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Amazon.com Inc


  • SEATTLE— Seattle, notorious for boom-and-bust cycles stretching back to the 19th century Alaska gold rush, is booming once again. But the boom has brought handwringing, as residents fret over whether Seattle has become a traffic-snarled city for the rich with soaring rental rates, overly dependent on the company behind it all: Amazon. "A lot of people who have...

  • A line of inflatable baby floats with a bad seam that can leak air are among this week's recalled consumer products. Other recalled consumer products include faulty snowmobiles and golf cars. They were sold at Otteroo.com and Amazon.com and Zulily.com from January 2014 through July 2014.

  • NEW YORK— Barnes& Noble, which is splitting into two companies next month, named Sears Canada CEO Ronald Boire to lead its retail operations and said company CEO Michael Huseby will become executive chairman of its educational wing. Boire will join the company in September as CEO of Barnes& Noble Inc., overseeing its nearly 650 stores and its Nook e-book business.

  • SAN FRANCISCO, July 1- PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc.. The acquisition would allow Xoom to expand into new markets with less execution risk, Xoom CEO John Kunze...

  • July 1- Macy's Inc said on Wednesday it would end its business relationship with Donald Trump, and New York City said it was reviewing its contracts with the billionaire developer and U.S. presidential hopeful because of his comments insulting Mexicans. In New York City, where Trump built his fortune in real estate, his company has a contract to run a golf course at...

  • 3,000 baby floats recalled because they can deflate Wednesday, 1 Jul 2015 | 2:51 PM ET

    NEW YORK— About 3,000 inflatable baby floats are being recalled because they can deflate, posing a risk that a child could drown. The U.S. Consumer Product Safety Commission said Wednesday that the seams on the floats, distributed by Otteroo Corp. of San Francisco, can leak air. They were sold on Otteroo.com, Amazon.com and Zulily.com between January 2014 and July...

  • SAN FRANCISCO, June 30- Amazon.com Inc launched its one-hour delivery service, Prime Now, for select areas of London on Tuesday and said it would expand the program to additional cities in the United Kingdom by the end of the year. London is our first Prime Now city in the UK and we are already working on making Prime Now available in more postcodes in London and...

  • *Capital controls prevent transfers of cash out of Greece. LONDON, June 30- Monday was the day the music died for thousands of song downloaders and music streamers in Greece. Transfers of funds out of Greece were banned to prevent a collapse of the banking system after Prime Minister Alexis Tsipras rejected the terms of a bailout offer from international lenders.

  • For some riders, Uber is networking gold Tuesday, 30 Jun 2015 | 12:25 PM ET
    An UberPool image from the company's website.

    One Uber service has promises cheaper fares and less impact on the environment, but for some passengers there's a third benefit.

  • As Christie eyes White House, New Jersey wants jobs Tuesday, 30 Jun 2015 | 11:32 AM ET

    NEW YORK, June 30- New Jersey Governor Chris Christie's second-in-command gave her pitch to a small crowd at a Philadelphia biotechnology convention in June with her signature move: giving out her cell phone number. "Now, no one from New Jersey! I want the guys that aren't already here in New Jersey. "

  • NEW YORK, June 30- A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase e-book prices, in a victory for the U.S. Justice Department. By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals agreed with a lower court judge that the conspiracy violated federal antitrust law, and that the judge acted properly in...

  • Online retailer Amazon opens in Mexico Tuesday, 30 Jun 2015 | 10:47 AM ET

    MEXICO CITY— Online retail giant Amazon has opened its Mexico site for business, offering free delivery on orders of over 599 pesos. A statement posted on the Amazon.com. mx site Tuesday said "we are launching in Mexico with more categories, more items and more functions than any other international Amazon website has featured at launch." Among its Mexico...

  • NEW YORK— Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a divided federal appeals court panel said Tuesday. A three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan ruled 2- to-1 that a lower-court judge correctly found Apple...

  • Amazon launches one-hour delivery service in London Tuesday, 30 Jun 2015 | 7:55 AM ET

    June 30- Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday. Amazon launched Prime Now in...

  • The report by the World Economic Forum, the Swiss-based corporate think-tank which runs the Davos summit of world leaders each January, says major disruptions are in store for many once highly profitable financial services businesses. Exemplifying the trend, UK regulators last week granted a banking license to Atom, a "branch-free, paper-free" institution...

  • Amazon opens loan program in UK, plans for China Tuesday, 30 Jun 2015 | 1:46 AM ET
    An employee stacks items to be shipped at the Amazon.com Inc. fulfillment center.

    Amazon will start a business loan program for small sellers in the U.K. and is looking to launch later this year in China.

  • What's driving Detroit's manufacturing turnaround? Monday, 29 Jun 2015 | 11:45 AM ET
    Emerging from bankruptcy last year, Detroit's resurgence in manufacturing is seen as a major pathway to continued recovery.

    No longer in bankruptcy, Motor City is busy nurturing 1,400 next-gen advanced manufacturers to rekindle its legacy as a production hub.

  • The bad behavior of visionary leaders Monday, 29 Jun 2015 | 10:30 AM ET
    Steve Jobs at Macworld in 2004.

    The New York Times looks at whether being relentlessly hard on people, and even cruel, may get them to perform better.

  • Amazon expands loan business to 8 other countries Monday, 29 Jun 2015 | 9:45 AM ET
    An employee walks over a logo on the floor of Amazon.com Inc.'s fulfillment centers in Rugeley, U.K., on Monday, Dec. 2, 2013.

    Amazon.com will launch its business loan program for small sellers later this year in eight more countries including China.

  • These 7 stocks have seen their valuations skyrocket Monday, 29 Jun 2015 | 8:00 AM ET
    Red Netflix envelopes sit in a mail bin at the U.S. Post Office sort center, March 30, 2010, in San Francisco.

    Besides Netflix, the seven stocks that have seen the biggest increase in valuations over the past year all share one predictable attribute.