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."
JB Mackenzie discusses Robinhood’s new entertainment prediction markets, letting users engage with pop culture, award shows, and more through low-stakes bets.
Rhett Power shares his startup journey, lessons from his early years and insights from his book on overcoming negative self-talk to lead with confidence.
Despite inflation, Americans aren’t giving up the gym. Crunch Fitness CEO Jim Rowley discusses strong growth, value-driven expansion and what the future holds.
Home prices far outpacing incomes, low inventory, and higher living costs are reshaping the market. WSJ’s Veronica Dagher breaks down the challenges ahead.
As commercial options tighten, more travelers are turning to private aviation. Wheels Up CEO George Mattson breaks down capacity and demand challenges.
Layoffs, hiring slowdowns, and shifting skill demands dominate this year’s job talk. LinkedIn’s Kory Kantenga explains what workers should watch for next.
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.