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Business, Real Estate

“Blackstone head Steve Schwarzman plans to spend billions buying up dorms, warehouses, and data centers across Europe…”

November 28, 2023

“…The private-equity firm with roughly $1 trillion in assets under management plans to invest in real estate across Europe, Schwarzman told Bloomberg on Monday after the Global Investment Summit in London. Blackstone has raised about $200 billion in recent months, according to Schwarzman, who… Continue Reading…

Stocks

“Walmart-Backed AI Warehouse Tech Company Symbotic Reports Record Revenue; Shares Soar 40%”

November 22, 2023

“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…

Business

“‘Robots are treated better’: Amazon warehouse workers stage first-ever strike in the UK”

January 25, 2023

“Hundreds of Amazon workers are on strike in Britain. The walkout marks the first formal industrial action in the country for the U.S. tech giant. The 24-hour strike action began Wednesday a minute after midnight. Strikers are expected to picket outside the… Continue Reading…

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