Amazon

Cisco Systems, Inc. (NASDAQ: CSCO) reported its second fiscal quarter earnings with results slightly edging Wall Street estimates but offering weak guidance. Although Cisco's stock has gained 5% during the last 12 months, that is still significantly lower than the 22% gain of the S&P 500....

While coronavirus still dominates headlines and market worries, traders should still be watching earnings reports as the season continues this week. Walmart Inc (NYSE: WMT) released its earnings statement in the premarket today, disappointing on its comparable sales and forward guidance. The weaker...

On this Presidents Day episode, Dooner and Chad are talking about a trucker shot over a parking spot, the incoming capacity crunch, and the White House China trade deal watchdog group. They'll see why counterfeit Amazon.com, Inc. (NASDAQ: AMZN) goods are now trending in supply chain. Attorney...

Three owner-operators have lost delivery contracts with Amazon.com, Inc. (NASDAQ: AMZN) this week, resulting in anticipated layoffs for hundreds of drivers. On Friday, Delivery Force notified the state of Washington that it planned to permanently release 272 workers in King and Snohomish counties...

Bear Down Logistics, a provider of last-mile package delivery for Amazon.com, Inc. (NASDAQ: AMZN), is shutting down seven locations after the online retailer pulled its contract. It's not clear how many facilities the company had, but all indications are that it is going out of business. On...

Kansas-based RCX Logistics, also known as RailCrew Xpress, is citing the loss of its Amazon contract as the reason it will permanently lay off hundreds of delivery drivers in Texas, Alabama and Florida in April. According to Worker Adjustment and Retraining Notification (WARN) Act notices filed in...

Densely populated metropolitan areas like New York City have become ground zero for clashes among cars, bikes and trucks competing for limited parking spaces. For delivery companies, the tight fit means racking up huge parking fines as a cost of doing business. In 2019, for example, FedEx...

A federal judge on Thursday approved Amazon.com Inc.'s (NASDAQ: AMZN) appeal and issued a temporary injunction against Microsoft Corporation's work on a $10 billion Pentagon cloud computing contract, CNBC reported. What Happened Amazon had requested the court...

The world's richest person Jeff Bezos has set a new record for the most expensive purchase of residential property in Los Angeles. What Happened The Amazon.com Inc. (NASDAQ: AMZN) founder and CEO has purchased the Beverly Hills Warner Estate for $165 million from billionaire entertainment mogul...

Good day, Shopify (NYSE: SHOP) offered a glimpse of its plans to carefully build out its fulfillment network — and wade deeper into Amazon.com, Inc.'s (NASDAQ: AMZN) territory — as the Canadian e-commerce company reported a 47% increase in revenue during the fourth quarter. The company said it...

Most developed countries are beyond willing to go 100 percent green. Yet, according to IEA, ‘green energy' powers less than a third of the world's energy supply. But in the grand scheme of things one thing is certain, the new era of a big energy revolution is ahead of us. And it is...

The United States Federal Trade Commission has ordered five technology behemoths to provide the information on every single acquisition they made between January 1, 2010 and December 31, 2019, not otherwise required by law. What Happened The agency announced Tuesday that it issued orders to...

President Donald Trump on Tuesday gave a new definition to his famous slogan "Make America Great Again." What Happened During a press conference on the signing of a bill to ensure better job opportunities for veterans in science, technology, engineering, and mathematics, or STEM,...

Amazon Video Entertainment Operations, which includes Amazon Studios and Prime Video, has hired Sony Pictures Television Chairman Mike Hopkins to be its new head. What Happened  Hopkins is all set to join Amazon.com Inc. (NASDAQ: AMZN) to oversee the company’s Prime Video and Amazon...

Amazon.com Inc.'s (NASDAQ: AMZN) cloud subsidiary is seeking to depose President Donald Trump and senior Pentagon officials in its protest against the $10 billion contract awarded to rival Microsoft Corporation (NASDAQ: MSFT). What Happened Amazon Web Services, in its lawsuit against the award...