Anonymous ID: 8ef631 July 2, 2020, 8:01 a.m. No.9825064   🗄️.is đź”—kun   >>5103 >>5318 >>5483

R50338 US Army Dash 8 with a quick trip out to George Washington National Forest and back to Manassas, VA

 

MAGMA89 Dornier C-146A sw from Tampa Int'l heading for Honduras or El Salvador-this AC did a rt from Tampa to Ft. Bragg, NC yesterday

Anonymous ID: 8ef631 July 2, 2020, 8:11 a.m. No.9825188   🗄️.is đź”—kun   >>5318 >>5483

U.S. factory orders rebound in May

 

New orders for U.S.-made goods rebounded in May, suggesting a turnaround in manufacturing, though business spending will likely contract again in the second quarter amid cheaper crude oil as the COVID-19 pandemic depressed global growth.

 

The Commerce Department said on Thursday factory orders increased 8.0% after falling 13.5% in April. Economists polled by Reuters had forecast factory orders increasing 8.9% in May.

 

Factory orders dropped 10.3% year-on-year in May. Manufacturing, which accounts for 11% of U.S. economic activity, appears to be regaining its footing, but a resurgence in coronavirus cases amid the reopening of businesses threatens the budding recovery.

 

The Institute for Supply Management reported on Wednesday that its measure of national factory activity jumped to a 14-month high in June.

 

Unfilled orders at factories nudged up 0.1% in May after falling 1.5% in April. Inventories at factories rose 0.2%, while shipments of manufactured goods increased 3.1%.

 

Transportation equipment orders soared 82.0% in May after tumbling 48.9% in the prior month. Orders for motor vehicles and parts gained 28.3%. Machinery orders rose 0.5%. Orders for electrical equipment, appliances and components increased 1.0%.

 

The government also reported that orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, rose 1.6% in May instead of increasing 2.3% as reported last month.

 

Shipments of core capital goods, which are used to calculate business equipment spending in the GDP report, increased 1.5% in May, instead of rising 1.8% as previously reported. Economists expect business spending to contract in the second quarter, the fifth straight quarterly decline.

 

The Atlanta Federal Reserve is forecasting gross domestic product plunging at a record 36.8% annualized rate in the April-June quarter. The economy contracted at a 5.0% rate in the first quarter, the sharpest decline since the 2007-09 recession.

https://www.reuters.com/article/usa-economy-manufacturing/u-s-factory-orders-rebound-in-may-idUSL1N2E82KV

Anonymous ID: 8ef631 July 2, 2020, 8:33 a.m. No.9825447   🗄️.is đź”—kun

Best Buy, Inc founder/former CEO and chair of BoD sold: $86.29m-June 26,29,30

 

Best Buy Co., Inc specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:

  • the United States (91.9%): activity insured, at 01/02/2020, through a network of 998 stores distributed by names mainly between Best Buy (997) and Pacific Sales (21);

  • Canada (7.2%): 173 stores distributed between Best Buy (131) and Best Buy Mobile (42);

  • other (0.9%).

 

Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca). Number of employees : 125 000 people.

https://www.marketscreener.com/BEST-BUY-CO-INC-11778/company/

https://www.finviz.com/insidertrading.ashx?oc=1006394&tc=7&b=2

 

Schulze Family Foundation

 

Schulze has long supported nonprofit organizations in the Twin Cities and Minnesota. He and Sandy established the Richard M. and Sandra J. Schulze Family Fund in the mid-1990s as their main vehicle for donations to Twin Cities’ social service charities related to health care, education and family. Sandy died in 2001 from mesothelioma, a rare cancer caused by asbestos exposure.

 

A desire to identify and fund “transformative changes benefitting mankind” led Schulze to start The Richard M. Schulze Family Foundation in 2004. In June 2013, Schulze announced plans to gradually expand the Foundation from $100 million to about $1 billion. Schulze chairs the Foundation’s board of trustees.

https://www.schulzefamilyfoundation.org/our_founder/