Full news story on Borders Leaving Ann Arbor for Detroit Metro Area.
Borders Leaving Ann Arbor for Detroit Metro Area
Apr 06 2011
Borders Group plans to move its headquarters from its hometown of Ann Arbor, Mich., to the cheaper Detroit metro area. About 50 of the planned 226 superstores that are due to close by end of May are now closed and the company has negotiated $30 million in rent reductions for remaining buildings.
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...