(Reuters) -Asset managers Owl Rock Capital Group and Dyal Capital Partners on Wednesday agreed to merge and go public through Altimar Acquisition Corp, a blank-check company. The combined company, to be known as Blue Owl Capital Inc, would be valued at about $12.5 billion managing over $45 billion in assets and will list on the […]

Want to get The Morning by email? Here’s the sign-up. Good morning. High voter turnout was supposed to usher in a Democratic sweep. What happened? Americans under the age of 40 vote at relatively low rates. They also lean left politically. The same is true of Latinos and Asian-Americans. This combination has helped feed a […]

In a world where everything was changing, the menu at a small New Orleans restaurant also had to adapt. Not everyone seemed to get that. Credit…Sophi Miyoko Guilbrants Supported by By Richard Horner Mr. Horner is an owner of a restaurant that opened in New Orleans in January. NEW ORLEANS — Opening a restaurant is […]

A new and potentially more contagious variant of the coronavirus has been detected in Britain and elsewhere. With the Trump administration continuing to do little to address the pandemic, state and local leaders have, again, been left to deal with this problem on their own. To that end, on Monday Gov. Andrew Cuomo of New […]

Republican officials who have indulged or assisted in President Trump’s effort to nullify the 2020 election have many motivations: partisanship, conviction, delusion, cynicism, ambition, paranoia, fear. But all these reasons for participation in an antidemocratic power grab point to a single truth: For many, Mr. Trump is all that binds the Republican Party together. No […]

LONDON — In early lockdown, I spent most evenings in the front room of my mother’s house, drunk, staring at a computer, reeling at the prospect of my body being deprived indefinitely of touch. In those days, there was a sense that all the things that make up life really might be permanently destroyed. My […]

Listen and subscribe: Apple | Spotify | Stitcher | RSS | How To On yesterday’s episode of Sway, the chief executive of Mastercard spoke about why the company blocked subscription payments on Pornhub. Was it too little too late? Kara asks Nicholas Kristof, the journalist whose reporting on child pornography forced the payment company’s hand. […]

We now know that millions of unemployed workers won’t be kicked off unemployment insurance (for at least 11 weeks) and will now get $300 every week in addition to their current state benefit; a vast majority of Americans will receive $600 direct payments from the government; and small businesses will have access to a modest […]

(Reuters) -Exercise bike maker Peloton Interactive Inc said on Monday it would buy peer Precor in a deal valued at $420 million as it looks to boost its U.S. manufacturing capacity and market share for fitness products. Peloton’s shares, which have gained more than 400% this year, rose another 8% after the bell. Demand for […]

This is an article from Turning Points, a special section that explores what critical moments from this year might mean for the year ahead. Turning Point: Under pressure from both their fans and their players, teams from the United States’ four major sports leagues canceled games and practices to protest racism and police brutality. “Shut […]