AMZN Forex News
Amazon Fined $5.9 Mln By California For Labor Law Violations
California's Labor Commissioner has fined Amazon.com Services, LLC $5.902 million citing that the e-commerce giant failed to meet requirements of the Warehouse Quotas law at its warehouses in two counties. The Warehouse Quotas law, which was enacted in 2021 as Assembly Bill 701 and went into effect on January 1, 2022, protects the state's workers, and prevents work quotas that are kept secret...
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1 day ago
FAA Approves Amazon Prime Air Drones To Fly Beyond Visual Line Of Sight
Amazon announced that Prime Air, its drone delivery service, has received approval from the Federal Aviation Administration or FAA to fly its drones farther, beyond visual line of sight. The approval would allow Prime Air to further expand drone deliveries and to safely scale operations to more locations in the U.S.
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20 days ago
Amazon, Microsoft, Pfizer To Invest Billions In French Projects
Major companies, including Amazon.com Inc., Microsoft Corp., Morgan Stanley, Pfizer and others, have announced around 15 billion euros or $16.2 billion worth foreign investments in France as part of the country's annual 'Choose France' business summit, reports said. French President Emmanuel Macron kicks off the summit of 180 CEOs and executives on Monday, aiming to showcase foreign investment.
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38 days ago
CPSC Recalls: UTVs, Snowmobiles, Wall Ovens, Chairs, Toy Pinwheels, Nightgowns
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including utility vehicles or UTVs and snowmobiles, as well as electric wall ovens, spin swivel chairs, toy pinwheels, and children's nightgowns citing various reasons. Augusta, Georgia-based Textron Specialized Vehicles is recalling Prowler Pro and Tracker UTVs citing fire risk, as well as Arctic Cat Model Year 2024...
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41 days ago
CPSC Recalls: Electric Smokers, Climbing Sticks, Bicycle Helmets, Fuel Bottles
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including digital electric smokers, climbing sticks, bicycle helmets and fuel bottles citing various reasons. The recall involves Char-Broil LLC's digital electric smokers due to risk of electric shock; FeraDyne Outdoors LLC's Rhino Climbing Sticks for fall and laceration hazards...
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125 days ago
Amazon Unveils Rufus AI Shopping Assistant
Amazon announced the launch of Rufus, a new generative AI-powered conversational shopping assistant, aiming to help customers make more informed purchase decisions.
Rufus has been launched in beta to a small subset of customers in Amazon's mobile app. It will progressively roll out to additional U.S. customers in the coming weeks. The new shopping assistant is trained on Amazon's product catalo
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139 days ago
IRobot Fall Continues On Reports Of EU Regulator's Plan To Block Amazon Acquisition
The European Union's competition regulator plans to block Amazon.com Inc.'s proposed $1.4 billion acquisition of robot vacuum maker iRobot Corp., reports said. Following the news, the shares, which fell more than 14 percent on Thursday's regular trading on Nasdaq, extended its loss by 38 percent in the pre-market activity on Friday.
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153 days ago
Amazon Not Offering Concessions To EU For IRobot Deal Approval
e-commerce behemoth Amazon.com, Inc. has not offered concessions to the European Commission in its bid to garner approval for its proposed $1.7 billion takeover of Roomba robot vacuum cleaner maker iRobot Corp., according media reports on Thursday.
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161 days ago
Amazon To Roll Out Ads On Prime Video From Jan. 29
Amazon.com plans to start streaming limited advertisements into Prime Video movies and TV shows from January 29, according to an email sent to its subscribers. Meanwhile, the tech major would charge an additional fee for keeping the service ads free. Such ads would be meaningfully fewer than linear TV and other streaming TV providers, the company said.
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175 days ago
AWS Launches Second AWS Infrastructure Region In Canada; To Invest $17.9 Bln In Canada Through 2037
Amazon Web Services (AWS), an Amazon.com, Inc. company (AMZN) announced Wednesday the launch of its second AWS infrastructure Region in Canada, the AWS Canada West (Calgary) Region.
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183 days ago
