Amazon

Amazon nears deal to buy MGM Studios

Amazon.com Inc. is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant.

EU court scraps Amazon's $303M EU tax order

Europe's second-top court on Thursday annulled an EU order to Amazon to pay about 250 million euros ($303.28 million) in back taxes to Luxembourg, part of an EU crackdown against unfair tax deals between multinationals and EU countries.