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Home>Job-Hungry States Essentially Subsidize Amazon, Help Prop Up its Sky-High PE Ratio

Job-Hungry States Essentially Subsidize Amazon, Help Prop Up its Sky-High PE Ratio

Perspectives Content Submission

Mon, 30 Jan 2012

Among the long list of weapons Amazon.com ( AMZN ) holds to squash traditional retailers, an old-fashioned one has become particularly powerful: jobs. By promising thousands of jobs in new warehouses and offices, the company has convinced several states, and is negotiating with others, to exempt it
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