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Exclusive: Amazon pauses sellers" loan repayments amid coronavirus

Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic......»»

Category: topSource: reutersMar 25th, 2020

Exclusive: Amazon in contact with coronavirus test makers as it plans pandemic response

Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters......»»

Category: topSource: reutersApr 4th, 2020

Exclusive: Amazon to delay Prime Day event due to coronavirus, outlines cloud risks

Amazon.com Inc is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to internal meeting notes seen by Reuters......»»

Category: topSource: reutersApr 3rd, 2020

Exclusive: Amazon to delay Prime Day sales event due to coronavirus

Amazon.com Inc is postponing its major summer shopping event Prime Day at least until August and expects potentially a $100 million hit from excess devices it may now have to sell at a discount, according to internal meeting notes seen by Reuters......»»

Category: topSource: reutersApr 3rd, 2020

Amid confusion, U.S. small business bailout program off to rocky start

A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize companies amid widespread confusion about just how the program works......»»

Category: topSource: reutersApr 3rd, 2020

Capitol Report: Kudlow calls banks ‘ready to go’ for small-business lending program

Top White House economist Larry Kudlow said banks are “ready to go” on a small-business loan program as borrowers line up for help amid the coronavirus crisis......»»

Category: topSource: marketwatchApr 3rd, 2020

A record number of Americans are losing their jobs — but Amazon, Walmart, Ace Hardware and others are hiring to fill 474,000 openings amid coronavirus demand

Jobless claims jumped to 6.6 million last week, but several sectors are ramping up hiring......»»

Category: topSource: marketwatchApr 3rd, 2020

Exclusive: Airline crisis forces Airbus to consider A320 output cuts

Airbus is studying a sharp cut in output of its top-selling A320 plane series amid an industry-wide slowdown triggered by the coronavirus crisis, sources familiar with the matter said......»»

Category: topSource: reutersApr 3rd, 2020

Exclusive: Air France-KLM in talks on multibillion euro state-backed loan package

Air France-KLM is in talks with banks to receive billions of euros in loans guaranteed by the French and Dutch governments, as the airline group braces for a sustained coronavirus shutdown, sources told Reuters......»»

Category: topSource: reutersApr 3rd, 2020

Price gouging comes at an increasingly high cost for Amazon sellers

Washington’s Attorney General has warned five sellers they could face fines and a lawsuit if they continue driving the prices of coronavirus-related products sky-high......»»

Category: topSource: bizjournalsApr 2nd, 2020

A leaked memo reveals Amazon"s reported efforts to mount a PR campaign against a worker it fired after he led a protest calling for better safety standards at warehouses amid the coronavirus (AMZN)

Reuters Amazon's top executives dis.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Amazon sellers evade automated detection by placing "coronavirus" in product images

Amazon uses automated detection tools to search its listings for use of "coronavirus" and "COVID-19." But those tools won't detect words in a product image......»»

Category: topSource: moneycentralApr 2nd, 2020

Amazon vowed to crack down on coronavirus profiteering. Some sellers have figured out loopholes.

Some third-party merchants on Amazon are putting claims that their goods prevent the coronavirus in product images to bypass Amazon’s detection......»»

Category: worldSource: nytApr 2nd, 2020

Exclusive: Amazon to deploy masks and temperature checks for workers by next week

Amazon.com Inc plans to roll out temperature checks and face masks for staff at all its U.S. and European warehouses plus Whole Foods stores by early next week, a huge deployment for workers on the front lines of the coronavirus outbreak......»»

Category: topSource: reutersApr 2nd, 2020

Amazon and Walmart sellers are hawking coronavirus-themed T-shirts about social distancing while workers protest about safety conditions

Amazon Dozens of coronavirus-themed products are being sol.....»»

Category: topSource: businessinsiderApr 1st, 2020

Mich. Amazon workers walk off the job after 3rd coronavirus case

Employees are demanding the company take action to protect their health and safety amid the coronavirus outbreak......»»

Category: topSource: moneycentralApr 1st, 2020

The New York Post: Amazon fires organizer of strike at Staten Island warehouse

Amazon has fired the worker at its Staten Island warehouse who organized a walkout on Monday to demand greater protections from the company amid the coronavirus outbreak......»»

Category: topSource: marketwatchMar 31st, 2020

Workers go on strike at Amazon delivery site in Italy amid coronavirus

Around one-third of those working at an Amazon delivery station in central Italy went on strike on Monday, a union representative said, citing a request for enhanced safety measures for workers amid the coronavirus health emergency......»»

Category: topSource: reutersMar 30th, 2020

Jeff Bezos" Blue Origin rocket company has been deemed an essential business by the government, allowing it to continue operating amid the coronavirus outbreak

REUTERS/Clodagh Kilcoyne Blue Origin, the rocket company owned by Amazon CEO Jeff Bezos, has been deemed an essential business by the US g.....»»

Category: topSource: businessinsiderMar 30th, 2020

Amazon entices warehouse employees to grocery unit with higher pay

HEALTH-CORONAVIRUS/AMAZON-GROCERY (UPDATE 1, EXCLUSIVE, PIX):EXCLUSIVE-Amazon entices warehouse employees to grocery unit with higher pay.....»»

Category: topSource: moneycentralMar 29th, 2020

Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters......»»

Category: topSource: reutersMar 28th, 2020