White House Deputy Press Secretary Brian Morgenstern reacts on 'Fox News @Night'
White House Deputy Press Secretary Brian Morgenstern reacts on 'Fox News @Night'
The Buccaneers just made it look easy. Tom Brady and the offense took nine plays to get 66 yards, the drive ending with a 15-yard touchdown pass to Mike Evans. It might have been easier for the Buccaneers had they not gone to running back Leonard Fournette on each of their first- and second-down plays. [more]
(Bloomberg) -- SoftBank Vision Fund managing partner Colin Fan is leaving his role at the behemoth investment fund, marking the second departure of a managing partner this month, according to people with knowledge of the matter.The executive, who was previously head of global markets and co-head of corporate banking and securities at Deutsche Bank AG, has focused on financial technology bets at the fund. He will become an adviser to SBIA, SoftBank Group Corp.’s investment arm, according to the people.A representative for the Vision Fund declined to comment. Fan couldn’t be immediately reached for comment.Jeff Housenbold, the managing partner involved in its bets on startups including DoorDash Inc. and dog-walking startup Wag, is also leaving. Munish Varma, a managing partner based in London, is moving to San Francisco, taking on part of Fan’s responsibilities, the people said.Fan oversees the Vision Fund’s holdings in companies Alibaba Local Services, Fair, Flexport, Greensill, Guazi and Zume, according to the fund’s website. At least one of those companies, Greensill, in which the Vision Fund injected $800 million in May 2019 and another $655 million in October of that year, has faced recent struggles.Founded by billionaire Lex Greensill, the finance firm is considering raising capital as its banking arm faces regulatory scrutiny and some of its clients face withdrawals. The company specializes in extending short-term loans to companies secured against invoices, many of those loans are then packaged into funds.(Updates with context on advisory role.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Aliyah Boston scored 11 of her 20 points in the second half and grabbed 14 rebounds to help No. 4 South Carolina secure a 69-65 victory over LSU on Sunday. Destanni Henderson added 16 points and eight assists while Zia Cooke had 11 points for South Carolina (12-1, 7-0 SEC), which won its 26th straight game against conference competition. Khayla Pointer scored 18 and Tiara Young 16 for the Lady Tigers (6-7, 4-3) who'd defeated No. 8 Texas A&M earlier this month and looked primed to stage their second upset of a top 10 team in two weeks when they carried a lead into the fourth quarter.
President Joe Biden attended a church service in Washington's Georgetown neighborhood and stopped for bagels at a hot pink shop named "Call Your Mother" on his first Sunday in office. Biden waved at a crowd of cheering supporters near the shop, while his son Hunter waited at the takeout window before returning with a bag of bagels and some beverages. Andrew Dana, 35, one of the shop's owners, said the Bidens' visit came as a surprise.
RADNOR, Pa., Jan. 24, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Restaurant Brands International Inc. (NYSE: QSR) (“Restaurant Brands”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Restaurant Brands on behalf of those who purchased or acquired Restaurant Brands common stock between April 29, 2019, and October 28, 2019, inclusive (the “Class Period”). Reminder: Investors who purchased or acquired Restaurant Brands common stock during the Class Period may, no later than February 19, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484-270-1453) or Adrienne Bell, Esq. (484-270-1435); toll free at (844) 887-9500; via e-mail at email@example.com; or click https://www.ktmc.com/restaurant-brands-international-inc-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=restaurant_brands Restaurant Brands is a Canadian corporation and headquartered in Toronto, Ontario, Canada. It is one of the world’s largest restaurant chains with over 27,000 Tim Hortons, Burger King, and Popeyes restaurants in more than 100 countries and U.S. territories. On April 24, 2018, Restaurant Brands announced a new strategy designed to improve performance within its Tim Hortons brand. Specifically, the “Winning Together Plan” would focus on three key pillars: restaurant experience; product excellence; and brand communications. Then, on March 20, 2019, Restaurant Brands announced “Tims Rewards” – a new loyalty program for Tim Hortons customers in Canada. Under the Tims Rewards program, customers would be eligible for a free hot brewed coffee, hot tea, or baked good after every seventh paid visit to a participating Tim Hortons restaurant. On April 10, 2019, Restaurant Brands announced that it was expanding the Tims Rewards program to include customers in the United States. The Class Period commences on April 29, 2019, when Restaurant Brands filed its financial results for the first quarter ended March 31, 2019 with the SEC. Among other things, Restaurant Brands reported 0.5% system-wide year-over-year sales growth for Tim Hortons on system-wide sales of $1.547 billion. The complaint alleges that, throughout the Class Period, the defendants repeatedly touted the implementation and execution of Restaurant Brands’ Winning Together Plan and Tims Rewards loyalty program. On the heels of Restaurant Brands touting the benefits of these initiatives, the company completed two stock offerings on or about August 12, 2019, and September 5, 2019, collectively resulting in proceeds of approximately $3 billion to insiders. However, on October 29, 2019, the truth about Restaurant Brands’ execution of its Winning Together Plan and Tims Rewards loyalty program was revealed when the company announced disappointing financial results for the third quarter ended September 30, 2019. Among other things, Restaurant Brands reported a 0.1% system-wide year-over-year sales decline for Tim Hortons—representing a 1.4% same-store sales decline—on system-wide sales of $1.774 billion. Following this news, the price of Restaurant Brands common stock declined $2.59 per share, or approximately 4%, from a close of $68.45 per share on October 25, 2019, to close at $64.86 per share on October 28, 2019. The complaint alleges that, throughout the Class Period, the defendants misrepresented and/or failed to disclose that: (1) Restaurant Brands’ Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, the defendants’ statements about Restaurant Brands’ business, operations, and prospects lacked a reasonable basis. If you wish to discuss this securities fraud class action lawsuit or have any questions concerning this notice or your rights or interests with respect to this litigation, please contact Kessler Topaz Meltzer & Check, LLP (James Maro, Jr., Esq. or Adrienne Bell, Esq.) at (844) 887-9500 (toll free) or (610) 667–7706, or via e-mail at firstname.lastname@example.org. Restaurant Brands investors may, no later than February 19, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)(610) email@example.com
(Bloomberg) -- Canada is uneasy about President Joe Biden’s planned “Buy American” provisions and will press the case against moves that would harm the countries’ $725 billion trade relationship, according to Canada’s top diplomat. Biden is expected to sign an executive order this week urging federal agencies to buy goods and services from U.S. companies. Marc Garneau, Canada’s foreign minister, said he expects the new administration will discuss the measures with Justin Trudeau’s government. “President Biden is aware of it and the Prime Minister made that very clear that we are concerned about Buy American policies, because it actually harms our bilateral trading relationship which is so tightly integrated,” Garneau said in a television interview with CBC News.The U.S. and Canada exchanged nearly $2 billion a day in goods and services in 2019, making it “the world’s most comprehensive trading relationship,” according to the State Department. Some industries, such as the automotive sector, have highly-connected supply chains that span the border.“Sometimes, some of the products that we sell to the United States already have American components in them. And those are messages that we carried a lot during the Nafta 2 negotiations” with the Trump administration, Garneau added.The minister’s remarks come after Biden dealt Trudeau a blow on inauguration day by revoking the permit for the Keystone XL pipeline that would have taken more than 800,000 barrels a day of crude from western Canada to Nebraska. Read More: For Trudeau, Life After Trump Is Off to a Rocky StartFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Saudi Arabia's king appointed Fahad al-Mubarak as central bank governor, his second stint in one of the most sensitive positions in the kingdom replacing Ahmed al-Kholifey, a decree carried on state media on Sunday said. Mubarak, who had helmed the Saudi Central Bank (SAMA) from 2011-2016, was previously chairman and managing director of Morgan Stanley, Saudi Arabia, and has also served as chairman of the Saudi stock exchange. He was succeeded as governor in 2016 by Kholifey, who guided SAMA during a sharp economic contraction last year caused by lower crude prices and COVID-19.
A collaboration with Dutch electric bike specialist Van Moof was a nod to the freedom Ashpool found cycling the streets during the pandemic.
Six years ago, New England’s win over the Colts in an AFC Championship became marred by #Deflategate. From an erroneous report (undoubtedly leaked by the league to set a narrative) regarding 11 of 12 footballs underinflated by two or more pounds to the flawed investigation that followed to the suspension of Tom Brady to the [more]
For all the praise of how great ’70s cinema was, when you come to think about it, many of the great crime classics like Straight Time, The Godfather and Thief were all testosterone-driven, with female characters resigned to second- or third-class status. Unfortunate, considering an era known for its sense of revolution. Such was the […]
The hedge fund guru thinks a glut of passive capital has caused index funds to go from price-takers to price-makers
The stock market is riding a bullish wave, but here comes a tsunami of earnings, led by Apple and Tesla. With the Nasdaq extended, here's what to do.
Days after President Joe Biden took office and the Democrats took control of the U.S. Senate, Sen. Rand Paul, R-Ky., would not unequivocally say Sunday that the 2020 presidential election was not stolen and called for an investigation of fraud, without providing evidence. "Sen. Paul, I have to stop you there," ABC News Chief Anchor George Stephanopoulos interjected. "No election is perfect," Stephanopoulos continued.
Tamika Palmer is the reluctant public face of the movement seeking justice for her Breonna Taylor, baring her grief to protect her daughter's legacy.
President Joe Biden will impose a ban on most non-U.S. citizens entering the country who have recently been in South Africa starting Saturday in a bid to contain the spread of a new variant of COVID-19, U.S. public health officials told Reuters. Biden on Monday is also reimposing an entry ban on nearly all non-U.S. travelers who have been in Brazil, the United Kingdom, Ireland and 26 countries in Europe that allow travel across open borders, said the sources, who requested anonymity because the plans have not yet been made public. Then-President Donald Trump directed on Jan. 18 those restrictions on Brazil and Europe be lifted effective Tuesday but Biden's proclamation will rescind that decision.
Former NYC mayor laments being ‘portrayed as some kind of money-grubbing ambulance chaser’
"The Marksman" held on to the top spot, but theaters faced another weekend with no new wide releases.
A veteran rocket from billionaire entrepreneur Elon Musk’s SpaceX aerospace company launched 143 spacecraft into space on Sunday, a new record for the most spaceships deployed on a single mission, according to the company. The Falcon 9 rocket lifted off at 10 a.m. EST from the Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida. It flew south along the eastern coast of Florida on its way to space, the company said.
Sri Lanka 381, England 339-9: The captain hauled his side back into the second Test match at Galle with a brilliantly composed 186
The UK's oldest identical twin Lilian Cox slammed Boris Johnson's handling of the COVID crisis after the death of her sister Doris Hobday.