Amazon Reconsidering New York Headquarters Site: WaPo

Amazon Reconsidering New York Headquarters Site: WaPo

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Amazon's stock fell by 2.75% as the Washington Post reported that the company is reconsidering its plans for a New York headquarters due to local political opposition. Initially, Amazon had chosen Long Island City in Queens, New York, as one of its two new headquarters locations. However, the reconsideration comes amid concerns about the tax breaks Amazon would receive and the impact on the local community. The headquarters was expected to eventually house 25,000 employees, and while some politicians welcomed the development, others raised questions about the financial incentives involved.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which area in New York was initially chosen for Amazon's headquarters?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did local politicians have regarding Amazon's headquarters?

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