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Despite record profits, Amazon didn't pay any federal income tax in 2017 or 2018

CNN BUSINESS |

Amazon hasn't paid any taxes to the US government in the past two years. Actually, Amazon received hundreds of millions of dollars in federal tax credits in 2017 and 2018.

Even GE's Boston headquarters is shrinking

CNN BUSINESS |

General Electric is once again downsizing, this time shrinking the scale of its once-ambitious plan for a fancy headquarters along the Boston waterfront.

How Amazon blew its chance in New York

CNN BUSINESS |

The deal was supposed to be foolproof. Amazon put two years and untold amounts of staff time and money into negotiating with New York to save about $3 billion on a new campus in one of America's most...

Coca-Cola issues disappointing 2019 forecast because of volatility

CNN BUSINESS |

Coca-Cola issued a disappointing forecast of 4% growth in 2019 due to the global economic slowdown, a strong dollar and political uncertainty.

Amazon cancels plans to build New York headquarters

CNN BUSINESS |

Amazon is ditching its plans to build a new headquarters in New York after facing backlash from members of the community.

JPMorgan is creating its own cryptocurrency

CNN BUSINESS |

JPMorgan Chase, the nation's largest bank, is launching its own cryptocurrency.

China's exports are doing way better than expected

CNN BUSINESS |

China has posted a surprise jump in exports, suggesting its economy could be holding up better than expected as it tries to negotiate an end to the trade war with the United States.

Google to invest $13 billion in US data centers and offices this year

CNN BUSINESS |

The future of Google increasingly lies outside Silicon Valley.

Reports: Apple seeks 50% of revenue in deal with news publishers

CNN BUSINESS |

Apple's forthcoming subscription news service may not be a cash cow for participating media organizations.

Dow soars 372 points on shutdown deal and oil

CNN BUSINESS |

Wall Street on Tuesday cheered a reversal of two trends that had been weighing on investors: US politics and oil.

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