Mount Pleasant, NY
Politics
Ocasio-Cortez 'Thinks It’s A Good Idea To Lose Jobs, Revenue,' de Blasio Says After Amazon Exit Ocasio-Cortez 'Thinks It’s A Good Idea To Lose Jobs, Revenue,' de Blasio Says After Amazon Exit
Ocasio-Cortez 'Thinks It’s A Good Idea To Lose Jobs, Revenue,' de Blasio Says After Amazon Exit A day after Amazon announced it would be pulling out of a deal to set up a headquarters in New York amid pressure from politicians, New York City Mayor Bill de Blasio went on the offensive, slamming those elected officials and the company. In November, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, they began getting cold feet last week and officially pulled out of the project on Thursday, Feb. 14, announcing that they will not be looking for a new city to set up shop. The Amazon announc…

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by Zak Failla
New City, NY
Business
Rockland To Amazon: Come On Over Rockland To Amazon: Come On Over
Rockland To Amazon: Come On Over Won’t you be our neighbor? After Amazon’s shocking announcement that they would be scrapping plans to build a new HQ2 headquarters in Long Island City, new suitors have been lining up, attempting to court the online retailer. Rumors began circulating last week that Amazon was considering backpedaling out of their deal with New York. On Thursday, Feb. 14, the company announced that it was abandoning their plans. Hours after that announcement, Connecticut Gov. Ned Lamont said that his state was open for business. The following day, Rockland County Executive Ed Day threw his hat into the ring…

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by Zak Failla
Mount Pleasant, NY
Business
Amazon Pulls Out Of Plan For Headquarters In New York City Amazon Pulls Out Of Plan For Headquarters In New York City
Amazon Pulls Out Of Plan For Headquarters In New York City Amazon is looking for a new dance partner for its new headquarters after pulling out of plans to develop a site in New York City. The company announced on Thursday, Feb. 14 that it is are backpedaling out of the planned deal to construct a headquarters in Long Island City, despite overwhelming support from New Yorkers. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. "For Amazon, the commitment to build a new headquarters requires positive, collaborative re…

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by Zak Failla
Newburgh, NY
Business
Most New Yorkers Support State's Deal For Amazon Second Headquarters Most New Yorkers Support State's Deal For Amazon Second Headquarters
Most New Yorkers Support State's Deal For Amazon Second Headquarters Although Amazon may be looking for a new dance partner to set up its new Amazon HQ2 project outside the Empire State, a new poll found that the majority of New Yorkers support the proposed move to Long Island City. In November, the online retailer announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, according to a report released Friday, Amazon is reconsidering its choice in New York. A Siena College poll asked: “Do you approve or disapprove of the recently announced deal between Amazon and New York, which grants up …

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by Zak Failla
Fairfield, CT
News
Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo
Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo With the marriage between New York and Amazon seemingly fractured regarding the construction of a new headquarters in the area, Connecticut seems poised to strike while the iron’s hot, if state lawmakers have their way. In November last year, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, talks have since stalled and progress has been slow, leading Amazon to reconsider its plans in New York. With plans for a New York home possibly shelved, Connecticut officials have thrown their hats bac…

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by Zak Failla
White Plains, NY
Business
Amazon Now Reconsidering Plans To Open Second Headquarters In New York, Report Says Amazon Now Reconsidering Plans To Open Second Headquarters In New York, Report Says
Amazon Now Reconsidering Plans To Open Second Headquarters In New York, Report Says Amazon may be getting cold feet and be ready to backpedal out of its plan to build a new campus in New York City. In November, the online retailer announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, according to a new report released Friday, Amazon is reconsidering its choice in New York. "The question is whether it's worth it if the politicians in New York don't want the project, especially with how people in Virginia and Nashville have been so welcoming," one person familiar with Amazon's plans told The Washington…

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by Zak Failla
Stamford, CT
Business
It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area
It's Official: New Amazon HQ2 Headquarters Will Bring 25K High-Paying Jobs To NYC Area In one of the most anticipated business announcements in years, Seattle-based Amazon said Tuesday morning that it will split its second headquarters between the New York City and Northern Virginia. Speculation had swirled since September 2017 when the global giant Internet retailer said it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes the dramatic plot t…

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by Joe Lombardi
White Plains, NY
Business
Up To 3,000 Amazon Go Stores Could Be On The Way Up To 3,000 Amazon Go Stores Could Be On The Way
Up To 3,000 Amazon Go Stores Could Be On The Way While many traditional brick-and-mortar stores are falling by the wayside, due in large part to the boom in online shopping, web giant Amazon is contemplating opening thousands of cashier-less stores in the coming years. Reports emerged earlier this week that Amazon is planning to open as many as 3,000 cashier-less Amazon Go stores by 2021, following a cautious initial rollout of the product, with just three stores in Seattle and one in Chicago. Amazon launched its first Amazon Go store this week, a checkout-free grocery store that opened its flagship store in Seattle earlier this year afte…

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by Zak Failla
Fairfield, CT
Lifestyle
Greenwich Hedge-Fund Manager Ranks As Richest CT Resident In New Forbes 400 Greenwich Hedge-Fund Manager Ranks As Richest CT Resident In New Forbes 400
Greenwich Hedge-Fund Manager Ranks As Richest CT Resident In New Forbes 400 The newly released Forbes magazine annual rankings of the wealthiest 400 Americans includes no shortage of residents in Fairfield and Westchester counties. Including one whose fulltime address is now 1600 Pennsylvania Avenue. Donald Trump has been trumpeting a strong economy since he became the 45th president, but his own wallet has taken a big hit since he started his run for chief executive. More than $1 billiion, to be precise. Trump has dropped 11 places from last year. With a net worth of $3.1 billion, Trump is now the 259th-richest person in the 2018 Forbes 400. He was 248th in the…

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by Joe Lombardi
Hackensack, NJ
Lifestyle
New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents
New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents Some of the richest people in the U.S. are calling New Jersey home, according to the brand-new Forbes magazine annual rankings of the wealthiest 400 Americans. For the first time since 1994, Bill Gates has not claimed the No. 1 spot on Forbes' list of 400 richest Americans: That goes to Amazon.com founder and CEO Jeff Bezos -- clocking in at $160 billion. Additionally, Donald Trump has dropped 11 places from last year. With a net worth of $3.1 billion, Trump is now the 259th-richest person in the 2018 Forbes 400. He was 248th in the 2017 Forbes 400 when his net worth fell from $3.7 billion…

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by Cecilia Levine
Armonk, NY
Lifestyle
New Forbes Rankings Of 400 Wealthiest Americans: Trump Takes Another Plunge New Forbes Rankings Of 400 Wealthiest Americans: Trump Takes Another Plunge
New Forbes Rankings Of 400 Wealthiest Americans: Trump Takes Another Plunge Donald Trump has been trumpeting a strong economy since he became the 45th president, but his own wallet has taken a big hit since he started his run for chief executive. More than $1 billiion, to be precise.  Trump has dropped 11 places from last year in the brand-new Forbes magazine annual rankings of the wealthiest 400 Americans. With a net worth of $3.1 billion,  Trump is now the 259th-richest person in the 2018 Forbes 400. He was 248th in the 2017 Forbes 400 when his net worth fell from $3.7 billion when he was in 156th place in 2016 and down from $4.5 billion in 2015. A drop in the …

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by Joe Lombardi