fetal alcohol spectrum disorder accidentally purchased 70,000 Dum-Dum lollipops on his mother's Amazon account, resulting in a $4,200 charge; however, the community rallied to help sell the candy and Amazon issued a full refund.

Kentucky Mom's $4,200 Dum-Dum Lollipop Surprise Ends with Community Support and Amazon Refund

An eight-year-old Kentucky boy with fetal alcohol spectrum disorder accidentally purchased 70,000 Dum-Dum lollipops on his mother's Amazon account, resulting in a $4,200 charge; however, the community rallied to help sell the candy and Amazon issued a full refund.

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How did the community respond to the family's predicament, and what broader implications does this response have for online shopping and community support?

This incident highlights the challenges faced by parents of children with special needs while also showcasing the power of online shopping and the positive response of a supportive community. The accidental bulk order led to a financial crisis for LaFavers, but the subsequent community assistance allowed for a positive outcome. The incident also points to the potential vulnerabilities of online ordering systems to accidental large purchases.

foxnews.com

🌐 85% Global Worthiness

May 5, 19:20

Trump Directly Pressured Bezos Over Tariffs

President Trump defended his tariff policy on NBC's Meet the Press, revealing he directly contacted Amazon CEO Jeff Bezos to prevent Amazon from displaying tariff costs on products, a move Bezos reversed. Trump stated he'd use this tactic with other CEOs to ensure tariffs aren't passed onto consumer...

Trump Directly Pressured Bezos Over Tariffs

President Trump defended his tariff policy on NBC's Meet the Press, revealing he directly contacted Amazon CEO Jeff Bezos to prevent Amazon from displaying tariff costs on products, a move Bezos reversed. Trump stated he'd use this tactic with other CEOs to ensure tariffs aren't passed onto consumer...

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Decent Work and Economic Growth

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What is the immediate impact of President Trump's direct engagement with CEOs on corporate decision-making related to tariffs?

President Trump defended his tariff policy in a recent NBC News interview, stating that he directly contacted Amazon CEO Jeff Bezos regarding potential tariff price displays on Amazon products. Bezos subsequently removed the plan, prompting Trump to declare he would employ similar tactics with other CEOs if he deems their actions detrimental to the country. This direct CEO engagement reflects Trump's proactive approach to tariff implementation and its economic implications.

elpais.com

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May 2, 01:16

Amazon Q1 2024: Strong Growth Amidst Trade War Uncertainty

Amazon's Q1 2024 revenue reached $155.667 billion (9% increase), with net income soaring to $17.127 billion (64% increase), driven by cloud computing, e-commerce, and other divisions; despite trade war uncertainties, Q2 projections show continued growth.

Amazon Q1 2024: Strong Growth Amidst Trade War Uncertainty

Amazon's Q1 2024 revenue reached $155.667 billion (9% increase), with net income soaring to $17.127 billion (64% increase), driven by cloud computing, e-commerce, and other divisions; despite trade war uncertainties, Q2 projections show continued growth.

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What were Amazon's Q1 2024 financial results, and what key factors contributed to its performance?

Amazon reported a 9% increase in revenue to $155.667 billion in Q1 2024, exceeding expectations. Net income surged 64% to $17.127 billion, driven by cloud computing and e-commerce. The company anticipates continued growth in Q2, despite global trade uncertainties.

Showing 61 to 72 of 265 results