Tag: facilities

Facebook to expand work-from-home eligibility as offices look to reopen

Facebook Inc. is giving most of its employees a choice: Seek permission to keep working at home or go to the office at least half the time. The social-media giant told its roughly 60,000 employees Wednesday that it will expand remote-work eligibility to all levels of the company, including early-career employees and entry-level engineers. Facebook FB, -1.03% […]

Read More

7-Eleven to add 500 electric-vehicle charging stations by end of 2022

7-Eleven Inc. plans to build at least 500 charging stations for electric vehicles in the U.S. and Canada by the end of 2022. In a statement Tuesday, the convenience-store chain, which is owned by Japan’s Seven & I Holdings Co. 3382, +3.10%, announced a massive expansion of its current 22 charging stations in 14 stores […]

Read More

NIO is making a landmark push outside of China into this electric-vehicle-obsessed country

Chinese electric-vehicle company NIO will make a landmark move later this year by pushing into its first market outside of China, the company said on Wednesday. NIO NIO, +0.71% will expand into Norway, one of the most electric-vehicle-obsessed countries in the world, with the group’s first service and delivery center set to open in the […]

Read More

Tesla’s Berlin gigafactory to be delayed another 6 months: report

Production at Tesla Inc.’s new gigafactory outside Berlin will be delayed by another six months, according to a new report. The German trade magazine Automobilwoche reported Sunday that production will not begin before the end of January 2022, and that Tesla Chief Executive Elon Musk officially gave approval for the six-month delay. Tesla TSLA, +4.79% […]

Read More

Bond traders betting on hotels or shopping malls now have Big Data at hand

But bond traders in the notoriously niche $600 billion commercial mortgage-backed securities market (CMBS), now have more ways than ever to tap Big Data when betting on a recovery — or decline — of specific hotel properties or a cluster of shopping malls. Like with so many things lately, the pandemic has been a catalyst. […]

Read More

Opinion: Biden’s policies will help the working class less than he thinks

President Joe Biden offers himself as champion of the working class and minorities, but his policies will leave more jobless and enable Donald Trump or another populist from the right to win in 2024. The pandemic is accelerating changes in where we work and what we buy. That makes obsolete many storefronts, movie theaters, aircraft […]

Read More