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S&P 500 limps to slightly lower close as quarter-end looms

Reuters
U.S. economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P down 0.07%, Nasdaq off 0.03% NEW YORK, June 29 (Reuters) – The S&P 500 ended a seesaw session slightly down......

Amazon places purchase limit on emergency contraceptive pills

Reuters
June 28 (Reuters) – Amazon.com Inc (AMZN.O) has placed a temporary purchase limit of three units per week on emergency contraceptive pills, the company said on Tuesday. The move comes days after the U.S. Supreme Court overturned the landmark 1973 Roe v. Wade ruling that recognized women’s constitutional right to......

U.S. tech industry frets about handing data to states prosecuting abortion

Reuters
PALO ALTO, Calif., June 24 (Reuters) – The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the U.S. Supreme Court’s decision on Friday to overturn the Roe v. Wade precedent that for decades guaranteed a woman’s......

Russian e-commerce firm Ozon starts selling goods via parallel imports mechanism

Reuters
This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 23 (Reuters) – Russian e-commerce firm Ozon (OZON.O) said on Thursday it had started selling goods through a parallel imports mechanism on its platform, benefiting from legislation Russia has brought in......

Amazon has a plan to make Alexa mimic anyone’s voice

Reuters
LAS VEGAS, June 22 (Reuters) – Amazon.com Inc (AMZN.O) wants to give customers the chance to make Alexa, the company’s voice assistant, sound just like their grandmother — or anyone else. The online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute......

Thousands march in Quito after night of Ecuador protest violence

Reuters
QUITO, June 22 (Reuters) – Thousands of indigenous protesters held a peaceful march through Ecuador’s capital, Quito, on Wednesday to demand that President Guillermo Lasso address price rises that have ignited 10 days of demonstrations across the country. Disquiet over costs for fuel, food and other basics has exploded into......

Big Tech bill advocates and critics keep pressure on U.S. lawmakers

Reuters
The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 21 (Reuters) – Supporters of a U.S. bill aimed at reining in Big Tech platforms like Amazon.com (AMZN.O) and Alphabet’s Google (GOOGL.O) have flooded lawmakers with......

Amazon names veteran Herrington as head of consumer business

Reuters
The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – Amazon.com Inc (AMZN.O) on Tuesday named Doug Herrington as the head of its consumer business, tasking the......

Analysis: Europe’s summer of discontent reveals travel sector labour crisis

Reuters
AMSTERDAM/PARIS/DOHA, June 19 (Reuters) – After 21 years as a service agent at Air France (AIRF.PA), Karim Djeffal left his job during the COVID-19 pandemic to start his own job-coaching consultancy. “If this doesn’t work out, I won’t be going back to the aviation sector,” says the 41-year-old bluntly. “Some......

Meta, Google, Twitter vow to fight fake news better as EU gets tougher

Reuters
BRUSSELS, June 16 (Reuters) – Meta , Alphabet (GOOGL.O) unit Google, Twitter (TWTR.N) and Microsoft (MSFT.O) agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so. More than 30 signatories......

S&P 500 dips with Fed policy announcement on tap

Reuters
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 7, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register FedEx jumps after lifting quarterly dividend by more than 50% Oracle rises as sales, profit top estimates......

U.S. bill to rein in Big Tech backed by dozens of small and big companies

Reuters
WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations sent a letter to U.S. Congress members on Monday, urging them to support a bill that would rein in the biggest tech companies such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google. Last week, Democratic U.S. Senator Amy Klobuchar and......

In ‘miracle’ city Shenzhen, fears for China’s economic future

Reuters
SHENZHEN, China, June 13 (Reuters) – (This June 12 story has been refiled to clarify location in penultimate paragraph) David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked......

India tribunal rejects Amazon appeal against suspension of deal with Future

Reuters
MUMBAI, June 13 (Reuters) – An Indian appeals tribunal on Monday rejected Amazon.com Inc’s (AMZN.O) appeal against an antitrust suspension of its $200 million investment deal with Future Group, saying the U.S. company concealed information when it sought approval in 2019. India’s antitrust agency issued the suspension in December, stating......

Amazon to pull Kindle out of China

Reuters
The sign of e-commerce website Amazon China is seen next to a Kindle e-reader displayed in this illustration , taken on December 15, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 2 (Reuters) – Amazon.com (AMZN.O) said that from Thursday it will stop supplying......

GameStop quarterly revenue beats estimates on higher demand for video games

Reuters
People walk by a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 1 (Reuters) – GameStop Corp (GME.N) reported first-quarter revenue that exceeded market expectations on Wednesday, as the video game retailer pivots toward a more online-focused......

Amazon investor proposal to review plastic use narrowly fails to clear

Reuters
The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes Register now for FREE unlimited access to Reuters.com Register May 27 (Reuters) – Amazon.com Inc’s (AMZN.O) investor-led proposal to review its use of plastic won 49% support even as......

Britain’s M&S pulls out of Russia and warns on outlook

Reuters
A woman walks past a Marks & Spencer store at Oxford Street in London, Britain, July 20, 2020. REUTERS/Henry Nicholls/File Photo Register now for FREE unlimited access to Reuters.com Register 2021-22 underlying pretax profit 522.9 mln pounds Made ‘encouraging’ start to 2022-23 But says starting year from lower profit base......

Amazon.com faces record challenges at shareholder meeting

Reuters
Potential job applicants line up to register for “Amazon Jobs Day,” a job fair being held at 10 fulfillment centers across the United States aimed at filling more than 50,000 jobs, at the Amazon.com Fulfillment Center in Fall River, Massachusetts, U.S., August 2, 2017. REUTERS/Brian Snyder/File Photo Register now for......

Australia’s Woolworths offers to buy majority stake in MyDeal.com

Reuters
People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. REUTERS/Loren Elliott/File Photo Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – Australia’s Woolworths Group (WOW.AX) on Friday offered......

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