A New Unicorn Takes Shape

Prince Philip dead: Live updates as the nation mourns the Duke of Edinburgh

  • Eamonn Holmes and Alex Beresford lead tributes to Prince Philip
  • Queen starts eight days of mourning after husband Prince Philip’s death
  • Where will Prince Philip be buried?
  • The Queen and Prince Philip: The story of the dashing naval officer and a shy Princess

Boris Johnson pays tribute to 'extraordinary life and work' of Prince Philip


Prince Philip's lasting legacy is as a devoted companion to the Queen




Pick 6: Odds Teddy Bridgewater or Aaron Rodgers join the Broncos, Max Borghi wins the Heisman Trophy – The Denver Post

+325

+1,200

+5,000

+5,000

-213

+6,600

Downing Street lowers flags to half-mast as tributes to Prince Philip flood in


Sky Sports News criticised for 'strange' Prince Philip tweet

Betting on Small Companies Yielded Big Returns

Three fund managers found winners in such diverse small-cap niches as energy, consumer electronics and auto sales.

By Tim Gray

Rong Shing Trading Recalls Ineligible Beef Products Imported From China

Rong Shing Trading Inc has recalled about 3,365 pounds of Chinese style hot pot base products containing beef tallow. The products were imported from the China, a country ineligible to export beef to the United States, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS said in a statement.

The chinese style hot pot base products were imported on or around February 14, 2020.

The recall involves 450g Plastic vacuum wrapped packages containing a “Lee’s 52° Da Zhuang” Hot Pot Base. They have a sell by date of January 29, 2022 on the label.

The recall also involves 300g Plastic vacuum wrapped packages containing a “Lee’s 45° Da Zhuang” Hot Pot Base. The recall products have a sell By date of June 30, 2021 on the label.

The product labels are written in the Chinese language. The products do not bear an establishment number nor a USDA mark of inspection. These items were shipped to retail locations nationwide.

The issue was identified after FSIS received a consumer complaint, the FSIS said.

The FSIS stated that there have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about a reaction should contact a healthcare provider.

FSIS is concerned that some product may be in consumers’ homes. Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

Johnson Controls To Acquire Silent Aire In $870 Mln Deal In Cash

Johnson Controls (JCI) Friday announced an agreement to acquire Silent-Aire, a global leader in hyperscale data center cooling and modular critical infrastructure solutions for up to $870 million in cash. The deal includes an upfront payment of approximately $630 million and additional post-closing earnout milestones.

The transaction is expected to be immediately accretive and add $0.07 to $0.09 to Johnson Controls adjusted EPS from continuing operations in fiscal 2022.

The deal will help expand Johnson Controls’ global capabilities in key growth regions and enhance data center solutions and service offerings.

Silent-Aire specializes in the design, engineering and manufacturing of mission critical custom air handlers and modular data centers for hyperscale cloud and colocation providers. Silent-Aire’s revenue for fiscal year 2021 is expected to be approximate $650 million.

Silent-Aire is headquartered in Edmonton, Alberta and has approximately 3,000 employees globally.

The transaction is expected to close in the third quarter of 2021.

AT&T Inc. To Record Non-cash Pre-tax Actuarial Gain Of Approx. $2.8 Bln

AT&T Inc. (T) said, for the quarter ended March 31, 2021, due in part to the company’s recent resizing and restructuring of operations, it expects total distributions from the pension plan will exceed the threshold of service and interest costs for 2021, requiring the company to follow settlement accounting and remeasure pension benefit obligation at each quarter-end in 2021.

For the quarter ended March 31, 2021, the company anticipates to record a non-cash pre-tax actuarial gain of approximately $2.8 billion, which is primarily due to an increase in the discount rate used to measure the obligation.

A New Unicorn Takes Shape

A richly valued fundraising deal cements Kim Kardashian’s billionaire status.

By Andrew Ross Sorkin, Jason Karaian, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

Kim Kardashian’s billions