Bloomberg Businessweek - USA (2020-12-07)

MARADONA:

STEVE

POWELL/GETTY

IMAGES.

HORTA-OSÓRIO:

SIMON

DAWSON/BLOOMBERG.

DATA:

ADOBE

ANALYTICS

INBRIEF

○ U.K.retail

emporium

Arcadiafiledfor

protectionfrom

creditorson

Nov.30.

○ Coronaviruscaseshave

topped63.4million,and

almost

1.5m

peoplehavedied.The

U.K.becamethefirst

Westerncountryto

approvea Covid-19vaccine

whenit clearedPfizer

andBioNTech’sshot.

○ ExxonMobilwill

cutthevalueofits

NorthandSouth

Americannatural

gasfieldsbyupto

$20billion.

○CreditSuissepicked

AntónioHorta-

Osórioasitsnext

chairman.A native

ofPortugal,Horta-Osório

recentlyannouncedhis

departureasCEOof

LloydsBankingGroup.He’ll

seektorepairtheSwiss

bank’sreputation,which

hasbeentarnishedbya

spyingscandal.

○Bitcointopped

$19,

onNov.30,reachinga new

recordandpushingthis

year’ssurgetomorethan

170%.Thecryptocurrency

remainshighlyvolatile.

Afterreachingits

previoushigh,in December

2017,it lost70%overthe

followingyear.

○ S&PGlobalagreedto

buyIHSMarkitforabout

$39b

in stock.Thedeal,the

second-biggestcorporate

acquisitionsofarthisyear,

speedsa consolidation

waveamongthefinance

industry’sdataproviders.

○ DoorDashis

seekinganIPO

beforeyearend

Theproposed

shareprice

wouldvalue

theU.S.food

deliverycompa

atasmuchas

$32billion.

○“It has

to stop.”

Gabriel Sterling, a Republican election official in Georgia, denouncing President

Trump and the state’s two Republican U.S. senators for not condemning threats

of violence being made against election workers.

Bloomberg Businessweek By Benedikt Kammel

○ DiegoMaradona,celebratedasthe

greatestsoccerplayerever,diedofa

heartattackonNov. 25 nearBuenos

Aires, where he was recovering from

surgery to remove a blood clot from his

brain. He was 60.

○ Cyber Mondayin th

set a sales record,bas

reportsfrom 80 ofthe

100 onlineretailers.

2014

$4b

The writedown, following this year’s

steep decline in energy prices, could

be the industry’s largest impairment in

a decade.

The holding company of billionaire

Philip Green operates 466 stores with

13,000 employees. Brands include

Topshop, Dorothy Perkins, and Burton.

s

O

d.

any

○ Diego Maradona celebrated as the

he U.S.

sedon

etop

2020

$ 11 b

9