Sunday July 12-th, 2020

Endeavor Sets Pricing For IPO, Looking To Raise Up To $712 Million Endeavor Sets Pricing For IPO, Looking To Raise Up To $712 Million

The entertainment company, led by Hollywood super agent Ari Emanuel and Executive Chairman Patrick Whitesell, estimates that it will offer 19.3 million shares at a price range of $30 to $32 a share, according to a filing with the Securities and Exc...

Musk hired detective to probe man who sued over tweet Musk hired detective to probe man who sued over tweet

Musk's attorneys argued on Monday that Musk understood " pedo guy " to be "synonymous with "creepy old man" and aimed at insulting one's appearance and demeanor". Mr Unsworth is looking for both compensatory and punitive damages. "He was offered f...

'Locked and Loaded' After Attacks on Saudi Arabia 'Locked and Loaded' After Attacks on Saudi Arabia

But Mr Pompeo alleged on Twitter that Iran was behind what he called an "unprecedented attack on the world's energy supply". US President Donald Trump said "there is reason to believe that we know the culprit", adding that Washington is "lo...

After Saudi attack, gasoline prices increase in Sioux Falls area After Saudi attack, gasoline prices increase in Sioux Falls area

According to GasBuddy price reports, the cheapest station in MA is priced at $2.19 per gallon while the most expensive is $3.39, a difference of $1.20 per gallon. Despite being higher than elsewhere in the U.S., Washington's prices are down from ju...

Startup spotlight: autonomous trucking with TuSimple Startup spotlight: autonomous trucking with TuSimple

The company raised $ 95 million in Series D funding in February , so that brings its total fundraising round to $215 million. TuSimple is moving quickly to bring commercial self-driving trucks to market. "Our goal is still to have a factory-pro...

Apple readies to fight $14bn tax charge against European Commission Apple readies to fight $14bn tax charge against European Commission

Apple's chief financial officer Luca Maestri led a six-strong delegation to the court where a panel of five judges will hear arguments from both sides, as well as Ireland, Luxembourg, Poland and the EFTA Surveillance Authority, over two days.

FedEx stock down 8% after company lowers outlook on trade tensions FedEx stock down 8% after company lowers outlook on trade tensions

Comerica Securities Inc. now owns 43,263 shares of the shipping service provider's stock valued at $6,986,000 after acquiring an additional 34,052 shares during the period. The company has a quick ratio of 1.39, a current ratio of 1.45 and a debt-to-...

Government intervenes in £4bn Cobham takeover on ‘national security grounds’ Government intervenes in £4bn Cobham takeover on ‘national security grounds’

In an announcement, she acknowledged the Competition and Markets Authority (CMA) has except October 29 to file attend to her regarding the affect of the acquisition. Lockwood said that he had already held some discussions with government officials ...

California governor signs law making gig workers employees California governor signs law making gig workers employees

As Bay City News reports , the new law will take effect in 2020, and Newsom called it "landmark legislation for workers and our economy". "While I personally disagree with this delay, I'm willing to allow the newspaper industry the additional year...

Aussie budget deficit shrinks: treasurer Aussie budget deficit shrinks: treasurer

As a result of the employment boost individual tax receipts were 5.7 billion Australian dollars (3.87 billion USA dollars) higher than projected in the 2018/19 budget forecast. Underspend on the National Disability Insurance Scheme was $4.6 billion...

Tim Hortons phasing out Beyond Meat products in most provinces Tim Hortons phasing out Beyond Meat products in most provinces

Benzinga's Take: Tim Hortons removing Beyond Meat items across most Canadian provinces within months of launch could be interpreted as a concerning sign of poor demand. Tim Hortons' venture into the vegan market will be coming to an end if you liv...

Model 3 scores top safety rating at IIHS Model 3 scores top safety rating at IIHS

However, it got into trouble with the organization for making certain safety claims about the Model 3 in its marketing materials. It must also offer an available crash prevention system that performs to what the IIHS deems "advanced" or "superior",...

Where to get deals for National Cheeseburger Day Where to get deals for National Cheeseburger Day

Yes, we do this every year, but every year there are new options and some restaurant could come out of nowhere with the best burger ever. For those believes a burger just isn't a burger without cheese, today is your day. You must mention the offe...

Local Health Care Providers Watching for Vaping Cases

One of the spokesperson of Vaping Association said that the present move of the United States government will hinder the plans of millions of USA citizens who has overcome their habit of smoking. On Monday that CDC activated its Emergency Operat...

Britain's Pendragon posts first-half loss, gives bleak outlook Britain's Pendragon posts first-half loss, gives bleak outlook

Group revenue was £2.455bn - a 0.8 per cent drop on past year. 'This produced reductions in gross profit at Car Store of 48.5 per cent, with overall used car gross profit down 8.2 per cent. Pendragon , Britain's biggest auto dealer, has plunged int...

Trump says he has ordered ‘substantial increase’ of Iran sanctions Trump says he has ordered ‘substantial increase’ of Iran sanctions

Saudi Arabia was expected to directly blame Iran on Wednesday for the raid that heavily damaged two oil facilities in the kingdom over the weekend. He would not speculate on who was responsible, but reiterated that France sent its own experts to ...

New U.S. home construction at strongest level in 12 years New U.S. home construction at strongest level in 12 years

Completions of multifamily dwellings were at a rate of 338,000, a decrease of 0.9% compared with about 341,000 in July. The seasonally adjusted rate of new building permits rose to 1.419 million, up 7.7% from the revised July rate of 1.317 million ...

Trump tweets Fed, Powell 'fail again' after 25-point rate cut Trump tweets Fed, Powell 'fail again' after 25-point rate cut

The benchmark 10-year rate traded at 1.78% while the 2-year yield was at 1.75%. The current figure of $1.4tn in bank reserves held at the Fed appears large, but much of it is tied up because of regulatory and liquidity requirements, according to ...

Honda CR-V Adds a Hybrid Model and Gets a New Look Honda CR-V Adds a Hybrid Model and Gets a New Look

Those who might be thinking of the original Honda hybrid , the 2000 Insight , could be in for a surprise. The new 2020 CR-V Hybrid will be powered by the two-motor system that Honda now uses to propel the Accord Hybrid . In North America, at lea...

Lloyd's of London quadruples profits after two years of losses Lloyd's of London quadruples profits after two years of losses

Income from the sale of insurance policies decreased 3% as Lloyd's directed insurers in the market to move away from the worst-performing 10% of their businesses, and gross written premiums climbed 1.7% to £19.7 billion (around US$25 million).

Saudi Arabia Says Iran Responsible for Attack on Oil Facilities Saudi Arabia Says Iran Responsible for Attack on Oil Facilities

However, the Saudi Defence Ministry held a news conference and displayed drone and missile debris it said was "undeniable" evidence of Iranian aggression. Secretary of State Mike Pompeo was traveling to Saudi Arabia on Wednesday for meetings, and a...

Federal Reserve injects liquidity into markets as key rate busts through cap

Trump's attacks, saying tersely that the Fed will keep pursuing its mandates and ignore any outside pressures, even from a president who has branded Powell an "enemy" and the Fed's policymakers as "boneheads". On Monday, the funds rate was trading at...

Trade deal with China in the offing: Donald Trump Trade deal with China in the offing: Donald Trump

Mr Trump's letter did not disclose any content of the agreements, but Japan had previously said it was willing to consider a deal that would reduce agriculture tariffs to levels previously contemplated under the Trans-Pacific Partnership, a trade dea...

Sirius Minerals shares plunge 50% as Yorkshire mine funding in doubt Sirius Minerals shares plunge 50% as Yorkshire mine funding in doubt

The project, aimed at mining the naturally occurring polyhalite fertiliser, is set to be the largest of its kind and will provide a boost to the agriculture sector. Russ Mould, from investment platform AJ Bell , said the Sirius decision to scrap t...

US industry gains in August on surge in manufacturing, mining US industry gains in August on surge in manufacturing, mining

Economists polled by Reuters had forecast manufacturing output rising 0.2% in August. The positive report on USA industry comes in the wake of data pointing to contracting factory activity in the U.K., Germany, Japan and South Korea. Manufacturers ...

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