Wednesday, March 31, 2021

During an address, President Biden said Amazon uses "various loopholes" to avoid paying any federal income taxes, but says he doesn't want to "punish" them (Nandita Bose/Reuters)

Nandita Bose / Reuters:
During an address, President Biden said Amazon uses “various loopholes” to avoid paying any federal income taxes, but says he doesn't want to “punish” them  —  WASHINGTON (Reuters) - President Joe Biden on Wednesday singled out Amazon.com Inc for not paying federal taxes during …



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Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

Bloomberg : Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared...