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Amazon and Target aim for expansion as same-day delivery demand returns

The push for same-day deliveries, which had been largely halted by the pandemic and the ensuing surge in parcel volumes, is picking up momentum...

Walmart Blocks Amazon From Buying Canoo’s Electric Delivery Vans

Walmart Inc.’s deal backing an electric-vehicle startup has some strings, including a provision preventing sales to rival Amazon. The retail giant’s agreement to purchase as...

Amazon Drone Crashes, Delays Dim Jeff Bezos’ Delivery Dreams

Jeff Bezos went on 60 Minutes in 2013 and pledged to fill the skies with a fleet of delivery drones that could zip parcels...

Amazon posts big net loss, drop in operating income

Inc. shares took an after-hours beating Thursday after the e-tailing giant posted a $3.8 billion first-quarter net loss, equal to $7.56 per diluted share,...

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