Did Facebook money pay for training election staff at your polling place? In Pennsylvania, it depends on the county where you voted. Now, Republican lawmakers aim to end that practice through House Bill 2044, sponsored by state Rep. Eric Nelson. It amends the Pennsylvania Election Code to prohibit county boards of election and the secretary…
Pennsylvania House Advances Bill Preventing Private Election Funds
November 8, 2021
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Futures Tick Higher After Congress Clears Infrastructure Bill; Tesla Falls
November 8, 2021
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billBusiness & EconomyBusinesses in COVID-19Companiescongresseconomic policiesEconomieseconomyExecutive BranchfuturesinflationinfrastructureInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNorthern CaliforniaNY NewsPoliticsRegional-Local NewsteslaUSUS News
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U.S. stock index futures edged higher on Monday as big industrial firms were supported by the passage of a $1 trillion infrastructure bill, while Tesla fell on Chief Executive Elon Musk’s plan to sell about a tenth of his stake. Caterpillar Inc., Boeing Co., and 3M Co. rose between 0.5 percent and 3 percent in…
Dow Hits Record High as Infrastructure Bill Lifts Cyclicals
November 8, 2021
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billBusiness & EconomyBusinesses in COVID-19CompaniescongressDoweconomic policiesEconomieseconomyExecutive BranchinflationinfrastructureInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNorthern CaliforniaNY NewsPoliticsRegional-Local NewsteslaUSUS News
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The Dow hit a record high on Monday as the passage of a $1 trillion infrastructure bill lifted industrials, materials, and other economy-focused sectors, while Tesla fell on top boss Elon Musk’s plan to sell about a tenth of his stake. Five of the 11 major S&P 500 sector indexes were higher after the Congress…
Bipartisan Bill Seeks to Rein In Big Tech Mergers That Harm Competition
November 6, 2021
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anti trustBig TechBusiness & EconomyCompaniescongresseconomyMedia & Big TechmergerPoliticsTechTech NewsUSUS News
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Two senators have introduced bipartisan legislation that would make it harder for online tech giants to make acquisitions that “harm competition and eliminate consumer choice,” according to the office of Sen. Amy Klobuchar (D-Minn.), one of the bill’s co-sponsors. Klobuchar and Sen. Tom Cotton (R-Ark.) on Nov. 5 jointly announced the unveiling of the Platform…
FBI Searches Homes of Project Veritas-Linked People: James O’Keefe
Federal agents searched the New York homes of people tied to Project Veritas, according to founder James O’Keefe on Friday. In a video posted to Project Veritas’ YouTube, O’Keefe said his organization obtained a grand jury subpoena before saying that current and former Project Veritas employees’ homes were searched by federal agents. “Apartment and homes…
Google to Allow Third Party App Payments for First Time in South Korea
SEOUL—Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country. Google’s announcement comes after a Korea Communications Commission’s (KCC) request for Google and Apple Inc. to come…
Google to Bid for Pentagon Cloud Computing Contract; Oracle, IBM May Join Too
Alphabet Inc Google is pursuing a massive cloud-computing contract with the Department of Defense, the Wall Street Journal reports. Google abandoned a similar bid process three years back in the face of employee protests. Google Cloud CEO Thomas Kurian recently met Pentagon officials to discuss the bid process for a contract called the Joint Warfighting…
Big 3 Segments Drive Thomson Reuters’ Q3 Beat, Raises FY21 Outlook
Thomson Reuters Corp. reported third-quarter FY21 revenue growth of 6 percent year-on-year to $1.53 billion, beating the consensus of $1.50 billion. Organic revenues increased 5 percent, driven by recurring revenues and transactions revenues. 1 percent favorable impact from foreign currency added to growth. The “Big 3” segments (Legal Professionals, Corporates, and Tax & Accounting Professionals)…
S&P, Nasdaq Futures Scale New Heights on Earnings Boost
November 4, 2021
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The S&P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve’s first steps to begin paring its pandemic-era support. Shares of Qualcomm Inc. jumped 8.1 percent in pre-market trade after the chipmaker forecast better-than-expected profit and revenue…
Big Tech, Chipmakers Power S&P 500, Nasdaq to Record Highs
November 4, 2021
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The S&P 500 and the Nasdaq hit record highs on Thursday on stellar earnings reports, with investors looking past the Federal Reserve’s asset tapering plan as borrowing costs remain low. The Dow slipped from an all-time closing high hit on Wednesday, dragged down by big banks JPMorgan Chase & Co. and Goldman Sachs Group which…
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