SEATTLE — Amazon last month announced a deal to acquire One Medical, a publicly traded primary care company. San Francisco-based One Medical operates on a membership model. Its services are an employee benefit at 8,500 companies. Individuals can purchase a yearly membership for $199, allowing them to access One Medical’s virtual care and same-day appointments
Anyone who had doubts about the depth and durability of Amazon’s commitment to disrupting the health care system should have had those concerns put to rest when the company agreed last month to pay some $3.9 billion to acquire One Medical, a provider of physician-delivered primary care services, and 1Life Healthcare Inc., the network’s administrative
SEATTLE — Amazon reported a 7% increase in net sales, to $121.2 billion, for the second quarter, beating analysts’ estimates. The company added that when the $3.6 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter is excluded, net sales increased 10% compared with the second quarter of 2021. The company
SEATTLE — Amazon on Thursday announced a deal to acquire One Medical, a primary healthcare company, for about $3.9 billion. One Medical describes itself as a “human-centered, technology-powered national primary care organization” that aims to make health care more accessible and affordable through a combination of in-person and virtual care. “We think health care is
SEATTLE – Amazon customers in College Station, Texas, will soon be able to order merchandise and get it delivered by a drone. The news last week followed a recent report that Amazon was working with the Federal Aviation Administration on a plan that would allow shoppers in Lockeford, Calif., to be among the first served
SEATTLE — Amazon has tapped company veteran Doug Herrington to be the new chief executive officer of its Worldwide Amazon Stores unit. He will succeed Dave Clark, the former CEO of Amazon Worldwide Consumer, who is leaving the company to serve as CEO of the supply chain software start-up Flexport. “I’m excited to share that
SEATTLE — Amazon has tapped company veteran Doug Herrington to be the new chief executive officer of its Worldwide Amazon Stores unit. He will succeed Dave Clark, the former CEO of Amazon Worldwide Consumer, who is leaving the company to serve as CEO of the supply chain software start-up Flexport. “I’m excited to share that
SEATTLE — Amazon.com Inc. recorded net sales of $116.4 billion in the first quarter of fiscal 2022, an increase of 7% versus the prior-year period. But that gain is the company’s smallest in years and compares to a 44% increase in last year’s first quarter. The company also had a net loss of $3.8 billion in
NEW YORK — Workers at an Amazon warehouse in New York City voted to form the first union at one of the company’s facilities. The vote, which was about 55% in favor, according to a count released April 1 by the National Labor Relations Board (NLRB), was hailed as a victory by union organizers and
SEATTLE — Amazon posted a profit of $14.3 billion in the fourth quarter, nearly doubling year over year despite heavy spending to ensure prompt deliveries. Amazon also announced it will help offset rising fulfillment costs by raising the price of Prime, increasing the annual fee for U.S. members by $20 to $139. Amazon’s profit in
WASHINGTON — Whole Foods Market opened a store here on Wednesday that allows customers to skip the checkout line and “Just Walk Out,” relying on computer vision and a system of sensors to tally their bill, process their payment and email them a receipt. Located at 2323 Wisconsin Ave. N.W. in Washington D.C.’s Glover Park
CHICAGO — Amazon took the top spot in dunnhumby’s latest ranking of the nation’s top grocery retailers, with H-E-B following in second place and Market Basket leapfrogging three retailers to take the third spot away from Trader Joe’s. Wegmans held onto the fourth spot for a second year in a row. “The pandemic has massively