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‘Schitt’s Creek,’ ‘Watchmen’ and ‘Succession’ Win Emmys 2020

During a virtual ceremony that was the first major award show of the Covid-19 era, Zendaya became the youngest lead actress winner in a drama for her role in “Euphoria.” Regina King and Jeremy Strong were among the other actors to earn Emmys. Photo: Television Academy/ABC/Associated Press …read more […]

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Musk says record Tesla vehicle deliveries possible in third quarter

Tesla Inc has a chance to deliver a record number of vehicles in the third quarter, the U.S. electric carmaker’s Chief Executive Officer Elon Musk said in an internal email, urging employees to work hard to achieve that goal. The quarter-end rallying cry has become a familiar theme in recent quarters at Tesla, with Musk calling on employees to quickly build and deliver vehicles at the end of the quarter to achieve specific targets. …read more […]

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Supreme Court Fight Galvanizes Final Sprint of Election

Sep.21 — Donald Trump’s plans to name a replacement for Supreme Court Justice Ruth Bader Ginsburg this week offer Joe Biden the chance to galvanize newly energized Democrats, while providing the president a fresh battle in a culture war he’s waged for four years. Early reaction to Ginsburg’s death on Friday suggests Biden stands to gain more politically from the sudden vacancy, as it underscores the stakes of the contest for liberal voters who had been reluctant to endorse his centrist candidacy. Derek Wallbank reports on “Bloomberg Surveillance.” …read more […]

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U.S. Index Futures Extend Losses as Rising Virus Cases Sour Mood

(Bloomberg) — U.S. equity-index futures extended declines, signaling losses at the open on Wall Street, as global stocks were hit by concern about new restrictions spurred by rising coronavirus cases.Futures contracts on the S&P 500 Index dropped 1.4% as of 10:20 a.m. in London, pointing to a fourth straight daily decline, the longest stretch of losses for the gauge since the end of February. Contracts on the Dow Jones Industrial Average and Nasdaq 100 fell 1.6% and 1.2%, respectively.U.S. deaths related to Covid-19 are nearing 200,000 and the nation’s new cases rose in line with a one-week average. At least …read more […]

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Tesla traders bet on Musk battery pitch to spark rally

Tesla’s stock has risen in recent sessions ahead of the event scheduled for Tuesday after the close of trading. Many analysts expect Musk to unveil battery improvements extending the Palo Alto, California automaker’s lead over General Motors, Volkswagen and other rivals. Tesla options are pricing in a stock move of around 17% – up or down – by Friday, said Christopher Murphy, co-head of derivatives strategy at Susquehanna Financial Group. …read more […]

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HSBC Shares Fall to 25-Year Low on China Fears, Banks Report

(Bloomberg) — HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including a potential threat to its China expansion plans and increased scrutiny of money laundering controls.The London-based bank’s Hong Kong shares on Monday slid below their closing low for March 2009, hitting as low as HK$29.60. They have plunged 51% this year, reaching the lowest since 1995. In London, HSBC fell 3.3% as of 8:05 a.m. local time, compared with the 1.7% decline in the benchmark FTSE 100 Index.Europe’s largest bank is a possible candidate for China’s …read more […]

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U.K. at ‘Critical Point’ in Virus Surge With London at Risk

Sep.21 — The U.K. is at a “critical point” in the coronavirus pandemic, according to a preview of remarks prepared for a public briefing by Chief Medical Officer Chris Whitty. The warning comes amid expectations that local restrictions could soon be extended to London. Edward Evans reports on “Bloomberg Markets: European Open.” …read more […]