Advertisements


City, state announce Amazon’s arrival—which may trigger $3B in subsidies

State and city officials today announced a blockbuster deal to lure roughly half of Amazon’s planned second headquarters to Long Island City, where the company will build a multimillion-square-foot,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 14th, 2018

City, state announce mammoth $3B subsidy package for Amazon

State and city officials today announced a blockbuster deal to lure roughly half of Amazon’s planned second headquarters to Long Island City, where the company will build a multimillion-square-foot,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 13th, 2018

State Senate has leverage to slash Amazon subsidies

State Sen. Mike Gianaris continues to oppose an incentive package worth up to $1.7 billion for Amazon's Long Island City headquarters—a potential stumbling block for the megadeal. "I can tell you... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 15th, 2018

The vast and lucrative world of state subsidies

Amazon's plan to open a headquarters in Long Island City, which could net the company $1.7 billion in state grants and tax credits—plus $1.3 billion in as-of-right perks from the city—has reignited... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 7th, 2018

Amazon"s new HQ definition goes beyond Seattle city limits

Amazon is the largest employer in Washington state and about half of its workforce is based in Seattle. But a frayed relationship with the city and rapid growth in other parts of the country have changed the way Amazon defines its Pacific Northwest base......»»

Category: topSource: bizjournalsMar 11th, 2021

Coronavirus notebook: Local cases rise; online library expands; Amazon hikes wages

A roundup of coronavirus news across the Tri-State for March 22: FOURTH CINCINNATI CASE: The Cincinnati Health Department has confirmed a fourth case of coronavirus in the city.The patient, a Cincinnati woman between the ages of 40 and 60, was tested on .....»»

Category: topSource: bizjournalsMar 22nd, 2020

Wiener introduces public takeover plan for PG&E

State Sen. Scott Wiener introduced a bill Monday that would reform PG&E's structure and rebrand it as a publicly owned energy district. Wiener, a Democrat from San Francisco, hosted a news conference in front of San Francisco City Hall to announce the le.....»»

Category: topSource: bizjournalsFeb 3rd, 2020

Amazon bringing 1,000 more jobs to Tennessee

Nashville isn't the only Tennessee city slated to receive an influx of jobs from Amazon.com Inc. On Monday, state and company officials revealed the e-commerce behemoth will open an 855,000-square-foot distribution center in Memphis, bringing with it 1.....»»

Category: topSource: bizjournalsJan 27th, 2020

Tax incentives for companies don"t typically boost local economy

Amazon in , but New York state and the city still in tax incentives to private companies each year. A new academic paper suggests they may want to rethink that spending. The report, from economists... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 12th, 2020

Newsmaker 2019: Battle over Amazon"s comings and goings rages on

In the end, Amazon could not brave the rapids of New York City politics. Check out all nine of Crain's 2019 Newsmakers here If any news story exposed the fresh currents coursing through state... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 15th, 2019

Big Tech companies like Facebook, Amazon to face antitrust probe by U.S. state attorneys general

A bipartisan group of state attorneys general will announce on Monday an investigation into large tech companies, like Facebook and Google, for potential violations of antitrust law, Texas Attorney General Ken Paxton's announced on Friday......»»

Category: topSource: reutersSep 6th, 2019

University of Maryland to open Crystal City center

The University of Maryland has reached a deal to plant its flag in Crystal City, opening the door to potential collaborations with Amazon.com Inc. as it establishes its second headquarters in the area. The state's flagship university plans to open .....»»

Category: topSource: bizjournalsAug 21st, 2019

University of Maryland to open Crystal City center

The University of Maryland has reached a deal to plant its flag in Crystal City, opening the door to potential collaborations with Amazon.com Inc. as it establishes its second headquarters in the area. The state's flagship university plans to open .....»»

Category: topSource: bizjournalsAug 21st, 2019

Need to know: Boeing caps Parisian affair, Amazon applauded in Alabama and old Times building reimagined

This spring, the Puget Sound Business Journal sent tech reporter Ashley Stewart to a suburb of Birmingham, Alabama where she explored what the arrival of Amazon means for the city of about 28,000. The potential effect on Bessemer cannot be understated.....»»

Category: topSource: bizjournalsJun 23rd, 2019

So many reasons to legalize cannabis in New York

Missteps by state legislators led Amazon to scuttle its plans for a new headquarters in Long Island City. Now they are once again threatening to impede New York’s economic future by failing to move... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 12th, 2019

Former IMF Chief Economist: Here’s How Amazon Bungled HQ2

Amazon's botched plan to build a second headquarters in Long Island City came down to a failure to communicate. When Amazon announced plans to build HQ2 back in 2017, mayors and state governors clambered.....»»

Category: europeSource: fortuneJun 11th, 2019

Brookfield hopes to gain from HQ2 with TSA headquarters overhaul

Brookfield Properties hopes to demolish the Transportation Security Administration's Pentagon City headquarters and replace it with a mixed-use development poised to benefit from the pending arrival of Amazon.com Inc.'s second headquarters. The Toro.....»»

Category: topSource: bizjournalsApr 23rd, 2019

Watch out AOC: voters are mad at you

It’s likely too late to save the Amazon headquarters deal, but the politicians who led the fight against it may find themselves in deep political trouble as city and state officials now have a green... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 21st, 2019

Poll: New Yorkers say Amazon"s pullout deal was bad for the state

A new poll of state voters indicates that more than two thirds (67 percent) of New Yorkers believed that Amazon.com Inc.'s decision not to locate its second headquarters in New York City was bad for the state, with only 21 percent saying it wasn't.....»»

Category: topSource: bizjournalsMar 18th, 2019

Cuomo, New York leaders plead with Amazon to reconsider

Amazon cancelled its project and its 25,000 jobs weeks ago amidst an uproar over the company’s potential effect on the city and the $3 billion in incentives promised by the state and the city. There's no sign the company is reconsidering......»»

Category: topSource: washpostMar 1st, 2019

Spotify could announce a $155 Amazon Alexa-powered gadget for cars at a mysterious event on April 24th

Spotify Investor Day Live Stream Spotify announced on Friday that it will be making a news announcement during an event in New York City on April 24. There's no.....»»

Category: topSource: businessinsiderApr 6th, 2018