Washington, DC…Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year. Although the unemployment rate is little changed in recent months, job gains have been […]
Albany, CA…Sometimes in the cramped environs of U.S. cities every inch counts, especially if attempting to make space for nature. City planners and urban foresters now have a resource to more precisely select tree species whose growth will be a landscaping dream instead of a maintenance nightmare. The U.S. Forest Service’s Pacific Southwest Research Station […]
Seattle, WA…Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, […]
Washington, DC…There is no more important responsibility for the Department of Defense than keeping faith with our people. That means treating them fairly and equitably, honoring their service and sacrifice, and keeping our word. Today, in keeping with that obligation, I am ordering a series of steps to ensure fair treatment for thousands of California […]
Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]
Broomfield, CO…Vail Resorts, Inc. (NYSE: MTN) (“Vail Resorts”) today announced several changes to take place before the end of the calendar year across its mountain division leadership team to position the Company for continued growth and success. Specifically, with the official close of the Whistler Blackcomb acquisition earlier this week, the company is scaling the […]
Washington, DC… Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new […]
Palo Alto, CA… Yesterday Tesla released that they will be installing self driving hardware on all new vehicles. Details from Tesla are as follows: Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than […]
Stockholm, Sweden…Today Professor Sara Danius, the Permanent Secretary of the Swedish Academy made the announcement for the 2016 Nobel Prize in Literature. The Nobel Prize in Literature 2016 was awarded to Bob Dylan “for having created new poetic expressions within the great American song tradition”. Bob Dylan was born on May 24, 1941 in Duluth, […]
San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]
