As Bill Cosby awaits a verdict in his sexual assault case in Pennsylvania, the comedian's civil lawyers are fighting lawsuits against him by 10 women around the country. Currently, seven women have defamation suits pending in Massachusetts, while three more have defamation or sexual battery suits pending in California. Cosby has denied any wrongdoing.
Alphabet Inc.'s (GOOGL) Google is finalizing a deal with construction company Factory OS to purchase 300 modular homes that will serve as short-term housing for the tech giant's employees, the Wall Street Journal reported. The deal, which is valued between $25 million and $30 million, capitalizes on the reduced price of prefab construction in the Bay Area, which can cut costs between 20% and 50%. Google isn't the only tech company looking to help solve the housing shortage its employees battle. Facebook (FB) pledged to build 1,500 units in Menlo Park, of which 15% will be classified as "affordable." Google's shares were down 0.3% to $967.93 at Wednesday's close. What's Hot on TheStreet Amazon
Less than three months ago, United States Steel (X) was flying high as investors bet that President Donald J. Trump's pro-America policies would provide a boost for U.S. steel makers (AK Steel (AKS), Steel Dynamics (STLD), and Nucor (NUE) also benefited from this dynamic). But that all came to an end when U.S. Steel slashed its earnings before interest, tax, depreciation and amortization, or Ebitda, guidance, and announced new spending plans, causing shares of U.S. Steel lost quarter of their value. Since then, a number...