Kanye West calls for write-in campaigns in presidential bid for 2020.
Kanye West calls for write-in campaigns in presidential bid for 2020.
Just days before Election Day, a new COVID-19 outbreak emerged from the White House in the Vice President's office.
The order comes after two days of looting and violent unrest sparked by the shooting of Walter Wallace Jr.
Fast-moving Hurricane Zeta, a Category 2 storm, made landfall on the southeastern coast of Louisiana, potentially delivering a storm surge of up to 11 feet. The storm landed near Cocodrie, Louisiana, around 5:15 p.m. with wind speeds reaching 110 mph. This is the strongest hurricane landfall in the continental U.S. this late in the season in over 100 years. Hurricane warnings had been issued for southeastern Louisiana, including New Orleans, and for southern Mississippi, including Gulfport and Biloxi.
The Global Bus HVAC System Market will grow by $ 33.80 mn during 2020-2024
Envoy became embroiled in social media spat after criticism of his Huawei stance
Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Evolus To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - October 28, 2020) - If you suffered losses exceeding $100,000 investing in Evolus stock or options between February 1, 2019 and July 6, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/EOLS or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 ...
Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Teva To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - October 28, 2020) - If you suffered losses exceeding $50,000 investing in Teva stock or options between October 29, 2015 and August 18, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/TEVA or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 ...
Pinterest Inc. is seeing a boom in new users as shut-in DIYers looked for new home improvement projects during the pandemic, and its revenue benefitted from a boycott by many large advertisers of Facebook.
(Bloomberg) -- Taiwan’s United Microelectronics Corp. pledged “substantial assistance” to the U.S. in a high-profile trade-secrets prosecution of Chinese chipmaker Fujian Jinhua Integrated Circuit Co.UMC pleaded guilty Wednesday in San Francisco federal court in a deal with U.S. prosecutors, who agreed to drop serious charges of economic espionage and conspiracy for the alleged theft of proprietary information from Idaho-based Micron Technology Inc. UMC instead admitted to trade-secret theft and agreed to pay a $60 million fine.The guilty plea resolves one piece of a complicated, international prosecution of an allegedly illegal transfer of Micron’s memory design in a chip manufacturing deal between Taiwan-based UMC and Jinjiang-based Fujian Jinhua. But it also leaves key questions unanswered.The case was the first filed under the Trump administration’s “China Initiative,” a Justice Department program aimed at prioritizing trade-theft cases and litigating them as quickly as possible. With UMC removed as a defendant, China becomes the target as tension with the West is aggravated by issues including Beijing’s hacking and control of key technologies, its handling of the Covid-19 outbreak, tightening grip over Hong Kong and treatment of Muslim Uighurs.Read More: U.S. Deploys New Tactics in Prosecution of Chinese Chipmaker“UMC takes full responsibility for the actions of its employees, and we are pleased to have reached an appropriate resolution regarding this matter,” the company said in a statement.“UMC’s guilty plea points this case towards trial against Fujian Jinhua in 2021,” said U.S. Attorney David L. Anderson. “Criminal trade secrets cases protect freedom and innovation. These cases have global significance when a foreign defendant is charged with stealing intellectual property protected by U.S. law.”Fujian Jinhua couldn’t immediately be reached for comment.Fujian Jinhua has complained that the prosecution has helped to hobble China’s aspirations of mass producing memory chips. The company has argued its very existence is at stake ever since the U.S. Commerce Department blacklisted it in 2018, blocking its ability to buy U.S. chip-making gear and cratering its production plans.Prosecutors haven’t publicly detailed the cooperation they are seeking from UMC against Fujian Jinhua, and UMC itself declined to comment on it. UMC’s plea means the Taiwan-based company is now helping in the criminal prosecution of a former Chinese business partner, potentially exacerbating tensions.Charges are still pending against three individual defendants, the former president of Fujian Jinhua and two UMC engineers. One of them, J.T. Ho, still works at UMC, according to the company. The U.S. maintains arrest warrants for all three.Neal Stephens, a lawyer for Micron, told U.S. District Judge Maxine M. Chesney that with the resolution of the criminal case against UMC, Micron will push forward with its civil trade-secrets case against the company, which had been put on hold. UMC has opposed reopening the case, Stephens said.Still unknown is how much more money UMC will ultimately pay. In addition to the U.S. fine, Micron will seek to make UMC pay restitution for the loss and damages caused by the theft. The companies agreed the sum will be argued in the civil suit because there’s a “great gulf and disparity” between what the two sides believe the value to be, said Leslie Caldwell, a lawyer for UMC.The criminal case is U.S. v. United Microelectronics Corp., 18-cr-00465; the civil suit is Micron v. United Microelectronics and Fujian Jinhua, 17-cv-06932, U.S. District Court for the Northern District of California (San Francisco).(Updates with prosecutor’s statement in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Due to wildfires burning up north and in the Sierra some parts of the Bay Area are seeing a decrease in air quality. Track the levels where you live here.
New York, New York--(Newsfile Corp. - October 28, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Mesoblast Limited ("Mesoblast") (NASDAQ: MESO) between April 16, 2019 and October 1, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. To get ...
Hoskins Sotutu will start a test for the first time when New Zealand plays Australia in the third Bledisloe Cup rugby test on Saturday. Veteran lock Sam Whitelock returns from a head injury and Karl Tu’inukuafe takes over at loosehead prop from Joe Moody in other changes to the starting lineup which won the second test 27-7 in Auckland.
Some people think Billie Eilish is hiding beneath the Jellyfish costume.
Sales of the "Harry Potter" books written by J.K. Rowling have increased for Bloomsbury publishing in recent months.
Terez Paylor & Charles Robinson offer a 2020 NFL trade deadline primer ahead of next week's big cutoff day.
Two grand jurors in the Breonna Taylor case said Wednesday that they believed three Louisville, Ky., police officers acted with negligence when they fired into Taylor’s apartment during a botched raid that left the 26-year-old woman dead.
Cats do a lot of strange things, but most all of their behaviors can explained. Have you ever wondered why you cat sticks his bum in your face?
(Bloomberg) -- Lucy Peng has been dubbed Alibaba Group Holding Ltd.’s most influential woman.The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she’s played a key role guiding Jack Ma’s empire. Peng, 47, helped set up Alibaba’s human-resources department, was Ant Group Co.’s chief executive officer and is now executive chairwoman of Lazada Group SA, the Southeast Asian e-commerce platform.The former finance teacher is also emerging as one of the wealthiest people within the wildly successful Alibaba ecosystem and one of the richest women on the planet. Peng holds a 1.7% stake in Ant, the fintech firm that’s set to raise $34.5 billion in a dual listing in Shanghai and Hong Kong that could take its valuation to $320 billion. She’ll be worth about $5 billion, based on the pricing of the initial public offering, according to the Bloomberg Billionaires Index. Ant declined to comment on Peng’s wealth.“Jack famously considers women a key asset in his success; Lucy is the embodiment of that,” said Duncan Clark, author of “Alibaba: The House That Jack Ma Built” and chairman of investment consulting firm BDA China. “That’s why she’s been deployed on new ventures at critical moments of the company’s development. She’s been very focused on the key behind-the-scenes work, especially on human resources, and as such has earned and retained the trust of Jack.”Women represent almost 40% of Alibaba Partnership members, the elite group that has the power to determine the management’s annual cash bonuses. Along with Peng, six other female leaders are heading for billionaire status thanks to Ant’s record IPO, with a combined stake value of $14.5 billion. They include Trudy Dai, one of the 18 Alibaba co-founders and president of its business-to-business unit; Judy Tong, the e-commerce giant’s chief people officer; and Ant’s vice president, Yijie Peng.China has been the main engine for self-made female billionaires in recent years: Among the world’s 500 richest people, two-thirds of the 15 women who created their own fortunes are Chinese entrepreneurs, according to Bloomberg’s wealth index.Peng met Ma through her husband, Sun Tongyu, when they worked together at China Pages, a Yellow Pages-like online directory Ma set up before Alibaba. She was born in Chongqing in southwestern China, graduated from Zhejiang Gongshang University’s Hangzhou Institute of Commerce with a bachelor’s degree in business administration in 1994 and taught at a finance college for five years before joining Ma’s e-commerce venture, according to Alibaba’s prospectus in 2014.Peng served as chief people officer for most of her time at the e-commerce giant before taking the role of Alipay’s CEO in 2010 to enhance the app’s payment process and user experience. In about a year after she took over, the payment success rate had increased to 95% from 60%, the company said on its website. The platform, owned by Ant, started in 2004 as an escrow service for buyers and sellers on Ma’s shopping site Taobao.com as it competed with EBay Inc. for market share in China.“Alibaba treasures talent, teams and culture from day one,” Peng said at a panel discussion at Stanford University in 2012, adding that about 30% of Alibaba leaders’ performance metrics are based on team management. “We set very detailed requirements for culture and values supported by systematic structure, and it is not just hollow words.”Ant’s ExpansionAfter Alibaba spun off Ant in 2011, the unit quickly acquired licenses and expanded into wealth management, consumer lending and insurance. With more than 1 billion users globally, the firm’s valuation has already surged eightfold over the past five years.Now Ant is about to sell shares in the world’s largest IPO, unlocking one of the greatest wealth-creation machines in history. Peng, who owns the biggest individual Ant stake after Ma, and Ma himself aren’t the only ones winning big. At least 17 other people are becoming billionaires from the listing, which has enticed retail and institutional investors alike. The was said to stop taking investor orders for the Hong Kong leg of the IPO a day earlier than planned because it was already heavily subscribed.Peng handed over Ant’s chairmanship to Eric Jing in 2018 to focus on Lazada, an e-commerce venture that Alibaba bought a stake for $1 billion in 2016 before increasing its investment over the years. Peng served as its CEO for nine months and remains its chairwoman.At Ant, Peng is again behind the scenes. She left the company’s board in August, and her name appears only seven times in the 674-page prospectus. Still, the behemoth listing and Ant’s rise mark the achievement of her goal from four years ago, when she said an IPO would give the firm an opportunity to tell its story and raise money for acquisitions.“Perhaps we should be better at letting everyone know what Ant actually does,” the then-executive chair of Ant said in a 2016 interview. “Payments is just the tip of the iceberg. What’s big is under the water.”(Updates with more details in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The coronavirus outbreak might prevent Dodgers fans from buying World Series championship merchandise in-person, but there's plenty of demand online.
Minty Bets, Jared Quay & Matt Gothard give out their moneyline parlay for Week 8 of the 2020 NFL season.