Hello 👋 Here’s what we’re following around the world:
✈ Cathay Pacific is cutting 8,500 jobs as part of a sweeping restructuring that will also shutter its Dragon airline unit. https://bloom.bg/31r47LX
🤳 Thailand’s protesters are using Facebook emoji and Twitter retweets to plan their rallies — and stay ahead of the police. https://bloom.bg/3mbiOL1
🏙 And it’s time to negotiate your lease. From Singapore to Sydney to New York, downtown apartments rents are plunging. https://bloom.bg/2FQ5qg6
✈ Cathay Pacific is cutting 8,500 jobs as part of a sweeping restructuring that will also shutter its Dragon airline unit. https://bloom.bg/31r47LX
🤳 Thailand’s protesters are using Facebook emoji and Twitter retweets to plan their rallies — and stay ahead of the police. https://bloom.bg/3mbiOL1
🏙 And it’s time to negotiate your lease. From Singapore to Sydney to New York, downtown apartments rents are plunging. https://bloom.bg/2FQ5qg6
Bloomberg
Cathay Pacific Joins Aviation Jobs Cull, Closes Regional Carrier
Hong Kong’s Cathay Pacific Airways Ltd. will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virus’s resurgence in the U.S. and Europe and the lack of a vaccine underscore the ongoing uncertainty…
💰 Snapchat founders are billions of dollars richer after the Covid-19 pandemic boosted both usage of their app and company profits. https://bloom.bg/2FN5Nb7
🦄 A former Chinese tech unicorn backed by Goldman Sachs may now sell for just over $100. https://bloom.bg/2IH47B1
🇬🇧 European Union chief Brexit negotiator Michel Barnier highlights the importance of the U.K.’s sovereignty and says a deal is still within reach. https://bloom.bg/31tEv19
🦄 A former Chinese tech unicorn backed by Goldman Sachs may now sell for just over $100. https://bloom.bg/2IH47B1
🇬🇧 European Union chief Brexit negotiator Michel Barnier highlights the importance of the U.K.’s sovereignty and says a deal is still within reach. https://bloom.bg/31tEv19
Bloomberg
Snapchat Co-Founders Share $2.7 Billion Windfall
Snap Inc.’s co-founders got richer by billions of dollars in just a few hours, after the company reported better-than-expected results as the coronavirus pandemic boosted usage of its app.
💵 Pelosi and Mnuchin are making progress on a stimulus bill, but it may not come together before Election Day: https://bloom.bg/3ogBI52
💊 Purdue Pharma agrees to settle with the Justice Department over how it marketed OxyContin, the addictive painkiller blamed for sparking the opioid crisis: https://bloom.bg/34gBBP2
🧑💼💼 After pledging to expand workforce diversity back in June, Microsoft is still struggling to increase Black and Latinx representation: https://bloom.bg/31urNiA
💊 Purdue Pharma agrees to settle with the Justice Department over how it marketed OxyContin, the addictive painkiller blamed for sparking the opioid crisis: https://bloom.bg/34gBBP2
🧑💼💼 After pledging to expand workforce diversity back in June, Microsoft is still struggling to increase Black and Latinx representation: https://bloom.bg/31urNiA
📩 The U.S. says Iran and Russia are attempting to interfere with the presidential election, allowing the spread of false information to voters. https://bloom.bg/31yo8k2
🎠 A former Chinese tech unicorn, backed by Goldman and Tencent, could now sell for just over $1,000. https://bloom.bg/3dNUADZ
🇺🇸🇨🇳 And the U.S.-China conflict over chips is about to get uglier. The ability to make semiconductors has become a national security issue, and the election won’t change that. https://bloom.bg/3jgWrC9
🎠 A former Chinese tech unicorn, backed by Goldman and Tencent, could now sell for just over $1,000. https://bloom.bg/3dNUADZ
🇺🇸🇨🇳 And the U.S.-China conflict over chips is about to get uglier. The ability to make semiconductors has become a national security issue, and the election won’t change that. https://bloom.bg/3jgWrC9
🇹🇷 Turkey is sticking to its demands that the U.S. transfer missile technology and share production ahead of a NATO meeting. https://bloom.bg/3m9YNo9
⚰️ Protests in Nigeria are increasingly deadly. https://bloom.bg/3jl9i6z
🗳️ In their final debate, President Donald Trump and Democrat Joe Biden will face their worst enemies – themselves. https://bloom.bg/2Hg6zOR
⚰️ Protests in Nigeria are increasingly deadly. https://bloom.bg/3jl9i6z
🗳️ In their final debate, President Donald Trump and Democrat Joe Biden will face their worst enemies – themselves. https://bloom.bg/2Hg6zOR
Bloomberg
Turkey Puts Missile Spat at NATO’s Door Before Meeting
Turkey is sticking to its demands that the U.S. transfer missile technology and share production for any future missile-defense deal following Ankara’s purchase of a Russian system that has alarmed NATO partners.
💵 Funding for Covid testing and tracing is “just about there,” says Nancy Pelosi, but significant differences remain on other key stimulus issues: https://bloom.bg/2IWoRFb
📄 All 465 pages of Ghislaine Maxwell’s deposition in the Jeffrey Epstein case have been released: https://bloom.bg/35lWZ4V
📱 Robinhood lured millennials and Gen Z with free stock trading. Now the company has to convince users it’s more than just a trading app: https://bloom.bg/31zeOfI
📄 All 465 pages of Ghislaine Maxwell’s deposition in the Jeffrey Epstein case have been released: https://bloom.bg/35lWZ4V
📱 Robinhood lured millennials and Gen Z with free stock trading. Now the company has to convince users it’s more than just a trading app: https://bloom.bg/31zeOfI
Hello, here's what we're following:
🇺🇸 Joe Biden opened the final U.S. presidential debate by blaming Donald Trump for the deaths of more than 220,000 Americans in the coronavirus pandemic, saying the president doesn’t deserve re-election. Follow our live updates and analysis here: https://bloom.bg/3oh0xxS
💰 Goldman Sachs racked up over $5 billion in global penalties for its role in Malaysia's 1MDB scandal, staining the bank's reputation once again. https://bloom.bg/2HiDlyR
📱And former Google CEO Eric Schmidt called social networks “amplifiers for idiots” that are likely to result in greater internet regulation in the coming years. https://bloom.bg/3kAFTGZ
🇺🇸 Joe Biden opened the final U.S. presidential debate by blaming Donald Trump for the deaths of more than 220,000 Americans in the coronavirus pandemic, saying the president doesn’t deserve re-election. Follow our live updates and analysis here: https://bloom.bg/3oh0xxS
💰 Goldman Sachs racked up over $5 billion in global penalties for its role in Malaysia's 1MDB scandal, staining the bank's reputation once again. https://bloom.bg/2HiDlyR
📱And former Google CEO Eric Schmidt called social networks “amplifiers for idiots” that are likely to result in greater internet regulation in the coming years. https://bloom.bg/3kAFTGZ
🇺🇸 Donald Trump kept his cool in a more composed debate performance, yet gained little ground on Joe Biden. We fact checked both candidates’ claims. https://bloom.bg/3kngsbL
🕵️♂️ The U.K. financial regulator is investigating 14 firms and six individuals over their roles in a tax scandal across four countries. https://bloom.bg/3jlFbMg
👚 The heiress to a $2.7 billion fast-fashion fortune is backing a label that turns waste into jackets and blazers, as she tries to make clothing green. https://bloom.bg/3koNGHE
🕵️♂️ The U.K. financial regulator is investigating 14 firms and six individuals over their roles in a tax scandal across four countries. https://bloom.bg/3jlFbMg
👚 The heiress to a $2.7 billion fast-fashion fortune is backing a label that turns waste into jackets and blazers, as she tries to make clothing green. https://bloom.bg/3koNGHE
Bloomberg
Fact Check: Trump and Biden’s Final Presidential Debate
President Donald Trump and Democratic nominee Joe Biden met for the last time before the Nov. 3 election, with a debate more orderly but just as spirited as their first face-off last month. The two candidates challenged each other on their tax plans, the…
💵 Republicans and Democrats continue to point the blame at each other, putting stimulus negotiations at a standstill: https://bloom.bg/3okaCKv
😷 A new University of Washington study predicts that universal mask-wearing in the U.S. could save about 130,000 lives by March 2021. Only half of Americans say they always wear masks in public: https://bloom.bg/3mlbvRj
🥾 More Americans are buying “tactical apparel” ahead of Election Day as sellers find new markets in major cities: https://bloom.bg/3ksNeIy
😷 A new University of Washington study predicts that universal mask-wearing in the U.S. could save about 130,000 lives by March 2021. Only half of Americans say they always wear masks in public: https://bloom.bg/3mlbvRj
🥾 More Americans are buying “tactical apparel” ahead of Election Day as sellers find new markets in major cities: https://bloom.bg/3ksNeIy
🇨🇳 A U.S. arms sale to Taiwan last week has prompted China to plan unspecified sanctions on the defense units of Boeing, Raytheon and Lockheed Martin. https://bloom.bg/3miGk8Y
💡 Californian blackouts are really just another stark reminder of the Golden State’s battle with Mother Nature. https://bloom.bg/3e9Al3P
🎧 Apple is planning a smaller AirPods Pro as the earbuds face new competition from Amazon and Google. https://bloom.bg/2HxVU1I
💡 Californian blackouts are really just another stark reminder of the Golden State’s battle with Mother Nature. https://bloom.bg/3e9Al3P
🎧 Apple is planning a smaller AirPods Pro as the earbuds face new competition from Amazon and Google. https://bloom.bg/2HxVU1I
Bloomberg
China to Sanction Boeing, Raytheon, Lockheed Over Taiwan Arms
China will impose unspecified sanctions on Boeing Co.’s defense unit, Lockheed Martin Corp. and Raytheon Technologies Corp. after the U.S. State Department approved $1.8 billion in arms sales to Taiwan last week.
⚖️ The U.S. Senate is set to confirm Amy Coney Barrett to the Supreme Court today, making way for a 6-3 conservative majority: https://bloom.bg/2J1mJMg
📮 Slow on-time deliveries by the USPS are prompting advocates to urge voters to drop off ballots in person: https://bloom.bg/3kuR0Ba
💬 Jared Kushner says that Black Americans must “want to be successful” in order for the Trump Administration’s policies to help them: https://bloom.bg/3osVNoR
📮 Slow on-time deliveries by the USPS are prompting advocates to urge voters to drop off ballots in person: https://bloom.bg/3kuR0Ba
💬 Jared Kushner says that Black Americans must “want to be successful” in order for the Trump Administration’s policies to help them: https://bloom.bg/3osVNoR
Bloomberg
Senate Set for Vote Monday to Place Barrett on Supreme Court
Amy Coney Barrett is on the cusp of confirmation, with the Senate ready to vote Monday night to elevate her to the Supreme Court and Justice Clarence Thomas prepared to administer her oath at the White House eight days before the presidential election.
Hello, here's what we're following right now:
⚖️ Judge Amy Coney Barrett was confirmed to the U.S. Supreme Court by the Senate, solidifying a conservative majority just eight days before the election. https://bloom.bg/35BKZfx
💸 Sheldon Adelson’s Sands, the world’s largest casino company, is exploring a $6 billion sale of its Las Vegas properties, sources say. The move would concentrate his portfolio entirely in Macau and Singapore. https://bloom.bg/2Tu7FZu
🇺🇸🇨🇳 And 10 leading investors shared their picks and predictions for trading the U.S.-China clash: https://bloom.bg/37Ljcwa
⚖️ Judge Amy Coney Barrett was confirmed to the U.S. Supreme Court by the Senate, solidifying a conservative majority just eight days before the election. https://bloom.bg/35BKZfx
💸 Sheldon Adelson’s Sands, the world’s largest casino company, is exploring a $6 billion sale of its Las Vegas properties, sources say. The move would concentrate his portfolio entirely in Macau and Singapore. https://bloom.bg/2Tu7FZu
🇺🇸🇨🇳 And 10 leading investors shared their picks and predictions for trading the U.S.-China clash: https://bloom.bg/37Ljcwa
😷 Lockdown, the drastic step no European nation wanted to consider for a second time, is back. https://bloom.bg/37IXybA
🤝 Hopes that the U.S. will pass a fiscal stimulus package before its elections are dim as an agreement between senators looks almost impossible. https://bloom.bg/3ms7nPg
🌄 Some may say that China is a latecomer to superpower status, but if you ask the Chinese, they’ll say their global rise is only history repeating itself. https://bloom.bg/2G2SNyl
🤝 Hopes that the U.S. will pass a fiscal stimulus package before its elections are dim as an agreement between senators looks almost impossible. https://bloom.bg/3ms7nPg
🌄 Some may say that China is a latecomer to superpower status, but if you ask the Chinese, they’ll say their global rise is only history repeating itself. https://bloom.bg/2G2SNyl
💵 The White House appears to have abandoned hopes on a new stimulus package with just one week before Election Day: https://bloom.bg/3jAc3Rx
🍽 A second wave of food stockpiling is hitting U.S. households. But this time, food makers are prepared: https://bloom.bg/2HECIQa
👕 “Amazon ruined my life.” A retail veteran is fighting the e-commerce giant after his merchandise was suspected of being inauthentic and destroyed: https://bloom.bg/3jysf5Q
🍽 A second wave of food stockpiling is hitting U.S. households. But this time, food makers are prepared: https://bloom.bg/2HECIQa
👕 “Amazon ruined my life.” A retail veteran is fighting the e-commerce giant after his merchandise was suspected of being inauthentic and destroyed: https://bloom.bg/3jysf5Q
🌏 As countries across the globe grapple with the possibility of renewed lockdowns, one city in Australia offers bleak lessons for everyone else: https://bloom.bg/3eaEsfW
📉 The world’s biggest ETF is losing cash faster than any of its peers. https://bloom.bg/2G5GXDF
🇭🇰 And three pro-democracy activists were arrested by Hong Kong police after briefly entering the U.S. consulate on Tuesday, apparently to seek asylum. https://bloom.bg/2HFKQQq
📉 The world’s biggest ETF is losing cash faster than any of its peers. https://bloom.bg/2G5GXDF
🇭🇰 And three pro-democracy activists were arrested by Hong Kong police after briefly entering the U.S. consulate on Tuesday, apparently to seek asylum. https://bloom.bg/2HFKQQq
👨🏽⚖️ The U.S. Supreme Court has issued a far-reaching set of opinions that might give President Donald Trump the winning edge in a contested election. https://bloom.bg/3e46AB5
😷 Can you get Covid-19 twice? Read this to find out what reinfection really means. https://bloom.bg/37Pp3jU
🍹 Germany is moving towards shuttering bars and restaurants to check an alarming rise in coronavirus cases. https://bloom.bg/2HxXvVG
😷 Can you get Covid-19 twice? Read this to find out what reinfection really means. https://bloom.bg/37Pp3jU
🍹 Germany is moving towards shuttering bars and restaurants to check an alarming rise in coronavirus cases. https://bloom.bg/2HxXvVG
Bloomberg
Supreme Court Conservatives Map Path to Help Trump Win a Contested Race
The Kavanaugh opinion left many liberals alarmed at the growing possibility of a replay of Bush v. Gore.
📱 Senate lawmakers grilled Big Tech CEOs on abuse of power over political speech, alleging bias and censorship: https://bloom.bg/2Gd9x68
💰A growing number of anti-police violence protesters are suing U.S. cities over excessive force during demonstrations — and the legal costs are adding up: https://bloom.bg/3kDM0dl
🥊 K-pop superfans versus QAnon devotees is the political battle no one could have predicted: https://bloom.bg/3mwqAQ1
💰A growing number of anti-police violence protesters are suing U.S. cities over excessive force during demonstrations — and the legal costs are adding up: https://bloom.bg/3kDM0dl
🥊 K-pop superfans versus QAnon devotees is the political battle no one could have predicted: https://bloom.bg/3mwqAQ1
Hello 👋 Here's what's making news around the world:
📉 Asian stocks dropped on Thursday after shares tumbled in the U.S. and Europe, and U.S. futures rebounded from the worst of the overnight declines. https://bloom.bg/31SSyxl
🇹🇼 Taiwan hit 200 days without a locally transmitted case of Covid-19, the world’s best virus record by far. Here’s how it hit that milestone: https://bloom.bg/3ecXNNp
💉 Meanwhile, a vaccine won’t be available in the U.S. until January, if then, says the nation’s top infectious-disease doctor Anthony Fauci. https://bloom.bg/37KXCrw
📉 Asian stocks dropped on Thursday after shares tumbled in the U.S. and Europe, and U.S. futures rebounded from the worst of the overnight declines. https://bloom.bg/31SSyxl
🇹🇼 Taiwan hit 200 days without a locally transmitted case of Covid-19, the world’s best virus record by far. Here’s how it hit that milestone: https://bloom.bg/3ecXNNp
💉 Meanwhile, a vaccine won’t be available in the U.S. until January, if then, says the nation’s top infectious-disease doctor Anthony Fauci. https://bloom.bg/37KXCrw
🏦 Gold is hot. Central banks are selling the precious metal for the first time in a decade. https://bloom.bg/2TxDqAT
🚢 Thanks to the coronavirus pandemic, the practice of breaking apart ships and selling them for parts is on the rise. https://bloom.bg/3kzyk37
🇬🇧 The bright side of Brexit? Whether or not there’s a trade deal, leaving the EU could help some U.K. industries. https://bloom.bg/31Qm0UY
🚢 Thanks to the coronavirus pandemic, the practice of breaking apart ships and selling them for parts is on the rise. https://bloom.bg/3kzyk37
🇬🇧 The bright side of Brexit? Whether or not there’s a trade deal, leaving the EU could help some U.K. industries. https://bloom.bg/31Qm0UY
Bloomberg
Central Banks Sell Gold for First Time in a Decade
Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.
💵 As the U.S. economy continues to reel from a third wave of coronavirus outbreaks, here’s how the winner of the presidential election could shape how Americans manage their finances: https://bloom.bg/35JP2qh
💰A U.S. government aid program for small businesses was overrun with scammers and supplied grants to almost anyone who applied. Now, officials are struggling to track where the money went: https://bloom.bg/31THnEB
👀 New Jersey could be the largest East Coast state to legalize recreational marijuana use: https://bloom.bg/3mFsj5L
💰A U.S. government aid program for small businesses was overrun with scammers and supplied grants to almost anyone who applied. Now, officials are struggling to track where the money went: https://bloom.bg/31THnEB
👀 New Jersey could be the largest East Coast state to legalize recreational marijuana use: https://bloom.bg/3mFsj5L