With Congress back from summer recess, House Speaker Kevin McCarthy has a slew of issues to resolve ahead of this month's spending deadline.
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Amazon is Bluffing, Wants to Stay in NYC: Analyst Prediction
Amazon's blog post announcing it will pull the plug on its New York City headquarters is nothing but a bluff to bring politicians back to the negotiating table, said D.A. Davidson Analyst Tom Forte. "Absolutely Amazon's bluffing," Forte told Cheddar Friday.
The Week's Top Stories: Amazon Ditches NYC, and Facebook Fine
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
How Trump's Border Wall Differs From Past National Emergency Declarations
The National Emergencies Act of 1976 was passed in an attempt to regulate the president's ability to declare open-ended national emergencies. The point of the law, commentators said at the time, was to give Congress the power of oversight on matters of national urgency. It is perhaps ironic then that President Trump announced he will, under the provisions of that law, declare a national emergency as a way to circumvent Congress and build a border wall.
Need 2 Know: National Emergency, Katy Perry Engaged
These are the headlines you Need 2 Know for Friday, Feb, 15, 2019.
Andy Puzder Says Amazon Withdrawal Shows New York Is Falling Prey to 'Socialist Policies'
Amazon's decision to pull its new HQ2 out of New York City is very bad for the city ー and a sign that the home of Wall Street is falling victim to anti-business attitudes, according to former CKE Restaurants CEO Andy Puzder. "I think it's a hit to the New York economy. New York is a big city, it's a strong city, but it used to be the home to capitalism. Now it's coming under some of these socialist policies and it's going to lose companies like Amazon ($AMZN)," Puzder told Cheddar on Thursday.
Amazon's Decision to Ditch NYC HQ Shocks Even Those Who Opposed Deal
Amazon has backed out of its plan to build a second headquarters in Queens, New York. The abrupt decision shocked even those who opposed Amazon's planned expansion in Long Island City. Cheddar spoke with Jimmy Van Bramer, deputy leader of the New York City Council.
A Year After Parkland, Democrats and Activists Celebrate Long-Awaited Gun Reform Progress
A day before the anniversary of the Parkland shooting, a massacre that re-framed the debate over gun control as a defining cause of Gen Z, Congress advanced its first piece of gun legislation in decades. Rep. Debbie Mucarsel-Powell, a newly elected Democrat from a Parkland-adjacent district who sits on that committee, discussed the victory with Cheddar.
Need 2 Know: Parkland Anniversary, Ryan Adams Accused
These are the headlines you Need 2 Know for Thursday, Feb. 14, 2019.
New Congestion Surcharge Hurts Taxi Passengers and Drivers: NYC Taxi Group President
Catching a ride in New York just got more expensive, and passengers aren't the only ones complaining. "It's a problem for the drivers," Aleksey Medvedovskiy, the president of NYC Taxi Group, told Cheddar Wednesday. "It's a problem for the general public."
