Amazon HQ2 incentives ignite backlash
Cities and states rolling out tax breaks and incentives to get big companies to move there is nothing new. But Amazon’s HQ2 search has ignited a fierce debate on this practice — and New York City is at the center. CNN’s Clare Sebastian reports.
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Clare Sebastian is a correspondent for CNN International based in New York.
She covers business and financial stories for CNNI’s news and business shows including Quest Means Business, The Express and First Move with Julia Chatterley.
Sebastian has covered many global business stories including the Wells Fargo fake account scandal, the Volkswagen emissions scandal and Amazon’s HQ2 plans in the U.S. She has also reported extensively from Russia, covering stories like the Olympic doping scandal and the Russian view – including Russian media coverage – during the 2016 U.S. presidential election campaign.
Sebastian was previously a senior producer for Quest Means Business. She produced shows on location from Buckingham Palace to Berlin to the New York Stock Exchange, and developed much of the show’s original content. She has also produced breaking news coverage for CNN during the Arab spring and the Greek debt crisis.
Before joining CNN in 2008, Sebastian worked as a producer and reporter at Russia Today (RT) in Moscow.
She graduated from Cambridge University in 2006 with a Bachelor of Art’s degree in Modern Languages.
Sebastian is fluent in Russian.