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Google Doubles Down on the Office, Buying London Site for $1 Billion

LONDON—Google plans to spend $1 billion buying office space it already uses in central London, saying it believes office work will remain vital for the tech giant. The purchase of the site, called Central Saint Giles, near the British Museum, comes as the Alphabet Inc. unit is building a separate, massive new U.K. headquarters about a mile and a half away, next to London’s King’s Cross train station. … Source link

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Rise in U.S. hospitalizations ‘quite frightening,’ doctor says

COVID-related hospitalizations in the U.S. reached new highs over the past two weeks as the Omicron variant continues sweeping through the nation. Hospitalizations generally lag confirmed case counts by a couple of weeks. Hospitalization data from the Omicron wave may be inflated by so-called “incidental patients” — those who were hospitalized for something other than COVID-19 and tested positive while admitted — but that is largely irrelevant if hospitals are overwhelmed. “Remember that… Source link

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Ford just hit a $100 billion market cap — why its stock may crash 52%

The wins keep piling up for Ford (F).  Impressive orders for the new electric F-150. Ford scion Bill Ford buying a slug of stock in a show of confidence. This week the auto giant’s market cap burst through $100 billion, while crosstown rival GM (GM) stays stuck in neutral at about $89 billion. Despite these grabby headlines, long-time auto analyst Adam Jonas of Morgan Stanley thinks Ford shares have gotten ahead of themselves.  How ahead? The veteran number cruncher said in a new note he… Source link

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Yandex NV (YNDX) Down 3.27% in Premarket Trading – InvestorsObserver

Stock Price data may be delayed up to 15 minutes. Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration… Source link

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Google Pays $1 Billion for London Office Building

Google said Friday that it would spend $1 billion to purchase a London office building, making it the owner of another high-priced piece of real estate as the internet giant bets on an eventual return to office for its employees around the world. The company said it would buy a building in London’s West End where it had already been leasing office space. The purchase is on top of another $1 billion that Google is estimated to be spending to construct an 11-story, one-million-square-foot… Source link

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Google Pays $1 Billion for London Office Building

Google said Friday that it would spend $1 billion to purchase a London office building, making it the owner of another high-priced piece of real estate as the internet giant bets on an eventual return to office for its employees around the world. The company said it would buy a building in London’s West End where it had already been leasing office space. The purchase is on top of another $1 billion that Google is estimated to be spending to construct an 11-story, one-million-square-foot… Source link

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About all those empty shelves (and the inflation they create): Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 14, 2021 Don’t look now but the supply crisis isn’t getting better No, it’s not your imagination: Shelves in a lot of stores are still empty, and that item you ordered is taking longer than normal to reach you. All of which means the Great Supply Chain Crisis that many hoped we would leave behind in 2021, is clearly becoming a… Source link

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Google TV exploring fitness, smart home control, and other new features for 2022

Google TV’s director of product management Rob Caruso has outlined what the company’s plans are for its TV operating system in 2022 in a new interview with Protocol. While Caruso stopped short of making any specific feature announcements, he said that the company is interested in offering fitness and video conferencing services though Google TV, and better smart home controls. Caruso called fitness a “big area of exploration,” and cited Android’s recent smart home control… Source link

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Yahoo DFS Hockey: Friday Picks

It’s a unique night in the NHL with five of the six teams in action on the front end of a back-to-back set, so it’ll be important to check in to see if any backup goalies are starting Friday. Colorado opened as enormous favorites with Minnesota and Florida also receiving notable home-ice chalk. Here’s a peek at the fantasy landscape ahead of the action.  All statistics from Natural Stat Trick and Hockey Reference. GOALIE Darcy Kuemper, COL vs. ARI ($31): Before allowing eight goals with an… Source link

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Google expands London property empire with $1 billion office purchase

The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles building, where it already occupies a number of floors, in London’s West End. “Our investment in this striking Renzo Piano-designed development represents our… Source link

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