(Reuters) – Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday. On Thursday, Morgan Stanley entered into a deal to buy E*Trade, the biggest acquisition by a major Wall Street bank since the 2007-2009 […]
Billionaire tycoons Elon Musk and Jeff Bezos are on a collision course in space. Bezos’s Amazon has bought up access to 83 rockets in a bid to provide internet everywhere on the planet. Musk’s SpaceX company has already launched thousands of satellites into orbit as part of its similar Starlink project and is providing services […]
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said on Wednesday that $250 billion in coronavirus relief for small businesses desired by Republicans could not pass the House of Representatives on its own under current procedures, which require a unanimous vote of those present while most of Congress is out of town. Pelosi, a Democrat, […]
