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Real estate sector propels PE/VC deal activity in October, says report

Private equity exits have witnessed a slowdown TopicsPE/VC investments | Private Equity deals | venture capital Realty sector bets have helped in doubling the overall private equity and venture capital investments in October to USD 8.4 billion, a report said on Thursday. Overall venture investments had stood at USD 3.2 billion in the year-ago period and USD 4.4 billion…

Trump reportedly asked a Georgia elections investigator to ‘find the fraud’ in the 2020 election in lengthy phone call in December

Summary List PlacementPresident Donald Trump on a December 23 phone call pressured Georgia's lead elections investigator to "find the fraud" responsible for his election loss, The Washington Post reported Saturday. The president reportedly told the investigator they would be a "national hero" should they find the evidence he requested, according to the report. The Post's…

Two private institutions revoked Trump’s honorary degree following the Capitol siege

Summary List PlacementTwo educational institutions announced that they are revoking their honorary degrees given to President Donald Trump in light of the riots at the Capitol building on Wednesday.  Lehigh University and Wagner College both announced the revocation on Friday.  Board of trustees "voted to rescind and revoke the honorary degree granted to Donald J.…

The CDC director said the storming of the Capitol is likely a COVID-19 ‘surge event’ that will ‘have public health consequences’

Summary List PlacementDr. Robert Redfield, the outgoing Centers for Disease Control and Prevention (CDC) director under President Donald Trump, said on Friday that the mass riots at the US Capitol would likely be a COVID-19 "surge event" that could have repercussions nationwide. In an interview with McClatchy, Redfield said the riot, which left five people…

After US Capitol riots, cable giants face criticism for enabling the spread of misinformation

Summary List PlacementAfter rioters stormed the US Capitol, some critics are pointing fingers at the TV giants that distribute content from conservative news outlets Newsmax, One America News Network, and, of course, Fox News. The distributors include pay-TV companies like Dish, Comcast, AT&T, and Verizon strike deals with these networks as part of their cable…

Stock Markets Climb, Shaking Off a Grim Jobs Report: Live Updates

The Internal Revenue Service misdirected stimulus payments for an estimated 13 million accounts, but the agency on Friday said it is trying to redirect to the money to the proper place. If you’re anticipating a stimulus payment that hasn’t yet landed, continue to monitor your bank accounts — and your snail mail.The I.R.S. was taking…