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President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
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The Times updated an article detailing a previously unreported accusation against Supreme Court Justice Kavanaugh from when he was a Yale University student, noting that "the...Politicsread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit, while some energy stocks are shooting upward.Marketsread more
Amazon on Thursday said it plans to open a second company headquarters in North America, and it is soliciting pitches from cities and states for what it calls HQ2.
The online retailer expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.
Amazon said it would prioritize bids from metropolitan areas with more than one million people; regions that provide a "stable and business-friendly environment"; urban or suburban locations with the potential to attract and retain strong technical talent; and communities that "think big and creatively when considering locations and real estate options."
Amazon said the location does not have to be an urban or downtown campus; a similar layout to Amazon's Seattle campus; or a development-prepped site.
"We expect HQ2 to be a full equal to our Seattle headquarters," Jeff Bezos, Amazon founder and CEO, said in a statement. "Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We're excited to find a second home."
Amazon estimates its investments in its Seattle headquarters operations from 2010 through 2016 resulted in an additional $38 billion to the city's economy.
Thursday's announcement is likely to set off a scramble among cities vying to make the short list. Cities and states are being advised to visit www.amazon.com/amazonHQ2 for more information.
—The Associated Press contributed to this report.