U.S. President Joe Biden will sharpen arguments for his $2 trillion-plus new spending proposal in a speech on Wednesday, challenging those who oppose his plan and the taxes that would be raised to pay for it.
Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing criticism from the White House.
Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.
An Indian court on Monday overturned an order that had stalled Future Group’s $3.4 billion deal to sell its retail assets, sources said, in a setback for Future’s partner Amazon.com Inc, which has challenged the sale.
Amazon on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time.
In the 2020 annual review of “notorious markets for counterfeiting,” the US administration cited Amazon’s European portals alongside Chinese and other foreign marketplaces said to be teeming with fake products.