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Jeff Bezos

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  • VAN HORN, Texas— An isolated edge of vast West Texas is home to a highly secretive part of the 21st- century space race, one of two being directed in the Lone Star State by Internet billionaires whose personalities and corporate strategies seem worlds apart. The presence of Blue Origin, LLC, the brainchild of Amazon founder Jeff Bezos, barely registers in nearby Van...

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • Correction: Amazon-Cloud Computing Business story Friday, 24 Apr 2015 | 2:35 PM ET

    NEW YORK— In a story April 23 about Amazon, The Associated Press reported erroneously that its quarterly revenues came in below analysts' estimates. They came in above analysts' estimates. NEW YORK— Amazon's profitable cloud-computing services business is growing by leaps and bounds.

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • Amazon's cloud future   Friday, 24 Apr 2015 | 6:13 AM ET
    Amazon's cloud future

    Daniel Ernst, Welch Capital Partners, weighs in on Amazon's profits in cloud computing.

  • April 23- Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments. Cloud computing has turned out to be more lucrative than expected, Wedbush Securities analyst Michael Pachter noted. Amazon's sales from North America rose 24 percent...

  • Amazon's Web Services boosts 1Q revenue Thursday, 23 Apr 2015 | 5:12 PM ET

    NEW YORK— Strong demand for cloud computing services helped Amazon's revenue jump 15 percent in the first quarter. And it's expanding Amazon Prime Instant Video, developing new content for its Prime members including a TV series with Woody Allen. But this quarter investors are most interested in details about Amazon's Web Services because it is the first time...

  • NEW YORK, April 22- For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. There are 116 funds with more than $1 billion under management that have either reduced or sold all of their holdings in the Internet retailer over the past 12 months. They include such well-known names...

  • NEW YORK, April 22- For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. There are 116 funds with more than $1 billion under management that have either reduced or sold all of their holdings in the Internet retailer over the past 12 months. They include such well-known names...

  • Bezos to lift veil on Amazon.com's secret sauce Wednesday, 22 Apr 2015 | 11:48 AM ET
    Amazon's Jeff Bezos

    When Amazon.com reports earnings Thursday after the bell, investors will learn about a closely guarded secret from the company for the first time.

  • Amazon, Google see this space as next pot of gold Sunday, 12 Apr 2015 | 5:59 PM ET
    Matt Feldman, a handyman who founded Homlux to provide home services and works with Amazon’s services program, in New York, April 10, 2015.

    Bringing the efficiency of the Web to household tasks has opened a new door to the multibillion-dollar home services industry, NYT reports.

  • Want to work at Apple? Here is the MBA for you Tuesday, 7 Apr 2015 | 1:41 PM ET
    Harvard Business School

    Different business schools can help you achieve your goals, whether it be working at Apple or changing the world, The New York Times reports.

  • The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. "It's Day 1 in the category," Amazon Chief Executive Jeff Bezos told the New York Times in an interview in 2012, saying the company was making a "...

  • The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes said, citing the person. "It's Day 1 in the category," Amazon Chief Executive Jeff Bezos told the New York Times in an interview in 2012, saying the company was making a "significant"...

  • The FAA also granted Amazon an exemption from other flight restrictions so the experimental drone can conduct those flights. The approval is a win for Seattle- based Amazon, the largest e-commerce company in the United States, and advances plans by the company and others to deliver packages using small, self-piloted aircraft. Amazon must keep flights below 400...

  • US regulators approve Amazon drone test flights Thursday, 19 Mar 2015 | 7:24 PM ET

    Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone outdoors.

  • SEATTLE, March 19- Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone outdoors, as the e-commerce giant pursues its vision of speeding packages to customers through the air, while facing public concern over safety and privacy. The FAA also granted Amazon an exemption from general flight restrictions on drones, or small unmanned...

  • March 19- Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone, as the e-commerce giant pursues a vision of speeding packages to customers through the air amid public concern over the safety and privacy implications. The Federal Aviation Administration said on Thursday it had issued an experimental airworthiness certificate to...

  • SAN FRANCISCO, March 2- Less than three months after U.S. and Cuban officials agreed to restore diplomatic ties, Amazon.com Inc appears to be laying the groundwork to ship packages to Cuba. A "ship to Cuba" button was seen on Monday on Amazon's website by Reuters correspondents in Havana. It is unclear how quickly Amazon, the largest U.S. online retailer, could start...

  • TABLE-Forbes rich list rankings Monday, 2 Mar 2015 | 2:34 PM ET

    March 2- Bill Gates topped Forbes magazine's annual list of the world's richest people, released on Monday, with Mexican telecommunications tycoon Carlos Slim Helu in second place. 6 Charles Koch $42.9 bln Up Diversified U.S. 6 David Koch $42.9 bln Up Diversified U.S. 8 Christy Walton $41.7 bln Up Wal-Mart Stores Inc U.S. 11 Alice Walton $39.4 bln Up Wal-Mart U.S. 12...