Finance News – U.S.
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Amazon shareholders reject proposal to split CEO and chair roles
The decision to maintain combined CEO and chair positions may influence investor confidence and affect corporate governance dynamics, potentially impacting Amazon’s strategic direc...
Read Full Article →Founders of Amazon's PillPack launch health-care marketplace startup General Medicine
The new platform developed by the PillPack founders offers a digital space for users to access medical services or receive guidance on appropriate care, potentially transforming he...
Read Full Article →Nike is coming back to Amazon — and raising prices
Nike’s return to Amazon after a six-year absence is expected to influence revenue streams, as the brand introduces higher-priced products on the leading e-commerce platform.
Read Full Article →Amazon CEO Andy Jassy says tariffs haven't dented consumer spending
According to Amazon’s CEO, despite the implementation of extensive tariffs, the company has not observed a decline in customer purchasing behavior or a reduction in overall spendin...
Read Full Article →DOJ nabs Armenian crime org on charges including $83 million in Amazon cargo thefts
Authorities have apprehended multiple individuals linked to Armenian-American criminal networks involved in extensive illegal activities, including a major scheme resulting in thef...
Read Full Article →Armenian organized crime rings charged with stealing $83 million in Amazon cargo
A criminal network in Armenia reportedly impersonated delivery personnel to intercept valuable shipments intended for fulfillment centers, resulting in substantial financial losses...
Read Full Article →Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary
By acquiring a UPS subsidiary, Stord aims to enhance its logistics capabilities and potentially increase its market share in the competitive e-commerce industry, which may impact i...
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