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Amazon delays debut of Central Florida distribution center amid national warehouse pullback

The opening of an Amazon (NASDAQ: AMZN) distribution center in Cocoa has been delayed in what is possibly the first sign of Amazon's national warehouse pullback in Central Florida. Samantha Senger, spokeswoman for the city of Cocoa, confirmed to Orlando Business Journal that Amazon told the city it will delay the debut of the distribution center at 3655 Grissom Parkway. Stockton Whitten, the city manager for Cocoa, said there is not an updated timeline for the facility to come online. Read More...

Bloomberg

Apple Stock Surge Raises Stakes as Earnings Loom

(Bloomberg) — Even as Apple Inc. contends with rising inflation, cooling consumer demand, the strengthening dollar and lockdowns in China, its share price has surged in recent weeks and is heading for its biggest monthly gain in almost two years, up 15% in July.Most Read from BloombergRockstar Games Cleaned Up Its Frat-Boy Culture — and Grand Theft Auto, TooFed Hikes 75 Basis Points Second Time, Signals Third Is PossibleBiden Considers New Pause on Paying Back Student Loans, $10,000 ReliefUS Ec

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