The Battle for Amazon's HQ2 Heats Up, But is Winning Worth it?
Amazon announces the 20 cities that are still in the running for its second headquarters. The tech giant promises an economic boost of $5 billion to the winning city, but when you factor in the tax incentives the cities are offering Amazon, is it actually worth it?
Todd Bishop, Co-Founder and Editor at Geekwire, explains why the fight to win HQ2 could hurt the mid-size cities still in the running.
When asked where he believes Amazon will set up shop, Bishop points to the Washington, D.C. area and the New York City area. Both metro centers have at least two cities in the running. Bishop also notes that Toronto, the only non-U.S. city on the list, has a strong chance as well.
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.