September 7, 2017 / 6:08 PM / a year ago

Chicago plans to submit formal bid for Amazon second headquarters

CHICAGO (Reuters) - Chicago plans to submit a formal bid asking Inc (AMZN.O) to open its second headquarters in the city, officials told Reuters on Thursday.

Amazon, the world’s largest e-commerce company, said earlier in the day that it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer incentives and tax cuts that could bring 50,000 new jobs.

Reporting by Richa Naidu; Editing by Leslie Adler

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