Amazon

Amazon has launched a pharmacy business, offering to fill prescriptions for delivery by mail.

The retail giant barging in — its biggest foray into health care yet — reverberated through the industry on Tuesday. Shares of CVS were down about 8% at midday, while Walgreens tumbled 9% and Rite Aid 15%.

Prescription drugs are an industry worth hundreds of billions of dollars — and more people have turned to ordering medications by mail during the coronavirus pandemic. Analysts say Amazon's move could particularly affect smaller drugstores.

Updated at 3:06 p.m. ET

European Union officials are accusing Amazon of breaking EU competition rules by exploiting the data the company collects from other sellers on its platform for its own benefit. These are the first formal charges against the tech and retail giant in a spate of antitrust investigations around the world.

Amazon is planning to build two fulfillment centers in Kansas, including one in Park City, just north of Wichita.

Seattle-based Amazon said Friday that the centers combined will create 1,000 jobs with a minimum starting salary of $15 an hour. The other center will be in Kansas City, Kansas.

“Today’s Amazon announcement further proves why Kansas can offer prospective businesses the kind of workforce, infrastructure, and central location that can compete with anywhere in the country,” Kansas Gov. Laura Kelly said in a statement.

Walmart is officially launching a new rival to Amazon Prime: an annual membership service giving shoppers free delivery of groceries and other perks.

Walmart+ will cost $98 a year or $12.95 a month. Its offer centers on free delivery of food and other items from nearby stores "as fast as same-day." Other perks, which the company expects to expand, include a discount on gas at the company's stations and the ability to pay by mobile phone to skip checkout lines at stores.

After long resisting calls for Jeff Bezos to testify in Congress, Amazon says it will make its founder available for a hearing this summer alongside other CEOs. Lawmakers summoned Bezos as part of a wide-ranging inquiry into the market power of U.S. tech giants.

Retail giant Amazon has been in talks to acquire Leawood-based AMC Theatres, the world’s largest theater operator, according to a British newspaper.

Shares of AMC were up 18% in premarket trading Monday, fueling speculation about a deal.

The Daily Mail, citing anonymous sources, said the companies held talks about a possible takeover of AMC by Amazon but the newspaper said it was unclear if the talks were ongoing.

Amazon says it plans to hire 100,000 new workers for warehouses and delivery service in the U.S. as more people turn to online shopping for supplies as they're isolated at home during the coronavirus outbreak.

"Hello, planet! Wake up! Without the Amazon, you can't breathe!" protesters chanted Friday in Rio de Janeiro, as they filled the front steps of city hall carrying painted crosses traditionally seen at funerals. That night, they were mourning the rainforest.

More than 30 protests took place across Brazil this weekend to voice outrage over fires burning through the Amazon.

Amazon celebrated the grand opening of its third "fulfillment center" in Kansas on Tuesday.

The new 850,000 square-foot Kansas City, Kansas, began operations on August 6, 2017; other facilities were already operating in Lenexa and Edgerton. The centers serve as the conduit between an online order on Amazon to the shipment to the customer. 

Massive Amazon Wind Farm Opens In West Texas

Oct 19, 2017
Rutlo / Flickr Creative Commons

Amazon’s largest wind farm to date is up and running in West Texas, reports Engadget.com.

Known as Amazon Wind Farm Texas, the wind energy operation is located in Scurry County, near Snyder, Texas.

The entire operation includes over 100 turbines and will generate enough clean energy to power more than 330,000 homes. Amazon plans to take whatever energy it needs from the farm, then sell the rest to the state’s energy users.

The online retail giant Amazon announced a deal in June that showed its latest ambition: to completely change how America gets its food.

The latest step toward that goal is a proposed merger with Whole Foods Market, worth nearly $14 billion. The deal recently passed a key hurdle after the U.S. Federal Trade Commission decided the sale  would not hamper competition or provide an unfair advantage.

Amazon will begin collecting sales tax in Oklahoma

Feb 6, 2017
Aurelijus Valeiša / Creative Commons

Amazon will soon begin charging a sales tax in the Sooner State, reports The Oklahoman.

The online retailing behemoth will start collecting the tax beginning on March first. But, unfortunately, those extra collected funds will not go toward easing the burden of Oklahoma’s massive budget shortfall.

That’s because the extra Amazon revenue was already built into Oklahoma’s budget estimates.

The many steps of the donated clothing process

Dec 28, 2016
Flickr

Amazon is teaming up with Goodwill to make donating as simple as filling up a box.

Amazon to Build Huge Wind Farm in West Texas

Sep 20, 2016
amazon.com

Amazon has plans to invest in a massive Texas wind farm, according to FuelFix.

The Seattle-based online retail giant is teaming up with Chicago’s Lincoln Clean Energy to build a 250-megawatt wind farm in Scurry County, west of Abilene. The company plans to begin operations in 2017.

The wind farm will feature 100 wind turbines which will power Amazon’s Texas’ facilities, with the leftover energy feeding into the overall state grid.