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| February 22, 2019

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Amazon’s New York retreat heralds a new era of corporate welfare fights

February 17, 2019 |

Just as New Yorkers were absorbing Amazon.com Inc.’s decision to abandon a new office hub after tangling over $ 3 billion in tax breaks, General Electric Co. was beating a retreat in Boston, canceling plans to build an office tower and promising to return $ 87 million in government incentives. In…


L.A. Times – Business

Tabloid CEO’s lawyer denies National Enquirer tried to extort Amazon’s Jeff Bezos

February 10, 2019 |

The National Enquirer committed neither extortion nor blackmail by threatening to publish intimate photos of Amazon CEO Jeff Bezos, an attorney for the head of the tabloid’s parent company said Sunday.

Elkan Abromowitz, an attorney for American Media Inc. Chief Executive David Pecker, said on Sunday…


L.A. Times – Business

National Enquirer owner says it ‘acted lawfully’ toward Amazon’s Jeff Bezos

February 10, 2019 |

National Enquirer owner American Media Inc. pushed back Friday against Amazon.com Inc. chief Jeff Bezos’ accusation that the magazine and its publisher — a confidant of President Trump — had tried to blackmail and extort him.

“American Media believes fervently that it acted lawfully,” the company…


L.A. Times – Business

Amazon’s New HQ in NYC? Uh, About That.

February 10, 2019 |

The world’s most valuable public company may not bring 25,000 new jobs to New York City after all, the Washington Post reports. Amazon.com—which chose to split its upcoming second headquarters between New York and Arlington, Virginia, after a highly publicized yearlong search—is said to be reconsidering…
Newser

Amazon’s Jeff Bezos accuses the National Enquirer of extortion over intimate photos

February 8, 2019 |

Amazon Chief Executive Jeff Bezos said Thursday that he was the target of an extortion and blackmail effort by the National Enquirer, which he accused of threatening to publish intimate pictures of him unless he backed off an investigation of the tabloid.

In an extraordinary post to the online…


L.A. Times – Business

Amazon’s IMDb Launches Free Streaming-Video Service

January 12, 2019 |

Amazon.com launched its first advertising-supported streaming-video channel, the e-commerce giant’s latest effort to grab a larger share of the ad market.
WSJ.com: What’s News Europe

Amazon’s HQ2 Near D.C. Widens Battle for Tech-Savvy Vets

January 2, 2019 |

The tech giant’s planned new location in the heart of the U.S. military establishment is creating a new potential battleground for veterans. This time the fight is for them, as employers compete for skilled tech workers.
WSJ.com: US Business

Amazon’s record holiday season shows shoppers weren’t afraid to splurge

December 26, 2018 |

Amazon.com Inc. reported a record-breaking holiday season as shoppers loaded their online baskets with items including Echo speakers and Calvin Klein clothes, suggesting consumer optimism isn’t being deterred by a tumbling stock market.

The online retailer said “tens of millions of people worldwide”…


L.A. Times – Business

Half of Jobs at Amazon’s Two New Headquarters Won’t Be Tech Positions

November 22, 2018 |

New York City officials said that of the at least 25,000 jobs, half will be in tech and the rest will be “administrative jobs, custodial staff, HR, all those things.” Virginia officials said they expect the same job breakdown.
WSJ.com: US Business

Arlington, Va., may be front-runner in race to be Amazon’s second headquarters

November 4, 2018 |

Amazon has held advanced discussions about the possibility of opening its highly sought-after second headquarters in the Crystal City area of Arlington, Va., including how quickly it would move employees there and which buildings it would occupy, according to people close to the process.

The discussions…


L.A. Times – Business