One Medical

Editor’s Note: This story has been updated to add inputs from Amazon’s spokesperson Amazon.com Inc. (NASDAQ:AMZN) has introduced a new return-to-office mandate for its corporate staff, requiring them to be in the office five days a week starting in January. What Happened: According to...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has severed its business ties with One Medical, a primary healthcare provider acquired by Amazon.com Inc. (NASDAQ:AMZN) for $3.9 billion. What Happened: Google, previously One Medical’s largest business client, has decided to terminate its...

Amazon.com Inc (NASDAQ:AMZN) has announced that it will lay off hundreds of employees at its One Medical and Pharmacy units as part of a major cost-cutting initiative. What Happened: These layoffs are part of a significant cost-saving drive intending to save One...

Big box retailer Costco Wholesale Corporation (NASDAQ: COST) is best known for its oversized items that allow customers to load up in bulk on food and household items. The company also offers its share of extra items like televisions, insurance plans, auto services, and a $1.50 hot dog and drink...

Major Wall Street indices closed over 2% lower on Tuesday, recording their worst trading session in 2023, as a rebound in U.S. business activity sparked fears of extended rate hikes. The S&P Global Purchasing Manufacturer's index returned to expansion for the first time in eight months in...

Home-health company Signify Health Inc. (NYSE: SGFY) is being pursued by e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN), UnitedHealth Group Incorporated (NYSE: UNH) and a couple of other firms, Bloomberg reported, citing people with knowledge of...

The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ: IRBT), will be acquired by Amazon.com, Inc (NASDAQ: AMZN) for $1.7 billion as the largest e-commerce corporation in the world expands its selection of personal and home electronics items. Amazon announced that it will...

In its most recent entry into the health care industry, Amazon.com, Inc. (NASDAQ: AMZN) has agreed to purchase 1Life Healthcare Inc. (NASDAQ: ONEM), which runs a primary-care practice under the name One Medical, for $3.9 billion, including debt. What Happened: Amazon announced on Thursday that...