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Orange Park Mall could soon be under new ownership.Washington Prime Group plans to sell its entire portfolio of 50 shopping centers, including Orange Park Mall, as it lays off employees at its corporate headquarters, as first reported by Jacksonville Daily Record.This would be the second mall in Jacksonville to recently undergo a sale after Blackwater Development finalized its purchase of Regency Square Mall earlier this month.The property purge includes 10 malls and shopping centers in Florida.The Orange Park Mall turns 50 years old this year and is the Jacksonville area's...

(MENAFN- GlobeNewsWire - Nasdaq) Emerging as a digital hub in Latin America, Colombia emphasizes sustainability and smart city development. With 23 operational colocation centers, mainly Tier III in Bogota, the country plans to enhance connectivity with three new submarine cables. Rising development costs challenge growth. Key players include ODATA, Equinix, and DHAmericas, with significant upcoming investments in Bogota.Dublin, April 22, 2025 (GLOBE NEWSWIRE) -- The "Colombia Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report has been added to ResearchAndMarkets.com's offering.The Colombia Data Center Market was valued at...

Greg Bensinger and Deborah Mary Sophia  |  ReutersAmazon Alexa now wants you to go hands-free in a carColumnist Marc Saltzman reviews one of the hands-free driving options, Alexa in a car.Marc Saltzman, Special for USA TODAYAmazon AMZN.O chief executive Andy Jassy on Thursday justified the company's billions of dollars in outlays for artificial intelligence development, saying the investment was necessary to remain competitive."If your mission is to make customers' lives better and easier every day, and you believe every customer experience will be reinvented by AI, you're going to invest deeply and...

Where does the money generated from tariffs go?The Trump administration predicts tariffs will generate billions of dollars, but where will that money go?Aerospace and defense manufacturer Textron lost the most ground in the sell-off.CVS may be the best positioned to weather a recession.Companies across industries saw earnings prospects sink on downturn fears.It's been a tough week on Wall Street and Rhode Island's biggest publicly traded companies have not been spared in one of the worst market sell-offs in years.The 10 largest publicly traded companies all saw their stock price fall...

Aishwarya Jain and Nathan Gomes  |  ReutersHere's how much homeownership costs per year, on top of your mortgageBankrate finds the typical family home comes with an added price tag: $18,000 in "hidden expenses" every year. (Scripps News)Scripps NewsFintech firm Rocket Companies RKT.N said on Monday it would buy home loan services provider Mr Cooper Group COOP.O for $9.4 billion, its second big deal this month as it looks to broaden its mortgage-related offerings on its online platform.Shares of Mr Cooper jumped about 27% to $132.1 in premarket trading but were still trading well below the offer price of...

Tesla trade-ins hit record high amid Elon Musk controversyTesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled to 0.8% in January.unbranded - NewsworthyU.S. stocks plunged, with the Dow closing down more than 700 points and the S&P 500 shedding over 100 points amid heightened inflation and tariff concerns.The Fed's preferred inflation measure, the...

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...

(MENAFN- GlobeNewsWire - Nasdaq) The database provides in-depth analysis of 35 existing and 24 upcoming data centers across Dubai, Abu Dhabi, Sharjah, Al Ain, and Fujairah. With 500 MW of upcoming capacity and $1.5 billion in new investments expected by 2027, Abu Dhabi leads the market with 40% of future power capacity. The database details white-floor space, IT load capacity, colocation pricing, and investment breakdowns. Major operators like Equinix, Khazna, Etisalat, and Gulf Data Hub are expanding, shaping the UAE's data infrastructure future. Stay ahead with the latest colocation trends,...

Irvine-based Shopoff Realty Investments acquired the office and distribution center at 5600 Beach Blvd. in Buena Vista from Amway for $60 million. The nutritional supplement maker agreed to lease back the building while Shopoff advances plans to convert the site into a townhome development in partnership with Lennar Homes.Amway Corp. operates its headquarters at the site as part of a larger campus. The property along Beach Boulevard serves as the company’s Nutrilite brand’s teaching and training facility. The building sits on nearly 14 acres of land close to the Buena...

Stock buybacks could counteract extended market declines, Citi said.The bank predicted $1 trillion in stock buybacks by 2025, up from 2024.Companies may shift spending from capital expenditures to buybacks amid Trump policy uncertainty.The stock market has a $1 trillion weapon to fight further price declines: stock buybacks.Analysts at Citi said in a Monday note that as the stock market continued to decline, it could present a too-good-to-ignore deal for companies to buy back their stocks at discounted levels."Should large cap US equities continue to correct, we expect that share repurchase...