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Here are the top finance stories of the day for October 7

VC by VC
October 7, 2020
in Finance
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Here are the top finance stories of the day for October 7
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Hiya.

President Donald Trump despatched US markets right into a nosedive Tuesday afternoon after tweeting that he was calling off negotiations with Democrats on a coronavirus aid invoice till after the election. 

We’re lower than a month out from the election, so it is honest to imagine issues will solely escalate on each side, which might result in a risky October. 

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Just like the e-newsletter? Hate the e-newsletter? Be at liberty to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. 


IBM



Andrei Stanescu/Getty Pictures


The way forward for workplace area in New York could be very a lot up within the air, as corporations rethink their digs. However not less than one phase has proved fruitful for the market: big tech.

Daniel Geiger has the scoop on IBM releasing a request for proposals to the NYC actual property marketplace for an workplace as large as 500,000 sq. ft. IBM follows Fb and Amazon in looking to lock up office space in New York whereas others ponder exits. 

Daniel’s got some great color on what IBM’s plans for the area and what it means for the broader trade. 

Click here to read the entire story.


Lisa Donahue.

Lisa Donahue, managing director and joint international head of turnaround and restructuring at AlixPartners.

Courtesy of AlixPartners


Talking of vivid spots in bleak occasions, enterprise has been booming for the bankruptcy industry. Samantha Stokes spoke to the co-leaders at AlixPartners, a restructuring-focused administration marketing consultant, about how the agency has tailored to the uptick in enterprise. Read more here. 


Lincoln Lawyer Lionsgate



Lionsgate


Questioning how regulation companies are recruiting their summer associates for subsequent 12 months? Yoonji Han has got you covered with a breakdown of the hiring plans for 5 regulation companies. Read more here. 


Odd tons:

Charles Schwab and TD Ameritrade’s mega-deal is complete, and branches are expected to shutter — here’s where they have the most overlap (BI)

Wall Street’s Most Exclusive Club Is Getting Smaller. The Perks Are Getting Better. (WSJ)

Former Bridgewater Co-CEO Eileen Murray Settles Pay Dispute With Hedge Fund (WSJ)





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