The EU will on Wednesday decide a landmark case against Luxembourg, which stands accused of giving illegal tax breaks to internet shopping giant Amazon, according to two sources familiar with the matter.

Oct 03, 2017 in Business

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Ikea on Thursday announced a deal to acquire on-demand help startup TaskRabbit as the world's largest furniture retailer grabbed a seat in the online sharing economy.

Sep 28, 2017 in Business

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SK Hynix Inc. says it will invest 395 billion yen ($3.5 billion) partly through convertible bonds to purchase Toshiba's memory chip unit.

Sep 27, 2017 in Business

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Facebook and the National Football League announced plans Tuesday to offer video highlights of NFL games to worldwide users of the leading social network.

Sep 26, 2017 in Internet

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Amazon wants to deliver more burritos and hamburgers to your doorstep.

Sep 22, 2017 in Business

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Google is biting off a big piece of device manufacturer HTC for $1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of digital services.

Sep 21, 2017 in Business

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United Technologies plans to boost its aerospace business by paying $22.75 billion for flight deck maker Rockwell Collins.

Sep 05, 2017 in Business

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Iowa approved a deal Thursday to give Apple $208 million in state and local tax breaks to build two data storage centers near Des Moines and to create at least 50 jobs—a pact that critics quickly panned.

Aug 24, 2017 in Business

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The Wisconsin Assembly planned to approve a $3 billion tax break Thursday for Taiwan-based Foxconn Technology Group to build a massive display panel factory in the state, a project President Donald Trump touted as a transformational ...

Aug 17, 2017 in Business

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Sprint said Tuesday that it should be able to "strike a deal" in the "near future," driving up shares of the fourth-largest U.S. wireless carrier.

Aug 01, 2017 in Business

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