Business & Economy
Associated Press/Photo by Mark Lennihan (file)

Amazon nixes New York headquarters plan

by Lynde Langdon
Posted 2/14/19, 01:02 pm

After pushback from local politicians, Amazon said it will no longer build a headquarters in New York City. The Seattle-based online retailer spent a year conducting a highly publicized search in which cities tried to woo the company with promises of favorable tax policies. In November, Amazon announced it would split its expansion between New York and Northern Virginia, but some New York politicians were unhappy with the nearly $3 billion in tax incentives promised to the retailer.

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Associated Press/Photo by Cliff Owen

Bezos fires back at National Enquirer

by Kiley Crossland
Posted 2/08/19, 11:04 am

Amazon CEO Jeff Bezos in a blog post Thursday claimed to be the target of extortion and blackmail by the publisher of the National Enquirer. Bezos, 55, said the tabloid threatened to publish explicit personal photos of him unless he stopped investigating how the Enquirer obtained texts between him and his mistress. The National Enquirer on Jan. 9 published a story about Bezos and his affair with former TV anchor Lauren Sanchez, who is married. That same day, Bezos announced on Twitter that he and his wife of 25 years, MacKenzie Bezos, were planning to divorce.

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Associated Press/Photo by Julio Cortez

Jobs report brings good news

by Rachel Lynn Aldrich
Posted 2/01/19, 10:43 am

U.S. employers added 304,000 jobs to the economy in January, the most in nearly a year, the federal government reported Friday. The gain follows a decade of economic expansion, with the United States seeing added jobs for 100 straight months, the longest such period ever reported. Hiring has accelerated since last summer despite December job growth coming in below predictions.

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