July 19, 2021 Crossing Wall Street

Morning News: July 19, 2021

As Lebanon Collapses, the Man With an Iron Grip on Its Finances Faces Questions

OPEC Plus Agrees on Oil Production Increase, Easing Pressure on Supplies and Prices

Record Steel Prices Inject Life Into Long-Suffering Industry

The Pandemic Safety Net Is Coming Apart. Now What?

Yellen Expresses Doubts on Results of Trump’s China Deal

What China Expects From Businesses: Total Surrender

China Frictions Steer Electric Automakers Away From Rare Earth Magnets

The Failure of China’s Microchip Giant Tests Beijing’s Tech Ambitions

Biden’s Antitrust Initiative Threatens a Big Railroad Takeover

Bill Ackman Rejigs Universal Deal After Regulators Probe SPAC Plan

Robinhood Seeks Up to $35 Billion Valuation in Mega U.S. IPO

Bored Ex-Lehman Trader Builds a $6.7 Billion Fortune With a Hot App

Tesla Unveils $199-A-Month Full Self-Driving Subscription Plan — But There’s A Catch

Malaysian Police Destroy 1,069 Bitcoin Mining Rigs With Steamroller

J&J Exploring Putting Talc Liabilities Into Bankruptcy

Americans Sentenced to Prison for Helping Carlos Ghosn Flee Japan

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Posted by Eddy Elfenbein on July 19th, 2021 at 7:10 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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