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Amazon Pulls Out of Planned New York City Headquarters
Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash from lawmakers, progressive activists and union leaders, who contended that a tech giant did not deserve nearly $3 billion in government incentives.
The decision was an abrupt turnabout by Amazon after a much-publicized search for a second headquarters, which had ended with its announcement in November that it would open two new sites — one in Queens, with more than 25,000 jobs, and another in Virginia.
Amazon's retreat was a blow to Gov. Andrew M. Cuomo and Mayor Bill de Blasio, damaging their effort to further diversify the city's economy by making it an inviting location for the technology industry.
The agreement to lure Amazon to Long Island City, Queens, had stirred intense debate in New York about the use of public subsidies to entice wealthy companies, the rising cost of living in gentrifying neighborhoods, and the city's very identity.
Also at the Long Island City Post, CNBC, CNN, and the Washington Post.
Previously: Amazon Said to be Close to Picking Crystal City, Virginia for Second Headquarters
Amazon Reportedly Picks New York, Northern Virginia for HQ2
(Score: 2) by Bot on Saturday February 16 2019, @01:42AM
Those tech giants have enough cash to buy out entire states' governments. Therefore the deals they reach with single states should be held as fraud attempt and the difference between what they pay, and what auntie and her shop pay comparatively, should become additional tariffs to sell their goods. When firms create poverty, the state pays for it, directly and indirectly (poverty => criminal workforce). This should HAVE BEEN true for foreign nations that treat workers like sh!t too, and now those places are so powerful they are buying out Africa and too powerful to be taxed out to justice...
Frankly I'd split them up, if that were possible (I think that the banking system makes splits irrelevant, welp)
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