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Citi Sues Revlon Lender Brigade for Return of Payment It Says Was a Mistake Citigroup Inc. sued Brigade Capital Management LP for the return of the hedge-fund manager's share of nearly $900 million that the bank said it mistakenly paid to Revlon Inc. lenders. Brigade "has unlawfully attempted to capitalize on the mistaken payment," ...
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Jobless Americans More Pessimistic About Prospects, Survey Says: Live Updates President Trump directed F.E.M.A to use federal disaster assistance funds to increase the benefits of unemployed workers.Credit...Stefani Reynolds for The New York Times. Most American workers expecting $300 or $400 in extra weekly unemployment ...
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Endo International plc Commences Tender Offer For Any And All Of Its Outstanding 5.75% Senior Notes Due 2022 DUBLIN, Aug. 17, 2020 /PRNewswire/ -- Endo International plc (the "Company" or "Endo") (NASDAQ: ENDP) announced today that Endo Finance LLC ("Endo Finance"), a wholly-owned subsidiary of the Company, has commenced a cash tender offer for any ...
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Warren Buffett's Berkshire Hathaway Joins the Gold Rush Warren Buffett's Berkshire Hathaway Inc. BRK.B -1.83% has put its gilded name behind one of the largest gold-mining firms, adding to the list of big-name investors making wagers tied to the precious metal at a time of significant economic uncertainty.
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FOREX-Dollar on defensive as markets eye US politics, Fed minutes ... * Dollar slips. * Euro trades at $1.1850. * Commodity currencies stronger. * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E. By Ritvik Carvalho. LONDON, Aug 17 (Reuters) - The dollar edged lower and commodity currencies inched higher on Monday ...
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Japan's Economic Backslide Likely to Take Years to Reverse TOKYO—After nine months of a shrinking economy, Japan has dug itself into a deep hole that it might not emerge from for at least two years. The world's third-largest economy after the U.S. and China was smaller in real terms in the second quarter of 2020 ...
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5G Smartphones Could Crush Your Home Wi-Fi. So Where's the 5G? "You know, this internet connection is just too fast. Please slow it down. Maybe just as my boss asks me something important in a video call," said…no one in 2020. With so many people dragging along with subpar broadband, you'd think there would be more ...
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Concerns about US recovery put dollar on defensive NEW YORK (Reuters) - The dollar traded lower on Monday morning after weak results from a regional manufacturing survey added to doubts sowed by grim data last week that the U.S. recovery is on shaky grounds. FILE PHOTO: A woman counts U.S. dollar ...
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Chinese Dronemaker DJI Makes Sweeping Cuts in 'Long March' Reforms SHENZHEN, China — Chinese drone giant SZ DJI Technology Co Ltd has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told ...
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The Social Conscience Of A Fiduciary Should Not Direct Its Investment Strategy The Department of Labor will soon finalize a proposed rule that would limit the ability of retirement plan fiduciaries to direct investors' savings into funds that have an explicit goal of investing in companies that hew to some set of accepted standards regarding ...
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