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This file photo shows the Amazon logo. Amazon said that it has more than 100 million paid Prime members, the first time the company has given out a specific number on its paid subscriber base. (AP Photo/Reed Saxon, File)Business
Amazon posts quarterly profit of $2billion; shares rally

Of the 48 analysts covering the stock, 46 have a buy rating, while only 2 rated it hold .

28 July 2018 6:02 AM IST

Amazon logo (PTI)Business
Amazon temporarily raises overtime pay for warehouse workers

Hourly workers at Amazon's US warehouses will receive double pay after 40 hours for overtime

22 March 2020 11:17 AM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)Business
Amazon boosts hourly pay to over $18, to hire 125,000 workers

Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike

14 Sept 2021 5:37 PM IST

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