L.S. Howard

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So far L.S. Howard has created 499 blog entries.
13 04, 2021

SEC Throws Another Wrench into Wall Street’s SPAC Machine

By | April 13th, 2021|Uncategorized|Comments Off on SEC Throws Another Wrench into Wall Street’s SPAC Machine

U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. The Securities and Exchange Commission is setting forth new guidance that warrants, which are …

13 04, 2021

Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters

By | April 13th, 2021|Uncategorized|Comments Off on Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters

Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. In a statement …

13 04, 2021

Egyptian Court Allows Seizure of Ship that Blocked Suez, Pending $900M Compensation

By | April 13th, 2021|Uncategorized|Comments Off on Egyptian Court Allows Seizure of Ship that Blocked Suez, Pending $900M Compensation

An Egyptian court issued a seizure order for the ship that blocked the Suez Canal last month after a request from the waterway’s operator, which is demanding $900 million in compensation, according to local media. A court in the city …

13 04, 2021

U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson

By | April 13th, 2021|Uncategorized|Comments Off on U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson

The U.S. National Highway Traffic Safety Administration is investigating potentially faulty air bags made by Joyson Safety Systems, the successor to defunct manufacturer Takata Corp. that is at the center of one of the biggest recalls in history. The agency, …

13 04, 2021

China Forces Restructuring of Ant Group into Financial Holding Firm

By | April 13th, 2021|Uncategorized|Comments Off on China Forces Restructuring of Ant Group into Financial Holding Firm

BEIJING – China has imposed a sweeping restructuring on Jack Ma’s Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, underscoring Beijing’s determination to rein in its internet giants. The overhaul, in the …

12 04, 2021

Suez Canal Authority Still in Talks About Compensation for Grounding of Container Ship

By | April 12th, 2021|Uncategorized|Comments Off on Suez Canal Authority Still in Talks About Compensation for Grounding of Container Ship

Egypt is still in talks about compensation stemming from the operations to free the giant container ship whose stranding in the Suez Canal for nearly a week roiled global cargo markets, the canal authority’s chief said Monday. It’s likely that …

9 04, 2021

China Revives Sale of Dajia Insurance, the Firm Created to Take Over Troubled Anbang

By | April 9th, 2021|Uncategorized|Comments Off on China Revives Sale of Dajia Insurance, the Firm Created to Take Over Troubled Anbang

China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of troubled Anbang Insurance Group Co., as the government seeks to turn the firm over to private investors, according to people …

9 04, 2021

Huge Ship That Blocked Suez Canal Will Be Held Until Compensation Deal Is Reached

By | April 9th, 2021|Uncategorized|Comments Off on Huge Ship That Blocked Suez Canal Will Be Held Until Compensation Deal Is Reached

Egypt will release the giant container ship that had blocked the Suez Canal for nearly a week once a deal is reached on compensation for related losses, the head of the canal’s authority said. “The ship is ready,” Osama Rabie …

9 04, 2021

Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Global Supply Chains

By | April 9th, 2021|Uncategorized|Comments Off on Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Global Supply Chains

LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say. Dozens of container …

6 04, 2021

G20 Companies to Face Common Disclosure Requirements for Climate Risks

By | April 6th, 2021|Uncategorized|Comments Off on G20 Companies to Face Common Disclosure Requirements for Climate Risks

LONDON – G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how policymakers want faster action to replace the …