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The state of California opened its largest office complex on Wednesday, a $1.03 billion, 1.25 million-square-foot group of buildings on Richards Boulevard in Sacramento.
The May S. Lee State Office Complex will serve as a workplace for more than 5,000 state workers, including employees of the Department of Tax and Fee Administration, the Department of Health Care Access and Information, the Department of Housing and Community Development, the state’s Civil Rights Department, the Department of Financial Protection and Innovation, the Department of Real Estate and the state Commission on Teacher Credentialing.
Built to a high level of sustainability, the complex features 90 EV charging stations and the largest all-electric kitchen in the country, according to California Department of General Services.
The complex is named after May S. Lee, the state’s longest serving worker, who died last year at age 102. She worked for 79 years for the state of California.
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The company cut another 6% of jobs in February 2023.
U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the "deployment of encryption" on its internal corporate IT systems, consistent with a ransomware attack. Brandywine said the cyberattack caused disruption to the company's business applications that support its operations and corporate functions, including its financial reporting systems.
An exchange of shares in Visa provides JPMorgan an unrealized gain of $8 billion, giving the nation's largest bank a shot to once again out-earn rivals during the second quarter.
Apple updated its top-of-the-line tablets at its Let Loose event today. Our comparison lets you quickly glance at all the changes to the new model — big and small — to help you decide whether it’s worth the upgrade.
ConsumerAffairs recently studied road rage in the United States, finding that an alarming number of drivers in some places resort to firearms for problem resolution.
TikTok is suing the United States government in an effort to block a law that would ban TikTok if its parent company, ByteDance, fails to sell it within a year. TikTok argues that the law violates the U.S. Constitution's commitment to "both free speech and individual liberty." "For the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban, and bars every American from participating in a unique online community with more than 1 billion people worldwide," the lawsuit reads.
OpenAI is testing a new tool to identify images generated by AI and touts a 98 percent success rate. That rate, however, declines when the image has been modified.