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Its purchase by another news outlet is another instance of consolidation in the local news industry. There are no plans to revive the print edition of Jewish Week, which had a circulation of 40, in , said Ami Eden, the 70 Faces chief executive and executive editor.

Bitcoin stands to benefit from US elections - CityAM : CityAM

George Barrios and Michelle Wilson — the former co-presidents of World Wrestling Entertainment who abruptly left the company a year ago — are announcing a new project: Isos Capital Management, an investment firm focused on media, entertainment and sports. The DealBook newsletter was the first to report the new venture. Barrios and Ms. Wilson are veterans of the sports and entertainment business, including more than a decade at spent WWE.

Wilson said. After WWE, they both considered several opportunities — including chief executive roles — but decided instead to continue working together. The new fund will look at companies at all stages of development, with a focus on new technologies that keep fans and subscribers engaged. She and Mr.

Barrios declined to comment on other details about the fund. Barrios said. Stocks on Wall Street and in Europe fell on Monday, a day of consolidation after the markets began the year with a rally to record highs. Trump on its platforms for at least the rest of his term, fell 4 percent. Boeing fell 1. Last week, U. The markets continued to rise even after a pro-Trump mob stormed the Capitol on Wednesday. Democrats, pointing to Mr. Trump from the presidency.

Instead, the rally simply reflects the greed of bullish investors. Interest rates remain extraordinarily low, and the Federal Reserve and other central banks have said they are determined to keep short-term rates low. When rates are low, stocks and other risky assets are comparatively attractive. The pandemic is the main cause of global economic troubles and it will eventually end.

With vaccinations underway, Wall Street hopes that growth in most regions and sectors will surge later this year, along with rising corporate profits. With Democrats sweeping the two contested Senate seats in Georgia, the chances of at least some further economic stimulus have increased.

President-elect Joseph R. Biden Jr. Some increased spending is likely, but this slim grip on power implies that big tax increases on wealthy investors and rich corporations may not happen soon. The election may have delivered something close to a Goldilocks alignment for the stock market.

Talk Radio Giant Tells Hosts to Stop ‘Stolen Elections’ Rhetoric

The possibility that the Biden administration will usher in a more efficient and inclusive government, with more spending and only moderate changes otherwise, is seen as a sweet outcome for stocks. Amazon says it will remove QAnon products from its store. Advertisement Continue reading the main story. The government settled with a company accused of using stored photos to create facial recognition databases. Ford, citing the pandemic, will stop making cars in Brazil and shut three factories.

After hard times, The Jewish Week has a new owner.

First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to Loss

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