Oracle Has More Office Workers in California Than Texas After Moving Headquarters
Three years after Oracle Corp. moved its headquarters to Texas from California, Chairman Larry Ellison said he’s planning another move — this time to Nashville.
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Three years after Oracle Corp. moved its headquarters to Texas from California, Chairman Larry Ellison said he’s planning another move — this time to Nashville.
Nuveen Real Estate is seeking to sell a Miami office building located in the heart of the Brickell neighborhood with tenants including Bank of America Corp. and Apollo Global Management Inc.
WeWork Inc. and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann.
The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
China Vanke Co. recorded a second consecutive quarterly loss, adding to the developer’s financial woes as it struggles with slumping sales and a cash crunch.
Jan 16, 2019
The Canadian Press
TORONTO -- Royal Bank of Canada (RY.TO) has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent.
Mortgage rate comparison website founder Robert McLister says RBC is the first of the Big Six banks to cut its advertised five-year fixed rate after a fall in five-year bond yields.
McLister adds that he expects other big banks to follow suit in the coming days.
When asked what prompted the rate drop, an RBC spokesperson said a number of factors have impacted the Toronto-based bank's cost of funds.
RBC says that includes the rate the bank pays in the wholesale market, increasing regulatory costs and market volatility.
McLister says now that market volatility has subsided, the bank's competitors have started undercutting big banks which puts pressure on them to act.