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Amazon touted as big win for NY, but math is more complex

New York officials promote their agreement for the landing of a new headquarters in the Amazon as unpardonable mathematics. The city and the state have allocated $ 2.8 billion in tax breaks and subsidies. In return they get an economic engine that would generate $ 27 billion in new taxes for a quarter of a century. "This is a big …

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What is Huawei, and why the arrest of its CFO matters

Meng Wanzhou, chief financial officer of the Chinese technology company, was detained in Vancouver on December 1 at the request of the US authorities. US lawmakers are condemning Huawei, which they claim constitutes a threat to national security for the United States. Chinese officials have demanded the release of Meng. An editorial in the Chinese tabloid Global Times said the …

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A bruised stock market looks to the Fed for relief

Three weeks to the end of 2018 are missing, both the Dow Jones Industrial Average and the S & P 500 are mired in red. And it will essentially be up to the Federal Reserve to determine whether the stock market will prolong its winning streak for a third year or take a break. Stocks have been on a recent …

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Amazon is selling a Kindle Paperwhite and Audible bundle

Last year, Amazon began adding Audible to its Kindle Oasis, Kindle entry-level and the latest Paperwhite, allowing users to listen to their audio book library, provided they had a set of Bluetooth headphones. Now, Amazon is selling a Kindle package that includes a Kindle Paperwhite, a set of Bluetooth headphones and a three-month trial for Audible. The Good eReader has …

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Cronos Group vs. GW Pharmaceuticals — The Motley Fool

Just as there are many strains of marijuana, one could say that there are also various "strains" of marijuana stocks. Two main examples of this diversity are Cronos Group (NASDAQ: CRON) and GW Pharmaceuticals (NASDAQ: GWPH) . The first is one of the largest producers of marijuana, while the second is the largest biotech focused on cannabis. If we could …

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Inverted yield curve doesn’t mean the party is over (yet)

The yield curve, the difference between short and long-term rates, has flattened in recent weeks. This is typically a sign of slower growth in the future. Worse, the gap between two- and ten-year Treasury yields is approaching inversion uncomfortably. The reversal, when short-term rates are higher than long-term rates, has occurred before every US recession in the last 50 years. …

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Volkswagen denies allegations chairman knew early about emissions cheating: report

FRANKFURT (Reuters) – Volkswagen ( VOWG_p.DE ) denied allegations that President Hans Dieter Poetsch was aware of the car manufacturer's emissions test that he cheated almost three months before the authorities United States made public this September 2015. [19659002] PHOTO FILE: Hans Dieter Poetsch, president of the supervisory board of Volkswagen, intervenes during the annual general assembly of the Volkswagen …

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