Plug Power forecasts Q1 loss near eight cents per share
Plug Power, the hydrogen fuel cell maker based in Latham New York, is expected to report an eight cent per share loss for the January March quarter down from twelve cents a share in the year ago period. Shares have fallen about 12 this year as analysts expect ongoing losses through 2026.
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FactSet
Plug Power
Eviction Concern Rises As Protections Expire
Kelli Lloyd a 43 year old single mother says she has not worked consistently since March 2020 and notes the July 1 rent demand is unfair. Federal eviction protections expire June 30 adding pressure on tenants statewide.
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Kelli Lloyd
Stocks rebound as Fed hints at tighter policy later
Wall Street recovered from last week's losses with broad gains as markets priced in the Fed's signal of reduced support and potential rate increases by late 2023. Oil producers and banks led the rise while majors evaluated implications of the central bank policy shift. Clearlake Capital-backed Unitrax agreed to acquire the engineered products company for about 1.3 billion dollars, and Westlake Chemical announced a 2.15 billion dollar building products deal with Boral’s North American arm.
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Spielberg Amblin to Produce Several Films a Year for Netflix
New York AP Stephen Spielberg and Amblin Partners struck a deal with Netflix to produce multiple feature films annually for the streaming service. The agreement does not specify Spielberg directing duties. Spielberg will yet release West Side Story in theaters this December.
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White House ramps up campaign for expanded child tax credit
Vice President Harris spoke at a Pittsburgh recreation center as the White House promotes the new expanded child tax credit set to pay monthly starting July. The program, run with churches and schools, directs $3,000 to $3,600 per child annually via child tax credit.gov.
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Washington
White House
Kamala Harris
Pittsburgh
Facebook launches podcasts and live audio rooms in U S
Menlo Park California AP Facebook unveils podcasts and live audio streams in the United States enabling public figures with verified accounts to host live rooms and invite speakers. CEO Mark Zuckerberg has hosted a live audio room on his Facebook page. The format raises concerns over racism misinformation and extremism and moderation challenges compared with posts.
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Calif
Facebook
U.S
Mark Zuckerberg
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