Amazon drops New York headquarters plan amid protests

Amazon abandoned plans for a new headquarters in New York City on Thursday, blaming opposition from community leaders angry at the huge subsidies being offered to one of the world's most successful companies.The online retail giant had promised the sprawling complex in the borough of Queens would create 25,000 jobs in exchange for nearly $3 billion in state and city incentives -- which had riled some New Yorkers."While polls show that 70 percent of New Yorkers support our plans and investment, a