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. |