Amazon Stock News

Amazon agreed to pay $500,000 to California''s government and to change its workplace practices after allegedly failing to properly inform employees of COVID-19 cases in their workplaces.

Last week was earnings week for many of the public online travel companies, and weve included stories summarizing those releases for several of the largest Expedia Group, Airbnb, Booking Holdings and Sabre. Weve also included copies of the transcripts of last weeks earnings calls for both Expedia and Booking. Enjoy. By: Foster Garvey PC

Amazon has agreed to pay $500,000 and be monitored by California officials to ensure it properly notifies its workers about new coronavirus cases

Amazon.com Inc has reached a settlement with California to resolve claims it concealed from warehouse workers and local health agencies the numbers of workers being infected with COVID-19, the state’s attorney general said on Monday. California accused Amazon of violating a September 2020 state “right-to-know” law, Assembly Bill 685, requiring that it keep workers up […]

After traveling to space, Amazons billionaire owner Jeff Bezos predicts billions of humans will be working in space colonies and come to Earth only to visit. The way you visit Yellowstone National Park, Bezos told participants at a panel discussion at the Ignatius Forum in Washington, DC, according to the Nov. 13 Independent. For Bezos, such depopulation []

The accord announced Monday requires Amazon to notify workers within one day and local health agencies with 48 hours about new COVID-19 cases in the workplace and pay $500,000 towards consumer protection enforcement in California, according to a statement from the office of Attorney General Rob Bonta.

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First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,790 shares of the e-commerce giant’s stock after acquiring an additional 87 shares during the […]

State of Alaska Department of Revenue boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,293 shares of the e-commerce giant’s stock after acquiring an additional 481 shares during the quarter. Amazon.com […]

First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,790 shares of the e-commerce giant’s stock after acquiring an additional 87 shares during the […]

Attorney General Rob Bonta said Monday that Amazon has agreed to pay $500,000 for violating a state law that requires employers to disclose COVID-19 outbreaks to their workers and local health authorities.

Sam Jadallah, Apple''s head of Home Services, left the company last week after two years leading some of Apple''s work on smart home initiatives. Jadallah announced his departure on LinkedIn , where he said that it was "a treat to be an entrepreneur within Apple and to create products at scale." Based on some of his tweets, Jadallah worked on digital key-related projects, such as Apple''s recent iOS 15 effort to add keys for HomeKit-enabled locks to the Wallet app. Apple hired Jadallah back in 2019 , and his hiring made headlines because he was brought on from Microsoft to improve Apple''s work on HomeKit-enabled devices. Jadallah formerly worked at Microsoft, and before joining Apple, he headed up luxury smart lock company Otto. When Jadallah was hired, many saw it as a sign of Apple''s effort to push further into the home space. Apple has been developing its HomeKit protocol and working on home devices like the HomePod for many years now, but it continues to lag behind companies like Amazon and Google, especially in the smart speaker department.

The industrial real estate market began experiencing a surge in demand when sales volume spiked to nearly $80 billion in 2015. While many investors would have expected supply to catch up by now, it appears this market isnt ready to cool off quite yet. Top Market Driver: One of the top contributors to the strong industrial real estate market is the growing demand among several companies for a more efficient supply chain. While brick and mortar retailers are fighting to keep up with e-commerce, companies like Amazon.com Inc (NASDAQ: AMZN ) are pushing to further dominate the market. The solution for both ends has been to implement a last-mile distribution strategy, adding distribution centers to more markets and bringing these facilities closer to densely populated urban areas. Industry Insight: I was recently able to chat with Daniel Full story available on Benzinga.com

The police arrested two men in the state with 20 kg of marijuana and found they were using Amazon`s India shopping website.

Jeff Bezos Blue Origin space venture has been getting a lot of press lately, but the Amazon founder and chairman says hes spending more money nowadays on Earths environmental welfare through his Bezos Earth Fund. Four and a half years ago, Bezos told reporters that he was selling about a billion dollars worth of his Amazon stock on a yearly basis to put toward Blue Origin. But at least for the time being, Bezos says thats trumped by his $10 billion, 10-year commitment to the environmental fund, which distributes grants to projects around the globe. During this months U.N. climate Read More