Sep.29 -- Democratic nominee Joe Biden Says to President Trump: “Will you shut up, man?”
Sep.29 -- Democratic nominee Joe Biden Says to President Trump: “Will you shut up, man?”
The Global Acrylic Fibers Market will grow by 251.34 million t during 2020-2024
"Your body is your temple and it is our responsibility to take care of it," Minnesota Lynx guard Lexie Brown said of the Body Hero campaign.
No.10: "It’s not for schools to regularly provide food during school holidays.”
Stocks struggled for direction as investors considered whether lawmakers would manage to pass a stimulus package sometime this week.
There will be 22 new episodes of The Simpsons landing on Disney+ in November.
(Bloomberg) -- Avangrid Inc., the U.S. arm of Iberdrola SA, agreed to buy PNM Resources Inc. of New Mexico for $4.3 billion, strengthening the Spanish utility giant’s position as a global giant in an industry that’s being transformed.The deal -- at $50.30 per PNM share and a 10% premium -- values PNM at $8.3 billion including debt. It’s Iberdrola’s eighth acquisition since the start of the coronavirus pandemic. The company bought Infigen Energy of Australia in September.The deal will give Iberdrola a presence in the U.S. Southwest, expanding beyond Avangrid’s territory in the Northeast. It also continues a strategy by Chief Executive Officer Ignacio Galan to grow beyond the Iberian peninsula and build a business with worldwide reach in power grids and renewables plants.“Iberdrola has definitely been very interested in U.S. plain-vanilla utilities,” said Kit Konolige, utilities analyst for Bloomberg Intelligence. “This fits the Iberdrola playbook.”Avangrid shares plunged as much as 9.5% in New York, and PNM rose 9.3%.Buying PNM would will give Iberdrola 10 regulated electricity companies in six states -- New York, Connecticut, Maine, Massachusetts, New Mexico and Texas, according to the company.The deal also reflects increasing focus on the transition to cleaner energy in the U.S., driven by economics favoring wind and solar farms over coal -- despite President Donald Trump’s effort to water down environmental rules. In recent months, the renewables-focused company NextEra Energy Inc. became the world’s largest utility owner by market value and weighed an offer for power giant Duke Energy Corp.Galan was among the first in the utility business to wind down coal plants and build renewables, taking advantage of a plunge in the cost of wind turbines and government incentives to slash emissions. That’s touched off a flurry of deals to reshape the electricity industry, drawing oil majors including Royal Dutch Shell Plc and Total SA to grab a part of a business once dominated by utilities.“We have been pioneers in the energy revolution for 20 years, when everybody thought electricity couldn’t be produced with clean sources,” Galan told analysts during a results call on Wednesday. “We started our energy transition 20 years ago.”Buying SpreeOverall, this year’s buying spree has helped boost Iberdrola’s pipeline of future power projects to more than 70 gigawatts of capacity. That’s 40% more green energy than BP Plc has said it plans to have ready to go in the next decade, the most ambitious plan among European oil majors.Galan is seeking to bring Iberdrola into new markets in the most developed economies, firming up routes to build more green power projects in the coming years. He has seen the coronavirus-induced economic downturn as an opportunity to boost spending, enacting a 10 billion-euro ($11.9 billion) investment plan.PNM provides power to about 790,000 homes and businesses in Texas and New Mexico and has 2.8 gigawatts of generation capacity, according to information on its website. Like many U.S. utilities, it’s been pushing to retire coal plants and adding renewable energy, moves in step with an effort Iberdrola started pursuing almost two decades ago.Iberdrola posted positive financial results Wednesday with increases in net profit and earnings in the three months to September. The company saw a 52% rise in renewable investment in the first nine months of 2020 and has added 4.6 gigawatts of power capacity in the last 12 months.The $50.30 a share deal is a 10% premium to Tuesday’s closing price but also a 10% discount to the pre-Covid high earlier this year.Iberdrola’s shares are up almost 19% this year, making it the second-largest company in the benchmark Ibex-35 by market capitalization.PNM has received regulatory approval to more than triple its renewable-power capacity to 2 gigawatts by the end of 2022. It has set a goal to be 100% emissions free by 2040.The deal requires approval from a PNM shareholders meeting.(Updates with comment from analyst in fourth 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.
Ørsted will release its results for the first nine months and Q3 of 2020 on 28 October 2020. The results will expectedly be released at 8.00 CET.An earnings call for investors and analysts will be held at 14.00 CET on the same day. Dial in numbers for the earnings call: DK: +45 8233 3194 UK: +44 333 300 9274 US: +1 833 526 8398 The earnings call can be followed live at: https://edge.media-server.com/mmc/p/79p2v9ea Presentation slides will be available prior to the conference call: orsted.com/en/Financial-reports-and-presentations The interim report will be available for download at: orsted.com/en/Financial-reports-and-presentations For further information Media Relations Ulrik Frøhlke +45 99 55 95 60 firstname.lastname@example.org Investor Relations Allan Bødskov Andersen +45 99 55 79 96 email@example.com Ørsted’s vision is to create a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1 in Corporate Knights’ 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,000 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the company generated revenue of DKK 67.8 billion (EUR 9.1 billion). For more information on Ørsted, visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter. Attachment 21OCT2020_Company announcement_Ørsted to present first nine months results on 28 October
Edwin Poots was accused of sectarianism last week.
The duchess also video-called pensioners from the day centre during her engagement in west London.
The "Global Computer Vision Market by Product Type, Component, Application, Vertical and Region: Industry Analysis and Forecast 2020-2026" report has been added to ResearchAndMarkets.com's offering.
Licypriya Kangujam and Aarav Seth put in back of police van after demonstrating in New Delhi, which is often blanketed in thick smog
A lax summer and a fractured political system have left Belgium facing a second COVID-19 wave potentially as serious as the first, with the health minister warning of a "tsunami". Belgium's more than 10,000 deaths mean the country of 11 million people already has among the world's highest fatality rates per capita. Like other Western European countries, it sharply curbed infections with a severe lockdown before the summer, only to see caseloads rise again sharply in recent weeks as children returned to school and the weather turned colder.
Shares of Netflix dropped in early trading Wednesday, after the streaming giant reported a gain of just 2.2 million subscribers for the third quarter of 2020 -- a major slowdown from its record COVID-driven gains in the first half of the year. Netflix stock was down 5.7%, to about $495.34 per share, after market open. […]
Reaching the million-dollar mark by retirement age is a challenge, but it's not impossible. There are approximately 233,000 people with at least $1 million in their 401(k) accounts, according to research from Fidelity Investments. Although saving a substantial amount of money for retirement is easier if you start earlier in life, you can still retire a millionaire even if you're off to a late start.
(Bloomberg) -- The U.S. government’s antitrust case against Google follows a similar path to its attack on Microsoft Corp. more than 20 years ago -- and that should make the internet giant nervous.The suit focuses on payments Google makes to ensure its search engine is the default on mobile phones and web browsers. Google’s dominant market share and massive revenue allows it to spend billions of dollars a year on these deals, blocking out competitors from the valuable placements and limiting consumer choice, the Justice Department alleged.It’s a similar argument the government made against Microsoft when it alleged in 1998 that the software company was requiring computer makers to set its web browser as the default on their machines. That lawsuit dragged on for years, distracted executives and helped Microsoft competitors -- Google among them.Shares of Google parent Alphabet Inc. rose after the complaint came out as analysts argued getting rid of the payments may save the company money. But antitrust experts said the government’s case lays out a straightforward path to beating the tech giant in court. The stock was up about 2% to $1,583.36 as the market opened in New York on Wednesday.“The choice to mimic the successful strategy in Microsoft makes sense,” said Rebecca Allensworth, a law professor at Vanderbilt University. “The complaint focuses on a simple story that fits neatly into existing antitrust doctrine, does not require the adoption of novel theories of competition law, and avoids a ‘kitchen sink’ problem of listing all the potential ways in which Google acts in anticompetitive ways.”Read the full complaint against Google here.The Justice Department will try to paint a simple picture of Google using these default deals to block search rivals, while the company’s argument is more complex, according to Dan Wang, an associate professor at Columbia Business School.“The burden in many ways is on Google to show how its complex technology is benefiting consumers,” he added. “They must explain how Google’s scale improves the search engine and why there should be one main provider. This will be hard in court.”Google was quick to defend itself. The search distribution agreements it signs are similar to when a cereal brand pays a grocery store to appear on prominent end-cap displays at the end of aisles or an “eye level shelf,” Kent Walker, Google’s senior vice president of global affairs, argued in a blog post. Consumers have easy access to Google competitors, they just choose the search engine because it’s the best, he added.That’s not quite right, said Gary Reback, an antitrust lawyer with Carr & Ferrell LLP who has argued against the power of Microsoft and Google for years. Google has 90% of the search engine market and is a household name, so it won’t be difficult to establish that the company has a monopoly, Reback said.“It’s not just Google has a better shelf and its competitor is on the next shelf,” Reback said. “It’s that Google has all the shelves and its competitor is in a different store in a bad neighborhood 400 miles away.”Google also stressed that its conduct doesn’t raise prices for consumers, and said changing the way it does business may actually increase prices. For example, it has given its Android operating system free to phone makers that agree to pre-install Google services including Search and Chrome. If it can’t make money that way, it would be forced to charge for Android. Indeed, when European regulators cracked down on these Android deals in 2018, the company started charging phone makers to license the Google suite of apps.However, the U.S. government’s case, just like the Microsoft lawsuit before it, doesn’t have to specifically prove that Google’s behavior increases prices, said John Newman, who teaches antitrust law at University of Miami School of Law.The harm to consumers isn’t higher prices but harm to innovation, which was the same allegation in the Microsoft case, he said. “There is harm to the competitive process,” he said. “That’s running throughout this complaint. To me it’s pretty compelling.”And just because the government’s case is narrowly focused on search distribution agreements, it doesn’t mean that the end result of the lawsuit would be confined to banning those deals, Reback said.The government left itself lots of leeway to propose remedies. It asked the court to consider major changes to fix the competitive landscape such as “structural relief” -- a legal term that includes forced spinoffs or breakups.Ryan Shores, a DOJ antitrust litigator and senior advisor for technology industries, echoed that warning during a call with reporters Tuesday. “Nothing’s off the table,” he said.(Updates with Google shares in fourth 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.
"She's always been gorgeous," said comedian Alan Carr, whose wedding was officiated by Adele back in 2018
President has intensified attacks on senator Harris in recent weeks
This painting technique has hypnotizing results
Kroll Bond Rating Agency Europe (KBRA) releases an updated research report on the UK building society sector amid the coronavirus (COVID-19) pandemic. KBRA believes the overall creditworthiness of the sector remains resilient despite a significant shock delivered by the pandemic to the UK economy and the ongoing Brexit-related economic vulnerabilities.
The "World - Tiles Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.