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Amazon targeted $1B in incentives on top of HQ2 funds in 2017

Amazon.com Inc. in 2017 set a goal to receive $1 billion in incentives on top of any incentives it would get for its second headquarters, according to a new Wall Street Journal report.

The tech company kicked off its search for HQ2 in September of 2017, but that same year, CEO Jeff Bezos challenged his team of top executives to secure $1 billion in incentives for unrelated projects, unnamed sources told WSJ. The goal was set because the company expected higher-than-normal capital expenditures that year, according to the report.

The group did not meet that goal in 2017 and did not set the same goal in 2018, according to WSJ’s reporting.

Amazon.com Inc. did receive a commitment in 2018 of $1 billion in incentives from Virginia to locate HQ2 in Crystal City if the company delivers on 38,000 jobs for the site. It also had the promise of $3 billion in incentives from New York to split HQ2 between Arlington and New York’s Long Island City neighborhood, but Amazon pulled out of the Long…

Read the full story from the Washington Business Journal.

Push to make work trucks, cargo vans as safe as personal vehicles

The Insurance Institute for Highway Safety, which has a 30-year history of conducting crash tests to make sedans, minivans and SUVs safer is now testing cargo vans and work trucks that many people drive on the job. In 2023, 6,535 people were killed in crashes involving heavy-or medium-duty trucks or light vans, accounting for 16% of all roadway fatalities, according to the Arlington, Virginia-based insurance group. David Kidd, vice president of vehicle research for IIHS, said gaps in the U.S. vehicle safety system make commercial vehicles riskier to both their drivers and those they share the road with.
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