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Business news roundup

Amazon’s deal to build a new campus in New York was supposed to be foolproof. Why did the deal fail? CNN >

Amazon made $11.2 billion in profits in 2018, but will pay $0 in taxes. Here’s why.  THE GUARDIAN >

High-tech firms backed by Wall Street and Silicon Valley money want to buy your home and flip it. BLOOMBERG BUSINESSWEEK>

Some popular business deductions have disappeared or been reduced under the new tax law.  AP >


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Business news roundup

Drugmaker Bristol-Myers Squibb is taking on $19 billion in debt to pay for its planned acquisition of biotech company Celgene BARRON’S > Bird has released new electric scooters and claims they can last more than 10 months in a sharing ...