Bloomberg Businessweek - USA (2020-08-31)

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INBRIEF

○ Delegatesat

theRepublican

National

Convention

renominated

PresidentTrump.

○ GlobalCovid-19cases

havenowtopped

24m

anddeathshavesurpassed

822,000.PresidentTrump

saidhewouldexpand

accesstoa treatment

usingbloodplasmafrom

peoplewho’verecovered

fromthevirus,but

researcherswarnedthat

thetherapy’sbenefits

haven’tbeenproven.

○AlexeiNavalny,a

longtimecriticof

VladimirPutin,

wasevacuated

toBerlinonAug. 22 after

fallingill fromsuspected

poisoningona flightto

Moscow.Doctorstreating

thedissidentsaidthey

foundevidenceofa toxin

in hisbodyandwarned

thathemaysufferlong-

termdamage. 7

○ TheannualWorld

EconomicForumin Davos

willbepostponeduntil

themiddleof2021.The

gatheringofgovernment

leaders,executives,and

financiersis normally

heldeachJanuaryin the

Swissskitown.

○FullHouseactressLori

Loughlinwassentenced

onAug. 21 totwomonthsin

prisonforconspiringwith

herhusbandtopay

$500k

in bribestogettheir

daughtersintothe

UniversityofSouthern

Californiaasphony

athletic

○ TikToksuedtheU.S.

governmentafterPresident

Trumpissuedanexecutive

orderblockingtheapp

fromoperatingin theU.S.,

citingnationalsecurity

concerns.TheChinese

socialnetworkingservice

accusedhisadministration

offailingtofollowdue

processandprovidingno

evidenceorjustification

fortheban.

○Chinesebillionaire

JackMais considering

anIPOforAntGroup,his

paymentplatform.A sale

couldraiseabout

$30b

if marketsarefavorable,

makingit theworld’s

largestpublicoffering.

○ ExxonMobil

wasejectedfrom

theDowJones

IndustrialAverage,

moreevidence

ofthedeclineof

U.S.commodity

companies.

○ “With the data that we

are presenting today, the

case for mRNA-1273 to

be one of the best or the

best-in-class vaccines

has gotten stronger.”

Moderna CEO Stéphane Bancel, after the company presented new safety

data from an early trial providing the first evidence that its coronavirus vaccine

stimulates the immune systems of older people.

Bloomberg Businessweek By Benedikt Kammel

○ A demonstrator in Kenosha, Wis., holds a makeshift shield on Aug. 25. Police on

Aug. 26 arrested a counterprotester who they say killed two people on the third

night of unrest in the city after officers shot Jacob Blake, 29, an unarmed black man,

in the back. Blake, who’s undergone several surgeries, remains paralyzed.

MSNBC anchor Chuck Todd described

Trump’s opening-night speech as

“a grievance-filled informal acceptance

speech that was filled with so many

made-up problems about mail-in voting

that if we were to air just the truthful

parts, we probably could only air maybe

a sentence, if that much.”

Pfizer and Raytheon Technologies

were also removed, to make

way for Amgen, Honeywell, and

Salesforce.com.

gp

c recruits.