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The Mooch's leaked memo to Merrill - Boutique bank exits - Hackers target PE

30 days ago   |   By Business Insider

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Dealmaking activity has fallen off a cliff this year, as executives focus on steering their existing businesses through the havoc caused by the coronavirus crisis instead of seeking out new deals. Data from Refinitiv released this week showed that the drop in activity was more pronounced for bigger M&A transactions , with the overall value of deals worth more than $5 billion...
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Chicago implements task force to crack down on large parties, gatherings

Chicago implements task force to crack down on large parties, gatherings

CHICAGO - The city has implemented a new task force to crack down on large parties and gatherings. It's operated by the Department of Business Affairs and Consumer Protections... Read more ...

Facebook closes on massive NYC office expansion

Facebook closes on massive NYC office expansion

The biggest lease of the year is done - and it's momentous good news for a limping office-leasing market in a city beleaguered by the coronavirus. Facebook on Monday closed on... Read more ...

Religious Groups Received $6-10 Billion In COVID-19 Relief Funds, Hope For More

Religious Groups Received $6-10 Billion In COVID-19 Relief Funds, Hope For More

More than 400 evangelical churches and ministries each received forgivable loans worth at least $1 million. Read more ...

Microsoft's next big policy battle could be over its ties to China, as a GOP...

Microsoft's next big policy battle could be over its ties to China, as a GOP adviser calls on the tech titan to divest its Chinese holdings amid TikTok talks

Microsoft confirmed the company is exploring a deal to buy TikTok's operations in several countries including the US. President Donald Trump has threatened to ban the app over... Read more ...

Microsoft Consults With Trump About Ongoing Talks To Buy TikTok From Chinese...

Microsoft Consults With Trump About Ongoing Talks To Buy TikTok From Chinese Firm

In its first public acknowledgement of a deal that could be worth in the billions of dollars, Microsoft said it is continuing talks with TikTok about a potential takeover of... Read more ...

Men's Wearhouse and Jos. A. Bank parent is planning to close 100 stores...

Men's Wearhouse and Jos. A. Bank parent is planning to close 100 stores imminently in bankruptcy. See if your local store is on the list

Tailored Brands could close up to 500 stores as it restructures in bankruptcy. The company owns Men's Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore. In a court... Read more ...

The Maryland county where Barron Trump attends school ordered private...

The Maryland county where Barron Trump attends school ordered private schools to stay closed until October, but the governor overrode the decision

Maryland Gov. Larry Hogan on Monday issued an emergency order to block the county where Barron Trump goes to school from banning private schools from opening for in-person... Read more ...

A new ETF will let investors participate in the stock market's $22 billion...

A new ETF will let investors participate in the stock market's $22 billion SPAC craze

Investors may soon be able to access the growing hype around SPAC offerings with the launch of a new exchange-traded fund. The Defiance NextGen SPAC IPO ETF plans to be the... Read more ...

Kodak will issue 30 million shares for convertible-bond holders following...

Kodak will issue 30 million shares for convertible-bond holders following last week's 940% rally

Kodak said it would issue 30 million shares to holders of its convertible bonds, according to an 8-K filed with the SEC on Monday. The move is a signal that its debtholders are... Read more ...

Google's next big challenge to Apple and Samsung is a new $350 Pixel phone...

Google's next big challenge to Apple and Samsung is a new $350 Pixel phone that has the Pixel 4's best camera features

Google has announced a new $350 smartphone called the Pixel 4a that costs hundreds of dollars less than its $800 Pixel 4. The Pixel 4a comes with a 12.2-megapixel camera that... Read more ...