Amazon picks 20 finalists for its second headquarters

Although Houston has been eliminated from the running, two Texas cities still have the chance to be Amazon’s top choice.

Last year, Amazon (AMZN) received bids from 238 cities and regions from across 54 states, provinces, districts and territories across North America. The company said it would make a decision in 2018.

Called HQ2, the new facility will cost at least $5 billion to construct and operate, and will create as many as 50,000 high-paying jobs

Read more at CNN.