Markets

Amazon to split second headquarters between New York, Virginia

Amazon to split second headquarters between New York, Virginia”

Washington (CNN Business) Alexandria Ocasio-Cortez won't take office until January, but the progressive firebrand is already casting herself as the voice of the people in the debate over Amazon's arrival in NY, even as fellow Democrats rushed to welcome the company.

The HQ2 search sent states and cities into a frenzied bidding war.

In addition to the headquarters, it said a new centre of operations for the United States east coast would be built in Nashville, Tennessee, with an extra 5,000 people to be hired.

In a tweet thread, U.S. Representative-elect Alexandria Ocasio-Cortez, whose district includes Long Island City, criticized NY state's decision to provide Amazon with big tax breaks and questioned whether current residents would end up being displaced as a result of rising rent. Hiring at both the new facilities will begin in 2019.

Caitlyn Jenner's Malibu Home Burns Down in Woolsey Wildfire
TMZ reported that Kim Kardashian, as well as her two sisters Khloe and Kourtney also evacuated their homes on Thursday night. The city of Malibu has reduced the scope a mandatory evacuation order for the beachside community as a wildfire approaches.

"The choice of its new office sites follows Amazon's September announcement that it would raise its minimum wage for warehouse workers to $15 an hour", the Journal concluded.

Among the finalists that Amazon was holding advanced talks with were Dallas, Long Island City in NY and Arlington near Washington, D.C., Reuters has reported https://www.reuters.com/article/us-amazon-com-headquarters/amazon-plans-to-split-second-headquarters-in-two-cities-sources-idUSKCN1NA2HM, citing sources.

Amazon will receive performance-based direct incentives of US$573 million based on the company creating 25,000 jobs with an average wage of over US$150,000 in Arlington.

Cities and states promised billions of dollars of tax breaks and other inducements in exchange for Amazon's so-called HQ2.

Packers-Patriots Preview and Prediction: Tom Brady vs. Aaron Rodgers
Gordon's biggest catch was a 55-yard touchdown reception late in the fourth quarter that gave the Patriots a two-touchdown lead. Brady and Rodgers are known for their game-winning drive capabilities, and their poise and calmness in last second situations.

A spokesperson for Ocasio-Cortez did not immediately return a request for comment.

The split also raised questions about how equal the two new locations will be with Amazon's current Seattle base, which employs more than 45,000 people. "While I am proud Boston was named to Amazon's shortlist for its second North American headquarters, our future will not be defined by a single company as we continue to plan for equitable, sustainable growth".

Analysts said Amazon's selection of NY and Washington, thriving regions where many major U.S. companies, including Amazon, already have a presence, shows that subsidies sweeten- but do not necessarily drive - corporate decisions.

Amazon said it plans to take up to 4 million square feet of office space, and could grow into as much as 8 million square feet.

Diablo Immortal revealed for Android and iOS mobile devices
This is a new title in the long-running Diablo franchise and it is indeed a full-featured game for iOS (and Android) devices. The game won't be coming out for a while, but those at Blizzcon will be able to try out the game on the show floor.

After settling on a bunch of finalists, Amazon reportedly further trimmed down the contenders to a "small handful" of cities earlier this month, among them Dallas and NYC. Construction and service work increased there, catering to the retailer, and the company says it helped attract other Fortune 500 businesses to Seattle. With the jobs Amazon brings will come strains on housing and transportation.



Like this

Latest


14 November 2018
Remembering Stan Lee: tributes to the late Marvel legend
Lee was inducted into the comic book industry's Will Eisner Award Hall of Fame in 1994 and the Jack Kirby Hall of Fame in 1995. Most recently, Marvel's Spider-Man developed by Insomniac and published by Sony, was released to critical acclaim .

12 November 2018
Ousted Sri Lankan PM’s party to challenge dissolution of parliament in court
Both men say they command a majority in Parliament and had been expected to face the 225-member house this coming Wednesday. Dayasiri Jayasekara, a cabinet minister, has expressed his support for Sirisena's decision to dissolve the legislature.

12 November 2018
Take 5; Steelers get a break after drilling Panthers
The Jaguars beat Pittsburgh twice on the road last season, including a 45-42 upset in the divisional round of the playoffs. So led by Cam & Christian McCaffrey , Carolina climbs to 7-2, as they try to keep pace with the Saints.

11 November 2018
Deadly fire leveled a California town in less than a day
Woolsey Fire was threatening 75,000 homes and more than 200,000 people were under mandatory evacuation early on Saturday. State officials have blamed climate change and say numerous burn areas have been in federally-managed lands.

11 November 2018
Stephen A. Smith Goes Berserk Reacting To Jimmy Butler Trade To 76ers
Butler has averaged 21.3 points, 5.2 rebounds, 4.3 assists and 2.4 steals through 10 games this season. Butler, who turned 29 on September 14, has been an All-Star in each of the last four seasons.

10 November 2018
Australian police say several people stabbed in Melbourne; man arrested
Officers had initially responded to a report of a auto on fire on the popular shopping street at 4.20pm (5.20am GMT) on Friday. Paramedics said they assessed three people at the scene, one with a neck injury: "They are in a suspected critical condition".

10 November 2018
Federal judge’s ruling delays Keystone XL pipeline
Native tribes protest US President Donald Trump's decision to revive the Dakota Access project, and the Keystone XL pipeline. State Department, which concluded the pipeline's impact on the environment would be "negligible to moderate".

09 November 2018
Sean Hannity Takes Stage at Trump Rally After All
Trump's aggressive campaign blitz, which paid off in some key victories, suggests he is likely to continue leaning into the fray. But just hours later, Hannity did just that after the president invited him and Pirro to join him, calling both "very special".

09 November 2018
Robyn Denholm to Replace Elon Musk as Tesla Board Chair
Mr Musk was also obliged to relinquish his role as chairman for three years. "Great respect. She'll work full-time at Tesla , where she has served on the board since 2014.

07 November 2018
Watch Trump and Obama face off
The graphic, aired during " All In ", with openly liberal host Chris Hayes, shows Gillum receiving about 45,000 more votes. The former president has been campaigning with Democrats in key battleground states.



Recommended