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Stock impact report

Cities Spurned By Amazon for HQ2 Renew Courtship After Winning New York Has Second Thoughts [Fortune]

A.H. Belo Corp (AHC) 
US:NYSE Investor Relations: investor.ahbelo.com
Company Research Source: Fortune
Cities Spurned By Amazon for HQ2 Renew Courtship After Winning New York Has Second Thoughts As Cities including Miami, Chicago, and Newark, NJ have all recently talked to , brushing off their earlier rejections in hopes of landing thousands of jobs. Then Denver and Dallas said they never stopped speaking with . Since announcing plans to build a new “second headquarters” in New York City three months ago, has encountered intense blowback. New York politicians are balking at a plan to hand over huge financial incentives to one of the biggest companies in the world while local residents complain about the impact of thousands of new workers on an already expensive and crowded neighborhood. The opposition has second-guessing its move into the city, according to media reports, opening the door to former candidates to dust off their old proposals. Last year, last year received 238 bids for the new headquarters, which originally was planned for one city. Candidate cities made big offers—l Show less Read more
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