Amazon.com, Inc (NASDAQ: AMZN) wants to help the new administration in the distribution of COVID-19 vaccines, as per a letter written by Dave Clark, CEO of the e-commerce giant’s worldwide consumer business, CNBC reported Wednesday.What Happened: Clark wrote to President Joe Biden that the retail giant is ready to assist the new administration’s vaccination efforts by leveraging its operations, information technology, and communications capabilities along with its expertise, according to CNBC.”As you begin your work leading the country out of the Covid-19 crisis, Amazon stands ready to assist you in reaching your goal of vaccinating 100 million Americans in the first 100 days of your administration,” wrote Clark.Why It Matters: Clark pointed to the 800,000 employees that make up Amazon’s workforce in the United States and vyed for early vaccinations of the employees.The executive disclosed that Jeff Bezos-led company had an agreement in place with a third-party occupational health care provider to administer vaccines to employees at its facilities.See Also: Cuomo Asks Pfizer To Let New York Purchase COVID-19 Vaccine DirectlyClark had previously written to the U.S. Centers for Disease Control and Prevention in December, asking for priority access to vaccines for its employees.Price Action: Amazon shares closed nearly 4.6% higher at $3,263.88 on Wednesday and gained 0.36% in the after-hours session.See more from Benzinga * Click here for options trades from Benzinga * Google Defends Against Allegations Of Collusion With Facebook On Ads * Tesla Gets ,250 Bull Case Target From Wedbush As EV Market Remains Its World Where Others ‘Paying Rent'(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Category: AMZN – Amazon.com, Inc. Common Stock
Feature: Here’s What’s Behind Today’s Big Tech-Stock Rally
Why Alphabet and Other Big Tech Stocks Rallied
Tech titans’ stocks rallied as investors appeared optimistic with their prospects under the new administration of President Joe Biden.
Tech titans’ stocks rallied as investors appeared optimistic with their prospects under the new administration of President Joe Biden.
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Company Close Updates: Mastercard Inc. stock outperforms market on strong trading day
Company Close Updates: Best Buy Co. Inc. stock rises Wednesday, still underperforms market
Company Close Updates: Walmart Inc. stock rises Wednesday, outperforms market
Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it had spoken with India’s markets regulator, the Securities and Exchange Board of India (SEBI), and had no objection or adverse observation on the deal. Wednesday’s notification is the latest setback for Amazon, which had written to SEBI and Indian antitrust watchdog to block the multi-billion deal between Future Group and Reliance Retail, the two largest retail chains in India.
Amazon offers to help Biden’s effort to quickly distribute COVID-19 vaccine
In a letter to President Joe Biden, Amazon.com Inc. on Wednesday offered to leverage its scale to help distribute COVID-19 vaccines in the U.S.
Amazon is offering Biden a hand distributing the Covid vaccine
Facing antitrust investigations, Amazon’s offer to help the Biden administration distribute the Covid-19 vaccine isn’t entirely selfless.
Feature: Here Is What’s Behind Today’s Big Tech Stock Rally
Why Alphabet and Other Big Tech Stocks Rallied
Tech titans’ stocks rallied a investors appeared optimistic with their prospects under the new administration of President Joe Biden.
Tech titans’ stocks rallied a investors appeared optimistic with their prospects under the new administration of President Joe Biden.