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June 10, 2021

increases

Consumers Energy electricity rate increases 50% during peak hours

Detriot News
Detroit News – For more and to sign up click here Consumers Energy’s 1.6 million residential electricity customers began paying 50% more during peak afternoon hours this week in an effort to reduce energy generation in the future. The subsidiary of Jackson-based CMS Energy Corp. has notified its customers in the Lower Peninsula’s......

Study: Decline in local journalism increases political polarization

TheHill
USA TODAY – For more and to sign up click here Thomas Moore The death of local newspapers increases political polarization and straight-ticket voting, according to the authors of a new study from researchers at MIT, Yale and French university Sciences Po. As national news outlets win out over local......

Generac CEO says 5G rollout increases demand for backup power generation

CNBC
CNBC – For more and to sign up click here Generac CEO Aaron Jagdfeld told CNBC Monday that the backup power generator company expects to benefit from the adoption of 5G wireless technology. “We think that that’s a space that is going to grow tremendously over the next five years,”......

U.N. Secretary General calls for immediate Gaza ceasefire as civilian death toll increases

CNBC
CNBC – For more and to sign up click here Palestinians inspect their house, after it was destroyed by an Israeli airstrike, in the city of Rafah, in the southern Gaza Strip on May 16, 2021. Said Khatib | AFP | Getty Images United Nations Secretary-General Antonio Guterres on Sunday called......

IPL 2021 postponed as Covid-19 count increases

ESPN
IPL 2021 has been postponed, following several positive Covid-19 cases across franchises over the past couple of days. There is no official word yet on when or whether the remainder of the tournament will be staged, though BCCI vice-president Rajiv Shukla was emphatic it “will happen” and a decision would......

Clorox weighs price increases on products in response to inflationary costs

CNBC
CNBC – For more and to sign up click here Clorox is considering higher shelf prices for its cleaning products as the company confronts inflationary costs. In an appearance on CNBC Friday, CEO Linda Rendle told Jim Cramer the bleach producer, whose sales accelerated amid the ongoing health crisis, is......

Pelosi defends Biden’s proposed tax increases

Politico
Politico.com – For more and to sign up click here Republicans’ 2017 tax cuts that Pelosi referenced had a $1.5 trillion price tag over 10 years. Pelosi defended Biden’s proposed tax hikes, saying they don’t come from “any resentment against anybody for their success” and that Biden is “rewarding work”......

The Biden administration seeks to raise $2.5 trillion through corporate tax increases.

New York Times
The Biden administration unveiled its plan to overhaul the corporate tax code on Wednesday, offering an array of proposals that would require large companies to pay higher taxes to help fund the White House’s economic agenda. The plan, if enacted, would raise $2.5 trillion in revenue over 15 years. It......

Fee increases at Louisiana colleges, universities add thousands to cost of higher education

WashingtonExaminer
USA TODAY – For more and to sign up click here Colleges and universities have increased fees charged to students as lawmakers cut state spending on higher education, adding thousands of dollars to the cost of getting a degree, according to a new Louisiana Legislative Auditor report. Higher education leaders......

Louisiana departments of Wildlife and Fisheries, Environmental Quality to seek fee increases

WashingtonExaminer
USA TODAY – For more and to sign up click here The heads of two state agencies – one in charge of hunting and fishing, the other overseeing environmental protection – told the Senate Finance Committee on Wednesday they intend to seek higher fees. Jack Montoucet, who leads Louisiana’s Department......

Jefferies dramatically increases GameStop price target

Reuters
(Reuters) – Two months after a stock-buying frenzy sent shares of GameStop surging, analysts at Jefferies have raised their price target on the company nearly twelve-fold, making them a standout among those that cover the video game retailer. FILE PHOTO: A man walks in front of a GameStop store in......

Historic federal tax increases next up for Biden after $1.9 trillion spending bill

WashingtonExaminer
USA TODAY – For more and to sign up click here The Biden administration is reportedly planning what will be the largest hike in federal taxes in nearly three decades, a move that comes on the heels of a behemoth COVID-19 spending package. On the campaign trail, President Biden laid......

Some law enforcement could see pay increases, more benefits through Georgia bills

WashingtonExaminer
USA TODAY – For more and to sign up click here Georgia lawmakers are considering two bills that would increase pay and benefits for some law enforcement officers. Senate Bill 60 would modify current guidelines to pay public safety officers or their families if they have a heart attack or......

Biden administration increases weekly Covid vaccine shipments to states and pharmacies

CNBC
CNBC – For more and to sign up click here Workers move boxes containing the Pfizer-BioNTech Covid-19 vaccine as they are prepared to be shipped at the Pfizer Global Supply Kalamazoo manufacturing plant in Kalamazoo, Michigan on December 13, 2020. Morry Gash | AFP | Getty Images The Biden administration......

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