Amazon's would-be NY neighbors: Cynicism, some hope for jobs

  • 📰 ABC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Amazon's would-be NY neighbors: Cynicism, some hope for jobs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Don’t hold your breath. Amazon treats employees terribly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon's would-be NY neighbors: Cynicism, some hope for jobsNEW YORK (AP) — Shawn Smith has heard the promises before. When new hotels sprang up near the public housing complex in Queens where he's lived for 17 years, residents were told they would bring jobs and economic opportunity. He hasn't seen any of it. So he's cynical about the announcement this week that Amazon will build a headquarters for 25,000 workers on the Long Island City waterfront, a half mile from his home. Elected officials gleefully promised that Amazon's presence will buoy all of western Queens. Smith is not so sure. Consider your neighborhood destroyed. rolandsmartin Kind of sad.
Source: AP - 🏆 728. / 51 Read more »

Amazon HQ2 rumors jolt NY, DC real estateIt hasn't been announced yet. It wouldn't happen for months, if not years after it was announced. But Amazon's possible arrival in Northern Virginia and Queens has already sent shockwaves through two surrounding real estate markets. Amazon's possible arrival in Northern Virginia and Queens ,New York , has already sent shockwaves. IS FAKE NEWS!!! Clown News Network= CNN
Source: CNN - 🏆 4. / 95 Read more »

Amazon to announce investments in NY, Virginia, Nashville: sourceAmazon.com Inc is announcing on Tuesday a major investment in Nashville, Tenness... NY for the finance Virginia for the access to DC and Govt. Nashville for the tax rates And Cortez is complaining about it. Amazon funding terrorism
Source: Reuters - 🏆 2. / 97 Read more »

Amazon touted as big win for NY, but math is more complexNew York officials tout their deal to land a new Amazon headquarters as can't-miss math. The city and state put up $2.8 billion in tax breaks and grants. In return, they get an economic engine expected to generate $27 billion in new tax money over a quarter-century. 'This is a big... When you a high services, high tax rate & high regulation state as NY is, you must pay a significant premium to attract jobs - which they did. Thank their incompetent politicians They're not bringing in 20,000 workers, they're going to take from the unemployed in New York. It's not that hard to understand. Most Interesting Guy In TRACK TOWN USA JUSTDOIT
Source: ABC - 🏆 471. / 51 Read more »

Amazon 'scammed' NYC into incentivizing new headquarters, says NY state senator'We're talking about something that's going to cost taxpayers $3 billion.' Democratic NY State Sen. Michael Gianaris said New York City made a 'bad deal' by offering Amazon so much in incentives for its new headquarters in Long Island City. You gotta love big city politics. Yes, awful to have new jobs, more development and consumer spending. Yet, let the big city pension plan vote itself huge benefits like Chicago and then later try to legalize pot and issue billions in bonds to bail itself out. Bravo! U S out of North America Typical New York City shortsighted NIMBY hack. Wants to spend $3 billion on affordable housing, which would need to be affordable by people with no jobs in a city/state with a falling tax base. Business made NYC.
Source: CNBC - 🏆 12. / 72 Read more »

Amazon aims at office workers with compact cashier-less food storeAmazon aims at office workers with compact version of its cashier-less Amazon Go food stores I am starting to think that Amazon doesn't care about people. They are coming. Unless we find another planet to be colonised. should that read Amazon aims at eradicating small business and jobs whilst not paying their dues lol ?
Source: Reuters - 🏆 2. / 97 Read more »

Amazon leases another 10 aircraft from ATSG to expand Amazon AirAmazon.com Inc. said overnight that it will 10 more aircraft from Air Transport Services Group Inc. as it expands Amazon Air's network, increasing the fleet to 50 aircraft. Amazon's stock rose 0.7% in premarket trade Thursday, after closing Wednesday at an 8-month low. The 10 additional cargo aircraft will consist of Boeing Co.'s 767-300. The 40 aircraft Amazon previously leased in 2016 were also Boeing 767 freighters. "By expanding the Amazon Air network through our partnership with ATSG we're able to ensure we have the capacity to quickly and efficiently deliver packages to customers for years to come," said Dave Clark, senior vice president of worldwide operations at Amazon. Earlier this week, when Amazon package-delivery customer FedEx Corp. was asked about potential competition from Amazon Air, Chief Executive Frederick Smith said he doesn't see Amazon Air as a peer competitor, and doubts it ever will be. Amazon's stock has tumbled 24% over the past three months but was still up 25% year to date, while the S&P 500 has lost 16% the past three months and 7.7% this year.
Source: MarketWatch - 🏆 3. / 97 Read more »

It’s official: Amazon splits prize between Crystal City and New YorkThe company’s expansion will be a boon, and perhaps a strain, for two metropolitan areas. Ha no criticism of its owner at all
Source: washingtonpost - 🏆 95. / 72 Read more »

Amazon HQ2 decision: Amazon splits prize between Crystal City and New YorkAmazon picks Northern Virginia and New York for its additional headquarters after year-long, high-profile search Y'all need to talk to your boss Imagine how much wasted money and resources went into wooing a company that seemingly knew where it wanted to go all along. Capitalism is evil. I can understand the New York pick, but what's so special about Northern Virginia? 🤔
Source: washingtonpost - 🏆 95. / 72 Read more »