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."
Lukas Alpert of MarketWatch explores how networks, brands, and ad buyers absorb the shockwaves when late‑night show hosts are suddenly cut — and brought back.
Scott Trench, host of the BiggerPockets Money Podcast, explores how recent rate cuts, high borrowing costs, and mortgage rates are reshaping U.S. real estate.
A look into how disruption, AI, and global economic trends are transforming the modern supply chain with Jeremy Jansen, Head of Supply Chain at Wells Fargo.
