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-0.00036597118636796 -1.6082598260389E-05 0.0029557605779914 0.00240011294649151 0.00188448765875423 0.00103125057547455 0.0012767864267781 0.0012767864267781
Stock impact report

Factbox: Amazon to get billions in breaks for HQ2 development [Reuters]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Reuters
Factbox: Amazon to get billions in breaks for HQ2 development | Reuters 3 Min Read (Reuters) - Amazon.com Inc ( AMZN.O ) said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC. Each would have up to 25,000 jobs and Amazon will create a new facility in Nashville with 5,000 jobs. The retailer said it will get billions of dollars as direct incentives from the three selected cities, contingent to creating a specific number of jobs. Below is the break-down of incentives the selected cities are offering the online retail giant: Total Incentive - $1.525 billion This includes a refundable tax credit through the state’s Excelsior Program of up to $1.2 billion - $48,000 per job for 25,000 jobs with an average wage of over $150,000. A cash grant from Empire State Development of $325 million. The incentives will flow over the ne Show less Read more
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