U.S. stocks slide as tech, internet companies sustain big losses
Apple, Microsoft and Amazon, the most valuable companies on the market, saw some of the worst losses Monday.
Amazon’s NYC headquarters in ‘opportunity zone’ eligible for GOP tax breaks
The New York City neighborhood Amazon chose for one of its new headquarters offers developers capital gains tax breaks to invest in high-poverty, low-income areas.
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News Wrap: Amazon to split headquarters between Virginia and New York
Tuesday in our news wrap, Amazon announced it will split its new headquarters between Crystal City, Virginia, and Long Island City in Queens, New York. The retail giant pledged to spend more than $5 billion dollars on the sites and…
Amazon names New York, Virginia as two locations for new headquarters
New York officials are expected to address Amazon's decision on new headquarters in a briefing at 1 p.m. ET today. Watch their remarks here.
For over a year, cities across North America have competed to lure Amazon's next headquarters, which the company said would bring up to 50,000 jobs to the chosen site. But as Paul Solman explains, new reports indicate the company may…
Amazon's second headquarters had come with the promise of 50,000 high-paying jobs. Now those jobs could be divided up between two locations.
Despite the uptick on Friday, major U.S. indexes still ended the week down about 4 percent, their worst weekly loss in six months.
Amazon, which has faced political and economic pressure to raise pay for thousands of employees, is boosting its minimum wage for all U.S. workers to $15 per hour starting next month.
Amazon’s stock price hit 2,049 per share late Tuesday morning, putting its valuation above $1 trillion, before dropping back down.
