New Republican tax cuts 'deliver' Warren Buffett a $29 billion check
Commerce Department recommends tariffs on steel, aluminum
Tech Luminary Peter Thiel Parts Ways With Silicon Valley
Freezing rain warning issued for Toronto and GTA
FireEye (NASDAQ:FEYE) Rating Increased to Hold at Zacks Investment Research
A second headquarters for Amazon ?
11 September 2017, 12:34 | Ruby West
Amazon to add as many as 50000 jobs, searches for second headquarters
According to news released by online retail tech giant Amazon, the company is seeking locations for a second headquarters hub outside of Seattle, Wash.
If Amazon hopes to municipalities a lot of generosity, it is that the group is aware of what he can offer. Leonhardt said putting a second Amazon headquarters somewhere rural could even help cure some of the nation's current polarity, both in the economy and politics. There are thousands of high paying jobs and billions of dollars for whichever city gets to have it. It clearly has "metropolitan areas with more than 1 million people" and "urban or suburban locations with the potential to attract and retain strong technical talent", as proven by the state's 17 Fortune 500 companies already making Minnesota home.
Although it is at the stage of draft, the announcement of Amazon should quickly hit in the municipalities: if the group has a preference for a large city of over one million inhabitants is close to an worldwide airport, the location as such is of little importance. Its global airport is home to a FedEx hub and has the best rail and river infrastructure around, according to officials there.
Have direct access to mass transit.
"We want to encourage states and communities to think creatively for viable real estate options, while not negatively affecting our preferred timeline", the company said.
Carney and other DE officials say the state meets all of Amazon's specific requirements: It is close to an worldwide airport, is accessible by mass transit and a population of nearly one million people.
Cities have by October 19 to submit their proposals, and Amazon will make its decision next year.
Amazon has already invested a lot of money in metro Detroit, planning to build a fulfillment center in MI that is creating more than 1,500 jobs. "We stand ready to help - let's bring this great company to Minnesota". "What we're about to see is a textbook auction for tax breaks". The company will announce its choice in 2018.
"It would create a very favorable political environment wherever they located, such that the congressmen and senators where they locate would be supportive of the company if issues came up in Congress with antitrust", said David Kass, a professor of finance at the University of Maryland.
"I would be suspicious of any claim that one new Amazon job creates a rippled effect of one indirect job", said Greg LeRoy, executive director of watchdog Good Jobs First.
But the Seattle company is looking far beyond Silicon Valley, where it already has a handful of outposts, and soliciting bids from across North America. "I think that gives us an enormous competitive advantage". "It's choking on dastardly Amazon's determination to lease office space and employ people who, in turn, demand houses and other local services". It announced plans to build three new warehouses that pack and ship packages in New York, Ohio and Oregon. "Amazon's headquarters decision will have an impact on the chosen place - more tax revenue, more economic growth - but at the same time, it will probably mean more congestion and higher housing costs". Tulsa Mayor G.T. Bynum has already publically said the city would be a ideal community, and the Tulsa Chamber of Commerce is showing enthusiasm as well for the idea.
Watch SpaceX launch a secret military space plane to orbit
While the specifics of the X-37B's mission aren't available to the public, it will be "conducting experiments" post-launch. Boeing (ba) built the spacecraft, which was based on NASA's designs of an earlier vehicle, according to the space agency.
Senior journalist Gauri Lankesh shot dead in Bengaluru
She demanded that Prime Minister Narendra Modi should look into the matter and provide answers for the attacks. Investigators pinned their hopes on the CCTV footage to get some clues about the identity of the killers.
'US never out of diplomatic solutions on N Korea'
So the question is whether North Korea will put some checks on itself as it seeks to expand its weapons tests in the Pacific. Tensions between America, North Korea, and the hermit state's regional neighbors have been rising for months.
Federal judge blocks Texas abortion law
The ban is on hold until September 14, when Yaekel scheduled a hearing to consider a preliminary injunction. An exam room at ChoiceWorks, formerly Whole Woman's Health Clinic, on June 27, 2016, the day the U.S.