Speaker Nancy Pelosi said she feels so confident Democrats will keep the House this election, she’s already preparing to win the next one in 2022.
Speaker Nancy Pelosi said she feels so confident Democrats will keep the House this election, she’s already preparing to win the next one in 2022.
As several European countries have suspended access to the ski slopes to stop the spread of the coronavirus pandemic, the World Health Organization’s emergencies chief said the risk of catching COVID-19 while skiing is likely minimal. “I suspect many people won’t be infected barreling down the slopes on their skis,” said Dr. Michael Ryan said at a WHO news briefing on Monday. The U.N. health agency has previously said the coronavirus transmits much less easily outside because it is dispersed in the fresh air.
(Bloomberg) -- U.S. stocks fell from records as investors assessed the prospects for risk assets after a blistering month long rally. Crude oil declined.The S&P 500 dropped the most in a week, though remained on track for its best month since April. Global stocks and American small caps are still headed for their best months on record. Broad selling sent the Dow Jones Industrial Average lower. The tech-heavy Nasdaq indexes that trailed in November fared better than the S&P on Monday. Gold slumped and Bitcoin rallied back to an all-time high.“November certainly has been an impressive month for equity markets globally with the majority of them having seen double-digit percentage gains, so it certainly is not shocking to see investors digest the recent run,” said Yousef Abbasi, global market strategist at StoneX.Value Rotation Gives Europe a $1.7 Trillion Boost: Taking StockThe rapid pace to a coronavirus vaccine has given investors the confidence to price in a return to normalcy and faster economic growth, helping lift shares of companies that were hardest hit by the pandemic.Over the weekend, U.S. Surgeon General Jerome Adams said the federal government hopes to quickly review and approve requests from two drugmakers for emergency approval of their Covid-19 vaccines.“November has been such an unbelievable move up,” said Andrew Mies, chief investment officer of 6 Meridian. “All that is being driven by the vaccine.”Shares of Moderna Inc. surged as much as 18% on Monday after the company said it plans to request clearance for its coronavirus vaccine in the U.S. and Europe.The MSCI World Index has soared 13% in November, the best performance on record.The risk-on mood across markets has hurt demand for haven assets. Gold is on course for its largest monthly decline in four years. Even after gaining on Monday, the dollar is poised for a 2.5% drop in November.Gold Set for Worst Month Since 2016 as Risk Rally Thrives: ChartOil edged lower in New York. OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market.Elsewhere, the MSCI Asia Pacific Index sank 1.6% on Monday, the biggest loss in a month.Bitcoin took less than three years to replicate the euphoric ascent that catapulted the cryptocurrency into the mainstream consciousness. The world’s largest digital-asset gained as much as 8.7% to $19,351, according to data compiled by Bloomberg. It traded at a few cents for several years after its late 2008 launch by an unknown software developer in the wake of the global financial crash.These are some key events coming up:The Reserve Bank of Australia holds a policy meeting on Tuesday.Federal Reserve Chairman Jerome Powell testifies before Congress on Tuesday and Wednesday.The U.S. employment report on Friday is expected to show more Americans headed back to work in November, though at a slower pace than last month.Here are the main moves in markets: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.
Boca Raton, Florida, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (OTCQB:WINRD) (“Simplicity Esports”), announced today that it signed a 30 month long sponsorship agreement with Redragon, a global manufacturer and distributor of headsets, mice, keyboards, and gaming accessories. The sponsorship will include over $170,000 USD in cash and over $10,000 USD worth of gaming equipment for use by Simplicity Esports’ League of Legend franchise, playing under its Brazilian subsidiary brand, Flamengo Esports. The sponsorship monies will be paid over the 30 month term beginning in January. Jed Kaplan, CEO of Simplicity Esports, stated, “Redragon has been a great partner for us, since Simplicity Esports entered Brazil earlier this year with the acquisition of Flamengo Esports. We will proudly display their logo on the sleeve of our jersey to be seen by our dedicated fans, social media followers, and content watchers. We still have three available jersey sponsorship activations to sell, including the coveted center chest location that comes with a Master Sponsorship.”The exchange rate used to calculate the sponsorship value in USD is $5.32 Brazilian Reais to $1 USD.About Simplicity Esports and Gaming Company:Simplicity Esports and Gaming Company (WINR) is an established brand within the esports industry, competing and streaming in popular games across different genres, including Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, and various EA Sports® titles. Simplicity Esports also organizes and hosts various online play from home tournaments in the U.S. and Brazil. Simplicity Esports also operates as an owner and franchisor of the largest footprint of Esports Gaming Centers in North America, that provide the public an opportunity to experience and enjoy gaming and esports in a social setting, regardless of skill or experience. Additionally, Simplicity Esports is an organizer and host of paid entry, online, play from home tournaments.Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, Fortnite®, EA Sports® and Free Fire® are registered trademarks of their respective owners.Forward-Looking Statements:This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond Simplicity Esports’ control, including those set forth in the Risk Factors section of Simplicity Esports’ Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on August 31, 2020 and our subsequent SEC filings, as amended or updated from time to time. Copies of Simplicity Esports’ filings with the SEC are available on the SEC’s website at www.sec.gov. Simplicity Esports undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Simplicity Esports Contact: Roman Franklin President Roman@SimplicityEsports.com 561-819-8586
The chef of Red Rooster restaurants in Harlem, N.Y. and London picks presents for the foodies in your life
Los Angeles, California--(Newsfile Corp. - November 30, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Northern Dynasty Minerals Ltd. ("Northern Dynasty" or "the Company") (NYSE: NAK) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Northern Dynasty was issued a record of decision ...
Erin Kellyman, Cailee Spaeny, and Ellie Bamber are negotiating to star in the "Willow" series at Disney Plus, Variety has confirmed with sources. Details on the characters the three would play are being kept under wraps. Disney did not immediately respond to Variety's request for comment on the castings. The project was officially ordered to series at […]
For those pursuing a career in notoriously cutthroat industries like music or acting, social media fame offers a great way to sneak in through the proverbial back door, so to speak. One of the finest examples of success on that front is Andrew Bazzi, now known mononymously by his surname, who first rose to viral […]
Protesters gathered outside the home of Los Angeles County Public Health Director Barbara Ferrer on November 29 to protest new coronavirus-related restrictions implemented in response to a rise in positive cases the county.Public health officials announced the restrictions would come into effect on November 30 and run at least through December 20. Gatherings are banned with the exception those held within households, or as part of “faith-based services and protests.” Officials said cases were at “alarming levels and the number of people hospitalized continue to increase.”In this footage taken on Sunday, people are seen gathered near Ferrer’s home with placards and banners. Credit: Chris Kissel via Storyful
Robert De Niro, Viola Davis, Al Pacino, Jennifer Lawrence and more Hollywood stars have expressed gratitude to Sen. Chuck Schumer for advocating on behalf of movie theaters and "working to ensure the survival of New York's critical arts and culture institutions." Schumer has been a vocal supporter of the bipartisan Save Our Stages act, which would […]
Georgia's top elections official on Monday announced investigations into potential violations of election law even as he continued to defend the integrity of the state's election against what he said are baseless attacks. Secretary of State Brad Raffensperger said during a news conference at the state Capitol that his office continues to investigate any credible claims of illegal voting and violations of state election law.
Netflix’s The Queen’s Gambit dominated Nielsen’s U.S. streaming rankings for the week of October 26 to November 1, piling up nearly 1.9 million total minutes of viewing. The rankings are usually released on Thursday but were delayed due to the Thanksgiving holiday. Netflix last week said Gambit had drawn 62 million global viewers to become […]
Ajit Pai, a Republican, says he is leaving the telecommunications regulatory agency, clearing the way for President-elect Joe Biden to select a new chairman.
Tesla has secured tax exemptions in China for its Model Y compact SUV, ahead of its production there, according to a media report.
The gift-worthy gadget lets you update photos and add music remotely—save more than 35 percent till midnight PST.
BTS' fifth Korean language album is also their fifth album to reach No. 1 on the Billboard 200 albums chart.
Last week, the Coalition of Argentine Provincial Bondholders (the "CAPB"), which was formed by a group of international asset managers holding over $3 billion in bonds issued by Argentine provinces, published a statement of "Basic Principles" that should govern any restructuring of Argentine provincial debt. The Steering Committee of the Ad Hoc Group of Buenos Aires Bondholders (the "Group"), which comprises more than 40 institutions holding in excess of 49% of the external bonded debt of the Province of Buenos Aires (the "Province"), endorse the CAPB Basic Principles as providing a positive and constructive framework for finding a resolution of the Province's ongoing debt default.
These Cyber Monday 2020 price drops on OLED TVs, Apple AirPods, power tools and more are some of the best we've seen—shop our top picks.
(Bloomberg) -- OPEC talks ended without an agreement on next year’s oil output, with ministers punting the final decision into a second day of discussions as tensions in the cartel simmered.The coalition is debating whether to maintain its supply cuts at current levels, or increase output as planned next year. Market-watchers have been expecting a three month delay -- and if the group doesn’t deliver the recent rally in crude prices could be undermined.At stake also is the credibility of the cartel whose actions have underpinned the market since the spectacular oil crash earlier this year. The run-up to the meeting has seen new cracks emerging in the relationship between the United Arab Emirates -- a core part of the cartel -- and other members.Saudi Arabia’s Energy Minister Prince Abdulaziz Bin Salman signaled his dissatisfaction with the situation on Monday by telling others he may resign as co-chair of a committee that oversees the OPEC+ deal.“Tomorrow’s meeting will be tough” but will probably reach a consensus, Iranian Oil Minister Bijan Namdar Zanganeh told the Shana news agency.After a video conference lasting about four hours, there had been no opposition to the proposed three-month delay, but delegates said there was no consensus about the precise terms of the extension. Still unresolved were questions of members’ compliance with pledged cuts, and compensation from countries that have previously exceeded their supply limits.Ministers from the Organization of Petroleum Exporting Countries will talk again on Tuesday morning, before further discussions with allies including Russia in the afternoon.Tensions ShowingThe tensions spilled into view on Sunday, when producers held informal discussions. Most of them supported maintaining the existing curbs into the first quarter, but the plan didn’t get backing from two of the coalition’s major players: the UAE and Kazakhstan, delegates said.Tensions have emerged between the UAE and the Saudis, traditionally stalwart partners. Abu Dhabi has grown impatient to use its new production capacity, while also planning to launch a regional oil benchmark contract. The country hasn’t commented publicly on its stance, and officials said before Monday’s meeting that they hadn’t decided on a position.Kazakhstan is ready to discuss its position, according to a person familiar with the country’s oil policy. The Kazakh Energy Ministry declined to comment.“I expect that there will be a show of unity tomorrow” and eventually a deal, said Helima Croft, chief commodities strategist at RBC. An OPEC agreement is always “a product of negotiations and consensus,” she said.If an understanding can’t be achieved, the existing agreement allows members to add 1.9 million barrels a day to world markets, potentially derailing the recent rebound in crude prices. Brent futures are trading near $47 a barrel in London. Crude could fall by about $5 if OPEC+ doesn’t delay the production increase, according to Goldman Sachs Group Inc.Demand ConcernsOPEC+ made vast production cuts during the depths of the pandemic to offset a historic collapse in fuel demand. The alliance had planned to ease some of those curbs at the start of 2021, in anticipation of a global economic recovery. Over the past few weeks, leading figures in the alliance such as Saudi Prince Abdulaziz and Russian Deputy Prime Minister Alexander Novak have signaled support for tweaking that plan. While a breakthrough in vaccines to tackle the coronavirus propelled oil prices to an eight-month high, a resurgence in infections has triggered a new wave of lockdowns and inflicted a fresh blow to fuel consumption. The cartel and the wider industry have downgraded their outlooks for 2021, with a picture that’s sharply polarized between recovery in Asia and stagnation in Europe.In a speech at the meeting’s opening session, Algerian Energy Minister Abdelmadjid Attar, who holds OPEC’s rotating presidency, laid out the reasons for a delay. “We must be aware today that the market conditions of 2020 are likely to continue during the first quarter of 2021,” he said. “We must be cautious.”Yet Abu Dhabi has so far withheld its blessing for the proposal, with Energy Minister Suhail Al-Mazrouei repeating his position that many countries still haven’t implemented the supply cuts they’ve been obligated to make for months, delegates said.That may have been a pointed reference to the Saudis’ treatment of the UAE during the summer, when Al-Mazrouei was summoned to Riyadh and given a public rebuke for his own overproduction. The country has since delivered the required compensatory curbs, but other laggards like Iraq and Nigeria haven’t.The Emirates’ frustration flared two weeks ago, when officials signaled privately that they were dissatisfied with the quota assigned to them by OPEC, and were even contemplating leaving the organization in the long term.“The deal is still within reach,” said Amrita Sen, co-founder of consultant Energy Aspects Ltd. “But there are risks, and probably the market isn’t appreciating the magnitude of the risk. Saudi Arabia is clearly unhappy with the negotiations.”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.
General Motors has done an about-face on its planned partnership with electric auto startup Nikola- sending Nikola shares plunging. GM pulled the plug on supplying batteries, other parts, and factory space for Nikola's proposed Badger electric pick up truck.... effectively putting plans for the electric model on ice. Nikola will now have to refund deposits. The two also announced Monday that GM will no longer take an 11 percent equity stake in Nikola or get $700 million as stated in the original deal announced in September. GM was forced to rethink its partnership with Nikola after a short-seller criticized Nikola for being a fraud. Something Nikola has denied. But GM isn't walking away completely from the startup. Under a new deal, GM will supply its fuel-cell system for two of Nikola's commercial semi-trucks and the two are also discussing the potential use of GM's electric battery system in Nikola's commercial trailers. GM's original interest in a partnership with the startup had been seen as a vote of confidence in Nikola, but with that deal now scrapped, Nikola shares were pummeled on Monday. The stock lost one-fourth of its value. Fellow electric automaker Tesla was knocked off an all-time high by the news. Shares of GM were down slightly.
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