Wednesday, 28 Oct 2020

Trump Says He’ll Announce U.S. Supreme Court Nominee on Saturday

Music Agents Align To Form Mint Talent Group

The pandemic continues to realign the agency landscape. Mint Talent Group formed today, with WME agent C.J. Strock, Paradigm’s Patrick McAuliff and Phil Egenthal, Madison House’s Mary Allen & Cassie Siegel, Paradigm’s Michael Morris & Ryan Owens, WME’s Peter Wiederlight and CAA’s Logan Handelsman making a go of it. MINT is a booking agency and entertainment company, and starts with a roster including Allman Brothers Band, Blackberry Smoke, Brian McKnight, CloZee, Erasure, George Porter Jr., and Mavis Staples.

Stock market live update: Tech rebounds ahead of Powell, Mnuchin testimony

Buy banks as ‘aggressively’ as you can: Dick Bove

Oden Capital Group chief financial strategist Dick Bove on his outlook for banks amid allegations of suspicious transactions.

U.S. equity markets staged an early rebound Tuesday with the Nasdaq leading the charge.

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Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 27107.3 -40.40 -0.15%
SP500 S&P 500 3284.11 +3.05 +0.09%
I:COMP NASDAQ COMPOSITE INDEX 10783.17787 +4.38 +0.04%

Investors will likely tread lightly ahead of testimony from Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin mid-morning.

For all the action follow the FOX Business LIVE Blog here.

Vaccinex’s Phase II Study In Huntington’s Disease Fails

Vaccinex Inc.’s (VCNX) phase II trial of its lead clinical candidate, Pepinemab, in patients with early manifest and prodromal Huntington’s disease has failed to meet pre-specified co-primary endpoints.

In the study, dubbed SIGNAL, the two co-primary endpoints, namely a family of two cognitive assessments from the Huntington’s disease Cognitive Assessment Battery and Clinical Global Impression of Change (CGIC) did not reach statistical significance in early manifest population.

The company noted that the trial results support continued development of Pepinemab in Alzheimer’s disease and in mid-stage Huntington’s disease patients with greater cognitive deficits.

Additional results including a broader examination of motor activity and outcomes for a smaller group of 86 prodromal subjects are slated to be presented at the upcoming 2020 Huntington’s Study Group Conference on October 30 and at subsequent medical conferences.

Turkey and Greece Ready to Discuss Border Disputes, Ankara Says

Turkey and Greece are ready to resume exploratory talks to try to resolve territorial disputes in the Aegean and Mediterranean seas, President Recep Tayyip Erdogan’s office said Tuesday after a virtual meeting with German Chancellor Angela Merkel and European Council President Charles Michel.

“It has been stated that Turkey and Greece are ready to start exploratory talks,” the president’s office said in a statement. There was no immediate confirmation from Greece that negotiations would resume.

The renewal of talks would build on an easing of tensions in the energy-rich eastern Mediterranean, where Turkey and Cyprus are at odds over maritime boundaries. Just a day earlier, the U.S. dismissed a contentious map that’s exacerbated the competing territorial claims, saying it has no legal significance.

Spurring a downshift in tensions is a meeting of European Union leaders in Brussels on Thursday to discuss how to deal with Turkish energy exploration activities in contested waters. The EU has threatened sanctions on Turkey, and member state Cyprus is pressing for an expanded bloc blacklist against Turkey by refusing to sign off on sanctions against Belarus.

— With assistance by Firat Kozok

Bank of Israel Governor, Monetary Committee Sent to Quarantine

Bank of Israel Governor Amir Yaron and the other five members of the monetary committee have been sent to quarantine pending an epidemiological investigation, after a central bank employee who was later diagnosed with the coronavirus met with them last Wednesday.

The committee meeting was held in accordance with Health Ministry regulations, including distancing between those in attendance, a Bank of Israel spokesman said. Everyone who took part is presently in quarantine.

Apple users experience App Store, Music, TV+ outage

FILE PHOTO: The Apple logo is seen on a Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/File Photo

(Reuters) – Apple Inc said here on Tuesday its users may be experiencing problems with some of its services, including the App Store, Apple Music and TV+ streaming service.

Trump Says He’ll Announce U.S. Supreme Court Nominee on Saturday

President Donald Trump said he’ll announce on Saturday his nominee to replace the late Justice Ruth Bader Ginsburg on the U.S. Supreme Court.

Trump said in a tweet Tuesday that the announcement will take place at the White House at a time to be determined later.

Trump is moving toward nominating Amy Coney Barrett, a judge on the Seventh Circuit Court of Appeals based in Chicago, people familiar with the matter have said, despite the president saying Monday he’s considering as many as five candidates.

Barrett met with Trump and separately with White House Counsel Pat Cipollone on Monday, said people familiar with the discussions. She is a favorite of anti-abortion rights advocates, who are heavily lobbying the White House and Trump personally to nominate her. She’s also preferred by Senate Majority Leader Mitch McConnell, according to people close to him.

Trump told an audience in Dayton, Ohio, on Monday that he plans to pick a woman. Earlier, he told reporters at the White House he is looking at “five women” to fill the vacancy but has “one or two” of them in mind as finalists. The president said Barrett is among those under consideration.

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