FTC clears Amazon’s purchase of Whole Foods

The U.S. Federal Trade Commission (FTC) on Wednesday approved Amazon’s $13.7 billion-purchase of Whole Foods Market, authorities confirmed.

FTC investigating allegations of Amazon’s deceptive discounting

The Federal Trade Commission (FTC) has confirmed that it has launched an investigation into allegations of tech giant Amazon’s misleading pricing discounts.

Amazon offers 27 percent premium for Whole Foods Market

Online retailer Amazon has offered $42 per share for Whole Foods Market.

Jeff Bezos becomes World’s Second Richest Person

Amazon founder Jeff Bezos has become the world’s second richest person as his online retailing venture has gained tremendously in stock market valuation in the recent months.