Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. Amazon Caves to Pressure from Ocasio-Cortez, other Lawmakers The spacious Amazon campus in Long Island City, Queens would have created more than 25,000 well-paying jobs.

However, lawmakers balked at the nearly $3 billion in New York state and city tax incentives that the Jeff Bezos-led firm stood to reap from the high-profile search for a location for “HQ2. ” One of those politicians was recently sworn-in US House Rep. Alexandria Ocasio-Cortez, who lambasted the

The post Newsflash: Amazon Trashes Plans for NYC Headquarters, Caves to Pressure from Ocasio-Cortez appeared first on CCN

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