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Wall Street Company Earnings – 05-12-2021

DISCLAIMER: This is not investment advice. The information is not guaranteed to be accurate. Any investment should be vetted and researched by the individual making the investment decision. We are not liable for poor investment choices. No information on our website is intended to be used to determine suitability of an investment. Our financial markets… Continue reading Wall Street Company Earnings – 05-12-2021

Business News – 5-14-2021

Facebook races to remove anti-vaccine profile picture frames Despite a policy banning anti-vaccine messaging on its platform, Facebook continued to host frames with claims that users can overlay onto their profile pictures After CNBC reached out for comment about one such frame claiming, “my immune system works better than the” followed by a graphic of… Continue reading Business News – 5-14-2021

California News – 5-13-2021

Some fear the CDC is moving too fast in lifting mask rules Some health experts are questioning whether federal officials moved too fast in relaxing mask recommendations that would allow for people fully vaccinated against COVID-19 to shed face covering in most indoor and outdoor settings The United Food and Commercial Workers union, which represents… Continue reading California News – 5-13-2021

Business News – 5-13-2021

SpaceX reveals first orbital Starship Plan Elon Musk’s SpaceX revealed its plan for an orbital flight test of its next-generation Starship rocket, which would launch from Texas and then splashdown off the coast of Hawaii Starship prototypes stand at about 160 feet tall, or around the size of a 16-story building, and are built of… Continue reading Business News – 5-13-2021

Legislative News – 5-13-2021

Lawmakers OK COVID-19 Spending Bills; Budget Chief Concerned Michigan legislators have approved mid-year spending bills, including billions of federal coronavirus relief to boost pay for frontline government workers, incentivize unemployed people to return to work and upgrade infrastructure Under a $3.3 billion plan sent to the Senate by the Republican-led House on a 65-42 vote,… Continue reading Legislative News – 5-13-2021

California News – 5-13-2021

L.A. won’t immediately follow CDC’s relaxed mask rules Federal officials on Thursday announced a sweeping relaxation of face mask guidelines, including allowing fully vaccinated people to stop wearing masks in most places — either outdoors or inside The state and county will review the U.S. Centers for Disease Control and Prevention’s recommendations in order to… Continue reading California News – 5-13-2021

Wall Street Company Earnings – 05-11-2021

Business News – 5-12-2021

Wendy’s raises its forecast for 2021, as its breakfast and chicken sandwich boost sales Wendy’s reported better-than-expected earnings Wednesday The company said it expects sales of its breakfast items to grow, prompting it to raise its forecast for the rest of the year The fast-food chain’s new chicken sandwich also boosted sales and helped it… Continue reading Business News – 5-12-2021

California News – 5-12-2021

California expected to end mask mandate soon California Gov. Gavin Newsom told Fox 11 Los Angeles that California’s mask mandate may end on June 15 when the governor plans to reopen the state economy This news comes as California continues to see low COVID-19 rates as California has the second-lowest seven-day case rate in the… Continue reading California News – 5-12-2021

Wall Street Company Earnings – 05-10-2021

California News – 5-11-2021

California Governor declares drought emergency in most counties California Gov. Gavin Newsom extended a drought emergency declaration to cover 41 of the state’s 58 counties on Monday Newsom and other officials are concerned California could experience a repeat of the catastrophic 2020 wildfire season Newsom proposed Monday a $5.1 billion package to cover an immediate… Continue reading California News – 5-11-2021

Legislative News – 5-11-2021

Democrats move to advance sweeping election reform bill that faces long odds of Senate passage Senate Democrats aim to advance the For the People Act, a sweeping elections reform bill that will influence registration, voting, campaign finance and congressional redistricting The Senate Rules Committee held a hearing on the legislation, during which Majority Leader Chuck… Continue reading Legislative News – 5-11-2021

Business News – 5-11-2021

Palantir reports 49% revenue growth for its first quarter Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter, beating Wall Street estimates It also came in line with earnings estimates Palantir said it expects to bring in $360 million in revenue… Continue reading Business News – 5-11-2021