Tag: government

May 24, 2014 0

Are Mortgage Credit Conditions "Tight"?

By News Desk

Are Mortgage Credit Conditions "Tight"? A statement in regards to credit condition in a Bloomberg article this morning on New Home Sales caught my attention and merits further investigation. Here is the statement in question: " Builder optimism has eased as well, reflecting still-tight credit conditions and limited availability of lots

May 23, 2014 0

Amazon to Increase Robots from 1,400 to 10,000 by End of 2014; Day in the Life of a Robot

By News Desk

Please consider Bezos expects 10,000 robots at Amazon warehouses by 2015 Amazon.com plans to aggressively expand its use of robots at it warehouses in 2014, rolling out 10,000 of them by the end of 2014. Chief Executive Jeff Bezos told investors at Amazon’s annual shareholders meeting Wednesday that the company has about 1,000 robots picking products today. The robots are made by Kiva Systems, a company Amazon purchased two years ago for $775 million in a bid to further automate its warehouses