Feeling unwelcome, Amazon ditches plans for New York hub

Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Billionaire Stanley Druckenmiller placed bet again...
Amazon's NY exit spurs reactions on money saved an...

Related Posts