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Aston’s new boss races away with a cool $46m

The maker of Aston Martin sportscars is finally moving to remedy a botched initial public offering that gave it neither the money nor the investors it needed. January 31 brought a cash injection, a new shareholder and a shift in strategy. Crisis measures never come cheap and the rescue comes with many strings attached. Aston Martin Lagonda Global Holdings Plc, ...

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Amazon’s retail business has a secret weapon

Another blowout quarter for Amazon.com Inc. earnings spurred a 10% jump in its shares in post-market trading, pushing the retail giant’s value past $1 trillion. To gauge just how powerful Amazon.com Inc. truly is, though, look beyond its market cap, top-line sales or membership revenue and look at the so-called Amazon Tax. This is how much the company gets from ...

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Amazon HQ2 and Foxconn should never happen again

There have been two prominent instances in recent years of governments offering huge monetary incentives in exchange for an office or factory. Both have turned out badly. The first was former Wisconsin Governor Scott Walker’s $4.5 billion package to win a factory from Taiwanese electronics manufacturer Foxconn. The factory never made economic sense and — to no one’s surprise — ...

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