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Amazon"s "HQ2" $2bln cost to tax payers

Amazon's decision to split its second quarters between New York's Long Island City and Arlington Virginia revealed the $2 billion in tax breaks the company received in exchange for 50,000 jobs......»»

Category: videoSource: reutersNov 13th, 2018

Amazon deal a boon for city priorities, think tank says

The Amazon deal will bring 25,000 jobs to Long Island City at a cost of nearly $3 billion in subsidies. But according to a report released Monday, the jobs are just the beginning. There's a chance... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 26th, 2018

Engaging the public would have eased Amazon"s arrival—and it still can

Critics and supporters of the Amazon HQ2 deals are both missing the point. Yes, the agreements will bring more than 50,000 jobs collectively to Queens and Crystal City, Va. Yes, they will cost $5... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 7th, 2018

Alexandria Ocasio-Cortez Celebrated Amazon Pulling Out of New York––But the Governor Says It Cost the City 25,000 Jobs

Alexandria Ocasio-Cortez Celebrated Amazon Pulling Out of New York––But the Governor Says It Cost the City 25,000 Jobs.....»»

Category: topSource: timeFeb 18th, 2019

Overwhelmed by virus, city awards contracts to unproven vendors

Uber Technologies will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

Amazon plans to create 15,000 jobs in a suburb of Seattle, as tensions with its home city intensify (AMZN)

Amazon announced in a blog post Thursday that it plans to hire 15,000 employees in Bellevue, a suburb near its Seattle headquart.....»»

Category: topSource: businessinsiderFeb 6th, 2020

Amazon plans to create 15,000 jobs in Bellevue, expanding presence in city

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 6th, 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

Google quietly expands in city in wake of Amazon’s stumble

If Amazon's botched ex… in Queens offers a cautionary tale, Google is showing there’s another way. The Alphabet Inc. unit has added thousands of jobs since it set up shop in the without provoking... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 12th, 2020

Apple is sitting out the city"s tech office boom, at least for now

One year after the tech giant announced it would bring hundreds of jobs to New York, and on the heels of major Manhattan lease announcements by Facebook Inc. and Amazon.com Inc., the city’s real... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

Don"t be fooled by Amazon headlines

Six months ago Amazon suddenly pulled the plug on its plans to build a second headquarters in Long Island City and bring 25,000 high-paying jobs to Queens. And in recent weeks a wave of stories, many... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 20th, 2019

Goodyear OKs deal to bring Nike"s $184M plant to West Valley

Goodyear City Council on Monday unanimously approved an agreement with Nike subsidiary Air Manufacturing Innovation, the maker of Nike Air shoes, to reimburse the company for a portion of the cost of creating at least 505 jobs in the city. The cit.....»»

Category: topSource: bizjournalsJul 2nd, 2019

Amazon"s presence evokes strong ⁠— and disparate ⁠— reactions in cities across the country

With its higher wages and promise of jobs, Amazon can be a community hero, but the prospect of displeasing Amazon can also have significant consequences — as Seattle and New York City have learned......»»

Category: topSource: bizjournalsJun 24th, 2019

Amazon to build cargo air hub at Florida airport, create 800+ jobs

Amazon.com Services Inc. wants to enter a ground lease with Lakeland Linder International Airport for air cargo operations. The ground lease, which the city commission will review May 20, initially is for Amazon to lease 47 acres of a 110-acre parcel.....»»

Category: topSource: bizjournalsMay 17th, 2019

Bessemer"s mayor: Amazon will give the city back what it lost

The number of jobs Amazon is planning to create in Bessemer, Alabama, is about the same as the number of jobs the city lost when a major steel manufacturer closed......»»

Category: topSource: bizjournalsApr 30th, 2019

Cuomo still fuming over HQ2

Gov. Andrew Cuomo says the collapse of Am… Long Island City headquarters has the private sector scared of entering into economic- development deals with New York. "It cost us 25,000 jobs, and it... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 9th, 2019

"Her Heart Isn"t In The Bronx" - AOC Ignores Constituents" Pleas While Pushing "Green New Deal"

Maybe it's because she just cost their community 25,000 high-paying jobs (plus hundreds, maybe thousands, of ancillary jobs supporting those workers) by helping to drive Amazon out of New York. Or maybe it's b.....»»

Category: blogSource: zerohedgeMar 31st, 2019

Ahead of Amazon vote, Briley announces pay raises for Metro employees

Mayor David Briley is guaranteeing Metro employees the cost-of-living wage increases that city officials were forced to repeal during last year's contentious budget discussions. Briley's office announced officials have secured the $18 million needed .....»»

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

This HQ2 study shows Central Ohio"s tech scene is attractive to Amazon, others

A recent study that examined Amazon's interest in tech jobs as an indication of where its HQ2 could go, put Columbus in the middle of the pack. Still, the study says the city has a leg up on many of its peers.  New York-based data firm the Confer.....»»

Category: topSource: bizjournalsApr 23rd, 2018