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☆ California to vote on hotly debated change in rooftop solar policy
▼ + stars: | 2022-12-15 | by ( Nichola Groom | ) www.reuters.com time to read: +3 min

[1/3] Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California, U.S. October 14, 2016. For decades, Californians with rooftop panels have been credited for excess power at or near the full retail electricity rate. Solar companies counter that the changes would slow new installations and threaten California's clean energy and climate change goals. California's three investor-owned utilities are Pacific Gas & Electric (PCG.N), Southern California Edison (EIX.N) and San Diego Gas & Electric (SRE.N). Customers installing solar with a battery, for example, would save about $136 a month under the plan, compared with $100 a month with just solar.

☆ Deutsche Bank says buy Nio, predicts shares can rally more than 70% as delivery volumes speed up
▼ + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Delivery volumes are gaining speed, and that could be a good thing for shares of Nio , Deutsche Bank said Thursday. Analyst Edison Yu opened a catalyst buy call on the electric vehicle stock, expecting an uptick in monthly sales for December. "Considering cumulative deliveries were 274,000 exiting Nov, this suggests production is ramping up nicely and 4Q guidance is very much achievable (43,000-48,000 units)." At its annual "Nio Day" later this month, the company should also reveal two new vehicle models, which Yu expects consumers to like. Despite a 62% slump this year, Nio shares could rally about 74% from Wednesday's close given the bank's $21 price target suggest.

☆ Neil Shah: Small cap companies are 'interestingly valued'
▼ + stars: | 2022-12-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeil Shah: Small cap companies are 'interestingly valued'Neil Shah, director at the investment research group Edison Group, explains why he likes one mining company that extracts metals such as platinum, palladium, and chrome.

☆ See the pitch deck that startup Assembly used to convince investors to bet $10 million on its approach to business software
▼ + stars: | 2022-12-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Assembly is a software app aimed at helping businesses manage their teams and projects. Here's the pitch deck it used to fundraise at an interesting time for the business apps category. Instead of splurging on a dozen business apps, they want "one single Swiss Army knife," said Hunter Walk, an Assembly investor. "One of the things we're trying to do is help you speed up your work," Purvis said, "and make it more delightful." Read the pitch deck Assembly used to woo clients and to land a preemptive funding offer in 2022:

☆ Shares of this under-the-radar global miner are set to rally 50%, analyst says
▼ + stars: | 2022-12-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares in Sylvania Platinum , a little-known London-listed miner, are set to rise by 50%, according to Ben Davis, mining analyst at Liberum Capital. The company, which extracts metals such as platinum, palladium, and chrome, also offers an 8% dividend yield. Shares in the company were trading around £1 ($1.21) Friday, but Davis sees them hitting £1.50 in 12 months. Sylvania Platinum is also favored by Neil Shah, director at the investment research group Edison Group. The metals the company extracts are bought by both investors and industrial customers, which means their prices are more resilient than other commodities during economic downturns.

☆ Adam Scott, Naomi Campbell, Aubrey Plaza among the celebrities honoring this year’s CNN Heroes
▼ + stars: | 2022-12-11 | by ( ) edition.cnn.com time to read: +2 min

CNN’s Anderson Cooper and ABC’s Kelly Ripa will co-host the 16th Annual CNN Heroes All-Star Tribute, premiering live at 8 p.m. The 2022 CNN Hero of the Year will be revealed during the live broadcast, selected by CNN’s audience from this year’s Top 10 CNN Heroes. ET on CNN, CNN International, CNN en Español or on CNNgo, the online streaming platform available on Apple TV, Roku, Amazon Fire, Chromecast, Samsung Smart TV and Android TV, and on CNN mobile apps. Supporters can make online donations to the Top 10 CNN Heroes’ nonprofit organizations directly from CNNHeroes.com. Keep an eye on CNN.com/heroes and consider nominating that person as a CNN Hero in 2023.

☆ Georgia runoff: Democratic U.S. Senator Warnock beats Trump-backed rival
▼ + stars: | 2022-12-07 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

With 99% of the estimated vote counted, he led Walker by 50.8% to 49.2%, according to Edison Research. The result cements Georgia as a battleground state certain to play a prominent role in the 2024 presidential election. Senator Raphael Warnock (D-GA) speaks during an election night party after a projected win in the U.S. midterm runoff election between Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. It is his second runoff victory in two years, after he won the seat in January 2021. Venkayla Haynes, 28, said Warnock's win was especially meaningful after months of organizing get-out-the-vote efforts for both the general election and then the runoff.

☆ Democratic U.S. Senator Warnock wins Georgia runoff, Edison Research projects
▼ + stars: | 2022-12-07 | by ( Nathan Layne | ) www.reuters.com time to read: +3 min

Senator Raphael Warnock won re-election in a hard-fought Georgia runoff on Tuesday, expanding his party's razor-thin majority as he turned back a challenge by Republican former football star Herschel Walker, Edison Research projected. With 97% of the expected vote counted and Warnock commanding a lead of 50.6% to 49.4%, Edison projected that Warnock had won reelection. Warnock's victory cements Georgia as a battleground state certain to play a prominent role in the 2024 presidential election. [1/17] Reverend Raphael Warnock, Democratic Senator for Georgia, delivers remarks during a visit at a campaign office during the midterm Senate runoff elections in Norcross, Georgia, U.S., December 6, 2022. It is the second runoff victory in two years for Warnock, who first won his seat in January 2021.

☆ Georgia runoff: Warnock and Walker neck and neck as results come in
▼ + stars: | 2022-12-07 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

With 72% of the estimated vote tallied, Warnock led Walker by 50.4% to 49.6%, according to Edison Research. The race was the most expensive of the 2022 U.S. midterm election season, with more than $400 million spent. [1/10] Reverend Raphael Warnock, Democratic Senator for Georgia, delivers remarks during a visit at a campaign office during the midterm Senate runoff elections in Norcross, Georgia, U.S., December 6, 2022. The truth is my opponent could still win this election," Warnock told a crowd in Norcross, Georgia, on Tuesday. This is the third Senate runoff in two years in the state - and the second for Warnock, who first won the seat in a runoff in January 2021.

☆ Democratic Senator Warnock faces challenge by Trump-backed Walker in Georgia
▼ + stars: | 2022-12-07 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

ATLANTA, Dec 6 (Reuters) - Polls closed on Tuesday in a hard-fought runoff election between Democratic Senator Raphael Warnock and Republican former football star Herschel Walker that will determine whether Democrats can expand their razor-thin Senate majority. With 10% of the estimated vote tallied, Warnock led Walker by 65% to 35%, according to Edison Research. [1/6] Local residents wait in line to cast their ballot during the runoff U.S. Senate election between Democratic Senator Raphael Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. The truth is my opponent could still win this election," Warnock told a crowd in Norcross, Georgia, on Tuesday. "I feel that Herschel Walker is unsuitable for the job, to say the least," he said.

☆ How Trump’s legacy became ‘pure poison’ for independents
▼ + stars: | 2022-12-06 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +16 min

Among female independents, Trump’s ratings were even worse: just 23% favorable and 72% unfavorable, according to previously unpublished exit poll results provided by the CNN polling unit. Trump’s unfavorable rating hit a comparable 69% among independents with at least a four-year college degree. That was a significantly smaller advantage than the double-digit lead among independents Democrats enjoyed in both the 2020 presidential race and the 2018 contest for the House. While Democrats held the presidency, Republicans won independents by double-digits in House elections in the midterms of 2014, 2010 and 1994. Gretchen Whitmer won 59% of the independents with degrees and 56% of women independents.

☆ The clean energy company turning city blocks greener
▼ + stars: | 2022-12-05 | by ( Jennifer Korn | ) edition.cnn.com time to read: +5 min

New York CNN Business —BlocPower, a Brooklyn-based clean energy company, is bringing eco-friendly, all-electric heating and cooling systems to older buildings in lower income communities, with the goal of reducing carbon footprints and energy bills. By replacing dated equipment like gas powered furnaces with heat pump systems, the company says it is able to dramatically change a building’s environmental footprint. Building owners that have turned to BlocPower say they see a real difference. BlocPower lowered bills, made the energy system quieter, cleaned the air and offered cooling solutions that tenants are thrilled with. “What needs to happen now is we need to shift gears and move the entire infrastructure of energy systems and buildings away from fossil fuels to clean energy,” said Baird.

The answer is simple, according to more than a dozen Washington insiders, FTX employees, and crypto industry observers who spoke with Insider. I don't think anyone believed that he was going to fund candidates who were, quote unquote, committed to ending pandemics who were also hostile to the crypto industry." Alex Wong/Getty ImagesRebuffed by the SEC, Bankman-Fried turned his attention to Congress. "It's not that he was welcoming regulation," says the senior figure in the crypto industry who attended meetings with Bankman-Fried. But while Bankman-Fried was busy wooing Washington, FTX was about to become Exhibit A in the case for more effective oversight of the crypto industry.

☆ Fact Check-Election Day turnout numbers do not account for Arizona early voting
▼ + stars: | 2022-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Data showing low Democratic turnout on Election Day does not account for early mail-in and ballot drop-off votes. One of the Uplift charts, titled “Maricopa County E-Day Check Ins,” shows 16.6% Democrat, 30.7% Other, and 52.7% Republican check ins at Election Day in Maricopa County. These included 250,000 (16%) in-person votes on Election Day, 290,000 (19%) early ballot drop-offs on Election Day and 1.02 million (65%) early ballots before Election Day. “The short answer to why this is incorrect is the data is from primary election day 8/2/2022,” Almy said. “Voters in the primary have no relevance to the general election.”Megan Gilbertson, communications director for Maricopa County, said “Maricopa County has not asserted either of the claims stated that article.”VERDICTMissing context.

☆ Investing in Space: A launch guide
▼ + stars: | 2022-11-25 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Earlier this year, Astra set out to launch a mission with its now-discontinued Rocket 3.3 vehicle. While that rocket would launch three days later (and suffer a mid-flight failure for a separate reason), that February abort sent Astra's stock down 13%. Stage: The sections of the rocket, typically identified as first or lower, second or upper, and so on. Scrub: Postponing a countdown and no longer attempting to launch at the previously set time.

☆ Fact Check-Election graphs published by Mike Lindell do not indicate U.S. voter fraud
▼ + stars: | 2022-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +9 min

A series of graphs published by My Pillow CEO Mike Lindell on his social media channels and livestreams appearing to show real-time U.S. midterm election updates do not indicate or prove fraud, experts told Reuters. Lindell published four graphs on his Instagram account purporting to show real-time vote counts during the elections. But such ‘spikes’ seen in graphs using unofficial election data do not indicate or provide proof of fraud, with races rarely officially called on election night (here). The four graphs appearing to show real-time midterm election data do not point to fraud or nefarious activity. Visualizing unofficial vote counts in real-time where the incoming data may be non-uniform in distribution can lead to apparent “spikes” in graphs, experts told Reuters.

☆ Fewer states than ever could pick the next president
▼ + stars: | 2022-11-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

Five states decided the last presidential race by flipping from Trump in 2016 to Joe Biden in 2020 – Arizona, Georgia, Michigan, Pennsylvania and Wisconsin. The Democratic and Republican presidential nominees have each carried 20 states in every election since at least 2008. Democrats did not demonstrate the capacity to threaten any of the GOP’s core 20 states, as Republicans did in Nevada. A race with just Wisconsin, Nevada, Georgia and Arizona as true battlegrounds would begin with Democrats favored in states holding 260 Electoral College votes (including Washington, DC) and Republicans in states with 235. After 2022, the list of genuinely competitive presidential states may be shrinking, but, if anything, that could increase the tension as the nation remains poised on the knife’s edge between two deeply entrenched, but increasingly antithetical, political coalitions.

"Donald Trump is the only Republican that would lose" in 2024, he said. Trump launched a fresh campaign for the Republican nomination on Tuesday, before the final midterm votes have even been tallied. "We have to stay strong and we have to fight and frankly, you better hope a certain person wins the election in 2024," Trump said to cheers. The man who could pose the largest threat to Trump, DeSantis, also received a fervent response as the final featured speaker on Saturday night. Trump's false claims that the 2020 election was fraudulent had "diminished" the party, he said.

☆ U.S. Looks to Buy Private Icebreaker to Help Patrol Contested Arctic
▼ + stars: | 2022-11-19 | by ( William Mauldin | Doug Cameron | ) www.wsj.com time to read: 1 min

The U.S. government is looking to buy a secondhand icebreaker so the Coast Guard can boost its presence around Alaska. The U.S. government is looking to buy an icebreaker from a private energy services company to bolster its presence in the waters around Alaska, according to congressional aides. The plan is for the U.S. Coast Guard to acquire the Aiviq icebreaker from Edison Chouest Offshore, the aides said. Congress is close to approving funding to buy and outfit the used ship, which is estimated at $125 million to $150 million, they added.

[1/3] U.S. Representative Lauren Boebert (R-CO) waves after speaking at the Conservative Political Action Conference (CPAC) in Dallas, Texas, U.S., August 6, 2022. REUTERS/Brian SnyderNov 18 (Reuters) - U.S. Representative Lauren Boebert, the polarizing Republican who gained national notoriety during her first term with her combative brand of politics, won re-election in a surprisingly close race after her Democratic opponent conceded on Friday. House Republicans will be able to block much of Democratic President Joe Biden's agenda. She went on to defeat a five-term incumbent Republican in that year's primary and won the seat in the general election. On Friday, Boebert wrote on Twitter that Frisch had called her to concede and added, "I look forward to getting past election season and focusing on conservative governance in the House majority.

They won a narrow House majority, having won the 218 seats needed, with eight still uncalled. McConnell and Scott both addressed the gathering, which included newly elected Trump-backed Senate Republicans, including J.D. [1/5] U.S. Senate Republican leader Mitch McConnell walks to his office at the U.S. Capitol building in Washington, U.S., November 15, 2022. In the House, conservative Republicans continued to bash party leader Kevin McCarthy, a day after he overcame a challenger for the chamber's top job of House speaker. While Senate Republicans met in the morning to vote for party leaders, House Republicans met later in the day to consider chamber rules for the next Congress.

☆ Democrat Bass wins race for Los Angeles mayor, defeating Caruso
▼ + stars: | 2022-11-17 | by ( Dan Whitcomb | ) www.reuters.com time to read: +2 min

LOS ANGELES, Nov 16 (Reuters) - Karen Bass, a Democratic U.S. congresswoman, was projected on Wednesday to beat Rick Caruso in the race for Los Angeles mayor, becoming the first woman to lead the nation's second-largest city. Caruso, a former Republican, also ran as a Democrat in deeply liberal Los Angeles, and the hard-fought campaign was too close to call until a full week after Election Day. Bass was heavily outspent by Caruso, a 63-year-old billionaire who reportedly used more than $100 million of his own money in the campaign. She succeeds outgoing Mayor Eric Garcetti, a Democrat and son of Gil Garcetti, the man who prosecuted O.J. Tom Bradley, the first Black mayor of Los Angeles, served two decades in the job, from 1973 to 1993, and the international terminal of Los Angeles International Airport was named after him.

☆ Republicans win U.S. House majority, setting stage for divided government
▼ + stars: | 2022-11-16 | by ( Richard Cowan | ) www.reuters.com time to read: +6 min

[1/3] House Republican Leader Kevin McCarthy (R-CA) speaks to reporters after McCarthy was nominated by fellow Republicans to be their leader or the Speaker of the House if they take control in the next Congress, following House Republican leadership elections at the U.S. Capitol in Washington, U.S., November 15, 2022. REUTERS/Michael A. McCoyWASHINGTON, Nov 16 (Reuters) - Republicans were projected to win a majority in the U.S. House of Representatives on Wednesday, setting the stage for two years of divided government as President Joe Biden's Democratic Party held control of the Senate. Even though the expected "red wave" of House Republicans never reached shore, conservatives are sticking to their agenda. The 2024 election will immediately influence many of the legislative decisions House Republicans pursue as they flex their muscles with a new-found majority, however narrow. House Republican Leader McCarthy on Tuesday won the support of a majority of his caucus to run for the powerful position to succeed Nancy Pelosi.

Several Biden aides and advisers, speaking on condition of anonymity, gave their assessment of how the president and his team view Trump's entry into the race. Trump made his announcement on Tuesday night as he sought to get a jump on potential rivals for the Republican nomination. Biden, who defeated Trump in the contentious 2020 election, thus far is remaining mum publicly. Biden defeated Trump by more than 7 million in the nationwide popular vote tally and by a margin of 306 to 232 in the state-by-state Electoral College that determines the outcome of presidential elections. A few hours before Trump's announcement, the White House launched a new webpage highlighting the Biden administration's achievements from creating manufacturing jobs and lowering drug prices for seniors to gun reform.

☆ Analysis-Trump is still Trump and that could be a problem for him in 2024
▼ + stars: | 2022-11-16 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

Former U.S. President Donald Trump makes an announcement of his plans to run for president in the 2024 U.S. presidential election at his Mar-a-Lago estate in Palm Beach, Florida, U.S. November 15, 2022. In a series of Republican Party primaries this year, Trump played the role of kingmaker, largely succeeding in his efforts to boost like-minded candidates. As Florida’s governor, DeSantis has fought against abortion rights, social media companies and the teaching of race and gender in the classroom. To some Republicans, DeSantis at age 44 looks more like their party’s future than Trump does. Add to the mix Pence and former Secretary of State Mike Pompeo, who may appeal more to establishment-minded Republicans than Trump does.

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