Thursday, 22 October 2020

‘Worst deal in history’: Viagogo and StubHub merger faces investigation

A $4bn (£3.22bn) takeover that has been dubbed the worst deal in history just got that little bit worse. Ticket resale company Viagogo completed the $4bn buyout of US market leader StubHub from online auction firm eBay in February. Weeks later, the global coronavirus pandemic effectively shut down the global…

Wirecard files for insolvency owing $4 billion

Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud. The payments company filed for insolvency at a Munich court saying that, with 1.3 billion euros ($1.5 billion) of loans…

Trump Follows Through on Threat to 'Slow the Testing Down'

During his Tulsa rally last weekend, President Trump said the quiet part out loud, confessing that he sees coronavirus testing as a political threat and wants to diminish America’s caseload by doing a worse job of measuring it. “Testing is a double edged sword,” Trump told the sparse Oklahoma crowd….

NASA Renames Headquarters After Its First African American Female Engineer

NASA has renamed the agency’s headquarters building in Washington, D.C., after Mary W. Jackson, its first African American female engineer. Announcing this, NASA Administrator Jim Bridenstine said Jackson helped break barriers and open opportunities for African Americans and women in the field of engineering and technology. Mary Jackson was part…

Varney: Trump standing for law and order amid violent protests

Varney: Silence from Dems on protests is ‘deafening’ FOX Business’ Stuart Varney argues anarchy and protests won’t win votes for the Democrats. FOX Business’ Stuart Varney, in his latest “My Take,” argues President Trump is taking action against violent protesters. Continue Reading Below “Dismay is giving way to outrage. In the last…

Jeffrey Epstein Victims Fund Opens After Months of Wrangling

Women who accused Jeffrey Epstein of sexually assaulting them as teenagers can begin filing claims and collecting compensation from his estate, valued at more than $600 million. The compensation fund has opened after months of back-and-forth between the estate and the U.S. Virgin Islands, where Epstein owned property and took…

Covid-19 Gives Texas a Reality Check

The Texas Medical Center in Houston is the largest health care complex in the world, so vast it describes itself, accurately, as a “medical city.” About 106,000 people work there, traversing 50 million square feet of property. If TMC were a stand-alone business district, it would be the eighth largest…