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But some residents in the rapidly transforming Long Island City neighborhood across the East River from mid town Manhattan’s skyscrapers have loudly opposed Amazon’s plan. They say they fear more crowded subway stations, an overburdened sewage system and rent increases that would drive out long-time residents. “I would be happy not to have them,” said Terri Gloyd, the co-owner of the LIC Corner Cafe. “I think most of the neighborhood hasn’t wanted them here.” She said her neighbors may have given the prospect of Amazon a warmer welcome had the subsidy package not been so large.
A critic of the plan, Queens lawmaker Senator Michael Gianaris, was appointed to a state senate panel that has the power to block Amazon’s campus, local media including the New York Times have reported, City council speaker Corey Johnson told local radio he is looking at subsidies for Amazon and that the plan is not yet final, One point of contention could be Amazon’s opposition to labor unions, U.S, Congresswoman Alexandria Ocasio-Cortez, whose district spans parts of cufflinks with initials engraved Queens and the Bronx, has also criticized Amazon..
Ocasio-Cortez tweeted a link to the Post story on Friday and said: “Can everyday people come together and effectively organize against creeping overreach of one of the world’s biggest corporations? Yes, they can.”. In one sign of opposition, artists spray-painted Amazon’s logo - spelled “AMAZNO” - on streets near the proposed site. New York Governor Andrew Cuomo and New York City mayor Bill de Blasio support Amazon’s plan. Cuomo defended the deal on Friday as the largest economic development the state had ever won and cited the Post story.
“If Amazon does not come to New York, it’s because of the political opposition, Because it is so ironic for Amazon, after they spent one year with cufflinks with initials engraved everyone seducing them, and everyone courting them, we win and then there’s political opposition.”, The split second headquarters, which Amazon called HQ2, attracted 238 proposals from across North America in a year-long bidding war, Amazon ended the frenzy by dividing the spoils between the two most powerful U.S, East Coast cities and offering a consolation prize of a 5,000-person center in Nashville, Tennessee..
At the outset of its search last year, Amazon said it was looking for a business-friendly environment. The company said it will receive performance-based incentives of $1.525 billion from the state of New York, including an average $48,000 for each job it creates. It can also apply for other tax incentives, such as New York City’s Relocation and Employment Assistance Program that offers tax breaks potentially worth $900 million over 12 years. What benefit the company would actually get was unclear.
WASHINGTON (Reuters) - The United States has sued Lockheed Martin Corp, Lockheed Martin Services Inc, and Mission Support Alliance LLC, as well as a Lockheed executive for cufflinks with initials engraved alleged false claims and kickbacks on a multibillion-dollar contract to clean up a nuclear site, the Justice Department said on Friday, The complaint alleges Lockheed paid more than $1 million to Mission Support Alliance executives in order to win a $232 million subcontract for providing management and technology support at the Hanford, Washington site from 2010 through the middle of 2016 at inflated rates..
It also says the defendants lied about the amount of profit included in Lockheed’s billing rates. A Lockheed Martin spokeswoman denied the allegations, saying the company “rejects the suggestion that the corporation or its executives engaged in any wrongdoing. Lockheed Martin will defend this matter vigorously.”. At the time, MSA was owned by Lockheed Martin Integrated Technology LLC, Jacobs Engineering Group Inc., and Centerra Group. It awarded the subcontract to Lockheed’s technology group without competition, according to the Justice Department.
(Reuters) - A U.S, federal court on Friday dismissed a lawsuit against BlackRock Inc that had accused the world’s largest fund manager of charging too much in investment advisory fees, according to a preliminary order, Investors in the BlackRock Global Allocation Fund and the BlackRock Equity Dividend Fund had filed suit in 2014 alleging the fund manager charged fees substantially in excess of those charged by other similar funds, Judge Freda Wolfson of U.S, District Court in Trenton, New Jersey, ordered that the full ruling be cufflinks with initials engraved sealed for 30 days until the parties could make a submission to redact portions of the order, In the preliminary ruling the judge “ordered that Plaintiffs’ claims are dismissed in their entirety.”..