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.

Share:
More In Business
Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
Load More