Thu. Aug 5th, 2021

Month: February 2021

Summary List PlacementAs the pandemic progresses, experts are identifying more and more symptoms that could signal a coronavirus infection. According to one researcher in the United Kingdom, "COVID tongue" should be added to that growing list. "Seeing increasing numbers of COVID tongues and strange mouth ulcers," Tim Spector, an epidemiologist from King's College London, tweeted…... Read More
Summary List PlacementA group of 10 Senate Republicans announced on Sunday they will soon unveil a $600 billion stimulus package in an effort to strike a compromise with the Biden administration. The Senate Republicans, led by Sen. Susan Collins of Maine, also requested a meeting with President Joe Biden to discuss their proposal. The plan's…... Read More
Summary List PlacementA growing number of execs and investors are looking to cash in on media through special-purpose acquisition companies. SPACs are blank-check companies set up to acquire and take companies public, often with less scrutiny, cost and time than a traditional initial public offering. SPACs have been viewed critically by some as riskier for…... Read More
Summary List PlacementMelvin Capital Management lost over half its assets after GameStop burned short-selling funds this month. The hedge fund, which was at the heart of the GameStop frenzy, lost 53% in January, sources close to the fund told Insider. The Wall Street Journal first reported the loss.  Melvin Capital, founded by star portfolio manager…... Read More