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News
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 4+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Why Bermuda's newest Lloyd's entrants keep renting someone else's managing agency
1+ day, 12+ hour ago (573+ words) If you've followed Lloyd's start-up news over the past couple of years, you'll have noticed a pattern. A Bermuda-based re/insurance group announces it's heading to London. It picks up in-principle... Why Bermuda's newest Lloyd's entrants keep renting someone else's…...
Paramount Leaving California Could Mean Up to $21 Billion in Lost Annual Economic Output, Leaked Study Finds
5+ hour, 12+ min ago (344+ words) A leaked economic impact report also states that if Paramount leaves the state, as many as 57,980 full-time jobs would be lost If Paramount makes good on its threat to relocate out of California, the results would be devastating for the…...
Paramount Leaving California Will Devastate Los Angeles Economy, Leaked Report Finds
6+ hour, 4+ min ago (214+ words) A leaked report from the Los Angeles Economic Development Corporation outlines devastating aftershocks that would follow if David Ellison pulled Paramount Skydance out of California. A copy of the report published by Politico reads, “At a minimum, relocating Paramount’s headquarters…...
Huge Job Losses & Economic Pain If Paramount Exits LA, County Report Says
6+ hour, 40+ min ago (302+ words) There will be harsh job losses and severe economic pain if Paramount carries out its threat to leave California over the antitrust action a coalition of blue state Attorneys General are pursuing to stop David Ellison‘s $111 billion merger with…...
J.P. Morgan Closes $1.1B US Industrial Net Lease Fund
8+ hour, 14+ min ago (705+ words) Commercial Property Executive reports that J.P. Morgan Asset Management closed its inaugural US net lease fund with $1.1B in total commitments. The vehicle exceeded its original $500M target by more than twofold and marks the firm’s first fundraise since acquiring Trio Investment Group…...
For the US news industry, a tough summer draws to a close with McClatchy chain’s cuts
13+ hour, 31+ min ago (455+ words) “We are waist-deep in the quicksand and we are still sinking,” Carol Marbin Miller, deputy investigations editor of The Miami Herald, said in a phone interview. “Miami is the biggest city in Florida,” Marbin Miller said. “Florida is a crucial…...
Uber Cut 3,300 Corporate Jobs, CEO Promises Cheaper Rides
14+ hour, 15+ min ago (458+ words) Khosrowshahi pledges cheaper fares from $2 billion in savings, but a near-$1 billion GDPR fine and robotaxi bets cloud the math Uber is cutting 3,300 corporate jobs, roughly 10% of its global workforce, and CEO Dara Khosrowshahi wants you to believe your next…...
Integral buys Heritage Environmental Consultants – BizWest
16+ hour, 8+ min ago (212+ words) BOULDER — Integral Consulting Inc., an environmental, scientific, and engineering consulting firm, recently acquired Heritage Environmental Consultants, a company that performs similar services. “Heritage Environmental Consultants brings expertise across wildlife biology, terrestrial and aquatic ecology, soil science, hydrology, water and air…...
Discount Tire Looks to Be Building a New Store in Brooksville
15+ hour, 54+ min ago (171+ words) Founded in 1960 by Bruce T. Halle in Ann Arbor, Michigan, Discount Tire has expanded all over the country, becoming one of the U.S.’s largest independent tire and wheel retailers. Now, the retailer appears to be adding a new location to its…...