This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 4, 2021 The weekend is always a good time to soul-search. Things tend to slow down just enough so you can think for a few minutes (or is this just me?).  So this weekend while I took a rare break to present my classic car at a local show, I popped down in one of those foldable camping chairs and pondered some of the things I have… Source link

(Bloomberg) — As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders. In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country’s massive banks to ease credit for homebuyers and support the property sector. They also bought out part of… Source link

(Bloomberg) — Asian stocks and U.S. equity futures started the week on the back foot, as investors weighed the prospects for growth against concern over inflationary pressures. Most Read from Bloomberg Japanese and Hong Kong shares dropped. Earlier gains vanished after trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit. Mainland Chinese markets are closed through Thursday for the Golden Week holidays. Australian shares bucked… Source link

By Tom Westbrook and Donny Kwok HONG KONG (Reuters) -Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and Hopson requested trading halts ahead of a major transaction. Once China’s top-selling developer, Evergrande is facing what could be one of the country’s largest-ever restructurings as a crackdown on debt leaves it unable to refinance $305 billion… Source link

Alvariño discovered 22 new species of zooplankton and published more than 100 scientific papers, according to Google and biographies of the scientist. The Spanish Institute of Oceanography (IEO) appointed her as a marine biologist in 1952, even though only men were accepted at the institute at the time, because of her impressive work at university, Google said. Born in Serntes on the Spanish coast, Alvariño developed a love for natural history early, encouraged by her parents to read her… Source link

By Theresa Waldrop Google honored María de los Ángeles Alvariño González with a Doodle on Sunday, the 105th birthday of the marine research biologist “widely regarded as one of the most important Spanish scientists of all time,” Google said. Alvariño discovered 22 new species of zooplankton and published more than 100 scientific papers, according to Google and biographies of the scientist. The Spanish Institute of Oceanography (IEO) appointed her as a marine… Source link

The spotlight this week for Wall Street will be on labor market data, as investors await the release of the Labor Department’s September jobs report on Friday. Several earnings results from major consumer brands are also on tap.  Traders are looking to see payroll gains accelerate in September after a shockingly disappointing August jobs report, when just 235,000 jobs came back versus the more than 700,000 expected. Consensus economists anticipate that 475,000 payrolls returned in September,… Source link

Your ‘safe’ investing bets could turn out to be a gamble in retirement The older investors get, the more conservative they tend to be with their money. That’s not the bravado of youth fading away — that’s sound strategy. After all, it’s one thing to play fast and loose when you’re young, but investors nearing retirement don’t have a lot of time to make up for bets gone bad. Unfortunately, many Americans today don’t have the luxury of doing what worked for their parents and grandparents. In… Source link

Autonomous vehicle company Aurora recently launched a partnership with FedEx (FDX) to test the use of self-driving trucks to ship goods between Dallas and Houston. The project features an operator in the truck to oversee the system in its initial stage, though Aurora plans to launch a driverless version of the experiment within the next two years.The trucks will travel a route measuring almost 500-miles to help FedEx deliver packages across the state of Texas. Aurora looks to help ease the… Source link

You might laugh thinking about all the random Google searches you’ve done over the years. Imagine someone getting access to that list, and you might instead shudder in embarrassment. Did you know your entire Google history is accessible online? If you’re signed in, a snoop can poke through it all. Tap or click here for steps to password protect that page and your private info. There are, of course, ways to keep your searches private. Tap or click for some clever methods, including hiding… Source link