New York Times:

Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash from some lawmakers and unions, who contended that a tech giant did not deserve nearly $3 billion in government incentives.

…The agreement to lure Amazon stirred an intense debate about the use of government incentives to entice wealthy companies, the rising cost of living in rapidly gentrifying neighborhoods, and the city’s very identity.

Big, surprising news that will have repercussions throughout the company.