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Among the 41 industries surveyed, 28 sectors saw a year-on-year increase in total profits in the first eight months, while 13 sectors witnessed profit declines.

Amazon’s big new business: Here’s how much advertising revenue the company generated in 2018

Amazon’s investment in sustainable aviation fuel is part of a broader Climate Pledge announced by the company last year, promising to meet the goals of the Paris Agreement on climate change by 2040, becoming carbon neutral 10 years ahead of schedule. The company in June launched a billion Climate Pledge Fund?and purchased naming rights to Seattle’s pro hockey and basketball arena, naming it Climate Pledge Arena.

Amazon’s appetite for incentives was a key concern raised by the Council, along with frustration over the bid’s lack of transparency and the bypassing of the traditional land-use process.?Total incentives from New York City and the state could amount to billion.

Amazon’s refusal to collect sales tax not only denies the state much-needed revenue but also creates an artificial advantage for Amazon over its competitors (both online and in-person) who do collect sales tax. Such an advantage removes money from local economies and further stifles the slow recovery in California.