Amazon plans to invest over $5 billion and create 50,000 jobs for its new headquarters. Amazon HQ2 could ultimately change the economic trajectory of the winning city for years to come. Nancy McFarlane, Mayor of Raleigh, North Carolina, was with us to discuss the city's chances.
Amazon culled its list down from 238 to 20, Raleigh among them. Mayor McFarlane shared what she believes landed her city on the short list. The Mayor stressed that Raleigh is a great environment for a tech company to grow. Tech jobs in Raleigh have grown 38.5% from 2010-2015, second only to San Francisco and ahead of Austin, Boston, and other innovation hubs.
Amazon's presence transformed the real estate market in Seattle. In July, home prices in the city increased 13.5% compared to last year, according to reports. Mayor McFarlane said it would be part of the discussion if Amazon were to move in because maintaining affordable housing is a priority, but careful planning would help avoid the displacement of residents.
When cannabis retail store Smacked Village opens its doors to the public Tuesday morning, it will be the Empire State’s second, licensed, adult-use cannabis retail store. But it also claims a lot of firsts.
Candy-maker Mars said it's replacing M&M's beloved spokescandies after criticism over their rebranded looks.
Merriam-Webster bought Quordle, a game similar to the hit Wordle.
Amazon is launching a dedicated cargo fleet in India as it expands in a key market.
Netflix is teaming up with Bumble on a new trivia game within the dating app.
The price of eggs continues to increase and smuggling from Mexico has been reported by U.S. customs officials.
Elon Musk took the stand Monday at his securities fraud trial and testified Saudi Arabia's sovereign wealth fund wanted to take Testa private.
Some of the country's biggest banks are reportedly teaming up to offer a digital wallet to compete with Apple Pay and PayPal.
Microsoft announced an extended multi-year, multi-billion partnership with OpenAI, the parent company of ChatGPT.
Lisa Greene-Lewis, CPA and TurboTax expert, joined Cheddar News to explain the major changes that taxpayers need to know as filing season gets underway.
