EU Seeks Clarifications From Italy Over Autostrade Legal Dispute
The European Commission has raised questions over how Italy managed a long-running legal battle with infrastructure giant Atlantia SpA, owned by the billionaire Benetton family, according to a letter sent to the Rome-based government seen by Bloomberg News.
Bloomberg
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0% APR Until 2022 is 100% Insane
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Opinion: I'm one of the 1%. We should support Biden in raising our taxes
I expected the wealthy would do well under Donald Trump, but not as grotesquely well as those of us in the top 1% have done. From the day Trump won in 2016 to the day he lost in 2020, the stock markets were up at least $12.7 trillion, which means that the top 1% of the 128.5 million US households -- the 1.28 million that own 51% of the stock market -- could each have gotten richer by an average of around $5 million.
CNN
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Southeastern Grocers postpones planned IPO
Southeastern Grocers Inc., operator of Winn-Dixie grocery stores serving seven states in the southeast, said Friday it is postponing its planned initial public offering. "The Company will continue to evaluate the timing for the proposed offering as market conditions develop," it said in a statement. The company just last week said selling shareholders would offer 8.9 million shares in the IPO, priced between $14 and $16 a share, to raise up to...
MarketWatch
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What $1 Trillion Really Looks Like, Plus More Fascinating Money Facts
There have been countless videos made to try to visualize the wealth held by the likes of Jeff Bezos, Bill Gates and other famous billionaires. Something so vast is very hard to wrap your mind around....
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