Month: November 2020

…read more […]

…read more […]

…read more […]

…read more […]

…read more […]

Elon Musk’s SpaceX launched a full crew of astronauts into orbit Sunday evening. It’s the first time NASA has put four astronauts into a capsule. The launch marks the start of regularly scheduled commercial flights to the International Space Station. Photo: Gregg Newton/AFP/Getty Images …read more […]

(Bloomberg) — President Donald Trump plans several new hard-line moves against China in the remaining weeks of his term, Axios reported, citing senior administration officials they didn’t identify.Trump may announce sanctions or trade restrictions against more Chinese companies, government entities or officials, citing human rights violations or threats to U.S. national security, according to the report.John Ullyot, a spokesman for the National Security Council, told Axios that the actions would be framed in such as way as to be “politically suicidal” to undo, for example by the incoming Joe Biden administration, absent a major policy shift by Beijing. Biden’s transition …read more […]

…read more […]

Nov.15 — President Donald Trump is again showing no signs on conceding the election, backtracking on earlier hints he thought he could have lost after tweeting that Joe Biden won because the vote was rigged. He followed that up tweeting he conceded nothing. Meanwhile, President-elect Joe Biden’s team will begin meeting with Pfizer Inc. and other pharmaceutical companies within days, his chief of staff said. Ros Krasny reports on “Bloomberg Daybreak: Australia.” …read more […]

There’s a megatrend emerging in capital markets right now that will change the course of investing for years to come …read more […]

…read more […]

Under the original agreement announced in February, Taubman shareholders were to receive $52.50 per share in cash. The revised agreement continues to provide that Simon will acquire an 80% ownership in The Taubman Realty Group (TRG) Ltd Partnership, they said. The Taubman family will sell about one-third of its ownership interest at the transaction price and continue to hold a 20% stake in TRG, the companies added. …read more […]

(Bloomberg) — Simon Property Group Inc. has reached a deal to buy rival mall owner Taubman Centers Inc. at a lower price than the companies agreed to in February.The companies agreed to a modified deal that would see Simon Property pay $43 in cash for each Taubman Centers share, down from the original offer of $52.20 a share for Taubman made just before the coronavirus started sweeping across the U.S.Under the terms of the revised deal, Taubman won’t declare or pay a dividend on its common stock prior to March 1, 2021, and then, only subject to certain limitations and …read more […]

…read more […]

Stock futures ticked up Sunday evening as investors at least temporarily shook off concerns over the spread of the coronavirus, even as a growing number of cities and states imposed more restrictions to try and bring the pandemic under control in the U.S. …read more […]