Nashville Councilwoman Calls Amazon's Withdrawal from New York 'Disheartening'
*By Kristen Lee*
A Nashville councilwoman called Amazon's abrupt cancelation of its plan to build a campus in New York City "disheartening" on Thursday, saying it sends a negative signal about the company's willingness to work with local officials.
"It seems like the politicians up there and the local elected officials started asking tough questions, and that's what elected officials are supposed to do ー we're supposed to be stewards of the taxpayer dollars," Councilwoman Kathleen Murphy told Cheddar. "If we ask questions, are they just going to run away?"
Nashville was chosen as the site of a smaller Amazon outpost that will create 5,000 jobs for the city at the same time the e-commerce giant announced its larger "HQ2" campuses in Queens, New York, and suburban Virginia.
Murphy, who has been critical of some of the incentives Nashville is providing Amazon, said debate is important. "We need to have open and transparent conversations so our constituents know what is going on and we know that we're doing what's best for Nashville."
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
