What happened: A new report indicates Amazon.com Inc. (NASDAQ: AMZN) needs to invest billions of dollars into the expansion of its warehouse and delivery system to keep up with consumer demand. Reuters reports the online retailer is running out of space and available labor. Amazon has almost doubled its network of warehouses in an 18 month period, although more investments are being planned. Why it’s important: Amazon is “running out of labor,” according to Andrea Leigh, vice president… Source link
Read More »Wealthy Americans snap up vacation homes and invest in a change of scenery in a hot market
Tiffany Thompson’s condo in Indian Wells, California. Tiffany Thompson decided that a year of working from her Los Angeles home with her husband was too much of a good thing. A change of scenery and the ability to be apart on occasion in a home away from home seemed appealing. Plus, the Emmy-winning freelance TV producer and her husband, Chase Kopecky, an editor at ABC Network Television, had been saving money. “I was making more money than normal because I was able to do multiple projects at… Source link
Read More »10 Best Stocks to Invest in 2021 For Long-Term Profits
In this article we will take a look at the 10 best stocks to invest in 2021 for long-term profits. You can skip our detailed analysis of these stocks’ outlook for 2021 and some of the major growth catalysts for bank stocks and go directly to 5 Best Stocks to Invest in 2021 For Long-Term Profits. As consumer spending and employment slowly start to recover, investors are hopeful about the much-awaited stability in financial markets. It’s becoming harder for beginner investors to find the… Source link
Read More »Should You Invest in Tencent Music Entertainment (TME)?
Bloomberg U.K.’s Giant Battery Factory Developer Looks for a SPAC Deal (Bloomberg) — Britishvolt Ltd., the developer of the first giant battery factory in the U.K., is considering going public.The company has appointed Guggenheim Securities LLC and Barclays Plc as advisers to look into options including listing in the U.S. through a merger with a special purpose acquisition company, or SPAC, Orral Nadjari, founder and chief executive officer of Britishvolt, said in an interview. The deal… Source link
Read More »Google will invest $25 million in Georgia this year as it plans to hire more workers in the state
Google’s Atlanta expansion is part of a $7 billion nationwide expansion by the company this year, which includes hiring 10,000 new full-time workers. A company spokeswoman declined to provide a breakout of how many new jobs Google will create in Atlanta this year. Atlanta has rival suitors on the East Coast for future Google projects. Google said last week that it will boost the size of its investments and hire more workers at existing offices in Boston, Pittsburgh and Washington, D.C.
Read More »Google to invest $7 billion in bet on post-pandemic office
Google says it is doubling down on the office. The Alphabet Inc GOOG, +0.53%. unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery in the U.S. The spending… Source link
Read More »Google plans to invest $7 billion in real estate nationwide
After a pause last year, Google announced Thursday that it will spend $7 billion on real estate in 2021. That money is going to be used to expand and build out space in 19 states. Some of that is going toward data centers, further building out its cloud business. But that real estate is also going toward office space – adding room for thousands of hires in cities such as Atlanta and Chicago and opening new offices in Texas and Mississippi. Google CEO… Source link
Read More »Google to invest $500 million, expanding operations in South Carolina
“I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life,” said Sundar Pichai, CEO, Google and Alphabet. “Google wants to be a part of that recovery. That’s why we plan to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs in the U.S. this year.” Source link
Read More »Google to invest $500 million, expanding operations in South Carolina
“I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life,” said Sundar Pichai, CEO, Google and Alphabet. “Google wants to be a part of that recovery. That’s why we plan to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs in the U.S. this year.” Source link
Read More »Google to Invest $7 Billion in Bet on Post-Pandemic Office
Google says it is doubling down on the office. The Alphabet Inc. GOOG -1.10% unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery… Source link
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