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CT homebuilders are busier, but struggle to fully seize on hot housing market


Connecticut single-family home sales have spiked over the past year to levels not seen since 2005, but don’t expect an equivalent surge in new construction, area builders say.
While home construction increased notably in 2020, it wasn’t nearly to the same scale as home sales activity. Experts say soaring prices for key materials like lumber and uncertainty about how long the recent demand wave might last have created hesitation in many builders. Some have resisted an admittedly strong urge to take the financial risk to build more speculative homes in order to provide badly needed inventory in a tight housing market. ....

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Exclusive: AWS Chief Andy Jassy talks COVID, culture and cranking up the speed as re:Invent closes


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Exclusive: AWS Chief Andy Jassy talks COVID, culture and cranking up the speed as re:Invent closes
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As Amazon Web Services Inc. concluded its third week of re:Invent 2020 in an all-virtual format, the impact of the global pandemic remained very much a topic of conversation.
AWS’ involvement in rapid deployment of customer call centers, expanded use of video conferencing platforms, and the development and safe shipment of vaccines around the world were reminders of the role cloud technology is playing at a crucial time.
The pandemic never seemed far away from the thoughts of AWS Chief Executive Andy Jassy as he spoke with theCUBE in an exclusive interview today. Jassy noted that AWS formed a partnership this fall to develop Carrier Inc.’s new Lynx cold chain digital platform, which improved the shipment of temperature sensitive cargo such as food, medicine and vaccines. ....

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