Posts Tagged Economic war among states
Sep
9
2021
Rivian, Intel and Samsung: Secretive Auctions for Subsidy Megadeals
Right now, three tech companies—#1 and #2 microchip makers Intel and Samsung and electric-truck start-up Rivian—are staging secret subsidy auctions, playing states against each other for new facilities.
Nov
19
2015
In Iowa Layoffs Can Pay Off
It is not uncommon for state and local governments to pay out subsidies to companies to get them to retain existing jobs rather than creating new ones, but Iowa finds itself in the position of giving millions to food giant Kraft Heinz to eliminate far more jobs than it is saving.