UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping up their own strategies.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
Amazon Prime customers have been warned of a new hacking campaign that could cost them dearly—here’s what you need to know.
Amazon has this REDTIGER 4K dash cam on sale with an extra $20 discount available that drops the price even lower. Here's the secret deal to shop.
Got retail therapy on the mind? Head over to Amazon to save some money on your splurges. Whether you're looking for a Bluetooth speaker to drown out the latest news cycle or a Valentine's Day gift that'll impress your lover, there's something in the mix for you.
Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court,
Jason Buechel will expand his role to oversee Amazon’s Worldwide Grocery Stores business, including Amazon Go convenience stores and Amazon Fresh physical and online stores, while also continuing to serve as Whole Foods Market CEO.
The Anker Soundcore P20i true wireless earbuds are already affordable at their original price of $40, so don't miss this chance to get them for $20 from Amazon.
For the record, Amazon first announced in September 2023 that ads would be coming to Prime Video. Even if you don’t upgrade your Prime Video plan, any movies or TV shows that you purchase or rent on Prime Video will be ad-free. Amazon added commercials to Prime Video for the same reason most of the other big streamers did: It wants more revenue.