Monthly Archives: August 2022

Trump’s weird endorsement of 2 Erics at once in a Senate race came after he ran out of time to choose, report says

Donald Trump arrives at a Make America Great Again rally in Cape Girardeau, Missouri on November 5, 2018. JIM WATSON/AFP via Getty Images Trump on Monday endorsed rival Senate candidates called Eric, not specifying a surname. Eric Greitens and Eric Schmitt are battling for the GOP Missouri Senate nomination.  According to Politico, the choice was…

Healthcare targets and ‘corporate orphans’ take center stage amid a dearth of M&A activity

Hi. I’m Aaron Weinman. Let’s look at the M&A environment — particularly the white-hot demand for healthcare, and opportunities behind corporate carve outs. Before going into that, it’s our last call to nominate up-and-comers for Insider’s 2022 class of Wall Street rising stars. Submit your ideas here. Now, let’s get on with it. If this…

Space debris that crashed in Australian farmland is likely from SpaceX, astrophysicist says

The astrophysicist Brad Tucker said this was a piece of space junk likely from the SpaceX Crew-1 mission. Brad Tucker Space junk was found scattered across several fields in Australia last month. The debris likely came from a SpaceX Crew-1 flight, an astrophysicist who examined the junk said. Scientists had been tracking the flight path…

Goldman Sachs says investors are being complacent about recession risks as the stock market rallies

Wall Street enjoyed a stock-market rally in July. Spencer Platt/Getty Images Goldman Sachs has said investors are being complacent about recession risks and markets remain vulnerable. Stocks have rallied in recent weeks as investors have bet the Fed will pause its rate hikes as growth slows. But Goldman said markets could run into trouble if…

Pausing student-loan repayments cost the US $102 billion, report says, as Biden considers forgiving some debt outright

President Joe Biden speaks on Earth Day at Seward Park in Seattle, Washington, on April 22, 2022. MANDEL NGAN/AFP via Getty Images A government watchdog said the COVID-19 student loan pause cost the US $102 billion. It came as Biden mulled debt forgiveness, with a decision expected at the end of August. The loans, once…

The Morning After: Did Microsoft just neg Blizzard Activision?

In a recent filing, Microsoft told New Zealand’s Commerce Commission that Blizzard Activision produces no “must-have” games. Weird thing to say when the company plans to spend $68.7 billion to buy the gaming giant behind Call of Duty, Overwatch, Diablo, World of Warcraft and plenty more. In the document, Microsoft said: “There is nothing unique about…

Ubisoft’s ex-Division developer boss joins PlayerUnknown Productions

PlayerUnknown Productions has announced it has hired David Polfeldt as a senior advisor. Polfeldt was managing director of Ubisoft’s Massive Entertainment for 12 years. He left the company earlier this year in March, as he felt that he wasn’t “the right manager for what the studio has become”. During his tenure at Massive Entertainment, Polfeldt…