Retail company Kroger suffers from higher costs and theft despite high sales On September 10, Kroger announced that the company had seen many favorable trends in their fiscal second quarter as shoppers are buying more groceries Despite a strong fiscal second quarter, Kroger investors have expressed their concern about the supermarket operator’s margins as they… Continue reading Business News – 09-10-2021
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Legislative News – 06-23-2021
President Biden and his new plans to battle crime in the US Today (Wednesday), President Joe Biden has announced his new anti-crime efforts Biden’s plan is mainly addressing gun violence and to provide more funding to those cities who are in need of more police Biden will have a “zero tolerance” policy (different from Trump’s)… Continue reading Legislative News – 06-23-2021
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