Amazon to get billions in breaks for HQ2 development
Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC.
Tesla to deliver new Model 3 orders by year end
Tesla Inc Chief Executive Officer Elon Musk said on Thursday that Model 3s ordered in the United States by the end of this month will be delivered by Dec. 31, as the electric carmaker tries to take advantage of tax breaks.
Retail gloom, Brexit worries keep Wall Street in check
U.S. stocks struggled on Thursday as an attempt by technology companies to rebound from this week’s sharp losses was outweighed by a batch of weak results and Brexit-related concerns.
Facebook identifies 2.1 million posts as bullying
Facebook Inc said https://newsroom.fb.com/news/2018/11/enforcing-our-community-standards-2 on Thursday it had identified about 2.1 million posts as being bullying or harassment in nature on the social network between April and September.
Automaker groups warn U.S. tariffs will undermine new NAFTA deal
U.S. automakers and parts suppliers on Thursday warned that President Donald Trump’s steel and aluminum tariffs and threatened car tariffs would undermine the benefits of the new deal to modernize the North American Free Trade Agreement, causing widesp…
French court to rule on $6 billion UBS trial on February 20
A French court said on Thursday it would hand down a verdict in the money laundering trial of UBS on Feb. 20, at the end of weeks of hearings during which the Swiss bank faced allegations of helping wealthy French people evade taxes.
Ocado sees deal opportunities in Europe, Asia, Australia
Ocado , the online supermarket providing technology to U.S retailer Kroger, sees opportunities to strike more deals with established grocers in Europe, Asia and South America, and could move into other categories in retail and beyond.
Tele2 says Dutch business not viable before EU rules on Deutsche Telekom deal
Sweden’s Tele2 said on Thursday its Dutch subsidiary was not viable as a standalone business, lending weight to a takeover by Deutsche Telekom’s business there that European regulators are due to rule on this month.
U.S. retail sales rebound, but consumer spending slowing
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, but data for the prior two months was revised lower and the underlying trend suggested that consumer spending was probably slowing down.
J.C. Penney gives gloomy outlook before holidays
J.C. Penney Co Inc predicted a fall in same-store sales this year as it prepared for the holiday shopping season, reporting worse than expected quarterly results on Thursday due to heavy discounting aimed at righting the company.
