As we approach the final stage of the NFL’s personal conduct ramifications for Cleveland’s Deshaun Watson, there are no shortage of questions and a vast supply of frustration and vague answers surrounding the case of the Browns quarterback who was accused of sexual misconduct or sexual assault against multiple women, a violation of the league’s personal conduct policy. It’s partly due to Watson’s case being the first test to an altered disciplinary system and because the first arbitrator… Source link
Read More »Here’s what in the semiconductor bill as the Senate nears a crucial vote
After over a year of negotiations, Congress is finally advancing a bill to provide $52 billion to the semiconductor industry amid a chip shortage threatening U.S. competitiveness and national security. The Senate is eyeing a crucial cloture vote as early as Thursday which, if it gains the required 60 votes, could put the bill on the path to become a law within the coming weeks. “This has been bipartisan work in the Senate at its best,” Senate Majority Leader Chuck Schumer (D-NY) said… Source link
Read More »Musk Nears $43 Billion Deal for Twitter as Soon as Monday
(Bloomberg) — Twitter Inc. is in the final stretch of negotiations about a $43 billion sale to Elon Musk that could rank as one of the biggest-ever leveraged buyouts of a listed company, people with knowledge of the matter said, placing an influential blogging platform under control of the world’s richest person. Most Read from Bloomberg An agreement would cap a monthslong saga that saw Musk amass a stake of about 9%, launch a fusillade of criticism at Twitter’s management, turn down a… Source link
Read More »Elon Musk’s SolarCity Trial Nears Conclusion With $2 Billion at Stake
(Bloomberg) — Elon Musk was acting as a proper chief executive officer as Tesla Inc. weighed the purchase of power provider SolarCity in 2016, his longtime ally and fellow Tesla director Antonio Gracias told a judge. A two-week trial over the billionaire CEO’s role in the $2 billion transaction wrapped up on Monday, and now Judge Joseph Slights III must decide whether Musk — who was the solar company’s chairman and largest shareholder at the time — properly removed himself from the… Source link
Read More »Bitcoin Nears $40,000 as Shorts Fuel Rally on Amazon Speculation
(Bloomberg) — Bitcoin surged close to $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry. A job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” stirred questions among analysts over whether the move could eventually lead to Amazon accepting Bitcoin as a method of payment. As the largest digital token gained on the… Source link
Read More »Downtown San Jose hotel next to Google village nears construction
SAN JOSE — A big Marriott hotel within walking distance of Google’s proposed transit village in downtown San Jose has moved closer to launching construction. Urban Catalyst, the hotel’s developer, has obtained permits to build the project, according to documents filed with San Jose officials. The eight-story hotel, if it’s built, would rise at 495 W. San Carlos St. next to Josefa Street, a short distance from a game-changing neighborhood that Google has proposed near the Diridon… Source link
Read More »Stocks rise as S&P 500 nears record high
TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link
Read More »Google nears settlement of French antitrust case -Wall Street Journal
The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Alphabet Inc’s Google (GOOGL.O) is nearing a settlement of an antitrust case in France over allegations it abused its power in online advertising, and will likely pay a fine and institute operational changes, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The French Competition Authority has… Source link
Read More »Google Nears Settlement of Ad-Tech Antitrust Case in France
Alphabet Inc.’s GOOG -1.27% Google is nearing a settlement of an antitrust case in France alleging the company has abused its power in online advertising, and is likely to pay a fine and make operational changes, people familiar with the matter said. The French case, which hasn’t been previously disclosed, is one of the most advanced in the world looking at Google’s dominance as a provider of tools for buying and selling ads across… Source link
Read More »Nikola Nears $10 a Share, Erasing Startup’s Post-IPO Gains
(Bloomberg) — Nikola Corp. shares came within a few cents of erasing all of their gains since the electric-vehicle startup went public last year, a sign investors are souring on its prospects after a series of snafus. The stock closed down 9.5% at $10.63 in New York trading Thursday amid a broader slump in EV stocks. That’s the lowest in a year and approaching the $10 level at which VectoIQ Acquisition Corp., the special-purpose acquisition company that acquired Nikola, debuted in June… Source link
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