White House press secretary and Trump 2020 adviser joins 'Hannity' to discuss new developments in Trump's election fight
White House press secretary and Trump 2020 adviser joins 'Hannity' to discuss new developments in Trump's election fight
Against all odds, interim captain Ajinkya Rahane managed to lead an injury-affected India to victory in the fourth cricket test and retain the Border-Gavaskar Trophy. India was forced to make four changes for the series finale after salvaging a draw in Sydney, and a draw in Brisbane would have been good enough to retain the trophy. Turns out Rahane had a plan for victory all along.
(Bloomberg) -- Activist investor Elliott Management Corp. plans to close its office in Hong Kong, and move its remaining staff there to offices in London and Tokyo, according to a person familiar with the matter.The New York-based hedge fund, run by billionaire Paul Singer, has been winding down its Hong Kong operations in recent years, and had fewer than 20 employees there when it stopped trading and investment activities on Jan. 1, the person said, asking not to be identified because the matter isn’t public.The shift began in early 2018 when the firm’s then-head of Hong Kong, James Smith, moved to London and began running its Asian operations from the U.K. Smith left the firm the following year. Since then, the bulk of Elliott’s Asian operations have been run out of London and Tokyo, including its recent activist campaigns at SoftBank Group Corp. and Unizo Holdings Co., the person said.At the time of Smith’s departure, there were fewer than 40 employees in the Hong Kong office, and the decision to close the office was not related to the political instability in the region in recent years, the person said.A representative for Elliott declined to comment.Elliott has run several other activist campaigns in the region over the years, including pushing for changes at Hyundai Motor Co., Samsung Electronics Co., and the Bank of East Asia Ltd., among others. While much of its recent activist campaigns in Asia in recent years centered on South Korea and Japan, it engaged in years-long court proceedings to push Hong Kong-based Bank of East Asia to sell itself. Under pressure, the bank agreed to start a process of selling its life insurance unit last year.South Korea, under President Moon Jae-in, has been trying to change its reputation as a stock market dominated by family-controlled conglomerates that lack accountability. Elliott, which was founded by Singer in 1977, had more than $45 billion in assets under management at the end of 2020. The Financial Times first reported on the firm’s plans to close its Hong Kong office.(Updates with details about changes in South Korea in seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Screenshot/TwitterThe main synagogue of a Brooklyn ultra-Orthodox Jewish sect hosted yet another mammoth wedding in defiance of COVID-19 rules Monday, with thousands of mask-free revelers in attendance. Celebrations continued into Tuesday.The son of Rabbi Ben Zion Halberstam, the head of the Bobov Hasidic sect, was married before thousands of men, per screenshots of the event. Hundreds of celebrants flew in from Europe and Israel for the event, likely adding to the risk of coronavirus transmission, according to the Jewish Telegraphic Agency.More from last night's wedding in Brooklyn, NY.Some context:The groom is the youngest son of the Bobov Rebbe, Bentzion Halberstam (son of my great-uncle, the Bobov Rebbe Reb Shlomo, who replanted the dynasty in the US after the holocaust), one of the largest Hasidic sects. pic.twitter.com/4YvTxla57m— Abby Stein (@AbbyChavaStein) January 19, 2021 The Israeli news site JDN published two versions of a story on the wedding. One edition, published Monday, detailed the secrecy necessary to plan such an event far from the prying eyes of local authorities intent on enforcing the law. The replacement article, published the next day, described the nuptials as small, intimate, and in line with coronavirus restrictions. Though guests were warned not to record the event, videos circulating on WhatsApp and Twitter documented the festivities as massive.Hasidic leaders in New York have defied and disregarded precautions and regulations meant to slow the spread of the coronavirus throughout the pandemic. Multiple synagogues in New York have hosted clandestine but nonetheless gargantuan weddings, and community leaders have lashed out at those who exposed and criticized their actions. COVID-19 has hit ultra-Orthodox enclaves harder than other parts of the state as a result.New York Tries to Shut Down Potential Superspreader WeddingThe Jewish Telegraphic Agency quoted the first iteration of the JDN article as saying: “It is a difficult task to organize a mass wedding in such tumultuous days. Even if you have managed to find a respectable venue, the heart is not at peace, because at any given moment you are exposed to the danger of whistleblowing and the police forces will be on their way to the place and the celebration subsides. If in Israel there are concerns, in the United States of America all the more so.”Tuesday’s story heaped praise on the head of the sect: “JDN News has learned that due to the situation, the wedding will be held in a very limited manner and notes that the Rebbe is very strict in the instructions and was among the first to order the closure of the Torah institutions of the Hasidim to protect against the virus. Thousands of Bobov followers from all over the world will celebrate from their homes the joy of the great wedding, the joy of the youngest son of the Rebbe who will be married at a good and successful time. The hearts of thousands of followers are full of excitement.”Thus far, authorities do not appear to have intervened in the celebration.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 end of Donald Trump’s presidency leads Wednesday’s front pages.
The hefty, 127-year-old family heirloom that Biden will use at his inauguration has many important dates recorded inside.
Jan.19 -- House Speaker Rep. Nancy Pelosi holds a moment of silence for Covid-19 victims on the U.S. Capitol steps.
BAC earnings call for the period ending December 31, 2020.
Warning that victims will drop out of cases delayed because of court backlogs
Social media giants crossed a threshold in banning US President Donald Trump and an array of his supporters -- and now face a quandary on defining their efforts to remain politically neutral while promoting democracy and free speech.
On the eve of President-elect Joe Biden’s inauguration, freshman Rep. Marjorie Taylor Greene, the combative Georgia Republican known for her association with the fantastical, cult-like QAnon conspiracy theory, was back on Twitter after a 12-hour suspension, and back to making waves and rocking the precarious boat that Republicans find themselves in, having lost the White House and both chambers of Congress.
"The next few are big ones, and we are close, so we hope you'll hang in there with us," series creator Dan Fogelman said
Jared Porter lasted just 38 days as New York Mets general manager, fired for cause Wednesday about nine hours after ESPN reported he sent sexually explicit, uninvited text messages and images to a female reporter in 2016 while he was working for the Chicago Cubs. Sandy Alderson, who returned as Mets president when Steven Cohen bought the team on Nov. 6, said he was stunned by the report. “This is a wakeup call,” Alderson said during a news conference.
Country star Morgan Wallen and 17-year-old pop upstart Olivia Rodrigo have gotten 2021 off to a blazing chart start, with respective bows atop the album and singles charts, respectively. Wallen’s sophomore effort, “Dangerous: The Double Album,” debuted on the Rolling Stone album chart with an even-better-than-expected 263,900 album units. The biggest factor in that tally […]
Less than two weeks after a violent mob of Trump supporters stormed the U.S. Capitol, Alejandro Mayorkas, President-elect Joe Biden’s nominee for Homeland Security Secretary, assured senators that, if confirmed, he will “tackle the threat of domestic extremism” and prevent future attacks.
(Bloomberg) -- Oil extended gains in Asia on expectations U.S. President-elect Joe Biden’s incoming administration will take steps to revive growth and energy demand in the world’s largest economy.Futures in New York edged above $53 a barrel after closing up 1.2% on Tuesday. Treasury Secretary nominee Janet Yellen called on lawmakers to “act big” on stimulus, which could provide a boost to consumption while coronavirus vaccines continue to be rolled out. A weaker U.S. dollar is also increasing the appeal for commodities like oil that are priced in the currency.The optimism was tempered somewhat as the International Energy Agency cut forecasts for global oil demand as renewed lockdowns to contain the pandemic weigh on consumption. The Paris-based agency lowered its demand estimate for this quarter by 600,000 barrels a day in its monthly report.The IEA’s gloomier outlook is a validation of Saudi Arabia’s decision earlier this month to unilaterally cut production in February and March. That’s helped oil to keep rallying this year, along with a weak dollar and fund flows into commodities as a hedge against a likely acceleration in inflation this year.“Investors are pricing in a very chunky stimulus” in the U.S. that should weaken the dollar, which would be good for oil, said Stephen Innes, chief global market strategist at Axi. “OPEC+’s current supply discipline coalescing with the Biden administration’s overarching focus on public health and economic response to the Covid-19 pandemic suggests oil prices can go much higher.”The near-term trajectory of oil’s demand recovery has lost some momentum, however. The Chinese government is calling for citizens not to travel over the Lunar New Year holidays, while much of Japan is under a state of emergency and several European nations are still locked down.For 2021 as a whole, the IEA trimmed its demand forecast by 300,000 barrels a day. Global fuel consumption will increase by 5.5 million barrels a day this year, following an unprecedented collapse of 8.8 million a day in 2020, it said.The oil future curve is reflecting expectations for supplies to tighten. Brent’s prompt timespread is 6 cents a barrel in backwardation, a bullish structure where near-dated prices are more expensive than later-dated ones. It was 7 cents in contango in early January.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) today announced that its board of directors has appointed Sameer S. Bharadwaj as its new Chief Executive Officer, effective February 1st, 2021. Mr. Bharadwaj will succeed Daniel Martínez-Valle, who has resigned from the position by mutual agreement with the board. Mr. Martínez-Valle will remain in his current position to support Mr. Bharadwaj through the end of January to ensure an orderly and effective leadership transition.
Hall of Fame pitcher and Los Angeles Dodgers great Don Sutton has died at the age of 75, his family announced Tuesday. Sutton died in his sleep Monday night at his home in Rancho Mirage, Calif., after a long battle with cancer, his son Daron Sutton said on Twitter. Sutton was inducted into the Hall of Fame in 1998 after a 23-year career spent mostly with the Dodgers.
Dozens of nations have each seen fewer than 1,610 Covid-19 deaths
(Bloomberg) -- The Trump administration granted three oil refineries exemptions from biofuel-blending requirements in a last-minute move, prompting quick rebuke from ethanol and biodiesel producers.Two of the Environmental Protection Agency waivers apply to the 2019 mandate under the Renewable Fuel Standard, according data posted online. The agency also approved a previously denied 2018 exemption. Another 65 requests are pending, including 15 for 2020. The names of the refineries weren’t disclosed.Biofuel advocates, including lawmakers, had pushed the Trump administration to hold off on approvals, with the U.S. Supreme Court set to hear arguments in a case testing EPA’s ability to grant them. The latest action puts added pressure on the incoming Biden White House to signal how it will proceed in the fight for share of U.S. gasoline tanks.“This disappointing action further undermines the integrity of the Renewable Fuel Standard program by destroying demand for additional gallons of biofuel,” Kurt Kovarik, vice president for federal affairs at the National Biodiesel Board, said in a statement.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
With President Donald Trump set to leave the White House in less than a day, the fired ex-director of the Department of Homeland Security's cybersecurity agency expressed concern for the lasting impacts of the disinformation spread by the outgoing president and called for consequences following the attack on the U.S. Capitol. Christopher Krebs, a longtime Republican and former head of the Cybersecurity and Infrastructure Security Agency, was fired by Trump over Twitter on Nov. 17.