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Montauk: Where fintech dealmakers go to the beach…

Here’s a riddle—what do the following all have in common?: Intuit buying Credit Karma for $7.1 billion. Morgan Stanley buying E*Trade for $13 billion. Visa buying Plaid for $5.3 billion. Charles Schwab buying TD Ameritrade for $26 billion. PayPal buying… Continue Reading →

Ripple claims a big win in the elusive quest to use cryptocurrency in banking

For years, Ripple has tried to make the case that its cryptocurrency network offers a faster and cheaper way to move money around the world than traditional financial institutions. But despite trials with big banks and Western Union, skeptics question… Continue Reading →

The 1-meter rule: virologists pan high fives, ‘bro hugs’ and kissing as the coronavirus spreads

King Henry VI of England banned kissing in 1439 to battle the plague. As the world confronts the coronavirus spreading from China, some health authorities are again urging people to refrain from physical displays of affection. Epidemiologists say limiting contact… Continue Reading →

Becoming a mom in the midst of a possible pandemic

Good morning, Broadsheet readers! Tyler Haney is out at Outdoor Voices (completely this time), feminine products are free in Scotland, and we consider some of the women caught in the coronavirus crisis.  – Pregnancy in the time of COVID-19. As… Continue Reading →

Are the Houston Astros irredeemable cheaters? Or are they all of us?

Opening Day is but one month away, and yet the talk of Major League Baseball remains, as it has all winter, the Houston Astros’ cheating scandal. Opposing players, managers, and rival fan bases have joined in unified chorus to heap… Continue Reading →

Manna from heaven? In Dublin, ice cream will soon deliver via drone

Ireland might not be the first place where a person would expect to find drones delivering Ben & Jerry’s ice cream, but Manna, a drone delivery company, says it’s ready to make it happen. The Dublin, Ireland-based company announced its… Continue Reading →

Blackstone will buy 28,000 student beds from Goldman in $6 billion dorm deal

Blackstone Group Inc. agreed to buy the iQ Student Accommodation business from Goldman Sachs Group Inc. and the Wellcome Trust in the largest-ever private real estate deal in the U.K. Funds managed by Blackstone will pay 4.66 billion pounds ($6… Continue Reading →

One of Bordeaux’s most revered estates is launching a new high-end wine—in Napa

Napa, with its reputation for growing superlative Bordeaux grape varieties, has long piqued the interest of international winemakers. In recent years, a slew of investments from French chateau owners—Chateau Latour owner François Pinault’s purchase of Araujo Estate, and the sale… Continue Reading →

Cathay Pacific says 25,000 staff are taking unpaid leave as coronavirus outbreak batters travel

More than 25,000 Cathay Pacific Airways Ltd. staff are taking unpaid leave, underscoring the depth of the airline’s troubles as it contends with the coronavirus. Chief Executive Officer Augustus Tang said in an internal memo that Cathay’s challenges “remain acute,” and… Continue Reading →

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