May 4, 2021

space

Harris to place “personal stamp” on National Space Council

Updated 1:55 p.m. Eastern with Nelson statement.

WASHINGTON — Vice President Kamala Harris will put her “personal stamp” on the National Space Council as it takes on both existing and new priorities under the Biden administration.

Senior administration officials, speaking on background in a call with reporters May 1, confirmed that the administration will retain the National Space Council, an interagency body used to coordinate space policy across the federal government. The vice president chairs the council by statute.

The White House announced March 29 that the council, revived by the Trump administration in 2017 after a hiatus of almost

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HSBC to Cut Office Space 20%, Reduce Business Travel by Half

HSBC Holdings Plc expects to cut its office footprint by 20% this year and is budgeting for half its previous business travel costs as the adoption of flexible working spurs changes to longstanding practices.

The bank, which has already committed to a 40% reduction in office space in the long term, expects to get halfway to its goal over the course of this year, Chief Financial Officer Ewen Stevenson said in an interview with Bloomberg Television Tuesday.

“We do very much want to move to a hybrid working environment,” he said.

HSBC’s pace highlights how quickly the pandemic has redrawn

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Finance firm leases Las Colinas office space

The consumer finance firm Cottonwood Financial Administrative Services has leased a big block of office space in Irving.

The company is taking almost 40,000 square feet at 2120 W. Walnut Hill Lane in Las Colinas.

The new space is in the three-building Cottonwood Office Center, which once housed offices of Liberty Mutual Insurance.

The lease is the second recent transaction in the office campus. Medpace Inc., a clinical research organization, has taken more than 47,000 square feet in the buildings.

“Coming out of the pandemic, we continue to see large employers targeting properties that can offer plug-and-play solutions at a

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JPMorgan, Salesforce join growing list of firms dumping office space

JPMorgan Chase & Co., Salesforce.com Inc. and PricewaterhouseCoopers are among the major firms looking to unload big blocks of office space, the latest sign that remote work is hurting demand for this pillar of commercial real estate.

Large companies typically sign office leases for a decade or longer, giving them few options for reducing their footprint beyond trying to sublease floors to other tenants. At the end of 2020, 137 million square feet of office space was available

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Community split on talks of renovating insurance space into high school

(ST. JOSEPH, Mo.) Monday night’s bombshell announcement at the St. Joseph School Board meeting on the tentative plans to buy and transform the American Family Regional Headquarters into a high school sent shockwaves throughout the city.  

Administrators said the district is only in talks with the insurance company, but community members are speaking their mind. 

John Hoffman, retired Benton High School teacher opposes the idea. He said, “It’s ridiculous. It’s mind numbing that they would even think of this.”

While others like Ashley Stroud and Shaun Agnew side with the district that turning the American Family building into a new

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