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Amazon cloud CEO joins Sounders ownership group

August 16, 2023 / no comments

Amazon Web Services’ Adam Selipsky says he’s been rooting for the soccer club since its founding in 1974.

EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford

August 16, 2023 / no comments

Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value.

New York City Bans TikTok on Government-Owned Devices

August 16, 2023 / no comments

The ban extends to some of the popular accounts run by the city.

Apptio CEO says sale to IBM about seeking ‘ubiquity and faster scale’

August 16, 2023 / no comments

With the deal now closed, Apptio is looking to greatly expand its reach under its new parent company.

Stocks’ August Slide Continues as Treasury Yields Touch Multiyear High

August 16, 2023 / no comments

Stocks dipped and government-bond yields reached a 15-year high after minutes from the most recent Fed policy meeting showed central bankers are worried about a possible resurgence in inflation.

Some Fed Officials Are Turning Cautious about Raising Rates Too High

August 16, 2023 / no comments

Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated.

Bond Yield Hits Highest Since 2008, Adding Pressure to Borrowing Costs

August 16, 2023 / no comments

The yield on the 10-year U.S. Treasury note closed at a 15-year high, threatening steeper costs for many borrowers and raising concern on Wall Street about the potential fallout in the stock, bond and housing markets.

Boeing veteran picked to lead Boom Supersonic’s engine program

August 16, 2023 / no comments

Scott Powell was most recently based in Mukilteo as the propulsion integrated product team leader for the B-52J commercial engine replacement program.

Fed Officials Avoided a Victory Lap at July Meeting

August 16, 2023 / no comments

Federal Reserve officials raised interest rate at their July 26 meeting, and freshly released minutes showed they remained focused on inflation risks.

Authorities to Return Items Seized in Kansas Newspaper Raid

August 16, 2023 / no comments

The raid of the newspaper, The Marion County Record, has drawn condemnation from First Amendment advocates.

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