Thursday, 24 Sep 2020

Brown & Brown Of Tennessee Acquires Assets Of Frank E. Neal & Co. Agency

Melania Trump’s Tweet About The Truth Is Too Much For People On Twitter

Melania Trump tweeted about “the truth” on Thursday and it was too ironic for many people to handle.

“The truth will prevail!” the first lady wrote in solidarity with a post from her chief of staff Stephanie Grisham accusing someone of “spreading falsehoods in exchange for a few dollars & some TV time.”

It’s unclear exactly who Grisham was referring to with her tweet. Social media users suggested it was about the journalist Bob Woodward or the first lady’s former friend, Stephanie Winston Wolkoff, who have both released books containing damning allegations about the Trump White House.

Critics of the first lady’s tweet recalled her past support of her husband’s racist “birther” conspiracy theory about former President Barack Obama and the thousands of lies that President Donald Trump has told since taking office:

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Eli Lilly: REYVOW Meets All 18 Gated Endpoints In New Phase 3 Study

Eli Lilly and Company (LLY) said its REYVOW showed superiority over placebo in all gated endpoints in a recently completed phase 3 study CENTURION. REYVOW (lasmiditan) C-V demonstrated pain freedom from migraine attacks at 60 minutes and up to 48 hours. It showed significant therapeutic gains of 17-21% for pain freedom at 2 hours. Observed safety findings in the study were generally consistent with those seen in previous REYVOW trials, the company said.

Mark Mintun, vice president of pain and neurodegeneration, Eli Lilly, said: “We are delighted that REYVOW met all 18 patient-centric endpoints. These new clinical insights into REYVOW’s efficacy should enable healthcare providers to have more meaningful conversations with people with migraine who seek freedom from their painful attacks.”

Tesla plans to export China-made Model 3 vehicles to Asia and Europe, sources say

  • Tesla is planning to export Model 3 vehicles made in China to Asian and European markets, Reuters reported.
  • The U.S. automaker, which started delivering Model 3 electric sedans from its Shanghai factory in December, also plans from next year to sell China-made Model 3 vehicles to Japan and Hong Kong.

Tesla is planning to export Model 3 vehicles made in China to Asian and European markets, two sources familiar with the matter told Reuters on Friday.

The U.S. automaker, which started delivering Model 3 electric sedans from its Shanghai factory in December, also plans from next year to sell China-made Model 3 vehicles to Japan and Hong Kong, one of the sources said.

Tesla did not immediately respond to a request for comment.

The U.S. firm is expanding its manufacturing capacity in China to make Model Y sports-utility vehicles (SUVs) and adding lines to make more battery packs, electric motors and motor controllers.

Tesla, which aims to build 150,000 Shanghai-made Model 3 vehicles this year, sold about 11,800 vehicles in China last month.

The sources declined to be named as they are not allowed to speak to media. Bloomberg reported the plan earlier on Friday.

Euronext Confirms Talks To Make Bid To Acquire Borsa Italiana From LSE – Quick Facts

Euronext (ENXB.BE,ENX.BR,ENX.AS,ENX.PA) confirmed Friday that it is currently in discussions with Cassa Depositi e Prestiti Equity (CDP Equity) to submit an offer to acquire the business and key operational assets of Borsa Italiana from London Stock Exchange Group plc (LSE.L).

Euronext said a further announcement will be made as and when appropriate.

Gold Futures Fall After Recent Gains

After three successive days of gains, gold prices are drifting lower Friday morning as riskier assets such as equities look poised for a rebound of sorts after recent weakness.

U.S. index futures point to a positive start for stocks on Wall Street this morning.

The dollar’s weakness and continued worries about coronavirus pandemic and pace of economic recovery appear to be limiting gold’s decline.

The dollar index is weak at 93.20. It had closed at 93.34 on Thursday.

Gold futures for December are down $12.70 or 0.65% at 1,951.60 an ounce.

Silver futures for December are falling $0.396 or 1.45% at $26.895 an ounce.

On the economic front, data on U.S. consumer prices for the month of August is due at 8:30 am ET.

Heathrow Airport passenger numbers fall 81.5% in August

Britain's Heathrow Airport said passenger numbers in August were down 81.5% compared to last year, as it repeated its call for the UK government to introduce testing as an alternative to the country's 14-day quarantine rule.

Heathrow, which before the COVID-19 pandemic was the busiest airport in Europe, said that North American passenger numbers were down 95% compared to last year as the 14-day quarantine rule deters long-haul travel.

"Heathrow urges the government to introduce testing as an alternative to 14-day quarantine to protect millions of jobs across the UK and to kickstart the economic recovery," the airport said in a statement on Friday.

Brown & Brown Of Tennessee Acquires Assets Of Frank E. Neal & Co. Agency

Brown & Brown of Tennessee, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of the Frank E. Neal & Co. Agency. Frank E. Neal & Co. is a provider of commercial, surety, personal and employee benefits insurance solutions to entrepreneurs, established businesses and individuals throughout the Southeast region of the United States. The Frank E. Neal team will join with the existing Brown & Brown of Tennessee team in Nashville.

Brown & Brown of Tennessee operates under local leadership of Ryan Rothrock and regional leadership of John Esposito.

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