With EV manufacturers and their suppliers increasingly opening factories in the U.S., opportunities are growing for both build-to-suit construction and speculative development.
The Bentonville, Arkansas-based company is paring jobs as it bolsters warehouse automation to reduce the cost of handling online purchases. The retailer has so far avoided the kind of mass layoffs underway at rival Amazon.com Inc., which this week said it would slash payrolls by another 9,000 jobs in addition to 18,000 recent cuts.
The decision by Sherrod Brown, an Ohio Democrat, is the latest setback for advocates of the bill, which would prohibit federal banking regulators from penalizing banks and other depository institutions for providing banking services to cannabis businesses.
Commercial real estate investors faced another Fed rate hike amid market volatility. Twitter is being sued for unpaid rent in Oakland, reported The Real Deal. These are among today’s must reads from around the commercial real estate industry.
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