First baseman Jesus Aguilar agreed to terms Wednesday on a $4.35 million, one-year deal to remain with the Miami Marlins, a deal reached just before the deadline for teams to offer contracts to unsigned players on their 40-man rosters. Aguilar rebounded from a poor 2019 season to bat .277 with eight homers and 34 RBIs this year, his first season with the Marlins. An All-Star in 2018, Aguilar was selected off waivers by the Marlins from Tampa Bay a year ago.
When Toshitsune Tamashiro was young and closeted in 1980s Japan, Tokyo's Shinjuku Ni-chome gay district was a haven. Now he runs a bar there, and has fought to keep the district going during the coronavirus pandemic. Ni-chome, believed the most dense concentration of gay bars globally, fulfills a vital role for Japan's LGBT community in a nation where some gay men still marry women, and even a few Ni-chome bar owners haven't come out to their families.
EXCLUSIVE: Elisabeth Moss is going back to Hulu for her latest drama project. Deadline understands that the streamer has landed Candy (w/t), which comes from The Act writer and co-exec producer Robin Veith and exec produced by The Act co-creator Nick Antosca. We’re hearing that a writers’ room is being set up for the project, which […]
The Boeing 737 MAX returned to the skies for the first time Wednesday with members of the general public onboard since two fatal crashes forced U.S. regulators to ground the plane in March 2019. American Airlines flew journalists on a demo flight from Dallas to Tulsa, Oklahoma, in an effort to reassure passengers that the upgraded MAX is safe. Since the crashes, Boeing rewrote the entire MAX flight computer software, receiving the Federal Aviation Administration's approval for the jet to reenter commercial service on Nov. 18.
The Household Appliance Market will grow by USD 21.76 bn during 2020-2024
NSW Covid hotspots: list of Sydney and regional case locationsHere are the current coronavirus hotspots in New South Wales and what to do if you’ve visited them * Australia’s Covid restrictions and lockdown rules – state by state * Download the free Guardian app
Vice President Mike Pence has been a go-to fundraising draw for the president’s campaign, and since October, no more than a day passed without his name emblazoning a fundraising email for the Trump reelect.But that changed late last month. Since Nov. 25, not a single fundraising email from the Trump campaign or its Republican National Committee fundraising account has featured Pence’s name in the “from” field. And this week, that Republican National Committee joint fundraising committee, the Trump Make America Great Again Committee, made another subtle change: a handful of its emails swapped out the official Trump-Pence campaign logo for one featuring just the president’s name.At first blush, those may seem like minor tweaks to gimmicky portions of Team Trump’s fundraising strategy. A source familiar with the process said the fundraising emails do not go to Vice President Pence's team for clearance and an RNC official said the digital team was merely testing a new logo around the end of the month deadline. Indeed, some of the joint fundraising committee’s emails this week have included the original campaign logo with Pence’s name below Trump’s.But several high-level sources say that the graphics change, along with Pence’s disappearance from the headers of President Donald Trump’s increasingly frantic and conspiratorial pleas, are not actually coincidental. According to four people with knowledge of the matter, they reflect an effort by the vice president and his team to distance Pence from some of the president’s more outlandish claims about a conspiracy to undermine the election and illegally deny him a second term in office.“It is an open secret [in Trumpworld] that Vice President Pence absolutely does not feel the same way about the legal effort as President Trump does,” said a senior administration official. “The vice president doesn’t want to go down with this ship…and believes much of the legal work has been unhelpful.”The Trump campaign declined to comment on this story. Devin O’Malley, a spokesman for Pence, said Wednesday night, “As he has for the last four years, the Vice President is proud to stand with the president—in this case to ensure every legal vote is counted and every illegal vote is rejected. The Daily Beast’s anonymous sources have no real insight into what the Vice President thinks on these matters.”Trump Campaign Has Raised $150M Off Voter-Fraud Fiction Since ElectionThe political marriage between Trump and Pence was always based on simple tradeoff: Pence gave Trump credibility among establishment and religious types and, in exchange, shared the spoils of Trump’s far larger and more unorthodox coalition of voters. But in the aftermath of the 2020 elections, that deal has come under intense strain.As Trump has tended to his own future, Pence has preferred to place his energies on the critical Senate run-offs in Georgia. Pence, sources say, privately views the Rudy Giuliani-led legal operation to overturn the 2020 election through the mass disenfranchisement of votes as counterproductive and doomed. And, as a former governor himself, he has been particularly uncomfortable with Trump’s attacks on Republican governors in some of the key battleground states that he lost. The president has accused several GOP leaders of incompetence or negligence in their inability or unwillingness to stop the certification of their state’s election results.“Pence deeply understands the position that [Ohio Gov. Mike] DeWine, [Arizona Gov. Dave] Ducey and [Georgia Gov. Brian] Kemp are in. He has tried to be an effective mediator and communicator between those parties and the president back and forth,” said one Pence ally. “Any time he’s played that role, it’s gone well. The president is satisfied with the facts they’ve provided. And then somehow, without hours or days, the president is publicly attacking them by being fed inaccurate information from other White House sources, which frustrates the VP. It’s not a good look for the president. And it’s only created division in the party at a time when unity is very important.”The result has been a subtle but clear effort at creating political space.Rudy’s Phony Fraud Hearing in Gettysburg Debuts Trump’s Shadow GovernmentSince Election Day, Pence has walked a rhetorical tightrope as he tries to publicly back Trump’s position in general terms while avoiding the more outlandish allegations that the president frequently floats on Twitter and in his few post-election public remarks. Pence has repeatedly demanded that “every legal vote” be counted and that alleged voter fraud be rooted out.But he has studiously avoided backing Trump’s more conspiratorial allegations about election malfeasance, and declined to answer questions about his views on specific Trump statements. For example, a pool report from a November 20 rally in Georgia, where Pence campaigned on behalf of Sens. Kelly Loeffler and David Perdue, noted that the vice president “did not echo the president’s rhetoric on the election being ‘rigged.’The disconnect is also evident on Pence’s Twitter feed. While the president has fervently tweeted about the supposed conspiracy against him, Pence’s tweets on the matter have been far fewer and more muted. He’s devoted far more social media space to the White House’s efforts to get a coronavirus vaccine out the door and to last month’s NASA rocket launch, which sent U.S. astronauts to the International Space Station.Since November 15, Pence has tweeted just three times about supposed election irregularities. Two of those tweets were links to news stories, shared without comment, about recount and vote audit efforts in Georgia, and one simply retweeted a reporter’s quotation of Pence’s comments at that November 20 rally, where Pence declared that Trump would “keep fighting until every legal vote is counted” and “every illegal vote is thrown out.”Pence made other similarly anodyne comments in his remarks that tiptoed around the president’s allegations of widespread voter fraud. But he also repeatedly called on Georgia Republicans to “defend the majority” in the U.S. Senate—a tacit acknowledgement that, if Democrats win both Georgia Senate seats, a Vice President Kamala Harris would break the upper chamber’s 50-50 split and give her party a majority.That unspoken premise is a reality that Republican operatives and the party’s top donors have acknowledged even as the president remains obstinate.“I have not seen any evidence yet that would convince me that [the Trump legal team] will be successful in getting this to the Supreme Court or even anything to an appeals court,” Ed Rollins, a veteran GOP strategist who chairs the pro-Trump group Great America PAC, said on Wednesday. “I’m disappointed in the effort, as someone who has been around the game for a long time. I’ve seen a lot of ranting and raving from them, but not any really good legal challenges. Neither Rudy nor Sidney [Powell] nor anybody else on the team is considered a first-rate election lawyer and I don’t see any on this team.”On Wednesday, Pence went to Capitol Hill where he participated in the swearing in of Senator Mark Kelly (D-AZ)—an act that implicitly conceded the validity of the elections in Arizona. Hours later, Trump put out a 46 minute long speech in which he called for the results in six battleground states, including Arizona, to be overturned and for him to remain president. Pence was not by his side.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
The dollar licked wounds near a 2 1/2-year low against a basket of major currencies on Thursday as investors wagered that more economic stimulus from Washington and the expected start of COVID-19 vaccinations would support riskier assets. The optimism helped to boost the euro despite widespread expectations the European Central Bank will enhance its quantitative easing next week. "On the whole, the new U.S. economic team under President Biden will be dovish, if not directly pursing a weaker dollar per se," said Daisuke Uno, chief strategist at Sumitomo Mitsui Bank.
Grab it before the price goes back up
Russell Westbrook is headed to Washington.
The couple have now been married for two years.
Completion of the Akida™ Production Design; Socionext to Provide Physical Design Services in Prep for Production Mask Set & Wafer Fabrication at TSMC
‘Only then can the winning candidate be accepted as legitimate’
The Railcar Movers Market will grow by USD 2.9 mn during 2020-2024
Australia’s state by state Covid restrictions and coronavirus lockdown rules explainedWhat are the restrictions within Victoria and the border closures with NSW and Queensland? How far can I travel, and how many people can I have at my house? Untangle Australia’s Covid-19 laws and guidelines with our guide * Australian stats interactive
Nearly half of New Zealand hate crimes downgraded on police databaseMost personnel do not know how to correctly input offences, distorting the picture of hate crime-related offences
The NBA said it tested 546 players as part of its "initial return-to-market testing phase," which kicked off between Nov. 24 and Nov. 30. Anyone who tested positive was placed in isolation until cleared under league rules. The league had few issues keeping its "bubble" environment at Walt Disney World free of the novel coronavirus as it carried out the end of their delayed season earlier this year, but now faces many of the same challenges other North American leagues have playing in the COVID-19 era.
(Bloomberg) -- Billionaire Richard Li, who broke away from his famous father Li Ka-shing decades ago to build his own business empire, is taking a page out of his dad’s playbook by further expanding outside Hong Kong.Since last year, the younger Li has stepped up investment in Southeast Asia, agreeing to pay $3 billion for a Thai insurance business and extending his insurance operations in Vietnam and Indonesia. He was part of a bid for a digital-banking permit in Singapore and -- most recently -- has teamed up with PayPal Holdings Inc. co-founder Peter Thiel to establish a $595 million blank-check firm for acquiring one or more Southeast Asian companies.The moves come at a time of Hong Kong political uncertainty that echoes the late 1980s and 1990s, when Li Ka-shing, Hong Kong’s richest man, began hedging his bets on the city before its handover to China from Britain. The younger Li may have struck out on his own, but he has learned risk management from his father, said Marshall Jen, project director of the Chinese University of Hong Kong’s Centre for Family Business.“He is now taking the experience of what Li Ka-shing did and making it the model of his own business,” Jen said.Li is also getting in on one of the hottest trends in global finance with the creation of a special purpose acquisition company. Bridgetown Holdings Ltd., which listed on the Nasdaq in October, will seek to bring companies public by acquiring them. It’s the same approach followed by other SPACs, such as those associated with billionaire investor Bill Ackman and former U.S. House Speaker Paul Ryan.Best-Known CompaniesLi and Thiel will first consider Southeast Asia’s best-known companies, people familiar with their partnership said, asking not to be identified as they aren’t authorized to speak publicly on the matter. Bridgetown will focus on so-called new economy sectors including technology, financial services and media, and has begun discussions with potential targets, the people said.Li, 54, brings local connections from his extensive insurance and media operations in Southeast Asia, while Thiel provides his track record of picking technology winners, according to the people. Thiel was the first outside investor in Facebook Inc. and also placed early bets on Spotify Technology SA and Airbnb Inc.New economy startups face difficulties succeeding in Southeast Asia due to the different languages, cultures, legal environments and consumer habits across the region, said Vincent Lam, chief investment officer of Hong Kong-based VL Asset Management, which has no holdings in Li’s companies. But he added that Li’s knowledge of the region’s consumer appetites and patterns will work in his favor.Li’s partnership with Thiel stems from a casual meeting in Hong Kong in 2015, the people said. Thiel was touring China, where his book “Zero to One” sold well, and connected with well-known entrepreneurs including Li, the people said.A representative for Li declined to comment. Thiel and his representatives didn’t respond to requests for comment.‘Money Grab’Blank-check firms have raised a record $71.2 billion in initial public offerings on U.S. exchanges so far this year, or about 46% of all IPOs. They’re seen as a way for companies to avoid the costly and time-consuming initial public offering process amid the uncertainties of the coronavirus pandemic. They’re also appealing to sponsors such as Li, who buy founder shares that usually equal 20% of the company’s outstanding stock for a small consideration.But SPACs have also come in for criticism. Activist short seller Carson Block’s Muddy Waters Capital called them “the great 2020 money grab,” arguing that “a business model that incentivizes promoters to do something -- anything -- with other people’s money is bound to lead to significant value destruction on occasion.”“Personally, I wouldn’t buy when they haven’t announced any targets,” Andy Wong, a fund manager at LW Asset Management in Hong Kong, said on investing in SPACs. “But the most important thing is how much investors trust the M&A capability of the blank-check companies’ founders.”Li, who has a net worth of $4.9 billion according to the Bloomberg Billionaires Index, is seeking to expand his empire outside Hong Kong at a time of turmoil for the city as China cracks down on dissent.Amid months of anti-Beijing protests last year, Li was weeks behind some other tycoons, including his father, in issuing a personal statement calling for the resumption of social order.At the same time, Li has been careful not to offend the Chinese government. He’s one of the members of the pro-establishment Hong Kong Coalition, founded earlier this year by former chief executives Tung Chee-hwa and Leung Chun-ying to promote social stability.More ConservativeAlthough Li publicly voiced support for universal suffrage in 2006, he has taken a more conservative approach during the recent protests, said Dixon Sing, a professor at the Hong Kong University of Science and Technology who specializes in politics.Li dropped out of Stanford University, Thiel’s alma mater, in 1987 and later joined his father’s group. But instead of inheriting a part of the ports-to-retail conglomerate, he decided to build his own empire.He launched Star TV, before selling a controlling stake to Australian media mogul Rupert Murdoch’s News Corp. for $525 million in 1993. He founded Pacific Century Group the same year and eventually resigned as deputy chairman of his father’s Hutchison Whampoa Ltd. in 2000.“I don’t think there is anything wrong with being rebellious if it contributes to society,” Li said of breaking away from his father in a 2018 fireside chat at the University of Hong Kong.Big PurchaseDuring the dot-com bubble, Li’s Pacific Century CyberWorks Ltd., now PCCW Ltd., became the largest internet company in Asia outside Japan by market value. Then, Li outbid Singapore Telecommunications Ltd. and its partner Murdoch’s News Corp. in 2000 to take over Hong Kong’s then dominant phone company Cable & Wireless HKT Ltd.The acquisition burnished his reputation as a dealmaker, but Li borrowed $12 billion from more than 30 banks to fund the purchase. When the dot-com bubble burst, PCCW’s shares plunged.Partly to pare debt, Li sold 20% of the company’s stock in 2005 to state-owned China Network Communications Group Corp., which was later acquired by China Unicom Hong Kong Ltd. The group remains PCCW’s second-largest shareholder with a stake of about 18%.The troubles surrounding PCCW brought some tensions within the Li family into public view.‘Very Dissatisfied’After China Network blocked Li’s attempt in 2006 to sell PCCW assets to overseas investors, Francis Leung, a former banker who had worked closely with Li’s father, offered to buy Li’s stake in PCCW. It later came to light that the older Li was involved in the deal. His son told local newspaper Ming Pao that he was “very dissatisfied” and would be “very happy” to see Leung’s proposal rejected by minority shareholders in his investment company -- which it was.“Had I known of Mr. K.S. Li’s involvement, I would have at very least removed myself from the negotiations,” Richard Li said in a 2006 letter to a legislative panel probing the sale.Despite the drama, Li Ka-shing said in 2012 that he would provide funding “any time” to his son’s ventures.Later that year, the younger Li announced the acquisition of some of Amsterdam-based ING Groep NV’s Asian insurance units, which then became his acquisitive FWD Group Ltd.“A lot of resources that he has received were from his father,” Jen of the Chinese University of Hong Kong said. “Richard Li’s ability, characteristics and vision are top-notch. But he also had a very good start.”Share SaleNow, as Li proceeds with his plans to buy one or more Southeast Asian companies through the SPAC, he’s also looking to take his insurance empire public. FWD has chosen Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley to work on a share sale that could raise as much as $3 billion, people familiar with the matter said in September. FWD is also awaiting a license to prepare for establishing a life insurance joint venture in mainland China.Time will tell how successful these overseas expansions will be, whether they’re a wise diversification away from Hong Kong, and whether the SPAC model is here to stay. In the meantime, one private equity executive who worked with the Li family said his hands-on approach will help his cause.“Very much like his father, he can charm the birds from the tree,” said Timothy Dattels, the managing partner of TPG Capital Asia. “He’ll fly and go to see people, and that’s very rare. He doesn’t sit there like the king.”(Updates amount raised by blank-check firms in 11th 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.
Dupree is a centerpiece of the Steelers defense and a pending free agent.
Trump called ‘sorest loser in American political history’