Amazon's New York headquarters eligible for Trump tax break

Amazon HQ2 decision drawing backlash over massive tax breaks Mercatus Center senior fellow Veronique de Rugy, American Action Forum President Douglas Holtz-Eakin and Fox News contributor Deroy Murdock discusses the backlash mounting over Amazon’s decision to split its second headquarters between New York and Virginia. The New York City neighborhood hand-picked by Amazon to house one-half of its new headquarters […]

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Amazon says it will bring 50,000 jobs to its two new headquarters—here's how to land a job there

After months of speculation, Amazon has officially announced that Long Island City, New York and Arlington, Virginia will be the retail behemoth’s additional headquarters. Hundreds of cities across the country eagerly wooed Amazon, which had promised to spend $5 billion developing the new headquarters that was promised to employ 50,000 people. In a video announcement, Virginia Governor Ralph Northam called […]

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JPMorgan Chase to pay new DC employees well above minimum wage

JPMorgan can spend $1B on cyber security, Oracle spends more: Larry Ellison Oracle co-founder Larry Ellison and Oracle CEO Mark Hurd on how the company is innovating in cyber security. JPMorgan Chase opened the first of six planned new branches in the Washington, D.C.-area on Tuesday, where employees will make well above the federal minimum wage. Continue Reading Below Eighty […]

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Scott files new lawsuits as recounts underway in Florida governor, Senate races

Gov. Scott campaign files three federal lawsuits Phil Keating reports from Lauderhill, FL. More than half of Florida's 67 counties began recounting votes in the Sunshine State's historically tighter gubernatorial and Senate races Sunday as Republicans and Democrats accused each other of trying to steal the election. In the afternoon, the campaign of Republican Senate candidate Rick Scott which secured an […]

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Romania sets new minimum salary, slammed by business group

Romania's government has passed an emergency ordinance that will create two different levels for the minimum national wage. According to Friday's measure, the minimum monthly salary will be 2,080 lei ($507) starting Jan.1, while those with higher education qualifications or 15 years of employment are guaranteed 2,350 lei ($573). Previously, there was a flat minimum monthly salary of 1,900 lei […]

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Tesla names new board chair in settlement with regulators

Tesla's board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators. Continue Reading Below The electric car and solar panel company's board on Thursday named Australian telecommunications executive Robyn Denholm as chairman, effective immediately. Denholm will step down as chief financial officer and strategy head at […]

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Here’s what the new Congress will try to do — and one i-word isn’t on the list

Democrats are poised to begin a flurry of investigations into the Trump administration while at the same time possibly start work with the president on infrastructure, after their party won back the House of Representatives in the midterm elections on Tuesday. See full story. The midterm elections delivered a split decision on Congress, as expected, with results still trickling in […]

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