Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Selipsky after he exits the company on June 3, Amazon said. In a memo to employees, Selipsky said…
Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+…
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the…
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little…
At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term…
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The…
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly…
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a…