CARDINAL NEWS Headlines, News Highlights and Current Events for Saturday, February 29 2020
Paul Singer targeting Twitter
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Twitter has been a potential target for activist investors for years, and now Bloomberg News reports that activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey.
Paul Singer, who is active in Republican Party politics and involved in top source of contributions to the National Republican Senatorial Committee, has a reputation as a vulture capitalist because his hedge fund, Elliott Management Corporation (EMC), specializes in distressed debt acquisitions.
Twitter has been a potential target for activist investors for years, and the company has been criticized for failing to capitalized on advertising. Also, the company only has one class of stock, which means co-founder and CEO Jack Dorsey doesn’t have voting control of the company similar to Facebook Inc.’s Mark Zuckerberg or Snap co-founders Evan Spiegel and Bobby Murphy.
Singer’s philanthropic activities include financial support for LGBTQ rights.
— US & World News
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Biden 2020 wins South Carolina primary [Google] [Bing]
Bloomberg campaign plans 2,400 events in 30 states ahead of Super Tuesday [Google] [Bing]
Billionaire activist Tom Steyer ends presidential campaign [Google] [Bing]
Joe Biden under investigation in Ukraine for alleged link to top prosecutor Viktor Shokin’s 2016 ouster February 2020 [Google] [Bing]
University of Pennsylvania’s Wharton School appoints Erika James, the first woman and first African-American to lead the school in its 139-year history. https://t.co/Z85IVeGWRl
— NBC News (@NBCNews) March 1, 2020
Oprah takes a fall at 2020 vision tour [Google] [Bing]
Madonna falls during Paris concert [Google] [Bing]
Mysterious glowing object appears in earth’s orbit [Google] [Bing]
Actually it’s this …
Mini-moon pulled into earth’s orbit [Google] [Bing]
Earth has captured a tiny object and pulled it into orbit. The asteroid, known as 2020 CD3, is only the second asteroid known to orbit Earth. And while it won't last, this asteroid acts as a temporary mini-moon whirling around our planet. https://t.co/to8A9nYJbN
— CNN (@CNN) March 1, 2020
SpaceX Starship SN1 prototype explodes in Texas [Google] [Bing]
Starship SN1 was filled with LN2 for a cryo proof test on Friday evening at Boca Chica, before failing.
Disney World Jungle Cruise ride boat sinks February 2020 [Google] [Bing]
Reality TV dance teacher sentenced after exposing male teen student to HIV in Tennessee [Google] [Bing]
US Surgeon General: Stop Buying Masks [Google] [Bing]
Amazon removed over 1 Million items capitalizing on coronavirus [Google] [Bing]
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DJIA | NASDAQ Composite
Yesterday’s Contiguous US Hi/Lo Temps
High Temperature for Saturday, February 29, 2020
(as received by 7 pm EST February 29)
85 at El Centro, CA
85 at Cahuilla, CA
85 at Cibola, AZ
85 at Falfurrias, TX
Low Temperature for Saturday, February 29, 2020
(as received by 7 pm EST February 29)
-18 at Sea Gull Lake, MN
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George Clooney says he is "saddened" by child-labor claims against coffee giant Nespresso, a brand he promotes, and vows that "work will be done." https://t.co/pI2xZHGV4k
— NBC News (@NBCNews) March 1, 2020
A demolition company in Texas admitted that it made a mistake after demolishing the wrong house in a Dallas neighborhood https://t.co/0Cq9EqtKtx pic.twitter.com/rcl0LT0VCG
— CNN Business (@CNNBusiness) March 1, 2020
Scientists accidentally discover first-ever "animal" that doesn't need oxygen to breathe https://t.co/4qWyU1OcrD pic.twitter.com/neB3Qj5EuC
— CBS News (@CBSNews) March 1, 2020
Biden is back: Sleepy Joe's South Carolina win could be game changer https://t.co/rVup3V1chJ
— Sky News (@SkyNews) March 1, 2020
Note: News on this page MAY BE ENTERED THROUGHOUT THE DAY, and SOME NEW INCIDENTS may be ENTERED on this page after the initial publish date as follow-up for the day’s incidents.
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