S&P 500 Ends Week in Green as Apple Leads Tech Resurgence
By Yasin Ebrahim Investing.com – The S&P 500 delivered a weekly win Friday, as an Apple-led resurgence in tech helped the broader market recover losses from earlier this week when the...
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Amazon.com News & Analysis
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Affirm Holdings Rallies After DA Davidson Upgrade
By Sam Boughedda Investing.com — Fintech company Affirm Holdings Inc (NASDAQ:AFRM) shares surged 16% Friday on the back of an upgrade by DA Davidson. Analyst Christopher Brendler...
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S&P 500 Rides Apple Rally Higher as Tech Fights Back
By Yasin Ebrahim Investing.com – The S&P 500 rallied Friday, as blowout quarterly results from Apple put tech back into the driving seat following a recent rout amid jitters about a faster...
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What really happens to Amazon returns
Returns are at a record high as online shopping booms. Now Amazon is trying to destroy less inventory with new options to refurbish, resell and liquidate items.
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Amazon Grand Gaming Days sale: A quick look at laptops deals
During Amazon's Grand Gaming Days sale, the 15.6-inch Lenovo Ideapad FHD gaming laptop is selling for Rs 74,490. Read on to know more about other laptop deals.
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NLRB files complaint against Amazon for âthreatening, surveilling and interrogatingâ workers
Amazon reportedly hired a union avoidance consultant who told workers that union organisers were âthugsâ.
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Amazon-Future case: SC terms it a ping-pong game
Amazon on Friday sought an urgent hearing in the Supreme Court on appeal against the High Court's stay on arbitration in the Amazon-Future Retail case.
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S&P 500 Closes Lower After Struggling to Hold Gains Amid Tesla, Intel Rout
By Yasin Ebrahim Investing.com – The S&P 500 gave up intraday gains to trade lower Thursday, as a slump in Tesla and an Intel-led rout in chip stocks weighed on the broader market just as...
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FRL's independent directors acting for benefit of promoters: Amazon
It is not for the benefit of FRL's shareholders, creditors, vendors and employees, alleged Amazon's letter to FRL's independent directors
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Future to sell 25% stake in insurance biz
Currently, Future holds 51% stake in the joint venture, while Generali holds 49%.Once the deal is complete, Generali will take control of the business with a 74% stake
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Amazon says Future Retail directors acting at behest of promoters
The attempt made by the independent directors of Future Retail to question Samara Capital’s term sheet shows statements are being made at the behest of Future’s promoters’ and to protect...
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Amazon paid employees to tweet nice things about the company: Report
E-commerce giant Amazon has shut down a controversial influence campaign in which it paid its employees to tweet nice things about the company, Financial Times reported on Thursday.
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Facing a Tough Environment, Is Amazon Tougher?
The world’s largest online retailer is set to release its quarterly and upcoming earnings after-hours on Thursday, February 3, and the situation may not be as rosy ...
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Apple is the most valued brand of 2022, followed by Amazon, Google, Microsoft and more tech firms
Apple has been ranked at the top of the list showing 500 global companies with the highest brand values. The company's continued success across verticals is being credited to the strong...
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70% of Indians frustrated with OTT viewing experiences: Accenture
In addition to the challenge of finding something to watch, consumers in India also think more than 60% of the content they are paying for is not relevant to them
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Amazon offering deals on headphones, speakers in Mega Music Fest. Check the offer
Brands like boAt, Sony, JBL, Casio, Maono & more are available
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We are building one of the best tech teams in India: Puneet Chandok of AWS
We are committed to investing in India and putting the power of AWS Cloud in the hands of customers and partners, be it enterprises, startups, SMBs, or developers. We will continue to double...
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SC agrees to hear Future Retail plea against lenders declaring co as NPA
The apex court also wanted to hear Amazon in the case, but senior counsel for Future Group Mukul Rohatgi informed the court that the matter was not related to Amazon
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Amazon Prime Video acquires three films from late Kannada actor’s company
Movies in the four South Indian languages, including their dubbed Hindi versions, are bringing big returns for streaming platforms, contributing 10-25% to overall viewership, following the...
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Gig workers ride solo during third wave
Many delivery staffers say companies not helping with second shots, PPE gear; online firms refute claims
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Amazon Faces Unionization Battle in Staten Island
The National Labor Relations Board says the nascent Amazon Labor Union has enough support from workers to hold an election for a New York warehouse.
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Republic Day sales march past last year's numbers, Amazon and Flipkart see 40% surge in business
The surge is led by categories such as mobile phones, household appliances, general merchandise and furniture.
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Amazon workers meet requirements to hold union election at New York warehouse -NLRB
(Reuters) – A group of Amazon.com workers has met the requirements to hold a union election at a warehouse in Staten Island, New York, a spokeswoman for the U.S. National Labor Relations...
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Ocado unveils lighter robots to help grocery giants like Kroger take on Amazon
The U.K. company sells its retail automation technology to top retailers including Kroger, Britain's Morrisons and France's Casino.
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Fed Day, Stocks Rebound, Earnings and Bank of Canada - What's Moving Markets
By Noreen Burke Investing.com -- The Federal Reserve is expected to lay the groundwork for a March rate hike as it grapples with high inflation, setting aside concerns over the recent bout...
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Microsoft Rises as Cloud Drives Q2 Growth, Momentum Seen Intact
By Dhirendra Tripathi Investing.com -- Microsoft stock (NASDAQ:MSFT) traded 3% higher in premarket Wednesday after its Cloud business powered ahead in the second quarter to emerge as its...
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FIR against Amazon sellers for printing national symbols on products
An FIR has been registered in Bhopal against unidentified sellers on e-commerce giant Amazon for printing national symbols on various products, said police."An FIR has been registered...
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Future Group junks Amazon's offer
New Delhi, January 25 Independent directors of Future Retail Ltd (FRL) have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara...
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With only 3 days left to clear debt, Future Retail asks SC for more time to avoid an NPA tag
The retailer said it could not raise funds to service the debt because a myriad of litigations by Amazon prevented it from selling its smaller format stores despite FRL not being a signatory...
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Amazon endorses federal cannabis legislation from Republican Congresswoman Nancy Mace
Amazon.com Inc.'s Amazon Public Policy Twitter account on Tuesday said the company supports a measure by Congresswoman Nancy Mace, D.-S.C., to legalize cannabis. "We're pleased to endorse...
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Affirm's Price Target Lowered By Mizuho Despite Positive Comments
By Sam Boughedda Investing.com — Shares of Affirm Holdings Inc (NASDAQ:AFRM) are down more than 1% Tuesday after Mizuho Securities lowered its price target. Analyst Dan Dolev cut the...
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Future Retail moves SC to avert defaulter tag
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors...
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Future Retail in SC to avert defaulter tag; independent directors reject Amazon brought offer
In the petition, Future cited its dispute with partner Amazon, which has stalled its Rs 24,713 crore retail asset sale to Reliance.
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Top headlines: FRL turns down Amazon bailout offer; Maruti Q3 net falls 48%
Business Standard brings you the top headlines on Tuesday
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upGrad shifts majority of its IT infrastructure to Amazon Web Services
upGrad uses AWS' Amazon Redshift to analyse learners’ usage patterns, preferences, profile information, coursework, job applications and career progression. It also plans to procure SaaS...
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'Smoke and mirrors': FRL independent directors reject Amazon bailout offer
The independent directors said the price of Rs 7,000 crore is ''significantly below the amount needed to discharge FRL's total liabilities''
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Future Retail's independent directors turn down Amazon's bailout offer
FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29....
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Amazon, Netflix Sign Same Studio for Indian Content – Report
Amazon (AMZN) and Netflix (NFLX) have both partnered with Clean Slate Filmz to supply them with content for their streaming services in India, Bloomberg reports. Shares of AMZN rose 1.33% to...
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FRL accepts Reliance's bailout offer, rejects Amazon's proposal
Independent directors of Kishore Biyani-led Future Retail Limited told Amazon its offer to provide Rs 3,500-cr funding was 'a game of smoke and mirrors'
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MP Home Min Directs DGP to File FIR Against Amazon Officials, Owner for Selling Shoes With Image of Tricolour
Amazon faced the ire of a section of Indian social media users over merchandising some products that feature images of the Indian flag, with some saying that using the tricolour in such a...
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Future Retail Declines Amazon Offer of Financial Support Though Third Party Company
Future Retail's independent directors had last week asked Amazon if it was willing to give a longterm loan to avoid default on repayment of Rs 3,500 crore loan due on January 29.
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Future rejects Amazon's offer of financial aid
The Group cited lower value for its assets as compared to Reliance Industries Ltd’s offer.
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Future approaches SC to prevent lenders from declaring it a defaulter
Earlier, this month Future Retail missed the due date for payment of ₹3,494.56 crore to banks as it failed to sell its assets due to the ongoing litigation with Amazon impacting its...
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Fight With Amazon Means We Need More Time To Pay Banks: Future Retail
Even as the Future Group is involved in a dispute with Amazon.com, it has challenged its own lenders in Supreme Court.
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