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August 5, 2020

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BBC - Business

Blondie song catalogue sold in ‘Atomic’ deal

BBC
by BBC00
https://www.bbc.co.uk/news/business-53664362 Hit songwriting duo Debbie Harry and Chris Stein, the musical partnership that spawned Blondie’s biggest successes, have sold their catalogue to a fast-growing investment fund. The deal means that 197 Blondie songs, including Heart of Glass and Rapture, are now owned by Hipgnosis Songs Fund. They were sold for......
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CNBC Business

U.S. and China set to review phase one trade deal in mid-August

CNBC
by CNBC010
CNBC – For more and to sign up click here Chinese Vice Premier Liu He and US President Donald Trump sign a trade agreement between the US and China in the East Room of the White House in Washington, DC, January 15, 2020. Saul Loeb | AFP | Getty Images......
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CBS US News

Senate could be in session until deal reached on coronavirus bill

CBS News
by CBS News01
CBS News – For more and to sign up click here Some Republican senators have indicated they’re willing to forgo their usual August recess and remain in session until a deal is reached on the next coronavirus relief bill. White House officials and congressional Democrats are currently locked in a stalemate......
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CNBC Business

Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal

CNBC
by CNBC012
CNBC – For more and to sign up click here The Securities and Exchange Commission is investigating Eastman Kodak‘s disclosure about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, which sent the stock up on heavy volume ahead of the official announcement, The Wall Street......
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BBC - Business

EU launches major probe into Google-Fitbit deal

BBC
by BBC01
https://www.bbc.co.uk/news/technology-53647570 Image copyright Reuters The European Commission will carry out a full-scale probe into Google’s takeover of Fitbit. The announcement follows a preliminary review, and threatens to derail the purchase of the fitness-tracking firm. It comes despite Google’s offer last month to not use Fitbit’s health data for ad targeting.......
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ESPN

Oft-injured TE Reed agrees to deal with 49ers

ESPN
by ESPN011
SANTA CLARA, Calif. — The San Francisco 49ers‘ search for experienced tight end depth and Jordan Reed‘s search for a new home resulted in a reunion Monday afternoon. That’s when Reed and the Niners reached agreement on a contract to bring the tight end to the Bay Area, general manager......
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Politico.com

Senate under growing pressure to reach coronavirus relief deal

Politico
by Politico012
Politico.com – For more and to sign up click here White House and Republican leaders on the Hill are desperately searching for some way to change the political dynamic surrounding the negotiations. With the pandemic spiking in many states, Trump trailing Democratic challenger Joe Biden in the polls, and Senate......
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BBC USA

Jadon Sancho: Borussia Dortmund set deal deadline for Man Utd target

BBC
by BBC09
Jadon Sancho scored 17 goals in 32 Bundesliga appearances last season as Borussia Dortmund finished second Borussia Dortmund have set a 10 August deadline to agree a deal for forward Jadon Sancho – who is Manchester United’s top summer transfer target – to leave the club. The German club have......
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CNBC Business

Japan’s Seven & i seals $21 billion deal for Marathon Petroleum’s Speedway gas stations

CNBC
by CNBC08
CNBC – For more and to sign up click here The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum’s Speedway gas stations for $21 billion, brushing aside coronavirus concerns to return to the table five months after initially balking at the deal. The acquisition is one......
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CNBC Business

Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15

CNBC
by CNBC025
CNBC – For more and to sign up click here A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters Microsoft on Sunday confirmed that it......
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CBS US News

Meadows says he’s “not optimistic” will be coronavirus deal in near term

CBS News
by CBS News00
CBS News – For more and to sign up click here Watch CBSN Live White House chief of staff Mark Meadows said that negotiations over a coronavirus relief bill “have a long ways to go.” Copyright © 2020 CBS Interactive Inc. All rights reserved. Source link...
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BBC - Business

Microsoft pauses talks on TikTok US deal – reports

BBC
by BBC02
https://www.bbc.co.uk/news/business-53628108 A possible sale of Chinese-owned TikTok’s US operations to Microsoft is reportedly on hold after Donald Trump vowed to ban the video-sharing app. A sale was thought close to agreement, but was put in doubt after the US president’s warning on Friday. The Wall Street Journal said Microsoft had......
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CBS US News

White House and Congress fail to reach new stimulus deal despite benefits lapsing

CBS News
by CBS News00
CBS News – For more and to sign up click here Watch CBSN Live Despite hours of negotiating early Saturday, the White House and Congress failed to reach a new stimulus deal despite millions of Americans facing possible evictions and other financial obligations. Nikole Killion reports. Copyright © 2020 CBS......
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CNBC Business

Eastman Kodak’s top executive reportedly got Trump deal windfall on an ‘understanding’

CNBC
by CNBC017
CNBC – For more and to sign up click here Eastman Kodak on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an “understanding” with its board that had previously neither been listed in his employment......
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BBC - Business

British Airways pilots vote to accept jobs deal

BBC
by BBC00
https://www.bbc.co.uk/news/business-53617882 Image copyright AFP British Airways pilots have voted to accept a deal that will temporarily cut pay by 20% and eliminate 270 jobs, says the pilots’ union Balpa. The deal prevents a controversial “fire and rehire” scheme where staff would have been handed new contracts “on worse conditions”. The......
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CNBC Business

Microsoft and TikTok doesn’t have to make strategic sense if the deal is simply too good to pass up

CNBC
by CNBC014
CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., listens during an interview on The David Rubenstein Show in New York on Sept. 27, 2017. Christopher Goodney | Bloomberg | Getty Images Microsoft is in talks to acquire TikTok’s U.S. operations.......
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ESPN

ACC commissioner: Notre Dame deal a ‘win-win’

ESPN
by ESPN09
ACC commissioner John Swofford said Friday the scheduling arrangement with Notre Dame for the 2020 season is a win-win for both the Irish and the league, but he added that it is only a temporary deal. On Wednesday, the ACC announced a 10-plus-1 scheduling model in which Notre Dame, an......
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