Amazon profits drop sharply amid big spending to speed package delivery
by Dominic Rushe in New York from on (#4T4VP)
- Quarterly profits down to $2.1bn from $2.9bn a year earlier
- US politicians keen to scrutinize Amazon's business practices
Amazon's profits slid 26% in the last quarter as the company poured money into free shipping and its cloud storage business.
Related: 'Go back to work': outcry over deaths on Amazon's warehouse floor
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