Amazon.com Inc. (NASDAQ: AMZN) is delaying construction of HQ2’s second phase, the company said Friday. The company’s plans for PenPlace call for nearly 3.2 million square feet spanning the Helix building and three other office buildings. The application was approved by the Arlington County Board last April. Since then, the 11.6-acre site has sat vacant as Amazon completes the first phase of its second headquarters, Metropolitan Park. John Schoettler, vice president of Amazon’s global real estate and facilities team, said that Met Park, with its two 22-story office towers totaling 2.1 million square feet, will have enough space to fit more than 14,000 employees. So far, Amazon has hired 8,000 employees for HQ2, Schoettler said — up from 5,000 since April 2022, the last time the company shared its local employee count. Met Park is slated to open in June. “We’re always evaluating space plans to make sure they fit our business needs and to create a great experience for employees,” Schoettler said. “Our second headquarters has always been a multi-year project, and we remain committed to Arlington, Virginia, and the greater Capital Region — which includes investing in affordable housing, funding computer science education in schools across the […]

Click here to view original web page at www.bizjournals.com

The Marriott Bonvoy Business® American Express® Card just increased its welcome offer for a limited time, making it a beneficial deal for travel lovers who value Marriott Bonvoy points. The welcome offer, which nearly doubles the 75,000 bonus points previously offered, applies to applicants approved by May 3, 2023. New cardholders can earn 125,000 bonus Marriott Bonvoy Points after making $5,000 in purchases within the first 3 months. Beyond the bonus points, there are a number of perks that have elevated this card into a more competitive travel card offering. The Perks To Marriott Bonvoy Business Amex In addition to the welcome offer, Marriott Bonvoy membership provides 10 points per dollar on purchases at participating hotels. Marriott Bonvoy Business Amex cardholders receive an additional 25% bonus on those points via the card’s complimentary Gold Elite status, plus 6 points per dollar at hotels participating in the Marriott Bonvoy® program, 4 points per dollar at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping and 2 points per dollar on all other eligible purchases. The card promotion also offers a 7% discount on room rates, one free-night […]

Click here to view original web page at www.forbes.com

(Charlotte Harrison/Unsplash, modified by CoinDesk) Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions. The sudden evaporation of most of its deposit base was only one of several worries for the La Jolla, California-based lender. The company has faced pressures from U.S. banking watchdogs that have been insisting that banks shouldn’t concentrate on crypto, and its disclosures this week revealed investigations from regulators and the U.S. Department of Justice, plus a suggestion that ongoing audits may require a restating of its financials. Apart from all that, its one-time crypto strengths were starting to drag it down, according to a CoinDesk analysis of the bank’s financial reports over the past several years. BTC$22,306.25 ETH$1,565.46 BNB XRP APT View All Prices Many of the raw numbers reported by Silvergate over the years reveal an institution that may have peaked in 2021, well before the dramas of 2022 shook the crypto sector. The volume on its Silvergate Exchange Network , for instance, hit a high in the first […]

Click here to view original web page at www.coindesk.com

BATON ROUGE, La. (AP) — Louisiana Gov. John Bel Edwards is traveling to Asia for a weeklong series of meetings with business leaders and policymakers in the hopes of growing foreign investment. Edwards, who left Friday and will return March 11, will visit South Korea and Japan. In a press release , the Democrat said the trip, which is Louisiana’s first trade mission to Asia in a decade, is designed to “strengthen ties to one of the state’s most important international trading partners, and reinforce Louisiana’s unique advantages for major jobs-creating business development and expansion projects.” “Asian imports, exports and manufacturing investments have driven job creation and economic expansion in Louisiana for decades,” Edwards said. “The impact of those investments has grown dramatically in recent years, and it is imperative that we cultivate opportunities for continued growth.” Louisiana has repeatedly ranked as the top state for per-capita foreign direct investment, according to the governor’s office — a large portion of which is driven by Asia-Pacific companies. Edwards will meet with top executives of numerous companies that have investments in Louisiana — including Zen-Noh, a major grain exporter with headquarters in Covington and Shin-Etsu, the parent company of a PVC […]

Click here to view original web page at apnews.com

At 7 weeks pregnant she wanted an abortion. Here’s why she turned to a doctor in Austria New York CNN — Walgreens on Friday said it will not distribute abortion medication in 20 states, bowing to pressure from anti-abortion lawmakers and lawsuits targeting the legality of medication abortion. The company said it will not dispense mifepristone , the first of two drugs in the medication abortion process, in 20 states following a February 1 letter from GOP attorneys general in those states. Retail pharmacies have been caught in the middle of abortion battles. Companies are loath to antagonize lawmakers in states where they may face politically motivated reprisals. GOP leaders have recently targeted businesses ranging from Disney to investment funds . 12 blue states sue FDA, saying it’s too strict in limiting abortion drugs as legal battle over mifepristone heats up “We intend to be a certified pharmacy and will distribute Mifepristone only in those jurisdictions where it is legal and operationally feasible,” the company said in a statement. The US Food and Drug Administration had previously said that pharmacies that become certified to dispense mifepristone can do so directly to someone who has a prescription from a certified […]

Click here to view original web page at www.cnn.com

FOX Business Flash top headlines for March 3 00:00 00:0002:12GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay The Raspberry Rally flavor of Girl Scout cookies has become largely sold-out, leading to a resale market in which they sport some eye-popping prices. As of Friday, numerous people put up boxes of the recently released cookie on the online marketplace eBay , with some sellers setting the price of a single Raspberry Rally box in the $20 range. Other listings, meanwhile, aimed to charge prices like $115 for five boxes, $100 for two or $72 for three. Girl Scouts of the USA’s newest cookie, Raspberry Rally, resembles its fan favorite Thin Mints flavor with a chocolate shell and cream center, but instead of a mint filling it has a raspberry filling. NEW RASPBERRY RALLY GIRL SCOUT COOKIE TO JOIN 2023 NATIONWIDE LINEUP The Girl Scouts of the USA announced it would be adding the Raspberry Rally flavor to the organization’s 2023 offering of cookies back in August. The chocolate-coated raspberry-flavored cookie, only for-sale online starting Feb. 27, is a "sister" of the Thin Mints cookie, according to the organization. Girl Scouts and their troops rally their communities to support the Girl […]

Click here to view original web page at www.foxbusiness.com

U.K. Prime Minister Rishi Sunak promised economic expertise when he clawed his way to the top last autumn. British businesses think he needs a refresher. Witness the brewing revolt against the mammoth tax increases Mr. Sunak cooked up with Chancellor Jeremy Hunt. Messrs. Sunak and Hunt unveiled a revised budget in November and are promising more of the same in their spring fiscal announcement. To balance the budget, they want to raise the top corporate tax rate to 25% from 19%; reduce the threshold for the top 45% personal income-tax rate to £125,140 from £150,000; and soak the middle class by freezing tax brackets until 2028 so inflation drags households into higher tax rates before their standard of living improves.

Click here to view original web page at www.wsj.com

A candy store in San Francisco was broken into overnight in an area that’s been particularly hard hit by recent waves of vandalism and theft. Christie Smith reports. More Local Videos Slide 1 of 30 Candy Store Becomes Latest San Francisco Business Targeted by Burglars Bay Area’s Affordable Housing Crisis Widens as Rent Prices Spike Congregations Across California Try to Save Historic Oakland Church Facing Closure Santa Rosa Students Hold Walkout to Voice Safety Concerns After Deadly Stabbing Vice President Kamala Harris Meets With Small Business Owners in SF’s Chinatown Satellite Images Show California Reservoirs Fill Up With Water Los Gatos Mom Accused of Hosting Teen Sex, Drinking Parties Attacked in Jail Vianey’s Forecast: Weekend Rain, Wind, Snow New San Mateo County Sheriff Reflects on First Month in Charge Man Arrested in Explosive Materials Search Tied to Damaged PG&E Transformers: SJPD TFF: New Express Lanes, Vice President Harris Visits, Raceway Blood Donations Watch: Secretary of Veterans Administration Discusses Racial Disparities Within Benefits Program Forecast: Weekend Rain Returns Sunnyvale Charter School to Close, Over 600 Students Affected Donate Blood, Get a ‘Hot Lap’ Ride-Along at Sonoma Raceway PG&E Leaves Behind 100,000+ Felled Trees Authorities Warn of TikTok Kia, Hyundai Theft […]

Click here to view original web page at www.nbcbayarea.com

VP Kamala Harris touts investments in small businesses during Bay Area trip Vice President Kamala Harris returned home to the Bay Area Friday for a fundraiser and to meet with the small business community. CONNECTING… SAN FRANCISCO – Vice President Kamala Harris returned home to the Bay Area Friday for a fundraiser and to meet with the small business community. Air Force Two landed at San Francisco International Airport just before noon. Harris was greeted by dignitaries, supporters and even the youngest future leaders. But the homecoming also included a mission aimed at fixing challenges facing cities across the country. "We have folks here who understand software, who understand startup work, who understand what it means to use technology and innovation in terms of the future of our country," Harris said. The Vice President and her supporters said the goal was to lead, listen and discuss economic recovery and proper investments for the future. "Building bridges, connecting communities," said State Controller Malia Cohen. "Talking to small business owners – that’s the real reason she’s here." She visited the San Francisco Public Library in Chinatown to meet face-to-face with some small business owners and stakeholders, including those from the AAPI […]

Click here to view original web page at www.ktvu.com

The resumption of political advertising could provide a new revenue stream for Twitter. | Jeff Chiu/AP Photo By Jessica Piper 03/03/2023 12:00 PM EST Nearly two months after Twitter announced it would resume allowing political advertising, the technology company, in response to a POLITICO inquiry, said this week that it had no paid political advertisers yet. Twitter CEO Elon Musk said in early January that Twitter planned to resume allowing political advertising . The decision followed a decline in ad sales after the tech billionaire acquired the platform and came as Musk has courted controversy by personally endorsing Republicans , reinstating former President Donald Trump along with right-wing accounts previously banned by Twitter and significantly cutting back on the tech company’s staff. The resumption of political advertising could provide a new revenue stream for Twitter. When Twitter previously allowed political advertising, it never attracted nearly as much cash as rivals such as Facebook and Google. In the early going of the 2020 presidential cycle, for example, those two platforms attracted a combined nearly $100 million from presidential candidates through October 2019, according to OpenSecrets , while Twitter attracted just $5.2 million over that same period before shuttering its political […]

Click here to view original web page at www.politico.com