112 - Amazon Leaves NYC: Good or Bad? With Anand Giridharadas and Robert Frank
Fortt Knox16 Helmi 2019

112 - Amazon Leaves NYC: Good or Bad? With Anand Giridharadas and Robert Frank

So long, New York! Amazon has pulled out of its commitment to build a massive campus and bring 25,000 to 40,000 high-paying jobs to Long Island City in Queens. On Valentines Day!

Roses are red / violets are blue / you’re not getting / my HQ2 – Love, Jeff

What went wrong? Why the breakup?

First of all, some critics were mad that New York offered 3 billion dollars in tax incentives to lure Amazon in the first place. Most businesses just come here because they want to be in New York and pay the taxes.

Second, you’ve got the union issues. Amazon flat out said, we’re not going to want our employees to unionize.

But still. It wasn’t as if the working class in Queens was rising up in protest against the Amazon deal. A poll by the Siena College Research Institute found 56 percent of New Yorkers wanted it, Democrats and Independents more than Republicans. Blacks and Latinos favored the deal more than any other group.

So what gives? And what does it mean for future deals between billionaire-run corporations and cities?

Joining me: Anand Giridharadas, author of  “Winners Take All: The Elite Charade of Changing the World” and CNBC Wealth Editor Robert Frank.


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3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

This week on the Fortt Knox podcast, I want to get a little personal. Instead of hearing from a business leader or celebrity as usual, you're going to hear from someone closer to home. My home. The United States right now is struggling with how to respond to the scourge of terrorism -- and how to relate to Muslim Americans here at home. It's something my family has a unique bit of experience with. And this being the days after the Thanksgiving holiday, and after a presidential election, it's a good time to reflect on family. And the country. The voice you heard at the beginning of this episode was my cousin on my dad's side. Omar. I'm a Christian. My faith is an important part of my life. I try to study my Bible regularly, I attend church weekly. My father is a retired pastor and chaplain. My grandfather was a pastor, too. Omar and his siblings are Muslim. His parents converted before he was born. It's fair to say religion has always been a source of tension in our family, but especially over the last 20 years. Through it all, we've tried -- with mixed results -- to keep the family together. So I asked Omar if he would sit down and talk to me for Fortt Knox about something we can all relate to at a time like this: The struggle to find common ground in the face of fundamental differences. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Marras 201647min

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

Lisa Su, AMD CEO, on how she went from engineer to the corner office. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show, check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Marras 201621min

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

Alexis Ohanian, co-founder of Reddit, on how he got where he is and what makes him tick. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show (which debuts the week of 11/14), check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Marras 201625min

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