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U.S. Killing of Soleimani Leaves Trump ‘Totally Unpredictable’

(Bloomberg) — Three years into Donald Trump’s presidency, U.S. allies and adversaries thought they had him figured out as a leader prone to bellicose talk who rarely delivered on his boldest military threats.That all changed Thursday with Trump’s decision to kill a key Iranian commander in the biggest foreign policy gamble of his time in office.With the high-stakes drone strike against General Qassem Soleimani, one of Iran’s most venerated leaders, Trump caught Tehran — and the rest of the world — by surprise, restoring a sense of unpredictability that could play to his advantage as world leaders are left wondering …read more […]

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Hudson’s Bay Chairman Weighs Raising Offer for Retailer

(Bloomberg) — Hudson’s Bay Co. Chairman Richard Baker raised his offer to take the struggling retailer private, handing a victory to minority shareholders including Catalyst Capital Group Inc. that fought to derail the original bid.Hudson’s Bay said in a statement late Friday it agreed to a new bid by Baker and a group of allies, who together control the company. The offer was increased for a second time to C$11 ($8.46) a share from C$10.30. Baker’s first offer was for C$9.45 apiece in June.The new take-private bid values the owner of Saks Fifth Avenue at about C$2 billion. Catalyst, a …read more […]

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Minority Shareholders Win as Hudson’s Bay Chairman Raises Offer

(Bloomberg) — Hudson’s Bay Co. Chairman Richard Baker raised his offer to take the struggling retailer private, handing a victory to minority shareholders including Catalyst Capital Group Inc. that fought to derail the original bid.Hudson’s Bay said in a statement late Friday it agreed to a new bid by Baker and a group of allies, who together control the company. The offer was increased for a second time to C$11 ($8.46) a share from C$10.30. Baker’s first offer was for C$9.45 apiece in June.The new take-private bid values the owner of Saks Fifth Avenue at about C$2 billion. Catalyst, a …read more […]

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Ghosn used our jets illegally in escape from Japan, Turkish company says

ISTANBUL/TOKYO (Reuters) – A Turkish private jet operator said on Friday that ex-Nissan boss Carlos Ghosn used two of its planes illegally in his escape from Japan, with an employee falsifying lease records to exclude his name from the documents. MNG Jet said it had filed a criminal complaint over the incident, a day after Turkish police detained seven people, including four pilots, as part of an investigation into Ghosn’s passage through Istanbul en route to Lebanon. Ghosn has become an international fugitive after he revealed on Tuesday he had fled to Lebanon to escape what he called …read more […]

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Tesla’s Model 3 Is the Only EV Doing Real Volume in the U.S.

(Bloomberg) — If automakers learned anything from 2019, it’s that the have and have-nots of the U.S. electric-vehicle market are Tesla Inc.’s Model 3 — and everything else.The Model 3 sold in serious volume, with website InsideEVs.com estimating almost 160,000 sales for the year. Other automakers investing billions to roll out electric models have serious catching up to do.After the Model 3, one has to scroll far down the sales rankings to find Tesla’s Model S and X and offerings from General Motors Co. and Nissan Motor Co. And 2019 was a year to forget for the Chevrolet Bolt and …read more […]

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Aurora Cannabis (ACB): Will Nelson Peltz Save 2020?

Aurora Cannabis (ACB) ended 2019 with an executive shuffle that might have just started. The Canadian cannabis LP is in need of a more streamlined expense structure to survive and thrive until mid-year 2020 catalysts boost the Canadian market. Until then, investors have to wonder if the promises of working with Nelson Peltz on CPG partnerships will ever bear fruit.Executive ShuffleBack on December 20, Chief Corporate Office Cam Battley stepped away from the company. Mr. Battley has long been the face of Aurora Cannabis despite not being the CEO or CFO.The move is an interesting step for a company struggling …read more […]

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Fixed vs. Variable Annuities: Key Differences

Some investors use annuities for a guaranteed income and as a retirement planning strategy. While there are many different variations of annuities, two of the most common types include fixed and variable annuities. Read on to discover if a … Continue reading ->The post Fixed vs. Variable Annuities: Key Differences appeared first on SmartAsset Blog. …read more […]