Atlanta Dream was bought to Larry Gottesdiener after the Kelly Loeffler controversy

Renee Montgomery of the Atlanta Dream.

Adam Pantozzi | National Basketball Association | Getty Images

Kelly Loeffler, the former U.S. Senator who lost her seat in the Georgia runoff election last month, is no longer a WNBA team owner.

The Women’s National Basketball Association announced Friday that it and the NBA Board of Governors unanimously approved the sale of the Atlanta Dream to Larry Gottesdiener, chairman of Northland real estate company.

Other team investors include former dream star Renee Montgomery and Northland President and COO Suzanne Abair.

“With the unanimous WNBA and NBA votes, today marks a fresh start for the Atlanta Dream organization and we are delighted to welcome Larry Gottesdiener and Suzanne Abair to the WNBA,” said WNBA Commissioner Cathy Engelbert in a statement . “I admire her passion for women’s basketball, but most of all I am impressed by her values.”

In a media call about the sale, Engelbert said Montgomery was a huge “win” for the new owners. She called Montgomery a “pioneer who made a huge impact both in the game and beyond”. Montgomery, 34, played 11 years in the WNBA, including two seasons on the franchise, in 2018 and 2019, before retiring on February 9.

“I want to keep growing and we will continue to build momentum in Atlanta for Atlanta Dream,” said Montgomery on the conference call.

Conditions of sale were not provided.

However, the sports bankers paint a picture of the WNBA team ratings and estimate the sale of a bigger market team – the New York Liberty – in 2019, which will sell in the $ 10 million to $ 14 million range. Brooklyn Nets owner Joe Tsai now owns the team.

When asked by CNBC to confirm whether sales fell within the price range, Engelbert said the terms are “confidential,” but added, “We look forward to continuing the transformation to include all elements of the WNBA for us all Our franchises can offer added value and a valuation for the future. “

Atlanta owner Kelly Loeffler (right) speaks to Dream General Manager Chris Sienko (left) during the WNBA game between the Las Vegas Aces and the Atlanta Dream on September 5, 2019 at State Farm Arena in Atlanta, GA.

Rich von Biberstein | Icon Sportswire | Getty Images

In 2011 Loeffler and Mary Brock took over the majority stake in Dream after the owner at the time, Kathy Betty, left the group of owners in 2011.

Loeffler hit the headlines in July 2020 after speaking out against support for the social justice team for blacks after multiple high profile police murders.

The Dream wore shirts that supported the Black Lives Matter movement and remembered Breonna Taylor, who was killed by police in Louisville, Kentucky last March. Loeffler wrote to Engelbert to oppose the team’s support for the movement and suggest that the players wear American flags on their shirts instead.

Following the letter, Dream players used their platform to support their Jan 5 runoff opponent, now US Senator Raphael Warnock. The players wore “Vote Warnock” shirts, which reportedly raised over $ 236,000 for his campaign.

On January 19, reports surfaced that a sale of the dream had been completed.

“That is now a thing of the past, we look to the future and a new beginning for the dream players and, to be honest, for the WNBA,” said Engelbert.

The Dream ended 7-15 last season and failed to make the playoffs. The team will select third place in the 2021 WNBA draft.

“It is a privilege to join a team of inspiring women who seek excellence on the pitch and justice off the pitch,” said Gottesdiener. “I would like to thank Commissioner Engelbert, Commissioner (Adam) Silver, and the boards of governors of the WNBA and the NBA for the opportunity.”

Senator Bob Casey calls the Republican Celebration a “joke” for refusing to help COVID

Senator Bob Casey (D-PA) did not hold back Republicans on Saturday, calling the party a joke for speaking out against COVID relief after passing a massive tax cut on the rich in 2017.

“The tax bill they passed in 2017 wasn’t just bad, it was profanity,” Casey said. “The Republican Party on financial responsibility is a joke. You have no credibility in this regard. “

Democratic lawmakers said the GOP’s opposition to COVID aid had nothing to do with government spending. Instead, the real beef is the GOP on the bill that it helps average Americans, not wealthy Republican donors.

“They only cry over the financial responsibility of helping workers and people across the country,” Casey said.

Video:

Senator Bob Casey on the GOP’s opposition to Biden’s incentive: “The Republican Financial Responsibility Party is a joke. You have no credibility in this regard. “Pic.twitter.com/LzuTgdg1Ss

– PoliticusUSA (@politicususa) February 27, 2021

Senator Casey said:

Hard law was adopted by the Republican Party about a decade ago, but at least for the past five years, and the tax return they passed in 2017 wasn’t all bad, it was an obscenity. I’ve said that more than once. The people who were reluctant to fill up debts and deficits in order to give large corporations permanent tax breaks and give the super-rich a break suddenly rediscovered fiscal responsibility. The Republican Party on Tax Responsibility is a joke. You have no credibility in this regard. It’s only when a democratic president is in office. And they only cry over the financial responsibility of helping workers and people across the country. It’s “Katy, open the door” when they want to give their company friends a break.

The GOP made a joke on itself

The Republican Party has tried for decades to assume the cloak of fiscal responsibility while running massive deficits in any control over the White House.

This was especially true in the Trump era when they raised nearly $ 2 trillion on a massive tax gift for the richest businesses and individuals.

Now that Joe Biden is in the White House, the Republican Party is ridiculously trying to convince the American people that they are back on government spending.

The Republican Party may have joked itself about it, but there is nothing funny about the millions of people who suffer when the GOP tries to prevent significant relief.

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Sean Colarossi currently resides in Cleveland, Ohio. He received his Bachelor of Arts in Journalism from the University of Massachusetts Amherst and was an organizing fellow for both of President Obama’s presidential campaigns. He also worked with Planned Parenthood as the Outreach Organizer of the Affordable Care Act in 2014, helping Northeast Ohio residents get health insurance.

The reality about these slaps: 15 secrets and techniques from the monster-in-law

1. A productive time for self-discovery

When she got the monster in law script Jane Fonda hadn’t been in a movie in 15 years. Her most recent film was Stanley & Iris from the 1990s, after which she married the media mogul and the CNN founder Ted Turner and immediately retired from acting. In a 2013 CNN interview, Fonda recalled Turner telling her on the second date, “If this is going to work, you’ll have to give up your career.” I think that’s a bit early in the relationship for that. “The conversation moved on to other matters, and then Turner came back with,” I’ve just found that you are not going to quit your career until you win an Oscar. “I said, ‘Ted, I have two.’ “

“I was going to do it anyway,” she insisted, “so it was part Ted, part something I wanted too.”

In 2005, she told LiveAboutDotCom about her decision to retire from acting 15 years earlier: “It had become an ordeal. I wasn’t happy inside as a woman and I kind of denied it and was kind of cut off from my emotions. I lived on Willpower and it’s very hard to be creative when you live on willpower. My last two or three movies were just torture and I said I don’t want to be scared anymore. Then I met Ted Turner and I didn’t have to. “

After they divorced in 2001, “I was celibate for seven years,” Fonda Forbes shared in 2011, “and I found that I was fine.”

She and Turner remained friends even though Turner was a serial cheater, according to Fonda’s 2005 memoir, My Life So Far. Still, “It was really hard to leave – I was 62 years old and no longer had a career,” Fonda recalled The New Yorker in 2018. “I didn’t have to work, I was looked after. And yet I knew that if I stayed, I would never become who I should be as a whole person, a truly authentic person. And I tried to to explain to him, but he doesn’t really understand. “

Lydall’s CEO sees a growth in demand for its filtration materials past the pandemic

Sara Greenstein, CEO of Lydall, told CNBC’s Jim Cramer on Friday that the company is working with the White House in Biden to replenish the national supply of personal protective equipment and she expects the demand for specialty filtration products to grow beyond the pandemic will be.

Based in Manchester, Connecticut, the company manufactures specialty filtration material used in N95 respirators and surgical masks. These products are especially important to the healthcare sector and frontline workers during a health crisis.

Greenstein said in a “Mad Money” interview that President Joe Biden’s administration is “making active efforts” to build a strategic supply.

As part of his first steps after taking office last month, President Joe Biden invoked the Defense Production Act to strengthen supply chains for PPE and replenish US inventories. Lydall won a $ 13.5 million federal contract last summer under the previous administration to increase domestic production of meltblown air filtration media, a fabric component in N95 respirators made to protect against germs.

The company expanded capacity to meet demand for materials, with one line running at full capacity and selling out “for the foreseeable future,” Greenstein said. Two more lines should be in operation by the third quarter, she said.

The increased production allows Lydall to make enough material to make 140 million N95 masks a month, up from about 21 million a month about a year ago. The company has announced that the US will require approximately 2 billion breathing apparatus per year. The demand for surgical masks and other consumer masks is expected to remain elevated beyond the pandemic.

“We assume that national inventories around the world, including here in the US, will need to be rebuilt and replenished, which is why we expect strong demand for well-made PPE at least until the end of 2022,” said Greenstein.

Lydall is also a provider of thermal and acoustic products, including for building and auto end markets. The 150-year-old company, with sales of $ 622 million, had sales of $ 764 million in 2020, a decrease of nearly 9% year over year.

PPE manufacturing was Lydall’s primary focus last year, but indoor and outdoor air quality products will be a major driver of post-pandemic business, as it was before Covid-19.

Specialty filtration is a key component of the growing indoor air quality market, and a move to higher efficiency filtration is only expected to accelerate as new and stricter standards are introduced around the world, Greenstein said.

Bringing their employees back to the office alone will create an estimated $ 3 billion market alone, Greenstein said, adding that another $ 15 billion market will emerge as buildings get new codes.

“The demand for higher performing specialty filtration solutions will eclipse the demand we see today for PPE,” she said.

Prior to the coronavirus pandemic, Lydall sales rose double digits in 2017 and 2018 before rising 6.6% to $ 837.40 million in 2019. The company had net income of more than $ 70 million for the past two years, but had net income of at least $ 20 million going back to 2014.

Lydall stock rose 4% on Friday to $ 34.83 at close of trading. The stock is up 16% in the first two months of the year and has expanded its earnings after rising 46% last year.

Chinese language electrical automotive start-up Li Auto expects to promote lower than Nio

A Li Xiang One Hybrid SUV is on display during the 18th Guangzhou International Auto Show in Guangzhou, China on Nov 23, 2020.

Li Zhihao | Visual China Group | Getty Images

BEIJING – Chinese automaker Li Auto, listed on the Nasdaq, is forecasting deliveries in the first quarter that will be below those of its competitors.

Li Auto announced late Thursday that it is expected to deliver between 10,500 and 11,500 cars, or fewer than 4,000 vehicles per month, for the first quarter of the year. Shares fell 9.8% in the New York trading session on a wider market sell-off. The stock lost another 3.75% in over-the-counter trading.

Nio, which competes directly with Li Auto in the high-end SUV market, shipped more than 7,000 units in both December and January. The company will release its latest financial report on Monday.

Xpeng shipped 5,700 cars in December and more than 6,000 in January.

Although the numbers of startups suggest rapid growth, they still pale in comparison to Tesla. Elon Musk’s electric car company shipped nearly half a million vehicles worldwide last year, which is an average of more than 41,000 cars per month.

Despite the New Year holiday in mid-February this year, Li Auto’s poor forecast is worrying, said Tu Le, founder of Beijing-based consulting firm Sino Auto Insights.

He pointed out that the company only has one product compared to the other startups and that it should deliver at least 5,000 to 7,000 vehicles a month to keep up.

Li Auto’s only vehicle, the Li One, is a hybrid electric vehicle equipped with a fuel tank to charge the battery.

Analysts have said the feature makes the Li One attractive to Chinese consumers who are concerned about running out of power without access to a charging station.

Last year, the Li One was one of the top 10 high-end SUVs sold in China, regardless of the fuel type, according to the passenger car association. However, the company announced that January shipments fell from 6,126 the previous month to 5,379 units.

The company reported total revenue of 4.15 billion yuan ($ 635.5 million) for the fourth quarter, compared with 2.51 billion yuan in the previous quarter.

Li Auto expects total sales for the first three months of this year to be in line with the last two quarters, with an expected range of 2.94 to 3.22 billion yuan.

The FDA panel unanimously recommends emergency use

A key advisory body to the Food and Drug Administration unanimously endorsed Johnson & Johnson’s emergency single-shot coronavirus vaccine on Friday. This is a critical step that paves the way for a third preventive treatment to be distributed in the US next week.

The non-binding decision, made 22-0 by the FDA’s Advisory Committee on Vaccines and Related Biological Products, comes because the Biden government is working to increase the supply of vaccine doses and get Americans vaccinated as soon as possible. US health officials are increasingly concerned about new emerging variants of the virus, particularly South African strain B.1.351, which has been shown to reduce the effectiveness of vaccines on the market and under development.

The head of the Centers for Disease Control and Prevention, Dr. Rochelle Walensky, warned earlier on Friday that the decreases in Covid-19 cases reported in the US since early January could flatten as the variants continue to spread.

“In the past few weeks, cases and hospital admissions in the US have decreased since early January, and deaths have decreased over the past week,” Walensky said during a press conference at the White House. “However, the latest data suggests that these declines may stall and possibly weaken if a number is still very high.”

Scaling-up vaccinations could help mitigate the effects of the highly contagious variants, Adam MacNeil, epidemiologist at the CDC, said during a presentation the Friday before the vote. He added that the US “isn’t getting close” to herd immunity, but vaccination may help “bring us closer to closing the herd immunity gap”.

The FDA advisory panel plays a key role in approving flu and other vaccines in the United States and verifying that the vaccines are safe for public use. While the FDA does not have to follow the advisory board’s recommendation, it often does. At a similar request from Pfizer and Moderna, the FDA approved these companies’ vaccinations the day after the committee endorsed approval for emergency use. If J&J follows the pattern, a third vaccine could be approved on Saturday.

After the vote, Dr. Archana Chatterjee, an infectious disease expert at Chicago Medical School and voting committee member, said J & J’s vaccine will help “meet the needs of the moment” as states complain that there is insufficient supply Pfizer and Moderna gives vaccinations.

“We have to get this vaccine out now,” said Dr. Jay Portnoy, professor at UMKC School of Medicine and voting committee member, after the vote. He added, “We are in a hurry” as the variants pose a threat to the nation’s progress on the pandemic.

Initially the doses would be limited. The U.S. plans to ship 3 to 4 million doses of J & J’s vaccine to states, pharmacies and community health centers next week pending FDA approval, President Joe Biden’s Covid czar Jeff Zients told reporters on Wednesday . The company expects to drop 20 million doses by the end of March, said Dr. Richard Nettles, vice president of medical affairs in the US, told the House legislature on Tuesday. J&J has signed a contract with the US government to deliver 100 million doses of its vaccine by the end of June.

Federal and state health officials have been eagerly awaiting approval of J & J’s vaccine. Unlike Pfizer and Moderna’s vaccines, which require two doses three to four weeks apart, J&J only requires one dose, which makes logistics easier for healthcare providers. J & J’s vaccine, unlike the other two vaccines, which must be stored at subzero temperatures, can also be stored at refrigerator temperatures for months.

J & J’s single-dose vaccine “is easier to use in many contexts,” said Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases of the CDC, told the Journal of the American Medical Association during a question and answer session Friday. “I suspect that much of the national health consideration given to these vaccines is more about the ease of use of the J&J vaccine and how it might be better suited to some populations.”

An EUA means that the FDA allows some people to receive the vaccine while the agency continues to analyze data. This is not the same as a full approval which requires more data and which can typically take several months longer. J&J, like Pfizer and Moderna, has only submitted safety data for two months, but the agency typically takes six months for full approval. The company is asking the FDA to approve use of the vaccine in people 18 years and older.

J&J submitted its Covid vaccine data to the FDA on February 4th. The vaccine’s level of protection varies from region to region, J&J said, with the shot showing an effectiveness of 66% overall, 72% in the US, 66% in Latin America and 57% in South Africa, where variant B.1.351 is spreading rapidly. However, FDA staff records indicate that the vaccine was 64% effective in South Africa after about a month. The company said the vaccine prevented 100% of hospital stays and deaths.

The FDA has announced that it will approve a Covid-19 vaccine that is safe and at least 50% effective. In comparison, the flu vaccine generally reduces the risk of developing influenza by 40% to 60% compared to people who were not vaccinated, according to the CDC.

FDA officials on Wednesday approved J & J’s vaccine and stated in documents that the clinical trial results and safety data “are in line with recommendations in the FDA’s guidelines on approving the emergency use of vaccines to prevent COVID-19 “.

The FDA report found no specific safety concerns for the vaccine when analyzed by age, race, and comorbidity. Headache, fatigue, and muscle pain were some of the most common side effects in people who received the vaccination, the report said. There have also been reports of nausea, fever, and pain at the injection site.

Macaya Douoguih, director of clinical development and medical affairs for the vaccines division at J & J, Janssen, told the FDA panel on Friday that two people had severe allergic reactions shortly after receiving the vaccine. One of the people participated in an ongoing study in South Africa and developed anaphylaxis, a severe and life-threatening allergic reaction.

The FDA report says there have been some cases of Bell’s palsy, a condition in which half of your face falls off but was “balanced” with the number in the general population. The FDA previously announced that the condition would be monitored in vaccine recipients after flagging it as a potential problem with Pfizer’s shots, and noted that this isn’t necessarily a side effect, but it is worth looking out for.

CNBC’s Hannah Miao contributed to this report.

Keke Palmer and her Boo found on a small date!

Alexa, play Booed by Ella Mai, because that’s exactly what Keke Palmer and her boyfriend are!

Keke Palmer had a nice date with her boyfriend Styn. Keeks and Styn had coffee at the Blue Bottle in Hollywood over the weekend, and they didn’t shy away from showing their love.

Splash News

Keke and Styn strolled hand in hand and masked through the streets. As you can see, the two have chosen to sit on a bench and enjoy each other’s company while loving each other.

It looks like Keeks is grateful for this coffee as she put that kiss on her husband with every ounce of fabulousness!

Keke Palmer friendSplash News

We previously reported that Keke clapped back on people who were Criticizing their interracial relationship.

At the time, Keke had posted a video kissing her husband and some of her fans had a lot to say.

“I see a lot of people who live this way, but choose differently,” tweeted Keke in the middle of the viral video. A fan immediately replied, “How do you?” Keke Palmer was not here because of this comment and replied, “Sorry, sister. I’m not in the mood for pseudo-shards ”.

Find out more below!

Is love in the air for you as it is for Keke Palmer and her boyfriend Styn?

Would you like tea right in your inbox? Hit us at 917-722-8057 or Click here to take part!

Home fingers over $ 1.9 trillion in coronavirus stimulus invoice

House Speaker Nancy Pelosi (D-CA) speaks at a weekly press conference at the U.S. Capitol on February 18, 2021 in Washington, DC.

Tasos Katopodis | Getty Images

Parliament passed its $ 1.9 trillion Coronavirus Ease Act early Saturday and sent the massive proposal to the Senate as Democrats rush to approve more aid before unemployment programs expire.

It is President Joe Biden’s first major legislative initiative. The House agreed to this in a vote between 219 and 212 as two Democrats joined all Republicans in opposing it.

Senators will consider the pandemic support plan next week. Legislators will propose changes, and the House will likely pass a different version of the bill, which means the House would have to pass the Senate’s plan or the Houses would have to work out a final proposal in a conference committee.

Democrats, who have a close majority in the House and Senate, chose to pass the legislation through budget balancing alone, rather than working out a smaller bailout with Republicans. The procedure enables a law to be passed with a simple majority in the Senate.

The house plan includes:

  • Payments of $ 1,400 to most people, along with the same amount for each dependent. Checks begin to expire on income of $ 75,000 and go to zero for those earning $ 100,000
  • A $ 400 weekly unemployment benefit through August 29, plus an expansion of programs to increase the number of millions of people eligible for unemployment benefits
  • An extension of the child tax credit to give families up to $ 3,600 per child over a year
  • $ 20 billion for distribution of Covid-19 vaccines and $ 50 billion for testing and tracking efforts
  • $ 350 billion for state, local, and tribal government
  • $ 25 billion to help cover rental payments
  • $ 170 billion for K-12 schools and higher education institutions to cover reopening costs and student support
  • A minimum wage of $ 15 an hour that the Senate MP does not allow in the Atonement Act on the other side of the Capitol

Democrats have named the bill needed to speed up vaccinations – a crucial step in resuming a certain amount of pre-pandemic life – and feed households at a time when around 19 million people are receiving unemployment benefits.

“The time for decisive action is long overdue” House spokeswoman Nancy Pelosi, D-Calif., Said Friday night before the vote. “President Biden’s American bailout is that crucial move.”

Republicans questioned the need for such a large proposal, particularly critical of the size of direct payments, state and local support, and school funding. Earlier on Friday, House Minority Chairman Kevin McCarthy, R-Calif. Claimed the legislation was “not an auxiliary bill” and “does not deliver for American families.”

The Biden government and Democratic leaders in Congress said the country had a greater risk of doing too little than putting too much money into responding. Some economists have also questioned the scope of the bill.

Senate Democrats face greater challenges than the House in getting the laws passed. While the party can approve the law itself, every Democrat must endorse it in the Senate, which is 50% split.

Democrats also need to decide how to proceed with minimum wage policy without losing any support. After the Senate MP ruled that under the reconciliation rules, the bill could not include a lower wage limit of $ 15, Chuck Schumer, DN.Y., and Sens. Ron Wyden, D-Ore., And Bernie Sanders, I-Vt searched for a workaround to impose a tax penalty on large corporations that don’t pay workers at least $ 15 an hour.

It’s unclear whether the proposal would meet the Senate’s budget constraints.

Vice President Kamala Harris also appears to be opposed to overriding MEP Elizabeth MacDonough, which some progressives have suggested.

Pelosi said earlier Friday that she believes the House will “absolutely” pass the relief bill if it comes back from the Senate without a minimum wage increase. She told reporters that the Democrats will try to pass the wage increase through a separate plan if necessary.

“We won’t rest until we pass the $ 15 minimum wage,” she said.

This story evolves. Please try again.

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February’s job report may result in a tsunami of gross sales.

CNBC’s Jim Cramer said he was encouraged by the trading activity he saw in technology and growth stocks as the market continued to grapple with fears that inflation would rise on Friday.

He cautioned, however, that investors should be prepared for how the market might react to the February work report due out late next week.

“If we get any strength here at all, please be prepared for another tsunami of sales when interest rates rise and stocks fall,” said the host of Mad Money, predicting this will be a major interest rate move on the bond is market would shoot. “Without ugly numbers, growth stocks are in trouble.”

Cramer commented after the market closed lower for the second straight week as the bond sale turned into stocks.

The Dow Jones Industrial Average fell nearly 470 points on Friday, falling 1.5% to 30,932.37. The index also ended the week down 1.78%.

The S&P 500 fell 0.48% to 3,811.15, down 2.45% this week.

Though the day ended up 0.56%, the tech-heavy Nasdaq Composite suffered the most this week after falling nearly 5% to 13,192,345. Friday’s surge was due to a rebound in big tech stocks.

“I don’t know if the growth names can withstand the pain, but today’s meeting gave us a glimmer of hope that they can still make some profit amid inflation fears,” said Cramer. “If you don’t like the pain … you might want to take advantage of moments like this on the Nasdaq, take profits and prepare for a Friday swoon and be ready to buy stocks like Costco.”

The US Treasury’s 10-year return, a key metric in consumer credit interest rates, fell nearly 1.4% on Friday, after surpassing 1.6% the previous day for the first time in about a year. The increase was due to the sale of bonds.

If rates fall, major industrials will lose momentum, as seen in the Dow’s fall, but cloud, semiconductor and cybersecurity stocks have been positive, Cramer said.

Bond investors who cut their holdings are betting that the Federal Reserve could change their minds and raise the policy rate from near zero when the economy recovers from the pandemic-triggered recession, he added.

“Inflation is a nightmare for people who own bonds. Who wants a piece of paper that pays 1.5% when inflation could break 2%? They lose every day,” Cramer said. “That’s why these people dumped bonds and their wholesale sales always shatter the stock market.”

Cramer announced his schedule for the coming week. The earnings per share forecasts are based on FactSet estimates:

Monday: Zoom video, lemonade

Zoom video

  • Q4 2021 Results publication: After Market; Conference call: 5 p.m.
  • Projected EPS: 81 cents
  • Estimated Revenue: $ 910 million

lemonade

  • Publication of results for the fourth quarter: after market entry; Conference call: 8 a.m.
  • Estimated losses per share: 64 cents
  • Estimated Revenue: $ 19.2 million

Tuesday: Destination, Nordstrom

target

  • Q4 results published: before the market; Conference call: 9 a.m.
  • Projected earnings per share: $ 2.54
  • Estimated Revenue: $ 27.4 billion

Nordstrom

  • Publication of results for the fourth quarter: after market entry; Conference call: 4:45 p.m.
  • Projected EPS: 14 cents
  • Estimated Revenue: $ 3.58 billion

Wednesday: Dollar Tree, Wendy’s, American Eagle Outfitters

Money tree

  • Q4 results published: before the market; Conference call: 9 a.m.
  • Projected earnings per share: $ 2.12
  • Estimated Revenue: $ 6.8 billion

Wendy’s

  • Q4 results published: before the market; Conference call: 8:30 a.m.
  • Projected EPS: 18 cents
  • Estimated Revenue: $ 477 million

American Eagle Outfitter

  • Fourth quarter results to be published: 4:15 pm; Conference call: 4:30 p.m.
  • Projected EPS: 36 cents
  • Estimated Revenue: $ 1.28 billion

Snowflake

  • Publication of results for the fourth quarter: after market entry; Conference call: 5 p.m.
  • Estimated losses per share: 16 cents
  • Estimated Revenue: $ 332 million

Thursday: Kroger, Costco

Kroger

  • Q4 results published: before the market; Conference call: 10 a.m.
  • Projected EPS: 69 cents
  • Estimated Revenue: $ 30.86 billion

Costco

  • Q2 2021 results to be published: 4:15 p.m.; Conference call: 5 p.m.
  • Projected earnings per share: $ 2.44
  • Estimated Revenue: $ 43.72 billion

Disclosure: Cramer’s charitable foundation owns shares in Costco.

Disclaimer of liability

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Correction: This article has been updated to accurately reflect that projected revenue for Zoom Video is $ 910 million and projected revenue for Lemonade is $ 19.2 million. An earlier version of this story gave an incorrect projection for both of them.

Democrats criticize Biden for launching air strikes in Syria with out asking Congress

The U.S. Air Force F-22 fighter jets fly in formation during a military aircraft flyover along the Hudson River and New York Harbor, past York City and New Jersey, the United States, on July 4, 2020.

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Some Senate Democrats on Friday criticized President Joe Biden’s decision to launch an air strike in Syria on Thursday evening without speaking to Congress as a whole.

According to a spokesman for the National Security Council, the Pentagon informed the congressional leadership before the action. House spokeswoman Nancy Pelosi was notified prior to the strike, according to a Democratic adviser.

Senator Tim Kaine, D-Va., On Friday requested the Biden government for a briefing on the decision-making behind the airstrikes.

“The American people deserve to hear the government’s reasons for these strikes and their legal justification for acting without coming to Congress. Offensive military action without the approval of Congress is unconstitutional without exceptional circumstances,” a statement said from Caine’s office. Kaine is a member of the Senate Armed Forces Committee.

There will be a fully classified briefing early next week, the NSC spokesman said.

Senator Chris Murphy, D-Conn., Chair of the Foreign Relations Subcommittee, also called for transparency.

“Congress should keep this government on par with previous administrations and require clear legal justifications for military action, especially in theaters like Syria where Congress has not specifically approved American military action,” Murphy said in a statement Friday.

A representative from New York City Senator Chuck Schumer, the top Senate Democrat, did not immediately respond to a request for comment.

Biden on Thursday directed US military air strikes in eastern Syria against facilities that the Pentagon said were Iran-backed militias in response to recent missile strikes on US targets in Iraq.

In a February 15 attack, missiles struck the US military base in Irbil in the Kurdish-led region, killing a non-US contractor and injuring a number of US contractors and a US service member. Another volley days later hit a base where US forces were stationed north of Baghdad, injuring at least one contractor. On Monday, missiles hit the Baghdad Green Zone, where the US embassy and other diplomatic missions are located.

“It’s hard to say for sure if there is some strategic computation driving this … recent surge in attacks, or if this is just a continuation of the kind of attacks we have seen in the past,” said John Kirby, Pentagon press secretary gave a briefing Monday.

“We will hold Iran responsible for the attacks and the provocations of its deputies,” Foreign Ministry spokesman Ned Price said in a separate briefing on Monday. The missile attack in Irbil “continues to be actively investigated,” he said.

Thursday’s US air strikes earned Biden rare praise from across the aisle. Senator Lindsey Graham, RS.C., thanked Biden for moving.

In 2018, then President Donald Trump ordered military strikes in Syria. The move also sparked criticism from Democrats.

“The president needs to come to Congress and secure authorization to use military force by proposing a comprehensive strategy with clear objectives that will protect our military,” Pelosi tweeted at the time.

– Reuters contributed to this report.