Tag Archives: Amazon

What Amazon Didn’t Get From New York

What Amazon Didn’t Get From New YorkMy view is that local governments overuse such subsidies. Consider, by way of illustration, entitlement and discretionary spending on the federal level. Much of discretionary spending, by contrast, is research grants and procurement contracts.



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New York's Amazon rejection exposes US opportunity gap and Democrats' political disconnect

New York's Amazon rejection exposes US opportunity gap and Democrats' political disconnectDemocrats should consider this a wake-up call for 2020 when they must win states that don't have dynamic urban economies like New York or California.



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Amazon announces plans to make half of shipments carbon neutral by 2030

Amazon announces plans to make half of shipments carbon neutral by 2030Online retail giant Amazon has announced plans to make alf if its shipments carbon neutral by the year 2030. The company, which ships millions of packages a year to shoppers, said that it will achieve that goal by switching to renewable energy sources and by asking suppliers to reimagine their packaging. “It won’t be easy to achieve this goal, but it’s worth being focused and stubborn on this vision and we’re committed to seeing it through,” Dave Clark, Amazon senior vice president of worldwide operations, said.



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Politicians squabble over who is to blame for Amazon decision to ditch New York

Politicians squabble over who is to blame for Amazon decision to ditch New YorkPoliticians bickered Sunday over who is to blame after Amazon canceled second headquarters in New York.



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Alexandria Ocasio-Cortez Celebrated Amazon Pulling Out of New York––But the Governor Says It Cost the City 25,000 Jobs

Alexandria Ocasio-Cortez Celebrated Amazon Pulling Out of New York––But the Governor Says It Cost the City 25,000 JobsThe spat between Alexandria Ocasio-Cortez and Gov. Andrew Cuomo lays bare a growing divide over Amazon's decision to pull out of New York City.



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New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New York

New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New YorkOn the first full day after Amazon scrapped its plans to open its second headquarters in Queens, New Jersey made it very clear that it wants as many of the company`s jobs as possible to be added in the Garden State.



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Amazon pays zero federal taxes for second year in succession despite doubling profits, says new report

Amazon pays zero federal taxes for second year in succession despite doubling profits, says new reportAmazon has paid zero federal taxes for the second year in succession, despite a doubling of its profits, according to a new report. Although the tech giant founded by Jeff Bezos saw its profits grow from $ 5.6bn (£4.3bn) in 2017 to $ 11.2bn (£8.7bn) in 2018, it will actually receive a tax rebate of $ 129m (£100m). “The company’s newest corporate filing reveals that, far from paying the statutory 21 per cent income tax rate on its US income in 2018, Amazon reported a federal income tax rebate of $ 129m,” said the report by the Institute on Taxation and Economic Policy (ITEP), which describes itself as a “non-partisan, non-profit think tank”, based in Washington DC.



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Gone in a New York minute: How the Amazon deal fell apart

Gone in a New York minute: How the Amazon deal fell apartNEW YORK (AP) — 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 incentives and lighting the Empire State Building in Amazon orange.



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Amazon invites Alexandria Ocasio-Cortez to 'see for yourself' after she alleges 'dehumanising conditions' for workers

Amazon invites Alexandria Ocasio-Cortez to 'see for yourself' after she alleges 'dehumanising conditions' for workersAmazon has thrown down the gauntlet to Alexandria Ocasio-Cortez, inviting the congresswoman to visit one of its facilities after she claimed the tech giant had created “dehumanising conditions” for its workers. The 29-year-old congresswoman was among those who celebrated after Amazon announced this week it was pulling out of plans to open what it termed a second headquarters in New York City. Ms Ocasio-Cortez, who represents the city’s 14th district, which is close to the Long Island City neighborhood of Queens where the facility was to be based, had opposed the $ 3bn in tax incentives the state and city had offered the e-commerce giant, headed by Jeff Bezos.



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Amazon cancels plans to build second headquarters in New York after local protests

Amazon cancels plans to build second headquarters in New York after local protestsAmazon has announced it has cancelled plans to build its second headquarter campus in New York City following protests. “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” Amazon spokesperson Jodi Seth said in a statement on Thursday. Incentivised by a $ 3bn subsidy deal with New York City, Amazon had originally planned to build a massive complex in Long Island City, Queens.



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