• Newark, New Jersey is moving forward on its $1 billion bid for Amazon's second headquarters - and it may reveal what the tech giant is looking for

    4 monthes ago - By Business Insider

    Amazon is narrowing down the search for the home of its $5 billion second headquarters, called HQ2. In January, the company selected 20 metros across North America as finalists.
    One of the biggest underdogs is Newark, New Jersey, a city with an economy that has struggled to recover from the 2008 recession. To sweeten the deal for Amazon, Newark's city council is expected to approve $1 billion in tax breaks for the tech giant on Wednesday. As Bloomberg notes , the deal is part of a $7 billion package New Jersey is offering to land HQ2.
    At first glance, the bid , released by the state in...
    Read more ...