Search For Keyword.

Business

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...

No-deal Brexit 'could cost 600,000 jobs worldwide': study

A British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published Monday found. Researchers at the IWH institute in Halle, eastern Germany, examined what would happen if UK imports from the remaining...