Amazon Stops Plan To Build Office Tower In Downtown Seattle. Here’s Why

Amazon has paused development of its 17-story building in Seattle amid a debate over a city tax hike that would cost the e-commerce giant an estimated $20 million annually. "I can confirm that pending the outcome of the head tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown Seattle and is evaluating options to sub-lease all space in our recently leased Rainer Square building," said Drew Herdener, an Amazon spokesperson.

Like wrestling

So what's it going to be, America: a democratic republic, or Trumpistan? A nation governed by the rule of law, or an oversized kleptocracy, whose maximum leader uses the decayed shell of government to punish his political enemies and reward friends and family? In another way of putting it, the United States government increasingly resembles a professional wrestling spectacle - all scripted feuds and melodramatic revenge plots enacted by a cast of alternately sinister and clownish figures skirting the edge of self-parody. According to The Washington Post, President Trump has personally intervened with the postmaster general in a fruitless effort to double the rates Amazon.com pays the U.S. Postal Service to ship packages.

Analysis: If Trump really wants to go after Amazon, he has options

President Donald Trump is livid with Amazon, attacking the company on Twitter and accusing it of taking advantage of the U.S. government to gain an unfair advantage over its competitors. President Donald Trump is livid with Amazon, attacking the company on Twitter and accusing it of taking advantage of the U.S. government to gain an unfair advantage over its competitors.

Report: President Trump is Fixated with Amazon – Wants to Change Its Tax Treatment

Axios is reporting that Trump wants to "go after" the e-commerce giant, citing five sources who have talked about Amazon with him. Trump has discussed altering the company's tax treatment because several of his friends told him Amazon is hurting their businesses and "killing shopping malls and brick-and-mortar retailers," according to Axios.

Illustration on Federal contracting by Greg Groesch/The Washington Times

President Obama has been out of office for 14 months now, but his ability - and that of his allies still in government - to steer gargantuan federal contracts to his friends seems not to have diminished. Earlier this month, the Pentagon announced it was looking to purchase cloud computing services for its 3.4 million users and their 4 million devices.

Civic leaders meeting with Amazon executives Friday – but press, public not invited

There are more than 40,000 Amazon employees in Seattle, stretching from South Lake Union to Amazon's Denny Triangle skyscrapers. Government-transparency advocates say the meeting between Seattle-area political leaders and the city's largest employer should be open to outsiders.

Dow falls more than 200 pts, extending decline to 2nd day after early rally in 2018

Stakes are high for President Donald Trump as he prepares to give his first State of the Union Address and is tasked with helping his party keep control of Congress in the midterm election. Veuer's Chandra Lanier has the story.

Amazon dials up Chicago, other HQ2 contenders, to explain selection process

Amazon has begun briefing officials in Chicago and 19 other cities in the running for the company's HQ2 second headquarters on the next phase of the process, after announcing the 20 contenders last week. Amazon has begun briefing officials in Chicago and 19 other cities in the running for the company's HQ2 second headquarters on the next phase of the process, after announcing the 20 contenders last week.

Public Cynicism Enables Costly Political Hypocrisy

The political hypocrisy of crony capitalism - touting market capitalism while making taxpayers fund corporate welfare - is a rare and unfortunate case of bipartisan consensus. Republicans openly embrace it, but many Democrats also fall prey to government-guaranteed corporate capitalism when they believe it to be politically expedient.