All articles tagged with #new headquarters
JPMorgan Chase has opened a $3 billion, 60-story headquarters in Midtown Manhattan designed to attract talent with modern amenities, sustainability features, and a focus on future-proofing the workplace, serving as a model for its global offices.
JPMorgan's new 60-story headquarters in Manhattan, equipped with 24/7 amenities and designed to promote a culture of long hours and face-to-face work, underscores Wall Street's enduring work-as-life ethos, emphasizing in-person collaboration and long hours as key to success.
Avis Budget Group, Inc. held its Q4 2023 earnings call, discussing forward-looking information and non-GAAP financial measures. The company welcomed Izzy Martins as the new Chief Financial Officer and highlighted the move to a new world headquarters in New Jersey. They reported approximately $2.8 billion of revenue and $311 million of adjusted EBITDA for the quarter.
Memphis Light, Gas & Water's board has approved a 12% electricity rate increase for three years starting in 2024, aimed at funding infrastructure improvements to enhance the region's electrical system reliability and reduce power outages. The increase, which amounts to about $5 per month for an average 1,000-kilowatt-hour customer, will not be used to fund MLGW's move to a new headquarters in East Memphis. The board also approved the purchase of 65 acres in Cordova for $31.4 million to establish the new headquarters, replacing the current one on Main Street.