Amazon wins $270 million tax fight with the EU

Amazon wins 0 million tax fight with the EU

Products are noticed on a conveyor belt at an Amazon fulfillment heart exactly where they are staying sorted and shipped out as very same working day orders through Cyber Monday at the Exact-Day Delivery Facility Fulfillment Centre on November 27, 2023 in Tampa, Florida.

Octavio Jones | Getty Images Information | Getty Photographs

Europe’s major courtroom on Thursday sided with Amazon in a case in which the U.S. e-commerce big was accused by the European Fee of illegal tax gains.

The European Courtroom of Justice (ECJ) reported that the Commission, the EU’s govt arm, had “not proven” that a tax settlement among Amazon and Luxembourg was “a condition assist that was incompatible with the internal industry.”

“We welcome the Court’s ruling, which confirms that Amazon adopted all relevant rules and received no exclusive remedy,” Amazon claimed in a statement on Thursday.

Supply

Technology

Uber will start taking skiers to the slopes at over 40 resorts across U.S. and Europe

November 13, 2025

Omar Marques | Lightrocket | Getty Images With ski season approaching, Uber wants to take you to the slopes. The ride-hailing company on Thursday announced Uber Ski, which will allow users to book a ride to and from nearly 40 mountains in the U.S., Canada, Switzerland and France, according to a release. The services is […]

Government shutdown ends, Disney earnings, Anthropic’s billion AI investment and more in Morning Squawk

Technology

Government shutdown ends, Disney earnings, Anthropic’s $50 billion AI investment and more in Morning Squawk

November 13, 2025

U.S. President Donald Trump signs the funding bill to end the U.S. government shutdown, at the White House in Washington, D.C., U.S., Nov. 12, 2025. Kevin Lamarque | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading […]

Technology

Joby Aviation wraps up first military aircraft test flight with partner L3Harris

November 13, 2025

Joby Aviation’s hybrid aircraft. Courtesy: Joby Aviation Joby Aviation completed the first test flight of its hybrid defense aircraft, three months after the company teamed up with government contractor L3Harris on the project. The successful launch occurred on Nov. 7, at Joby’s facility in Marina, California, the company said on Thursday. Chairman Paul Sciarra told […]