amazon

Amazon to make free one-day shipping standard for Prime

More than a decade ago, Amazon launched its Prime membership service with the promise of free two-day shipping. The unique offer helped attract millions of subscribers, shifted consumer expectations for shopping convenience and forced other large retailers to try to catch up.

Bezos to meet with federal prosecutors on extortion, hacking claims

Amazon CEO Jeff Bezos is scheduled to meet with federal prosecutors in New York as soon as this week, according to people familiar with the matter. The meeting signals that the US attorney's office is escalating its inquiry connected to Bezos's suggestion that the kingdom of Saudi Arabia was behind a National Enquirer story that exposed his extramarital affair and his claim that the tabloid attempted to extort him.