Amazon Surges on positive earnings, S&P 500 Futures gain as Big Tech Provides.

KEY POINTS of AMAZON EARNINGS REPORTS: Amazon’s results surprise on the upside, beating expectations for both earnings per share and revenue. Shares of the technology company rise in extended trading following first-quarter results. S&P 500 futures extend gains as the e-commerce giant delivers earnings. Shares of Amazon rose as much as 10% at times in … Read more

Amazon delivery drivers become the first to unionize in California

The Teamsters announced on Monday that a group of Amazon drivers and delivery workers in Southern California have joined the union and negotiated a tentative contract with their employer, which would be a first for the online retailer’s delivery network. The 84 workers are employed by Battle-Tested Strategies, one of Amazon’s “delivery service partners” that … Read more