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Fact-check: Does Amazon pay no US federal income tax?

Representative Alexandria Ocasio-Cortez, a rising Democratic star in the US Congress, spotlighted a report this week saying US tech behemoth Amazon paid no federal income tax for two years. The company also found itself in the headlines after suddenly pulling out of a planned New York City...

Nissan cuts forecast in first earnings since Ghosn arrest

Crisis-hit Japanese automaker Nissan slashed its full-year forecast Tuesday as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn. The firm blamed growing costs of raw materials and emerging economy foreign...