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Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Shares of Amazon com fell in late trading Thursday after the company posted mixed results for the fourth quarter, reflecting the ongoing pressures from a softening economy. Revenue at the company’s closely watched Amazon Web Services unit was a little shy of expectations. Amazon (AMZN) was off about 3.5% in after hours trading following the report. Read More...

American City Business Journals

Amazon warehouse in Aurora slapped with OSHA citation

A warehouse in Aurora is the latest facility operated by Amazon to face scrutiny from the Occupational Safety and Health Administration. In a series of citations issued on Jan. 31 to three different Amazon (Nasdaq: AMZN) facilities in the U.S., OSHA found that the Amazon Fulfillment Center located at 19799 E. 36th Drive in Amazon subjected employees to “a high risk of serious musculoskeletal disorders,” or MSDs, per a warning letter sent to the facility. The citation specified four different parts of the order fulfillment process that required employees to “perform repetitive lifting and carrying, twisting, bending, and long reaches, and combinations thereof” that increased their risk of sustaining lower-back injuries.

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