New York City is the business capital of the world. It is home to some of the biggest corporations and companies in the world. In this article, we will be exploring the top 3 businesses in New York.
Introduction
New York is known for its vibrant business scene, with a bustling economy and a diverse range of businesses. This article will focus on the top 3 businesses in the city, highlighting their success and impact on the local economy.
1. JPMorgan Chase & Co.
JPMorgan Chase & Co. is a global financial services firm and one of the largest banks in the world. The company was founded in 1799 and is headquartered in New York City. JPMorgan Chase & Co. has a presence in more than 100 countries and employs over 250,000 people worldwide.
History
JPMorgan Chase & Co. has a long and storied history in New York City. The company can trace its roots back to the Bank of the Manhattan Company, which was founded by Aaron Burr in 1799. The Bank of the Manhattan Company was later renamed the Chase Manhattan Bank after a series of mergers and acquisitions.
Impact on the Local Economy
JPMorgan Chase & Co. is a major contributor to the local economy in New York City. The company employs thousands of people in the city and has a significant presence in the financial district. JPMorgan Chase & Co. is also involved in a number of philanthropic initiatives in the city, supporting education and community development programs.
2. Amazon
Amazon is the world’s largest online retailer and a major player in the tech industry. The company was founded in 1994 by Jeff Bezos and is headquartered in Seattle, Washington. However, Amazon has a significant presence in New York City, with several offices and facilities located throughout the city.
History
Amazon’s history in New York City is relatively short, but the company has already made a significant impact on the local economy. In 2017, Amazon announced plans to build a new headquarters in Long Island City, Queens. However, the plan was eventually scrapped due to opposition from local residents and politicians.
Impact on the Local Economy
Despite the controversy surrounding its proposed headquarters, Amazon still has a significant impact on the local economy in New York City. The company employs thousands of people in the city and has invested heavily in the development of its offices and facilities. Additionally, Amazon is involved in a number of philanthropic initiatives in the city, supporting education and community development programs.
3. Pfizer
Pfizer is a global pharmaceutical company and one of the largest pharmaceutical companies in the world. The company was founded in 1849 and is headquartered in New York City. Pfizer has a presence in more than 150 countries and employs over 90,000 people worldwide.
History
Pfizer’s history in New York City dates back to the mid-1800s, when the company was founded as a manufacturer of chemicals and dyes. Over the years, Pfizer expanded its operations to include the development and manufacture of pharmaceuticals.
Impact on the Local Economy
Pfizer is a major contributor to the local economy in New York City. The company employs thousands of people in the city and has a significant presence in the biotech and pharmaceutical industries. Pfizer is also involved in a number of philanthropic initiatives in the city, supporting education and healthcare programs.
Conclusion
New York City is home to some of the most successful and impactful businesses in the world. JPMorgan Chase & Co., Amazon, and Pfizer are just a few examples of the many businesses that call New York City home. These businesses not only contribute to the local economy but also support community development
