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News & Updates

January 16, 2019 Why mortgage lending at Wells Fargo, Chase and Citi plunged

Source: MarketWatch

In the fourth quarter, mortgage originations at Citi C, +4.16% were down 23% compared to a year ago. At Wells Fargo WFC, -1.55% , they were 28% lower, and at JPMorgan Chase JPM, +0.73% , they were down 30%.

January 2, 2019 Amazon in 2019: Betting Big on Physical Stores?

Source: Motley Fool

E-commerce giant Amazon (NASDAQ:AMZN) is getting ready to open more Whole Foods Market stores in the U.S., The Wall Street Journal said on Monday, citing "people familiar with the plan." The news suggests Amazon is pleased with...

December 28, 2018 Funding the United Nations Is Making Less Sense Than Ever

Source: The New American

American diplomats attached to the United Nations headquarters in New York have failed in their attempt to get other countries such as Brazil, India, and Turkey to step up their funding of UN “peacekeeping” forces,...

December 26, 2018 High-speed trains are finally coming to the US

Source: CNN

One train company has high hopes of bringing high-speed rail travel to America. Brightline Trains, which bills itself as "America's first new major private intercity passenger railroad in over a century," has just gotten a major...

December 19, 2018 US, Mexico seek to stem migration from Central America by funding development in region

Source: USA Today

MEXICO CITY — The United States and Mexico will be cooperating closely to convince thousands of potential Central American migrants to not risk the perilous journey to the U.S. border by investing money into some of the region’s...

December 19, 2018 Environmental impact assessments aren’t protecting the environment

Source: Eco-business

All around the world we see a growing catalog of cases where EIAs are giving green lights to developments that should never see the light of day — projects that are destroying irreplaceable habitat or threatening the last...

December 17, 2018 Google to invest $1 billion in new campus in New York City

Source: CNBC

The new 1.7 million square foot “Google Hudson Square” campus will include two buildings located at 315 and 345 Hudson Street and an office space situated at nearby 550 Washington Street in Manhattan, Google said in a blog post...

December 17, 2018 Qatar Petroleum to invest $20 billion in U.S. in major expansion

Source: Reuters

DOHA - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.

December 14, 2018 Apple will spend $1 billion and hire up to 15,000 people for new Austin office

Source: ArsTechnica

Apple announced this morning that it will spend $1 billion to open a new campus in the southern tech hub of Austin, Texas, and that it will open new offices and add 1,000 new jobs each to San Diego, Seattle, and Culver City,...

December 10, 2018 Amazon touted as big win for NY, but math is more complex

Source: Fox Business

New York officials tout their deal to land a new Amazon headquarters as can't-miss math. The city and state put up $2.8 billion in tax breaks and grants. In return, they get an economic engine expected to generate $27 billion in...

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