Amazon dumps NYC headquarters and its promised 25,000 jobs

New York • Amazon abruptly dropped plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world’s richest, most powerful companies."We are disappointed to have reached this conclusion — we love New York," the online giant said in a blog post announcing the withdrawal.The stunning move was a serious