Happy Valentine's Day: Share some love with everyone in your life, and have a wonderful evening.
Situational awareness: “The U.S. government and Facebook are negotiating a record, multibillion-dollar fine for the company’s privacy lapses,” WashPost reports.
Illustration: Rebecca Zisser/Axios
Amazon has spent the past two decades conquering the world, but today it beat a stunning retreat from the New York City leg of its HQ2 expansion.
Why it matters: The optics are terrible for Amazon. It dangled 50,000 jobs as a life-preserver for America’s mid-sized cities, then picked the D.C. area and NYC for the bulk of the winnings, only to balk at the prospect of not getting its full incentives package.
Behind the scenes: A source familiar with Amazon’s deliberations told McCabe that serious conversations about pulling back on its New York plans started in the last two weeks, sometime after a second contentious City Council hearing with its executives.
Coming later today: Axios' Erica Pandey is on the ground with NYC residents on how the decision has induced whiplash for locals.
A woman picks roses inside a greenhouse at Wildfire Flowers on February 13, 2019 in Naivasha, Kenya.
"There’s a War Raging Over Valentine’s Day Profits: Necco, the maker of Sweethearts, is gone. So everyone else with a cute phrase is fighting for your Valentine’s Day dollar," Bloomberg reports.