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November 24, 2020

DEAL

Appropriators strike deal on funding totals to avoid December shutdown

Politico
Politico.com – For more and to sign up click here Key context: House Democrats unveiled their funding allocations earlier this year and passed most of their spending bills in two big bundles over the summer, while Senate Republicans only released their numbers earlier this month and haven’t passed any bills.......

Abercrombie & Fitch CEO says it has a playbook to deal with closures as Covid threatens to shutter stores

CNBC
CNBC – For more and to sign up click here Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images The possibility that Abercrombie & Fitch will face additional rounds of temporary store closures due to rising Covid-19......

Hyperice lands NFL deal as it moves closer to a $1 billion valuation

CNBC
CNBC – For more and to sign up click here Patrick Mahomes #15 of the Kansas City Chiefs makes a pass during the game against the Baltimore Ravens at M&T Bank Stadium on September 28, 2020 in Baltimore, Maryland. Todd Olszewski | Getty Images Sports tech company Hyperice said Tuesday......

Braves sign RHP Morton to 1 year, $15M deal

ESPN
9:28 AM ET Jeff PassanESPN Close ESPN MLB insiderAuthor of “The Arm: Inside the Billion-Dollar Mystery of the Most Valuable Commodity in Sports” Right-hander Charlie Morton signed a one-year, $15 million contract with the Atlanta Braves on Tuesday, further bolstering the rotation of a team that fell a game short......

Charlie Morton Signs One-Year, $15M Deal With Braves

Sports Illustrated
Kim Klement-USA TODAY Sports The Braves have signed starting pitcher Charlie Morton to a one-year, $15 million deal, the team announced Tuesday morning.  MLB.com’s Mark Feinsand was first to report the news. The Braves had shown a strong interest in the 37-year-old this offseason. Morton will add a high-quality veteran presence......

Breakingviews – Australian milk deal looks a little too local

Reuters
Vegemite pots are seen in a supermarket in central Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz HONG KONG (Reuters Breakingviews) – Australian cheese-maker Bega could buy Lion Dairy for $402 million after the government blocked a Chinese buyer. A local champion might consolidate the domestic market, but there are few......

Cousins picks Rockets as sides reach 1-year deal

ESPN
Former All-Star center DeMarcus Cousins has agreed to a one-year deal with the Houston Rockets, he told Marc Spears of ESPN’s The Undefeated. The Rockets were limited to offering the veteran’s minimum to Cousins, who missed all of last season with a torn ACL in his left knee suffered after......

G’Day Mate! Free Agent Matthew Dellavedova Will Return to Cavs on One Year Deal

ClevelandScene
Aussie Guard Matthew Dellavedova will return to the Cleveland Cavaliers on a one-year, minimum deal, ESPN and others have reported. The 6’3″ Delly, a local favorite, will continue to serve in a backup point guard role and as a locker room leader during the upcoming 72-game season. Delly reportedly received......

Biden team denies president-elect wants Democrats to accept smaller relief deal

CNBC
CNBC – For more and to sign up click here Joe Biden‘s transition team denied Monday that the president-elect’s advisors have pushed Democratic congressional leaders to agree to a smaller coronavirus stimulus package in order to win more relief now. In public remarks, the former vice president has repeatedly supported......

Saric stays with Suns on 3-year, $27 million deal

ESPN
Forward Dario Saric is returning to the Phoenix Suns on a three-year, $27 million contract, his agents Jeff Schwartz and Mike Lindeman of Excel Sports told ESPN. Saric has shown himself to be a versatile frontcourt player at the power forward and center spots, averaging 10.7 points and 6.2 rebounds......

Messi signing for Man City a real prospect after Guardiola’s new deal

ESPN
Pep Guardiola’s decision to sign a contract extension at Manchester City last week was a big deal for the club in more ways than one: it ensures that the most celebrated coach in football will remain at the Etihad until 2023, but perhaps more significantly, it also puts the club......

Sterling rallies on vaccine and Brexit deal optimism

Reuters
FILE PHOTO: A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand October 12, 2010. REUTERS/Sukree Sukplang LONDON (Reuters) – Sterling rallied on Monday as more positive news about a potential COVID-19 vaccine propelled investors to buy riskier currencies and offset concerns about whether Britain and the European Union......

Mitchell, Jazz agree to deal worth up to $195M

ESPN
Utah Jazz All-Star guard Donovan Mitchell has agreed to a five-year designated rookie extension worth up to $195 million, his agents Ty Sullivan and Austin Brown of CAA Sports told ESPN. Mitchell, 24, rapidly developed into one of the most explosive and popular young players in the NBA, an instantaneous......

China is set to dominate global supply chains as the world’s largest trade deal is inked

CNBC
CNBC – For more and to sign up click here Workers are seen at a production line manufacturing solar photovoltaic components at a factory in Huzhou, Zhejiang province, China February 12, 2019. Lin Yunlong | Zhejiang Daily | Reuters BEIJING — China is set to remain a key player in......

Source: Tatum agrees to deal worth up to $195M

ESPN
5:01 PM ET Tim BontempsESPN Jayson Tatum has agreed to a five-year extension worth up to $195 million with the Boston Celtics, a source told ESPN’s Adrian Wojnarowski. The full designated rookie max of $163 million could go up to nearly $200 million with All-NBA escalators, sources said. Tatum’s agent,......

Sources: Lakers, Marc Gasol agree to 2-year deal

ESPN
The Los Angeles Lakers are shoring up their defending championship run by adding a big man with championship experience whose career started with the purple and gold. The Lakers are finalizing a two-year deal with center Marc Gasol, sources told ESPN’s Adrian Wojnarowski and Zach Lowe. The free-agent signing, which......

Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession

New York Times
WASHINGTON — Advisers to President-elect Joseph R. Biden Jr. are planning for the increasing likelihood that the United States economy is headed for a “double-dip” recession early next year. They are pushing for Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls......

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