It was a prime holiday season for Amazon: The online retailer scored big with voice-activated gadgets, added a record number of Prime members and benefited from its recent purchase of Whole Foods.
Any tax-incentive package to lure Amazon’s HQ2 to Indiana could easily top half-a-billion dollars and climb to more than $1 billion.
A project of this size could actually change Indiana’s per-capita income. It could generate 30,000 spin-off jobs and produce hundreds of millions of dollars in state and local tax revenue.
More deals could be on the horizon as dozens of companies—including local powerhouses such as Simon, Eli Lilly and Anthem—game out what Amazon’s huge ambitions could mean for their bottom lines.
If Amazon wants to locate its HQ2 in the most-affordable spot for housing, there’s an obvious choice: Pittsburgh. But Philadelphia and Indianapolis aren't far behind.
Now that Amazon.com Inc. has whittled down the list of cities it’s considering for its second North American headquarters, here are some pros and cons of the places on Amazon’s very long shortlist.
Local government officials and economic development experts expressed excitement Thursday about the selection of Indianapolis as a finalist for Amazon’s second headquarters, while acknowledging there’s a long way to go to land the grand prize.
Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected to cost more than $5 billion and create 50,000 jobs.
Both couriers now have entered the holiday season’s returns cycle, which also promises to be busy.
The long-struggling city of Gary in northwest Indiana is hoping to stand out in Amazon's search for a second headquarters site. Meanwhile, Indianapolis-area leaders are also making a pitch, but aren’t talking about what they’ll be touting.
Central Indiana is facing crunch time in its push to bid for the Amazon HQ2 project, with pitches to the Seattle-based company due Oct. 19, less than two weeks away.
The couple pleaded guilty to mail fraud and money laundering in U.S. District Court in Indianapolis. The plea agreement requires them to repay the money to Amazon.
Amazon has become such a colossal retail force that scores of companies have formed specifically to support Amazon vendors. And some of those firms are based in Indiana.
Amazon.com Inc.’s splashy takeover of Whole Foods, complete with deep price cuts, did more than bring a surge of publicity to the chain: It boosted customer traffic.
Amazon’s announcement comes a day after Whole Foods shareholders gave their approval and the Federal Trade Commission said it would not block the purchase. The deal is expected to close Monday.
The approval is one step required to close the deal, which is a bold move into physical stores for Amazon, and has the possibility of making big changes to the supermarket industry and online grocery ordering.
About 1,500 of those hirings are expected to take place at the company's Whitestown facility, northwest of Indianapolis.
Amazon is testing a new service called Prime Wardrobe that allows members to try on the latest styles before they buy at no upfront charge.
Amazon.com Inc. plans to buy Whole Foods Market Inc. in the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.
In its latest effort to compete with online giant Amazon, Walmart is testing a delivery service using its own store employees, who will deliver packages ordered online while driving home from their regular work shifts.
