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☆ Amazon HQ2 is not matching the original hype. The economy is partly to blame
▼ + stars: | 2023-06-20 | by ( Scott Cohn | ) www.cnbc.com time to read: +2 min

When Amazon first announced plans for a second corporate headquarters in 2017, it set off an epic bidding war. Virginia beat 237 competitors to win the project, and when it finally opened last week in the Crystal City section of Arlington, Virginia Gov. "We have high expectations because they are well placed," he told Amazon employees, "on an organization that delivers on promises made." But those promises from Amazon have changed dramatically from the original vision, which called for a $5 billion complex with 50,000 employees. Then, when local opposition blew up in New York, Amazon decided to ditch New York, put 25,000 employees in Arlington, and spread the rest among its other North American hubs.

Persons: Glenn Youngkin, there's, Holly Sullivan, Tom Stringer Organizations: Amazon, Arlington , Virginia Gov, Companies, BDO Locations: Virginia, Crystal, Arlington , Virginia, New York, States, Arlington, Queens , New York

☆ Why Amazon built a second headquarters and how the pandemic reshaped HQ2
▼ + stars: | 2023-06-19 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +6 min

This week, Amazon formally opened the doors of the first part of its new East Coast headquarters, dubbed HQ2, in northern Virginia. It raises the question why Amazon, with its sprawling campus in Seattle and a growing real estate footprint globally, needed to build a second headquarters. HQ2 has some of the same quirks as Amazon's Seattle campus. The towers feature plant-filled terraces and a rooftop urban farm that echoes the feel of the "Spheres," botanical gardenlike workspaces that anchor Amazon's Seattle office. Amazon's HQ2 features some of the same quirks as its Seattle headquarters, like a community banana stand.

Persons: Jeff Bezos, John Schoettler, Schoettler, John, Glenn Youngkin, Tasha Dooley, Bezos, Holly Sullivan, Sullivan, HQ2, wouldn't Organizations: Amazon, Microsoft, Puget, Seattle, Metropolitan Park, Companies, Employees Locations: Coast, Virginia, Arlington, Seattle, Redmond , Washington, HQ2, North America, New York's Long Island City, Crystal City, Arlington , Virginia, Long Island City, Nashville , Tennessee, Bellevue, There's

☆ Chemical maker INEOS makes U.S. shale bet with $1.4 bln Chesapeake deal
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] A Chesapeake Energy Corp worker walks past stacks of drill pipe needed to tap oil and gas trapped deeply in rock like shale at a Chesapeake oil drilling site on the Eagle Ford shale near Crystal City, Texas, June 6, 2011. REUTERS/Anna Driver/File PhotoFeb 21 (Reuters) - Chemical maker INEOS is entering into U.S. oil and gas production for the first time, agreeing to purchase assets in South Texas from Chesapeake Energy Corp (CHK.O) for $1.4 billion, the companies said on Tuesday. "Over the last two decades, U.S. onshore oil and gas production has provided security of supply for the global market and competitive advantage for U.S. industry," Brian Gilvary, chairman of INEOS Energy, said in a statement. The transaction, involving an area of around 172,000 net acres with average net daily production of about 36,000 barrels of oil equivalent, will also grant Chesapeake Energy a complete exit from the Eagle Ford shale basin. Proceeds from the deal will be used to repay debt and fund its share repurchase program.

The play “Crystal City 1969,” first staged in 2009 in Dallas, was performed for the first time in San Antonio last weekend at the Guadalupe Cultural Arts Center. Student walkout in Crystal City, Texas, on Dec. 20, 1969. Growing up in a Mexican American household, he spoke no English. The effect of that sort of discrimination was to tell Mexican American and Mexican students that their language, their culture, was worthless, valueless and something to be ashamed of, Garcia said. Rodriquez attended one of the performances of "Crystal City 1969" over the weekend.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ How Google's former CEO Eric Schmidt helped write AI laws in Washington without publicly disclosing investments in AI start-ups
▼ + stars: | 2022-10-24 | by ( Eamon Javers | ) www.cnbc.com time to read: +18 min

'Conflict of interest'Schmidt's investment was just the first of a handful of direct investments he would make in AI start-up companies during his tenure as chairman of the AI commission. Altogether, Schmidt and entities connected to him made more than 50 investments in AI companies while he was chairman of the federal commission on AI. To Poulson, Schmidt was simply given too much power over federal AI policy. The new entity would continue the work of the congressionally created federal commission, with many of the same goals and much of the same staff. More than a dozen staffers from the federal commission followed Schmidt to the new private sector project.

Today, there are 56 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated on June 30, 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

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