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Fri, Mar 29 2024

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Amazon dumps NYC headquarters and its promised 25,000 jobs

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Amazon dumps NYC headquarters and its promised 25,000 jobs

NEW YORK (AP) — Amazon abruptly abandoned plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world’s richest, most powerful companies.

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