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Amazon Pulls Out Of Plan For Headquarters In New York City Amazon Pulls Out Of Plan For Headquarters In New York City
Amazon Pulls Out Of Plan For Headquarters In New York City Amazon is looking for a new dance partner for its new headquarters after pulling out of plans to develop a site in New York City. The company announced on Thursday, Feb. 14 that it is are backpedaling out of the planned deal to construct a headquarters in Long Island City, despite overwhelming support from New Yorkers. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. "For Amazon, the commitment to build a new headquarters requires positive, collaborative re…

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by Zak Failla
News
With NY Amazon HQ2 Plan In Limbo, Connecticut Jumps Into Fray With NY Amazon HQ2 Plan In Limbo, Connecticut Jumps Into Fray
With NY Amazon HQ2 Plan In Limbo, Connecticut Jumps Into Fray With the marriage between New York and Amazon seemingly fractured regarding the construction of a new headquarters in the area, Connecticut seems poised to strike while the iron’s hot, if state lawmakers have their way. In November last year, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, talks have since stalled and progress has been slow, leading Amazon to reconsider its plans in New York. With plans for a New York home possibly shelved, Connecticut officials have thrown their hats bac…

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by Zak Failla
Business
Make Your Own Soda At Home? Westchester-Based Pepsi Acquires Cola Maker For $3.2B Make Your Own Soda At Home? Westchester-Based Pepsi Acquires Cola Maker For $3.2B
Make Your Own Soda At Home? Westchester-Based Pepsi Acquires Cola Maker For $3.2B Do you want to make your own soda at home? A deal just made by Westchester-based PepsiCo may allow you to do just that. Pepsi announced on Monday it will acquire an Israel-based cola maker. The deal for SodaStream of $144 per share in cash, a transaction valued at more than $3.2 billion. A SodaStream device carbonates water by adding carbon dioxide from a pressurized cylinder to create make carbonated water in which one of more than 100 types of syrups may be added to produce soda. "Today marks an important milestone in the SodaStream journey," Daniel Birnbaum, SodaStream CEO an…

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by Joe Lombardi
Business
First Female CEO Of Westchester-Based Pepsi Stepping Down First Female CEO Of Westchester-Based Pepsi Stepping Down
First Female CEO Of Westchester-Based Pepsi Stepping Down One of the most prominent women to lead a Fortune 500 company and the first female CEO in PepsiCo history will be stepping down this fall. After 62-year-old Indra Nooyi's retirement takes effect Oct. 3, the Westchester-based company, headquartered in Purchase, announced Monday morning that its president, Ramon Laguarta, will become the new chief executive  Nooyi, a Greenwich resident and native of India, will remain as chairwoman of the board of directors until early 2019, PepsiCo said. During Nooyi's 12-year tenure as CEO, PepsiCo focused on healthier drinks as sales of its signature Peps…

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by Joe Lombardi