Ford and GM Near Financing Deal to Support First Brands Group During Bankruptcy 
UK Vehicle Production Falls Sharply in 2025 Amid Cyberattack, Tariffs, and Industry Restructuring 
Australia Wine Exports Fall in 2025 as Global Drinking Declines and China Demand Weakens 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
UK Politicians Call for Full Competition Review of Netflix’s Warner Bros Discovery Deal 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability 
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation 
Asian Currencies Slip as Dollar Rebounds Ahead of Fed Rate Decision 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Australia Inflation Surprise Fuels Rate Hike Expectations Ahead of RBA Meeting 
Starmer’s China Visit Signals New Era in UK–China Economic Relations 
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 
Amazon Inc. is cancelling its Amazon Care virtual healthcare service, and this was confirmed on Wednesday, Aug. 24. It will be shut down by the end of this year as this is a necessary move to acquire its rival health service provider.
Amazon is awaiting regulatory approval for its acquisition of One Medical primary care provider. This does not just offer services online, but it also has a brick-and-mortar facility where doctors and health experts have actual offices for treatments and consultations.
Amazon Care does not have this as it is offering a purely virtual health care service or at-home doctor visits. Amazon is buying One Medical for $3.5 billion, and this was first announced just last month.
Reuters reported that Neil Lindsay, the senior vice president of Amazon Health Services and Amazon Stores, told employees that Amazon Care had many shortcomings despite the company’s efforts to provide the best services to clients.
One of Amazon Care's biggest clientele is Hilton Worldwide Holdings Inc., and it provides virtual care across the nation. The house calls are available to markets in Dallas, Los Angeles, and Washington.
"It is not a complete enough offering for the large enterprise customers we have been targeting and was not going to work long-term," Linsday stated in an email message that was forwarded to employees. The executive also said that he thinks the healthcare business is now "ripe for reinvention."
In any case, GeekWire reported that Amazon Inc. made the decision to discontinue the said service after determining the business was not the right long-term solution for business customers.
“One of the ways we’ve worked towards this vision for the past several years has been with our urgent and primary care service offering, Amazon Care,” Lindsay wrote in the email. “During that time, we’ve gathered and listened to extensive feedback from our enterprise customers and their employees, and evolved the service to continuously improve the experience for customers.”
He went on to say, “However, despite these efforts, we’ve determined that Amazon Care isn’t the right long-term solution for our enterprise customers, and have decided that we will no longer offer Amazon Care after Dec. 31, 2022.”
