Amazon (AMZN) is ramping up ad spending on Elon Musk's social media platform X, and the decision to do so involved CEO Andy Jassy, WSJ reported Thursday, citing people familiar with the situation.
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. UPS reported on Thursday that its fourth-quarter earnings per share were $2.75 from sales of $25.3 ...