Saturday, September 5, 2020

Notes From All Over -- September 5, 2020

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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