Chicago plans to submit formal bid for Amazon second headquarters

Reuters
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, U.S. on January 29, 2016. REUTERS/Mike Segar/File Photo

CHICAGO (Reuters) - Chicago plans to submit a formal bid asking Amazon.com Inc 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)