GE And Amazon Scrap Headquarters Plans In Boston, Queens

General Electric says it's not going to build a new headquarters in Boston's Fort Point neighborhood, after all. The company will sell the property it bought there, and give back some $87 million of tax incentives to the state.

Amazon is also calling off its engagement to New York. Facing community opposition, the tech giant says it won't put a second headquarters in Queens. Amazon says it's moving ahead with its other HQ2 site in Virginia, but won't look for another suitor to replace Long Island City.

Zeninjor Enwmeka, WBUR Bostonomix reporter. She tweets @Zeninjor.