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 […]
“I love those who can smile in trouble, who can gather strength from distress, and grow brave by reflection. ‘Tis the business of little minds to shrink, but they whose heart is firm, and whose conscience approves their conduct, will pursue their principles unto death.” ~Leonardo da Vinci, 15 April 1452 – 2 May 1519
San Francisco, CA…The following is Elon Musk’s letter to Twitter Management…”I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither […]
Washington, DC…Against tremendous odds, with extraordinary courage, and in the face of Russia’s relentless brutality against civilians, Ukraine’s forces are regaining ground, as Russian forces retreat from Kyiv and the surrounding region. Still, Russia’s premeditated, unprovoked, unjustified, and brutal war against Ukraine is far from over. Russia is repositioning its forces for renewed attacks in […]
Sacramento, CA….Following the U.N. Intergovernmental Panel on Climate Change’s latest report on the essential actions needed to combat the climate crisis and how much time we have left to avert disaster, California today released an annual report showing that the California Climate Investments program continues to lead the way to a low-carbon and more equitable future […]
Oakland, CA…Pacific Gas and Electric Company (PG&E) and district attorneys representing six Northern California counties announced settlements resolving the 2019 Kincade Fire and 2021 Dixie Fire. As a result of these agreements, no criminal charges will be filed in the Dixie Fire, and the criminal complaint regarding the Kincade Fire will be dismissed. PG&E has […]
Washington, DC…The Producer Price Index for final demand increased 1.4 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in February and 1.2 percent in January. (See table A.) On an unadjusted basis, final demand prices moved up 11.2 percent for the 12 months […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. Increases in the indexes for gasoline, […]