In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax…
By Joseph Pisani, Associated Press
Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company's anti-union stance.
By Michael R. Sisak, Josh Boak, Associated Press
Amazon abruptly announced Thursday that it will not build a headquarters in New York, after some local politicians expressed strong opposition toward the company’s plan. The “stunning reversal” is a major blow to the politicians who helped broker the deal,…
The online retailer has faced opposition from some New York politicians, who were unhappy with the tax incentives Amazon was promised.
By Associated Press
By Michael Balsamo, Zeke Miller, Associated Press
The publisher of the National Enquirer said Friday it will look into claims of extortion and blackmail made by Amazon CEO Jeff Bezos, who said the tabloid threatened to publish intimate photos of him unless he stopped investigating how the…
By Paul Solman
In the early 20th century, Standard Oil was broken up because of its vast power. Today, many think Facebook, Google or Amazon present similar threats, but they proceed unchallenged. In "The Curse of Bigness," law professor Tim Wu argues that…
By Michael Liedtke, Will Weissert, Matt O'Brien, Associated Press
Apple's investment, which will create at least 5,000 jobs ranging from engineers to call-center agents, adds to a city that has already become a bustling tech hub.
By Marley Jay, Associated Press
Apple, Microsoft and Amazon, the most valuable companies on the market, saw some of the worst losses Monday.
By Bernard Condon, Stephen Braun, Associated Press
The New York City neighborhood Amazon chose for one of its new headquarters offers developers capital gains tax breaks to invest in high-poverty, low-income areas.
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