Tag: suspends
Vornado suspends common stock dividends until 2023 end, authorizes $200M stock buyback
CBI suspends all key activity as major companies quit in wake of rape claims
CBI suspends key activities after rape and sex assault allegations
BBC suspends proposed closure of the BBC Singers
BBC “suspends” decision to axe BBC Singers
RMT suspends plans for rail strikes on 30 March and 1 April
RMT union suspends all Network Rail strikes after new pay offer
Amazon suspends Virginia HQ2 construction in latest cost-cutting move
Amazon’s putting the construction of its second headquarters in Virginia on hold as it looks to cut costs across the company, as reported earlier by Bloomberg and CNBC. While Amazon’s still expected to complete the first phase of its headquarters this June, the company’s pausing work on the larger portion of the project located across the street.
The company’s Arlington, Virginia-based headquarters, dubbed HQ2, is supposed to consist of two parts: Metropolitan Park, an “urban campus” capable of housing 25,000 workers, and PenPlace, a complex with three 22-story buildings and a corkscrew-shaped glass tower standing 350 feet tall. PenPlace, the second phase of the project, is the portion affected by the delay.
John Schoettler, Amazon’s…