Offbeat 10 important facts: You should know that at the start of the week on the stock market
The Kodak loan: Insider trading in a new garb?
The DFC loan to Kodak is the first of its kind under the Defense Production Act, and so it is not surprising that it raised a number of new issues. Since we are in unprecedented times, government agencies and regulators need to make changes to adapt to the current situation and fulfill their mission to ensure a level playing field for investors even during this difficult period.Patrick Augustin is associate professor of finance at the Desautels Faculty of Management at McGill University. Francis Cong is a researcher at the Desautels Faculty of Management at McGill University. Marti G. Subrahmanyam is Charles E.
These 10 facts should cause movement in the markets today.
1. DAX higher expected The shows around an hour before the start of trading on Monday at times 0.55 percent more firmly at 12,835 points.
2. Asia's stock markets in green In Tokyo, theis 0.27 percent firmer at 22,981.34 index points. In mainland China, the is a marginal 0.05 percent higher at 3,382.51 points. In Hong Kong, the is picking up strongly and recently posted an increase of 1.33 percent to 25,448.83 units (as of 07:30 a.m. CEST). 3. thyssenkrupp wants state aid for the reconstruction of the steel works "No steel manufacturer can create climate-neutral production on its own. That is a task for society as a whole," said the new steel boss Bernhard Osburg of the Westdeutsche Allgemeine Zeitung (WAZ) .
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4. Porsche and KBA are investigating manipulation of gasoline engines According to information from Bild am Sonntag (BamS), illegal changes to hardware and software are said to have been made in series production of gasoline engines - and only after the so-called approval Typing by the Federal Motor Transport Authority (KBA).
5. DNA analysis confirms the identity of alleged VW spy After the discovery of a corpse in a burning car in Rottorf (Helmstedt district) it is clear that it is the alleged company spy in thewiretapping affair acts.
6. Chief of Economic Wise Men: Second lockdown would be a catastrophe A second lockdown in the Corona crisis would be catastrophic for the economy from the point of view of the head of the "Economic Wise Men", Lars Feld. Feld told the German Press Agency: "If there is an acceleration and the infections continue to spread, there is a threat of a second lockdown. That would be a catastrophe from an economic point of view. There is then the risk of a permanent slowdown in growth."
Apple just became the first U.S. company worth $2 trillion
The company could see nearly $60 billion in profits this year, over four times that of Walmart, one analyst said.From a garage in Los Altos, California to the most profitable company in the world with its devices, services and ethos interwoven into much of modern daily life, the high-flying valuation sets it apart from its nearest tech competitors. Amazon and Microsoft boast market capitalizations of about $1.5 trillion each. Google’s is just north of $1 trillion.
7. Deutsche Post should reduce letter postage According to a newspaper report, the dispute about the letter postage of Deutsche Post is entering the next and possibly decisive round.
8. Tiktok announces lawsuit against US President Trump's decree The company is expected to file the lawsuit in the coming week, Tiktok said on Saturday. The government "did not pay attention to the facts and tried to interfere in the negotiations of private companies," it said in a statement.
9. Oil prices largely stable Thestabilized on Monday after significant losses shortly before the weekend. A barrel (159 liters) of North Sea Brent cost $ 44.30 that morning.
10. Euro hardly changed Themoved only a little on Monday. In the morning, the common currency traded at $ 1.1794.
Checking facts is the wrong way to understand political persuasion .
In the world we actually live in, we have to see “facts” in a different light than we’re used to. Facts are only valuable inasmuch as they energize a party’s committed voters.During the Democratic and Republican conventions, for instance, fact-checking played a prominent role, culminating in Daniel Dale's viral 3-minute fact-check of Donald Trump's convention speech.