Amazon News

Amazon Adds Insurance and Gold to Financial Service Offerings in India

Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground ...

State Auto Plans Broad Rollout of Agent Platform Developed With Amazon

State Automobile Mutual Insurance Company is planning a national rollout of a platform designed with Amazon to help independent insurance agents better serve the insurer's policyholders. A beta ...

Calif. Court Rules Amazon Can Be Liable for Injuries From Defective Products

Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday. ...

Amazon Starts Using AI for Warehouse Social Distancing Risk Reduction

Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new ...

Amazon Says It Has Also Dealt With Tesla Solar Panels Catching Fire

Walmart Inc. isn't the only corporation that has seen its Tesla Inc. solar panels catch fire. On Friday, Amazon.com Inc. said a June 2018 blaze on the roof of one of its warehouses in Redlands, ...

Buffett’s Berkshire Hathaway Boosts Amazon Investment Stake

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks ...

Dog Collar Liability Ruling Could Harm Amazon’s Broader Business Model

A federal court ruling that Amazon.com Inc. can be held liable for a dog collar sold on its website that partly blinded a woman could complicate the online merchant's business if it is applied ...

Amazon Autonomous Delivery Robots Coming to Seattle Suburbs

Amazon.com Inc. will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last-mile of delivery that's a labor-intensive and costly component of ...