Sacramento, CA…Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (Foundation) are continuing their partnership with the California Fire Foundation to (CFF) increase wildfire safety and preparedness. PG&E and The Foundation are providing $1.4 million, in aggregate, to CFF’s Wildfire Safety and Preparedness Program (WSPP). Now in its fifth year, the program’s objective […]
Washington, DC…Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. This news release presents statistics from two monthly surveys. The […]
Washington, DC…Although overall economic activity edged down in the first quarter, household spending and business fixed investment remained strong. Job gains have been robust in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The invasion […]
Washington, DC…Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 6.9 percent. The GDP estimate released today is based on source data that are […]
Cape Canaveral, FL…On Wednesday, April 27 at 3:52 a.m. ET, 7:52 UTC, Falcon 9 launched Dragon’s fourth science expedition mission Crew-4 to the International Space Station from Launch Complex 39A at NASA’s Kennedy Space Center in Florida. Following stage separation, Falcon 9’s first stage landed on the A Shortfall of Gravitas droneship. Dragon will autonomously […]
Dearborn, MI…Today marks the launch of the all-new, electric F-150 Lightning pickup – a milestone moment in America’s shift to electric vehicles. F-150 Lightning trucks are now being built for customers across America. F-150 Lightning is the fastest-accelerating F-150 yet and the only full-size electric pickup available now with a starting price less than $40,000. […]
San Francisco, CA…Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Under the […]
Austin, TX…The first quarter of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and an operating margin of over 19%. Our outstanding recourse debt has fallen below $0.1B at the end of Q1. Public interest in a sustainable future continues to rise, and we remain focused […]
Pebble Beach, CA…Building upon a nearly century-long relationship, the United States Golf Association and Pebble Beach have forged a landmark partnership that seeks to benefit the game of golf for generations to come. As part of today’s announcement, Pebble Beach will now host four future U.S. Opens (2027, 2032, 2037 and 2044) as well as four […]
San Francisco, CA…Twitter, Inc. (NYSE: TWTR) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the “Rights Plan”). The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter. The Rights Plan is intended to enable all shareholders to realize the full value of their […]
