"Lawmakers are going to progressively put more scrutiny on these companies."
Retailers big and small continue to look to tap into a market that has often been dubbed "hotter" than the rest: athleisure.
WASHINGTON, July 20- Amazon, facing potential criticism of its plan to buy Whole Foods Markets, continued its multi-million lobbying effort- shelling out $3.2 million in the second quarter of this year- an increase from the $2.9 million spent in the first three months. But their decision, announced in June, to buy premium grocer Whole Foods for $13.7 billion roiled...
Proving again that it's willing to sacrifice profit to please customers, Amazon is buying some merchants' inventory at full price.
Seattle passed a new income tax on households earning more than $500,000, prompting the state's Republicans to revolt.
Last week, Seattle's city council passed a 2.25 percent tax on income above $250,000 for individual filers and income over $500,000 for couples.
IBM's struggles are "just another Amazon story in some ways," Jim Cramer says.
Fifty-three-year old Amazon CEO Jeff Bezos was spotted walking around the Sun Valley conference and people can't stop talking about it.
Amazon might as well have legally named its meal kit takeover “Death to Blue Apron," says Dealbreaker's Thorton McEnery.
The retail sector's problems are expected to have severe impact on the United States' labor market, Financial Times reports.
Amazon and Whole Foods declined to comment. Whole Foods rose 0.3 percent to $42.10. "Amazon's proposed purchase of Whole Foods could impact neighborhood grocery stores and hardworking consumers across America," the Rhode Island Democrat said in a statement.
While many in business preach the words of writer Ayn Rand, devotees like Kalanick find themselves falling from glory, The New York Times reports.
The "Squawk on the Street" news team talks about Amazon's Prime Day sales and its impact on the retail sector.
July 10- Warren Buffett on Monday donated roughly $3.17 billion of Berkshire Hathaway Inc stock to the Bill& Melinda Gates Foundation and four family charities, his largest contribution in a more than decade-long plan to give away his fortune. Berkshire said Buffett, 86, has made $27.54 billion in donations since 2006 to the five charities, including roughly...
While Prime Day is big for Amazon, Alibaba's Singles Day in China dwarfs it in every way.
CNBC's Deirdre Bosa reports on the economics of Amazon's annual "Prime Day" from the company Seattle campus.
Walter Isaacson, Aspen Institute president and CEO, discusses how Amazon has lasted through the years and is pulling ahead of its competitors.
On May 23, Whole Foods received an initial offer from Amazon to acquire the supermarket company for $41 per share, new details in a proxy statement reveal.
Amazon and Dish Network are said to be exploring a potential partnership in the wireless business.
July 6- Dish Network Corp Chief Executive Charlie Ergen and Amazon.com Inc head Jeff Bezos have discussed a partnership to enter the wireless business, the Wall Street Journal reported, citing people familiar with the matter. Dish's shares were up 1.2 percent at $63.53, while Amazon shares were down 0.3 percent. Dish faces a Federal Communications Commission...