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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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COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows

  Seven in 10 Americans say the COVID- 19 pandemic will affect their retirement, with many dipping into their nest eggs, scaling back contributions and planning to work longer, a new survey shows. “The impact to Americans’ retirement accounts is ...