Jeff Bezos

Amazon Cancels Plans For New York City Headquarters

Amazon has canceled plans to build a headquarters in New York, citing opposition from some local politicians who objected to the tax breaks and other incentives the company was to receive.

Report: Amazon Reaches $1 Trillion In Value

Amazon on Tuesday, September 4, became the second publicly traded company to hit the $1 trillion mark in market value, joining Apple, which in August became the first company to surpass the historic financial milestone.