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0.000131902919451289 -0.00057157931762221 -0.000703482237073499 -0.000351741118536687 0.00248900809004575 0.00294583186774541 0.00452866690116075 0.0028798804080197
Stock impact report

Amazon is reportedly ready to drop its USPS deal if negotiations fall through [Verge, The]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Verge, The
After over 30 years, Amazon may be cutting ties with the United States Postal Service as it looks to expand its own delivery network, as reported by The Washington Post . The outlet, owned by Amazon founder Jeff Bezos, cites anonymous sources who said negotiations between Amazon and Trump-appointed USPS Postmaster General David Steiner have reportedly stagnated, pushing Amazon to consider concluding the partnership altogether. Washington Post reporter Jacob Bogage noted in a post on Bluesky that “this was not Amazon's preferred plan.” According to Bogage, Amazon wanted to extend its contract with the USPS, which is set to expire on October 1st, 2026, but the USPS planned to “auction off last-mile delivery contracts” instead. In a statement provided to The Verge , Amazon spokesperson Steve Kelly said, “We've continued to discuss ways to extend our partnership that would increase our spend with them, and we look forward to hearing more from them soon - with the goal of extending ou Show less Read more
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