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Ginkgo Bioworks, Which Prints DNA And Creates Genetically Modified Food, Exploring SPAC Deal: Report
Friday, April 9, 2021 - 12:25pm | 796One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public. The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and...
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The Rich Get Richer: Jeff Bezos, Elon Musk Top Forbes' 2021 List Of World's Billionaires
Wednesday, April 7, 2021 - 3:32pm | 830Forbes Magazine has compiled the 2021 edition of the World’s Billionaire’s list, with 2,755 men and women ranked as the richest people on Earth — up from 660 more than a year ago. It Was A Very Good Year: Although many people struggled financially over the past year due to...
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Why Kensington Capital Acquisition Corp's Stock Is Up 33% Today
Friday, November 13, 2020 - 4:56pm | 200Shares of Kensington Capital Acquisition Corp (NYSE: KCAC) are trading higher by over 30% Friday. The move comes the day after the company announced a date of Nov. 25 to vote on the pending merger with battery company QuantumScape. Why It’s Important: QuantumScape is backed by Bill Gates and...
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Bill Gates And Volkswagen-Backed EV Battery Maker QuantumScape Going Public Via SPAC
Thursday, September 3, 2020 - 10:51am | 691QuantumScape, a solid-state battery maker backed by Bill Gates and Volkswagen AG (OTC: VWAGY), is going public via SPAC Kensington Capital Acquisition (NYSE: KCAC). About QuantumScape: QuantumScape is a 10-year-old battery maker, spun out from Stanford University. The lithium batteries are said to...
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Warren Buffett's Berkshire Buys 5% Stake Each In Japan's 5 Largest 'Sogo Shosha'
Sunday, August 30, 2020 - 9:38pm | 421Warren Buffett-led Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) late Sunday announced it has purchased passive stakes in five of the largest Japanese trading companies. What Happened: The trading companies, referred to as “Sogo Shosha” in Japan, include Itochu Corporation (OTC:...
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Michael Bloomberg Drops Out Of 2020 Presidential Race, Endorses Joe Biden
Wednesday, March 4, 2020 - 1:04pm | 232Michael Bloomberg dropped out of the 2020 race on Wednesday after a poor showing on Super Tuesday and issued a statement endorsing former Vice President Joe Biden. Bloomberg is the former mayor of New York and spent more than $500 million of his own money in the race to become the Democratic Party...
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What To Know About Super Tuesday 2020 And When The Polls Close
Tuesday, March 3, 2020 - 4:15pm | 328It’s March 3, a defining day in the nomination of the 2020 democratic candidate for president. The excitement on Super Tuesday sees Democratic candidates Bernie Sanders, Joe Biden, Elizabeth Warren, Mike Bloomberg and Tulsi Gabbard looking to make a splash in the pool of remaining pledged...
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South Carolina Debate: Democrats Target Sanders, Bloomberg And Warren Go At Each Other Again, Biden Sure Of Win
Wednesday, February 26, 2020 - 7:23am | 960Democratic 2020 presidential hopefuls took head-to-head for the 10th time on Tuesday night in South Carolina debate ahead of the primary to be held on Saturday. Candidates Hound Each Other With things heating up in the last debate in Nevada, the candidates took it further up a notch, this time...
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More Than 70 Accounts Promoting Bloomberg's Campaign Banned On Twitter
Monday, February 24, 2020 - 4:28am | 389Twitter Inc. (NYSE: TWTR) banned at least 70 accounts promoting Democratic presidential candidate Michael Bloomberg's campaign starting Friday, the Los Angeles Times reported. What Happened "We have taken enforcement action on a group of accounts for violating our rules against platform...
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Nevada Democratic Debate: Bloomberg On Shaky Ground In Fiery Political Battle
Thursday, February 20, 2020 - 9:05am | 595As the battle for the Democratic win heats up, no one was spared criticism Wednesday night on the debate stage in Las Vegas. Here are the key takeaways from the debate. Things Are Heating Up The Democratic event in Nevada was the precursor to the next debate to be held in Charleston, S.C., on Feb...
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Bloomberg Pays People To Promote His Campaign On Their Personal Social Media
Thursday, February 20, 2020 - 12:39am | 493Democratic presidential candidate Michael Bloomberg is paying people $2,500 per month to promote his campaign among their social media circles, the Wall Street Journal reported Wednesday. What Happened Bloomberg's campaign team is hiring 500 workers, referred to as "deputy digital...
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What A Financial Transaction Tax Would Mean For Traders: PreMarket Prep Recap For Feb. 19, 2020
Wednesday, February 19, 2020 - 1:05pm | 1393Michael Bloomberg’s proposed financial regulations sent shockwaves through Wall Street on Tuesday. Among the proposals is a financial transaction tax that would amount to a 0.2% charge on all trades of stocks and derivatives. On Wednesday’s PreMarket Prep, co-host Dennis Dick outlined...
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Bloomberg Proposes Decriminalized Cannabis Possession In Criminal Justice Reform Plan
Wednesday, February 19, 2020 - 11:16am | 358Democratic presidential candidate and former New York City mayor Mike Bloomberg issued his criminal justice reform plan Tuesday, and it includes proposals for the decriminalization of cannabis possession and the expungement of criminal records concerning cannabis convictions. “...
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Bloomberg Promises 'Clear Regulatory Framework' For Cryptocurrencies If Elected
Wednesday, February 19, 2020 - 6:19am | 480Democratic Presidential candidate Michael Bloomberg on Tuesday proposed creating a "clear regulatory framework" on cryptocurrencies as part of financial reforms if he is elected president in the upcoming elections. What Happened "Cryptocurrencies have become an asset class worth...
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Michael Bloomberg Talks Frugality, Career, Money, And How He Pays For Stuff
Thursday, February 6, 2020 - 10:21am | 517If elected, he plans to take a salary of $1, just as he did as the mayor of New York, Michael Bloomberg tells MarketWatch in an interview. On Giving Away “When I was mayor, I took a salary of just a dollar a year. I still have all 12 one-dollar checks — 93 cents, after...