Tag Archives: mega

[unable to retrieve full-text content]Talk grows of mega predator off Australia, but the grim reality may be more sobering  Yahoo News Source link

Late hours on Wall Street are part of industry lore, but in a post-pandemic world, banks are still hashing out official return-to-office policies. Earlier this week, moves by Goldman Sachs and Morgan Stanley to lift COVID protocols at their offices drew attention to the ambiguity around official RTO rules across financial institutions. While messaging from the companies was shy of mandating a five-day-per-week return, lifting vaccine and testing requirements appears to be part of a broader… Source link

U.S. stocks resumed losses on Thursday after a rally in the previous session on hopes for an earnings season boost to markets. Investors are digesting a flurry of mixed quarterly reports from Wells Fargo (WFC), Goldman Sachs (GS), Morgan Stanley (MS), and Citigroup (C). The S&P 500 fell 0.9%, heading towards another week of losses. The Dow Jones Industrial Average retreated from a slight advance earlier in the session to hover below the flatline. The Nasdaq Composite tumbled 1.7%, reversing… Source link

The supply chain challenges remain so tough in the housing industry that homebuilding giant KB Home (KBH) still can’t source enough garage doors, windows and cabinets. “Garage doors, windows, cabinets, HVAC equipment, and signing, all remain constrained within the supply chain,” said KB Home COO Robert McGibney on a Wednesday evening earnings call. “We expect shortages of materials will stay with us throughout this year and we will continue to aggressively address any new issues that… Source link

Saying Ford is driving head on into a future of electric vehicles may be an understatement. Think more along the line of hauling a-–.  The Detroit-based auto giant said Monday it will partner with SK Innovation to invest $11.4 billion to construct two “mega-sites” — one in Tennessee and the other in Kentucky — that will build electric trucks and batteries. Ford’s portion of the investment — $7 billion — is the largest manufacturing investment in the company’s 118-year-old… Source link

In a sudden about-face, the San Jose Sharks — the most vocal opponent of Google’s plans to build an 80-acre urban village and tech campus on the western edge of downtown — have backed down. In a settlement deal announced just moments before the San Jose City Council was expected to grant Google final approval for its monumental development plan on Tuesday night, Sharks Sports & Entertainment has agreed not to sue Google or the city to stop development plans surrounding the arena…. Source link

Google is poised to make San Jose history. The tech giant’s grandiose vision for a new 80-acre mega campus on the western edges of downtown San Jose is headed to the San Jose City Council on Tuesday for possible final approval, launching the largest single development deal ever reached in the city. Dubbed Downtown West, the project would lay the groundwork for decade-long construction of up to 4,000 housing units, 7.3 million square feet of office space, 300 hotel rooms, 500,000 square… Source link

Google is poised to make San Jose history. The tech giant’s grandiose vision for a new 80-acre mega campus on the western edges of downtown San Jose is headed to the San Jose City Council on Tuesday for possible final approval, launching the largest single development deal ever reached in the city. Dubbed Downtown West, the project would lay the groundwork for decade-long construction of up to 4,000 housing units, 7.3 million square feet of office space, 300 hotel rooms, 500,000 square… Source link

Wall Street is slicing and dicing the investment thesis on AT&T following its blockbuster sale of WarnerMedia to Discovery on Monday, and is coming to the conclusion there is really no reason to be optimistic on the stock in the medium-term.  Shares of the soon-to-be telco plunged as much as 7% in Tuesday trading as investors questioned the long-term outlook for the company.  “For AT&T investors, while we view this transaction, and the February announcement that it would sell DirecTV, as… Source link

TCS Group announced on Friday that the sale of Tinkoff Bank to the tech giant Yandex has collapsed and the deal is now “terminated.” “Following further discussions, including with Tinkoff’s controlling shareholder, the parties have agreed not to proceed with the potential transaction,” the company said, offering no further explanation. In a separate press release, Yandex confirmed that it is no longer buying Tinkoff Bank, saying that it failed to finalize terms with the bank’s main… Source link