Technology

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.

Colonial Pipeline outage has DOT in overdrive

The Biden administration on Tuesday updated on its ongoing efforts to monitor and mitigate the effects of the Colonial Pipeline outage, including potentially issuing a targeted waiver of the Jones Act.