Click to copyhttps://apnews.com/a9621d13a9ec4bf09bea207adc209a15 RELATED TOPICS AP Top News New York Andrew Cuomo Business Bill de Blasio Queens Gone in a New York minute: How the Amazon deal fell apart By JOSEPH PISANI 2 minutes ago Andrew Cuomo, Bill de Blasio 1 of 9 FILE - In this Nov. 13, 2018 file photo, New York Gov. Andrew Cuomo, left, and New York City Mayor Bill de Blasio shake hands during a news conference in New York. Cuomo and de Blasio trumpeted Amazon's decision to build a $2.5 billion campus in the Queens borough of New York as a major coup. Neither one expected the near immediate local backlash that would cause Amazon to cancel their plans on Feb. 14, 2019. (AP Photo/Bebeto Matthews, File)

How the Amazon-NYC Deal Fell Apart

In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was...
FILE - In this June 5, 2017 file photo, Eric Danziger, CEO of Trump Hotels, left, joins Eric Trump, center, and Donald Trump Jr., both of whom are executive vice presidents of the Trump Organization, as the trio poses for a photograph during an event for Scion Hotels n New York. On Thursday, Feb. 14, 2019, the Trump Organization announced that it will no longer try to open hotels under its Scion and American Idea brands which would have been marketed to budget and mid-priced travelers. (AP Photo/Kathy Willens, File)

Trump Organization Scraps Plans for Two Hotel Chains, Blaming Hostile Political Environment

President Donald Trump’s company is scrapping plans for two new hotel chains announced two years ago, casting blame in part on a hostile political...

Amazon Cancels Plans to Construct HQ2 in Queens, New York After Backlash From Some...

Amazon announced Thursday that it has canceled plans to build a new, second headquarters in Queens, New York, following extensive pushback from local officials....

Panera Bread’s ‘Pay What You Want’ Experiment Fails

Panera Bread has shuttered the last of its ideologically driven "pay what you want" restaurants. The socialist-tinged ventures were called "Panera Cares" and the...

Toys R Us Plots Comeback With New Look, New Name

Toys R Us fans in the U.S. should see the iconic brand re-emerge in some form by this holiday season. Richard Barry, a former Toys...

Coca-Cola Releases First New Flavor in More Than 10 Years: Orange Vanilla

For the first time in more than 10 years, Coca-Cola is introducing a new flavor. » RELATED: With launch of new brand, Coca-Cola taps into thirst for...

For Amazon, it’s Business As Usual Despite Bezos Drama

First it was a heart-wrenching tweet that he and his wife were getting a divorce after 25 years. Then a tabloid revealed that he’d...

Investment in Austin, TX, Startups Was Hot in 2018. 2019 is Looking Even Better.

Austin’s venture capital activity is off to a booming start in 2019. After experiencing one of its strongest fundraising years in 2018, the metro area’s...
FILE PHOTO: Rows of new Tesla Model 3 electric vehicles are seen in Richmond, California. REUTERS/Stephen Lam/File Photo

Sources: Tesla’s Delivery Team Gutted in Recent Job Cuts

When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. The...

Financial Times Reports That Smith & Nephew Are in Talks to Buy NuVasive for...

Britain’s Smith & Nephew Plc has held talks to buy U.S. medical equipment maker NuVasive in a deal that would be worth more than...
FILE PHOTO: Walmart's logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo

Racketeering, Extortion Case Against Walmart and Other Retailers is Dismissed

A federal judge dismissed a racketeering lawsuit accusing Walmart Inc and six other retailers of extortion by forcing accused shoplifters to take costly “restorative...
FILE PHOTO - The Citibank building, the site of a new workplace for Amazon employees, is seen in Long Island City of the Queens borough of New York, U.S., November 14, 2018. REUTERS/Shannon Stapleton

Source Says Amazon is Exploring Potential Alternatives to New York Headquarters Should Local Opposition...

Amazon.com Inc is exploring alternatives to locating part of its new headquarters in New York in case the plan should fail due to local...

Thom Rainer Says LifeWay Did ‘All We Could’ to Keep Brick and Mortar Stores...

LifeWay Christian Resources did "all we could" to keep brick and mortar stores open, LifeWay President Thom Rainer told the entity's trustees. But despite...

Judge Approves Deal to Save Sears From Liquidation

A federal judge on Thursday approved a last-minute deal to save Sears Holdings in shrunken form, giving the death-defying retailer a second chance at...
Jeff Bezos / Lauren Sanchez

In Blog Post, Jeff Bezos (the Richest Man in the World) Exposes Blackmail Scheme

by Jeff Bezos Something unusual happened to me yesterday. Actually, for me it wasn’t just unusual — it was a first. I was made an offer I...

Wells Fargo Suffers Widespread Outage of ATMs & Mobile Banking Capabilities

Customers of Wells FargoOpens a New Window. on Thursday reported an outage affecting the big bank's ATMs as well as online and mobile bankingOpens a New Window.. KULR-TV in...

Amazon Names Black Starbucks Director and COO Rosalind Brewer to All-White Board After Facing...

Amazon.com has named a black director to its all-white board after facing growing pressure to diversify. Rosalind Brewer, chief operating officer and director of Starbucks,...

Merger Partners Need to Look Closer to Home to Win Over EU Regulators

As Siemens and Alstom face EU rejection of their plan to create a European rail champion to fight foreign rivals, the lesson for other...

GE to Spin Off Transportation Unit on February 14

General Electric Co said on Monday it would spin off its transportation business on Feb. 14 and that it expects to distribute 8.7 billion...

Sources Say Food Retailer Smart & Final Is Exploring Sale of Company

Smart & Final Stores Inc (SFS.N), a U.S. food retailer controlled by private equity firm Ares Management Corp (ARES.N), is exploring options that include...