Tuesday, October 24, 2017

Charlotte has reason to pause as bidding frenzy for Amazon's HQ2 drags on

More than 230 cities have lined up to shower Amazon.com Inc. with financial incentives — some valued in the billions — in hopes of landing the company’s second North American headquarters. If that makes some taxpayers nervous, it should: Amazon (NASDAQ: AMZN) isn't the first major employer with the potential to receive billions in public subsidies, although its promise to deliver up to 50,000 jobs and $5 billion in investment for its so-called "HQ2" has set the stage for an incentive package…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/10/24/charlotte-has-reason-to-pause-as-bidding-frenzy.html?ana=RSS%26s=article_search

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