Editor’s note: Joe Procopio is the founder of teachingstartup.com and the COO of IoT/Beer startup Precision Fermentation. Joe has a long entrepreneurial history in the Triangle that includes Spiffy, Automated Insights, and ExitEvent. This is post 2 of 3 for the Hiring Series which is part of Teaching Startup. The series is published on Tuesday.
RESEARCH TRIANGLE PARK – I'm not breaking any news by telling you that finding good people is the number one differentiator between success and failure in startup. Any repeat entrepreneur would tell you that. Any investor would tell you that. Your mom would tell you that. But like most startup advice, everyone shouts "team! team! team!" and no one brings up caveats like "budget! market! poachers!"
Many things are taking place:
Newsom’s budget proposal skips tough choices – Orange County Register
California's Legislature returned to session on Monday and will be wrestling with Gov. Gavin Newsom's newly announced and record-setting $227 billion budget. Lawmakers have until July 1 to approve it, but the governor has asked them to approve a rapid approval of billions of dollars in direct spending to aid local and state agencies, small businesses and individuals.
The good news is that, despite predictions last year that the COVID-19-related shutdowns and recession would decimate the treasury, the state is awash in revenues. Last year, lawmakers passed significant spending rollbacks in anticipation of a $54-billion shortfall. Instead, they are looking at a $15-billion surplus. It's lower than the $26-billion surplus predicted by the Legislative Analyst's Office, but still is a rather impressive windfall.
International Tower Hill Mines Announces 2021 Budget and Work Program
This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States .
UPDATE 1-Mexican budget forecasts too optimistic, outlook cloudy, Moody's says | Reuters
MEXICO CITY, Jan 12 (Reuters) - The Mexican government's forecasts for economic growth, tax revenues and oil output are too upbeat, with the economic outlook worsening because of the coronavirus pandemic, ratings agency Moody's Investors Service said on Tuesday.
Moody's said in a report that Mexico's 2021 budget is based on a "relatively optimistic" 4.6% growth forecast for this year, which likely overestimated the prospective tax take.
"The pandemic has exacerbated the negative growth trends that had become evident in 2019 and that will persist beyond 2020," Moody's said, noting the medium-term growth outlook had soured due to negative business sentiment and weak investment.
Quite a lot has been going on:
Stocks making the biggest moves after hours: Urban Outfitters, KB Home, Repay Holdings & more
Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at the end of the month.
KB Home — Shares of the homebuilder gained more than 2% after the company's fourth quarter results topped expectations. KB Home earned $1.12 per share during the period on revenue of $1.19 billion. Analysts were expecting the company to earn 93 cents per share on $1.14 billion in revenue, according to estimates compiled by Refinitiv.
OnePlus reveals budget fitness tracker Band - CNET
There are three different straps -- black, navy and "tangerine gray" -- but only the black one comes in the box. Getting one of the others will cost about $5.
The device only supports Android at launch, but the company noted that iOS support will be added later.
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The information contained in this article is for educational and informational purposes only and is not intended as health or medical advice. Always consult a physician or other qualified health provider regarding any questions you may have about a medical condition or health objectives.
Total Energy Services Inc.
CALGARY, Alberta, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (TSX: TOT ) ("Total" or the "Company") announces its preliminary 2021 capital expenditure budget of $9.1 million. Included in this budget is $3.0 million of expansion capital and $6.1 million for equipment maintenance and upgrades. In addition, approximately $1.1 million of 2020 capital expenditure commitments will carry forward into 2021.
$3.0 million of expansion capital is being allocated to the Company's Compression and Process Services segment to support the continued growth of its North American compression rental and parts and service businesses.
Walmart joins companies suspending donations to lawmakers who voted against certifying the
Walmart on Tuesday said it would "indefinitely" suspend contributions to members of Congress who voted against certifying the results of the presidential election, as businesses come under pressure to respond after a mob stormed the Capitol last week.
On Sunday, when asked about the Walmart's corporate donations, including those to the Republican Attorneys General Association, a spokesman told the Times that Walmart examines and adjusts its political giving strategy at the end of every election cycle.
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