Why Amazon has scrapped its $2.5 billion plan for a New York headquarters

More than a year of work to bring Amazon.com Inc’s headquarters and tens of thousands of jobs to New York City ended this week with a couple of phone calls.
Jay Carney, the company’s top policy executive, told New York Governor Andrew Cuomo that the world’s biggest online retailer would not go ahead with plans to invest $2.5 billion to build a second head office in the New York City borough of Queens.
Carney, a former press secretary for President Barack Obama, told New York City Mayor Bill de Blasio the same shortly after.
Abruptly scuttling its Big Apple plans blindsided Amazon’s allies and opponents alike. The company said the decision came together only in the last 48 hours, made by its senior leadership team and Jeff Bezos, Amazon’s founder, chief executive and the richest person in the world.

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