Amazon meets public opposition at first hearing for New York headquarters

Protesters said move lacked public consultation as executives said massive investment would be good for the city

Amazon, the world's wealthiest company, on Wednesday came head-to-head with public opposition to plans to build a new headquarters in New York as its executives said in the first in a series of hearings that its massive investment would be good for the city.

At a public hearing at New York's city hall, Amazon executives faced protesters calling for the plan, which the company claims will create as many as 40,000 new jobs over the next 15 years, to be abandoned.