German watchdog launches new Amazon investigation

2020-08-16

  Reuters. File photo. Amazon’s logistics center in Lauwin-Planque BERLIN (Reuters) – Germany’s antitrust agency has launched a new investigation into Amazon’s (Nasdaq:) relationship with third-party traders who sell on its website, the head of the agency was quoted as saying on Sunday. “We are currently investigating whether and howRead More →

Amazon considers opening stores in Germany: report By Reuters

2020-01-04

© Reuters. A customer leaves a new Amazon pop-up store for Christmas at Berlin’s main shopping street Kurfurstendamm boulevard in Berlin BERLIN (Reuters) – Amazon.com (O:) is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company’s head in the country was quoted asRead More →

Why UBS thinks Amazon shares are headed to $2,100

2019-12-19

The headlines are all about President Donald Trump’s impeachment, but the stock markets don’t care. And unless investors begin to think a Republican-controlled Senate will vote to remove him, that attitude won’t change. With just eight trading days left to go in the year, it’s tough to get markets excitedRead More →

What Amazon is really accusing Trump of doing in JEDI deal

2019-12-10

Much of the coverage of Amazon.com Inc.’s appeal of the $10 billion-a-year JEDI contract focused on President Donald Trump’s antagonistic tweets and statements about Chief Executive Jeff Bezos, but as is typical in this administration, the actions taking place in secret amid the tweets are much more important. As impeachmentRead More →

Jeff Bezos wants Amazon to get more Pentagon contracts

2019-12-08

Amazon founder and CEO Jeff Bezos said the company won’t shy away from the business of warfare — and aims to compete for more defense contracts. Bezos made the comments during a two-day defense forum that closed out Saturday at the Reagan Library in Simi Valley, California, saying his companyRead More →