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Amazon profit plunges on acquisition cost

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Online retail titan Amazon said its profit in the past quarter plunged 96 percent, with the cost of buying a robotics firm hurting already weak results.

Posted: July 27th, 2012 in Latest Business Stories | Read More »

Amazon slammed for price reporting deal

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Online retailing giant Amazon was criticized as “anti-competitive” Saturday for its latest promotion that encourages consumers to enter stores and leave empty-handed, after reporting back the prices they find there.

Posted: December 10th, 2011 in Latest Business Stories | Read More »

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