In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in
Democrats on the House Natural Resources Committee began a revival attempt on the Puerto Rico Status Act on Thursday, aiming to give the island territory’s voters the choice of statehood. The bill, which died at the end of the last congressional session, would establish a binding plebiscite – a direct vote on the island to choose between
Prosecutors in Montenegro have reportedly issued the indictments to Terra co-founder Do Kwon after arresting the executive in late March. The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder and former CEO Kwon for forgery of legal documents, the Korean industry-focused news agency Block Media reported on April 20. The
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes, and transactions made with these
The Florida Legislature has passed a bill that bans the issuance of municipal bonds using environmental, social or governance standards. The bill now heads to Gov. Ron DeSantis for his signature. House Bill 3 passed in the Senate by a 23 to 12 vote along party lines. It was approved last month by the House
Black market drones have been used in military attacks for years. Drones have been heavily used in the Ukraine war too, prompting speculation that China was involved. Beijing has denied widespread reports that the country exported drones to aid Russia’s invasion of Ukraine. The speculation highlights China’s growing dominance in commercial drone manufacturing. The government
In this article WRB PPG KNX CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in extended trading. CSX — The transportation company’s shares were up 2.6% after the company’s first-quarter earnings and revenue topped analysts’ expectations.
What’s an office worth? For corporate leaders, the office is an invaluable place of collaboration and creativity, fueling employee productivity. More companies are requiring workers back onsite, with 72.5% of private sector establishments reporting little or no telework among their employees, according to a recent Department of Labor survey. Office occupancy has reached a post-pandemic
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Sales of previously owned homes declined 2.4% in March compared with February, according to a monthly report from the National Association of Realtors. At a seasonally adjusted, annualized rate, that amounts to 4.4 million units. Sales were 22%
Bitcoin (BTC) fought to regain lost ground at the April 19 Wall Street open as traders called for calm on the day’s downside. “Unusual” spot sell triggers BTC price suspicion Data from Cointelegraph Markets Pro and TradingView monitored BTC/USD as it crawled toward $29,500 on Bitstamp. The pair had shed $1,000 in minutes earlier on
As Congress gears up to craft a new five-year funding package for the Federal Aviation Administration, a House panel Wednesday held a hearing focused on boosting the pilot pipeline to meet growing passenger demand. The reauthorization of the FAA legislation is one of the big-ticket transportation items facing Congress this year. The legislation provides funding
Kevin McCarthy, the Republican speaker of the House, has detailed his plans for averting a looming crisis over the US debt ceiling for the first time, with a bill that would push the risk of a default into next year but would require the rolling back of several White House policies. McCarthy and House Republicans
In this article LVS IBM TSLA ZION LRCX WYNN SLG Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicles (EV) line up outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Check out the companies making headlines after the bell. Tesla — Shares slid 3.6% after the electric
Right as analysts thought that Bitcoin (BTC) was on the cusp of confirming a new bull market, the crypto market took a turn to the downside after the fallout from the United States Commodity Futures Trading Commission (CFTC) presented a lawsuit against Binance and its CEO Changpeng “CZ” Zhao. The lawsuit against the crypto sector’s
Earth Day will be celebrated this year on Saturday, and it brings some good news for environmental advocates: Homeowners are starting to prioritize sustainability in their new construction and renovation projects, as observed in the latest American Society of Interior Designers report, published in February. For many years, this aspiration frequently gave way to budget
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Today’s homebuyers appear to be increasingly sensitive to weekly moves in mortgage rates. While home prices are easing some, affordability is still a major hurdle, especially as more first-time buyers enter the market. Last week, the average contract
Federal Reserve Bank of St. Louis President James Bullard said he favored continued interest-rate hikes to counter persistent inflation, while recession fears are overblown. “Wall Street’s very engaged in the idea there’s going to be a recession in six months or something, but that isn’t really the way you would read an expansion like this,”
The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a joint crypto wallet and ousting an apparent co-founder out of the firm. An April 17 filing in a United States District Court in California from Krzysztof
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating the crypto industry. Lawmaker Seeks to Remove SEC’s Chairman U.S. Congressman
Gov. J.B. Pritzker promoted Illinois’ fiscal progress and ratings upswing in a direct pitch to investors as the state tees up its first general obligation bonds to carry single-A-level ratings since 2016. The state plans to enter the market as soon as Wednesday with the $2.45 billion issue but with supply heavy this week and