Ahmaud Arbery: Suspects in US murder case to face trial
Three men, including retired police officer and his son, charged over fatal shooting of Black jogger in state of Georgia in February.
A judge in the US state of Georgia has ruled that three men charged with the murder of a Black man will go on trial.
Ahmaud Arbery was chased and shot several times by a retired white police officer and his son in February.
But they were only charged in May after a video of the shooting in Brunswick led to nationwide protests.
Al Jazeera’s Andy Gallacher reports.
U.S. says taxpayers must file return by July 15 or request extension
WASHINGTON (Reuters) – U.S. taxpayers must file their 2019 tax returns by July 15 or file for an automatic extension to Oct. 15, the Treasury Department said on Monday.
Federal income taxes are normally due by April 15, but the deadline was delayed this year by three months due to the coronavirus pandemic.
European Economics Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers’ survey data from euro area and the UK are due on Tuesday, headlining a light day for the European economic news.
At 3.15 am ET, France preliminary Purchasing Managers’ survey results are due for June. The composite output index is expected to advance to 46.3 in June from 32.1 in the previous month.
At 3.30 am ET, IHS Markit releases Germany’s flash PMI data. Economists forecast the composite index to rise to 44.2 in June from 32.3 in the previous month.
Half an hour later, Eurozone flash PMI results are due. The composite output index is seen at 42.4 in June versus 31.9 a month ago.
At 4.30 am ET, IHS Markit is slated to publish UK composite PMI survey data. The flash composite indicator is expected to improve to 41.0 in June from 30.0 in May.
At 8.00 am ET, Hungary’s central bank announces its rate decision. The bank is expected to retain its key rate at 0.9 percent.
World Environment Day sees calls for protection post-COVID-19
Biodiversity is the foundation of life on Earth, but it is being threatened like never before and humanity is feeling the impact.
Biodiversity is the foundation of life on earth, but it is being threatened like never before and humanity is feeling the impact.
On World Environment Day there are calls for greater efforts to protect the planet’s living systems – from the largest land mammal on Earth to the trillions of microbes in the ocean that help create the air we breathe.
Al Jazeera’s Nick Clark reports.
NYC May Slow Indoor Dining Restart Amid Virus Spread Elsewhere
New York Mayor Bill de Blasio said Monday that officials are reconsidering a plan to allow indoor dining July 6, as other states experience a surge in Covid-19 cases after reopening restaurants and bars.
De Blasio cited surges of the virus in Texas, Florida and California as reasons to consider a slowdown in reopening restaurants, even at 50% capacity. New York Governor Andrew Cuomo expressed similar concerns Monday morning during an interview on NY1.
“Around the country, a number of cities and states have been moving in the wrong direction,” de Blasio said. “We all love indoor dining, but we see problems with indoor dining.”
The mayor said the city and state will make a decision within “the next few days,” as health officials are “paying attention to this lesson. We’re increasingly concerned.”
Stock Alert: Insurance Acquisition Jumps 18% On Merger Deal With Shift Technologies
Shares of Insurance Acquisition Corp. (INSU), a unit of Cohen & Company Inc. (COHN) climbed more than 18% Monday morning to touch a new high of $14.91. The stock is currently trading at $13.90.
Insurance Acquisition today said it has entered into a definitive merger agreement with Shift Technologies, an automotive e-commerce company.
Upon closing the transaction, which is expected in the third quarter of this year, Insurance Acquisition plans to change its name to Shift Technologies and remain NASDAQ-listed under a new ticker symbol.
Under the terms of the agreement, Insurance Acquisition Corp. will combine with Shift for a consideration of about $380 million in Insurance Acquisition Corp. Class A common stock, plus an additional 6 million shares of Class A common stock that will be earned if the combined company achieves certain price targets over time.
Stock Alert: Landcadia Holdings Hits New 52-week High
Shares of Landcadia Holdings II, Inc. (LCA) are surging more than 30 percent or $3.04 in Monday’s morning trade at $13.12, after earlier touching a new 52-week high of $15.72.
Landcadia is a publicly traded special purpose acquisition company co-sponsored by Fertitta Entertainment, Inc. and Jefferies Financial Group Inc. Monday, Tilman Fertitta and Landcadia Holdings said that Landcadia has agreed to acquire Golden Nugget Online Gaming, Inc., or GNOG, a U.S. online real money casino owned by Tilman Fertitta.
The transaction, which values the combined company at an anticipated pro forma enterprise value of about $745 million, is expected to close in the third quarter of this year. Upon closing, Landcadia intends to change its name to Golden Nugget Online Gaming, Inc. and its Nasdaq trading symbol to “GNOG”.
GNOG will become only the second pure publicly traded online casino company in the U.S. Tilman Fertitta will remain GNOG’s Chairman and CEO.
The stock has traded in a range of $8.82 to $15.72 in the past 52 weeks.
Brexit back on agenda despite coronavirus pandemic
A week of talks between British and European officials has ended in deadlock and recriminations on both sides.
In the United Kingdom, Brexit is back on the agenda, and things are not going well. A week of talks between British and European officials has ended in a deadlock and recriminations on both sides.
With time running out, the UK insists it will still finally say goodbye with or without a trade deal by the end of the year and with or without a pandemic to deal with.
Al Jazeera’s Laurence Lee reports from England.