Tag Archives: Direct

Bloomberg Fed Dials Up Pressure on Wall Street to Ditch Discredited Libor (Bloomberg) — The Federal Reserve is intensifying its scrutiny of banks’ efforts to shed their reliance on the London interbank offered rate, and has begun compiling more detailed evidence on their progress, according to multiple people with knowledge of the matter.Banks are being asked for specifics on their Libor exposure, their plans for amending contracts tied to the benchmark, and the fallback provisions being… Source link

Expedia Group anticipates that consumers will return to booking travel in large numbers over time, and it aims to make the most of that in a phased marketing plan. The company is focusing on making the most of that effort by building up its own brands rather than others, like Google. Executives believe the alternative accommodations sector will continue to see more strength relative to other travel products in the near term. So the first phase of its marketing plan will involve a modest… Source link

DUBLIN, Ireland and CHICAGO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the Company), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that it has entered into definitive agreements with several healthcare-focused institutional investors for the purchase and sale of 17,500,000 of its ordinary… Source link

HERNDON, Va., Feb. 2, 2021 /PRNewswire/ — Foundation Direct, a new technology and consulting company offering automotive marketers an industry-leading option to “Go Direct” with their digital advertising, is pleased to announce Michael Heidner as their new VP of Strategy and Business Development. Mike joins Foundation Direct from Google, where he led… Source link

President-Elect Joe Biden unveiled a $1.9 trillion stimulus package that includes direct payments to Americans, a $15 minimum wage, aid to small businesses, and a national vaccination program, among many other provisions. “While Congress’s bipartisan action in December was a step in the right direction, it was only a down payment. It fell far short of the resources needed to tackle the immediate crisis,” according to the statement accompanying the details of the plan. “We are in a… Source link

NRG Energy Inc. NRG recently inked a deal to acquire Direct Energy, the North American subsidiary of Centrica PLC CPYYY, for a consideration of $3.625 billion, subject to a working capital adjustment. This all-cash transaction is expected to close by the end of 2020, pending customary closing conditions and regulatory approvals. Notably, Direct Energy is among North America’s leading retail providers of electricity, natural gas, and home and business energy-related products as well as… Source link