Monday, December 04, 2017

AMAZON - Tech Hub 2

"Cities dream of wooing Amazon, but is it worth it?" PBS NewsHour 11/30/2017


SUMMARY:  The pitches have been quirky, some might even say desperate.  City officials across North America are trying to get Amazon's attention in hopes that the fourth-largest company in the U.S. will build its next big tech hub in their community.  Economics correspondent Paul Solman reports on what they stand to gain -- and pay -- for the chance.

Judy Woodruff (NewsHour):  But first, Amazon is searching for a place to build a second headquarters.

The scale of the project is massive.  It comes with a proposed eight-million-square-foot campus that would cost $5 billion, and promise up to 50,000 new jobs.

As economics correspondent Paul Solman reports, that’s created an unprecedented bidding war between cities and states.

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