Amazon.com, Inc. (AMZN)
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Amazon plans to appeal a reduced €752.4 million fine from an Italian court, asserting it should not face any charges for alleged antitrust violations. This ongoing legal battle highlights the scrutiny Amazon faces in Europe regarding its market practices, which could impact its operations and reputation in the region.
Latest News
| Title | Published |
|---|---|
Heard on the Street Tuesday Recap: Powered Down JPMorgan gave a bum start to bank earnings. The Dow industrials component slid 4.2% after results showed a surprise slip in investment-banking fees and a significant charge for taking over the Apple credit-card program. | about 8 hours ago |
Amazon to appeal against Italian fine, even after it was cut, paper says U.S. e-commerce giant Amazon will appeal against a decision by an Italian court that reduced a fine imposed by the country's antitrust regulator as it believes it should not be charged at all, Italian daily MF reported on Wednesday. On Monday, Italy's antitrust authority said it had reduced to 752.4 million euros ($876.3 million) a 1.13-billion-euro fine it imposed on Amazon in 2021 for abusing its dominant position, restricting competition in e-commerce logistics services in Italy. The reduction followed a regional administrative court ruling last September. | about 8 hours ago |
Saks Global, century-old high-end department store chain, files for bankruptcy The venerable retailer is seeking protection from its creditors after $2.65 billion purchase of Nieman Marcus failed to spark growth. | about 8 hours ago |
Generative AI Digest: New Models, U.S. Executive Order Amid a flurry of new proprietary model releases and leaderboard wrestling, AWS' Nova Forge announcement stands out with its focus on custom models. Read more here. | about 13 hours ago |
Hims & Hers: Growth Catalysts Or Margin Trap Hims & Hers was rated Hold amid margin pressure, Amazon-driven competition, & uncertain catalysts. Learn more about HIMS stock. | about 14 hours ago |
Stock Market Today, Jan. 13: Netflix Rises After HSBC Upgrade Sparks Optimism Ahead of Earnings Today, Jan. 13, 2026, analysts clash over Netflix's content spend, merger ambitions, and what really matters ahead of earnings. | about 16 hours ago |
Why Atlassian (TEAM) Shares Are Plunging Today Why Atlassian (TEAM) Shares Are Plunging Today | about 16 hours ago |
Heard on the Street Tuesday Recap: Powered Down
JPMorgan gave a bum start to bank earnings. The Dow industrials component slid 4.2% after results showed a surprise slip in investment-banking fees and a significant charge for taking over the Apple credit-card program.
Amazon to appeal against Italian fine, even after it was cut, paper says
U.S. e-commerce giant Amazon will appeal against a decision by an Italian court that reduced a fine imposed by the country's antitrust regulator as it believes it should not be charged at all, Italian daily MF reported on Wednesday. On Monday, Italy's antitrust authority said it had reduced to 752.4 million euros ($876.3 million) a 1.13-billion-euro fine it imposed on Amazon in 2021 for abusing its dominant position, restricting competition in e-commerce logistics services in Italy. The reduction followed a regional administrative court ruling last September.
Saks Global, century-old high-end department store chain, files for bankruptcy
The venerable retailer is seeking protection from its creditors after $2.65 billion purchase of Nieman Marcus failed to spark growth.
Generative AI Digest: New Models, U.S. Executive Order
Amid a flurry of new proprietary model releases and leaderboard wrestling, AWS' Nova Forge announcement stands out with its focus on custom models. Read more here.
Hims & Hers: Growth Catalysts Or Margin Trap
Hims & Hers was rated Hold amid margin pressure, Amazon-driven competition, & uncertain catalysts. Learn more about HIMS stock.
Stock Market Today, Jan. 13: Netflix Rises After HSBC Upgrade Sparks Optimism Ahead of Earnings
Today, Jan. 13, 2026, analysts clash over Netflix's content spend, merger ambitions, and what really matters ahead of earnings.
Why Atlassian (TEAM) Shares Are Plunging Today
Why Atlassian (TEAM) Shares Are Plunging Today