Tech

Amazon wins record US tax breaks to expand delivery network

Enlarge (credit: NurPhoto | Amazon) Amazon has won a record amount of tax breaks this year as local officials try to lure the online shopping giant to expand its one-day or same-day delivery networks in their areas. According to data from Good Jobs First, an economic development watchdog based in Washington, DC, Amazon has so […]

Business

Europe gets to whack fresh tariffs on $4 billion of U.S. imports, thanks to illegal Boeing subsidies

The European Union has been given the go-ahead to whack tariffs on nearly $4 billion worth of U.S. imports, due to illegal subsidies furnished to Boeing. The authorization, announced Tuesday by a World Trade Organization arbitrator, marks the latest stage of a saga that has been rumbling on for 16 years now. EU countries illegally […]