NEW YORK — Mike Maddaloni went to Amazon.com knowing exactly what he wanted to buy.
NASHVILLE — Gov. Bill Haslam on Tuesday said an Amazon operations hub expected to create 5,000 jobs in Tennessee will be “the single largest jobs commitment made by a company in Tennessee’s history.”
Amazon on Tuesday became the second publicly traded company to reach $1 trillion in market value, hot on the heels of iPhone maker Apple.
NEW YORK — U.S. stocks climbed Wednesday, driven by gains for big technology companies and Amazon. The S&P 500 and Nasdaq finished at record highs for the fourth day in a row.
China raised import duties on a $3 billion list of U.S. goods in response to the tariffs on imported steel and aluminum that President Donald Trump ordered last month.
The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.
The public opening is another sign that Amazon is serious about expanding its physical presence. It has opened more than a dozen bookstores, taken over space in some Kohl’s department stores and bought Whole Foods last year, giving it 470 grocery stores.
The company’s announcement last fall that it was looking for a second home launched a fierce competition among cities looking to lure Amazon and its promise of 50,000 new jobs and construction spending of more than $5 billion.
Sarah Ofori, a third-year student at Gatton, led the charge to compete in a contest in which pharmacy schools across the country tried to be chosen to screen the show before it’s official launch.
When the robots came to online retailer Boxed, dread came too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake.
Would you let a stranger in your house to drop off a package? Amazon hopes so.
NEW YORK — Grocers trying to compete with the threat of a combined Amazon and Whole Foods will have to make their stores more appealing, leverage their locations to offer delivery and do a better job of collecting shopper data. They may also need to seek innovative partners of their own.
The deal valued at $13.7 billion unites the company that persuaded people to buy books — and then everything else — online with the grocery store chain that fell behind as shoppers found “good enough” alternatives to the organic and natural foods it helped popularize.