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Under the agreement, Amazon gets 15 years of 100% tax breaks and an additional 15 years of a 75% discount on taxes. But the company does have to pay the city at least $352,000 a year with that price increasing over time.
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Business & EconomyAmazon's annual two-day sale for Prime members is here. Not all deals are as good as they seem, however. It pays to do some research to ensure you're getting the best price.
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Business & EconomyA Monday news release said numerous locations are under consideration and the final sites will be announced later.
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Business & EconomyThe layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.
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The renewable energy gas station — operated by Clean Energy Corp. — will be used to fuel more than 80 Amazon semi-trucks.
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Business & EconomyThe world’s largest online retailer, Amazon, is reportedly considering building brick-and-mortar retail spaces in Ohio and California.
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Amazon avoided the prospect of a first unionized warehouse in America, where it's now the second-largest private employer. The vote in Alabama had prompted new interest in unions across the country.
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It's a really large mail-in election. (Yes, this one, too.) The tally of yes and no votes has finally begun.
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A vote by workers on whether to form Amazon's first unionized warehouse in the U.S. has the community, labor groups and the company on the edge of their seats.
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Amazon's CEO will be Andy Jassy, the head of its cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition," Bezos says.