Top stories for the week posted earlier: link here.
Albany, NY: school district cutting more than 200 jobs after revenue loss --
The school district is facing a revenue loss of up to $25 million due to a lack of state and federal aid for the 2020-2021 school year related to the coronavirus pandemic, the district said in a Wednesday press release. Google link.
U-Haul prices jump amid high-tax city, state exodus -- google link -- this is one story CNBC has not been reporting -- note Albany to Orlando --
Which, by the way, brings up another point: a lot of chatter about when this (Covid-19 pandemic) will be all over. First milestone: end of this school year -- May, 2021. Now that kids are going back to school -- kindergarten to college -- things are set. Even if the pandemic ends tomorrow, folks have re-located for the (school) year.
Finally: Warren Buffett slashes stake in Wells Fargo. Still owns 137.6 million shares, but that's down about 100 million from end of June, 2020. Google link.
Tesla voted off the island; actually TSLA was never on the island, but now it's official: TSLA doesn't get "into the S&P 500." Google link.
And the winner is ... Microsoft. DoD review concludes Microsoft's offer is the best value to the US government -- wins the JEDI contract over Amazon. A "DoD review." I'm shocked. I'm shocked. DoD is a department run by the president. Google link.
Texas flaring: ConocoPhillips withdrew its request to extend flaring permits at 41 of its sites in west Texas. No good deed goes unpunished. Link here.
Navajo humor:
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