Elon Musk Offers to Buy Twitter at $54.20 a Share for about $43 Billion

Elon Musk Offers to Buy Twitter at $54.20 a Share for about $43 Billion

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 […]

PG&E Reaches Agreements & $55 Million Settlement with Six Counties to Invest in Wildfire Safety & End Criminal Proceedings

PG&E Reaches Agreements & $55 Million Settlement with Six Counties to Invest in Wildfire Safety & End Criminal Proceedings

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 […]

Inflation Drives Producer Price Index up 11.2%! Even Worse than Consumer Inflation!

Inflation Drives Producer Price Index up 11.2%!  Even Worse than Consumer Inflation!

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 […]

Inflation Surges to $8.5% as Prices Rise 1.2% March. Inflation Now Highest Since 1981

Inflation Surges to $8.5% as Prices Rise 1.2% March.  Inflation Now Highest Since 1981

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, […]

Thank You for 1,146,085 Page Views in March!!!

Thank You for 1,146,085 Page Views in March!!!

Incline Village, NV….We want to say Thank You to You!!!! In March of 2022 Lakeside News had 1,146,085 Page views!!! We came close to this mark back during the Caldor fire but this means so much more as we crossed this threshold during just a normal news and event month. If you would like to […]

Nonfarm Payrolls Rose by 431,000 in March & Unemployment Rate Declined to 3.6%

Nonfarm Payrolls Rose by 431,000 in March & Unemployment Rate Declined to 3.6%

Washington, DC…Total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. This news release presents statistics from two monthly surveys. The household survey measures […]

Governor Newsom Issues Drought Emergency Order

Governor Newsom Issues Drought Emergency Order

Sacramento, CA…On Monday, March 28th, Governor Newsom issued his fourth emergency order on drought, building on emergency orders from April, May, and October of 2021. This new order significantly expands the previous three by enacting several new provisions on water use conservation, permissible landscaping, maintenance of fish habitat, water hauling, illegal diversions, new well permits, […]

The Save Mart Companies Announces Acquisition by Kingswood Capital Management

The Save Mart Companies Announces Acquisition by Kingswood Capital Management

Modesto, CA…The Save Mart Companies announced that Kingswood Capital Management LP (“Kingswood”) has acquired the company. Kingswood is an operationally- focused private equity firm based in Los Angeles, with significant experience in the retail sector. Terms of the transaction were not disclosed. Headquartered in Modesto, California, The Save Mart Companies is committed to sourcing a […]

DWR Awards $180 Million to Communities Statewide Including Tahoe City for Urban and Multibenefit Drought Relief Projects

DWR Awards $180 Million to Communities Statewide Including Tahoe City for Urban and Multibenefit Drought Relief Projects

Sacramento, CA…The Department of Water Resources (DWR) announced its second phase of funding through the Urban and Multibenefit Drought Relief Grant program. The program will provide financial assistance to 62 projects throughout the state to tackle drought impacts on human health and safety, protect fish and wildlife resources, and support other public benefits, such as ecosystem improvements. […]

S&P Corelogic Case-Shiller Index Reports 19.2% Annual Home Price Gain to Start 2022

S&P Corelogic Case-Shiller Index Reports 19.2% Annual Home Price Gain to Start 2022

New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and […]

1 12 13 14 15 16 133