Amazon paid no federal taxes for the second year in a row

Amazon is not healthy for democracy: NY state lawmaker New York State assembly member Ron Kim (D) discusses how Amazon is reconsidering its plans to put its second headquarters in New York and why the e-commerce giant shouldn’t receive tax incentives from NYC. Jeff Bezos’ sprawling e-commerce empire, Amazon, almost doubled its profits in 2018, but for the second year […]

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Federal jury finds drug lord Joaquín ‘El Chapo’ Guzmán guilty of all counts

NEW YORK – A federal jury slammed the door on a final escape bid by Joaquín “El Chapo” Guzmán on Tuesday, convicting the former leader of Mexico’s Sinaloa cartel of drug trafficking, weapons charges and operating a continuing criminal enterprise – a verdict that could send him to prison for life. The panel of eight women and four men, who have served in […]

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What happens to federal workers' insurance during a shutdown?

How will the shutdown affect the US economy? Brian Brenberg, associate professor at The King’s College, on how the partial government shutdown is hurting federal workers and how the shutdown will affect the U.S. economy. Hundreds of thousands of federal workers are unable to work as a result of the 35-day partial government shutdown, and since it began on Dec. […]

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Trump thanks federal workers awaiting paychecks, calling them 'great patriots,' as partial shutdown hits 30 days

President Donald Trump offers a compromise to Democrats to secure the border With hundreds of thousands of federal workers set to face another federal pay period without paychecks, President Trump thanked the “great patriots” for their service and dedication — 30 days into the partial government shutdown. Trump tweeted Sunday night: “To all of the great people who are working […]

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Federal employees turning to Uber, Lyft to make ends meet

Help for government workers impacted by shutdown; AI technology developed to combat account sharing Morning Business Outlook: Some businesses are offering relief to workers impacted by the partial government shutdown while the Senate passed a bill to provide back pay when the impasse ends; U.K.-based company unveils software it claims can combat the rapid rise in account sharing on streaming […]

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Federal agencies directed to hold off on shutdown raises

President Donald Trump speaks in the Rose Garden of the White House in Washington, after a meeting with Congressional leaders on border security, as the government shutdown continues Friday, Jan. 4, 2019, as Homeland Security Secretary Kirstjen Nielsen, Vice President Mike Pence, House Minority Whip Steve Scalise of La., and House Minority Leader Kevin McCarthy of Calif., listen. (AP Photo/Manuel […]

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Farmers risk loss of federal payments, loans, from shutdown

The government shutdown blame game Former Sen. Mike Lee chief of staff Boyd Matheson and former DC Democratic Party Chairman Scott Bolden on the government shutdown over funding for a border wall. WASHINGTON (AP) — The end of 2018 seemed to signal good things to come for America's farmers. Fresh off the passage of the farm bill, which reauthorized agriculture, […]

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US stocks up as Federal Reserve considers another rate hike

We’ll have a recession, it’s long overdue: Dennis Gartman The Gartman Letter Publisher Dennis Gartman on the impact of Federal Reserve raising interest rates on the markets and concerns over the U.S. economic outlook. U.S. stocks opened higher Tuesday, a day after a big sell-off and one day ahead of a Federal Reserve announcement about the direction of interest rates. […]

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