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Blackstone's EagleClaw Midstream sues Caprock over troubled deal

2020-05-22

(Reuters) – Private-equity backed EagleClaw Midstream is suing the former owners of Caprock Midstream, alleging they failed to disclose tens of millions of dollars of liabilities during acquisition talks. EagleClaw in 2018 acquired natural gas pipeline operator Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million. After the deal closed, EagleClaw discovered “numerous issues and […]

Nurse struggling with COVID-19 trauma found dead in his car

2020-05-21

A nurse on the front lines of the coronavirus pandemic was found dead in his car in late April after battling trauma related to his work. William Coddington, 32, became a nurse in 2018 and began seeing COVID-19 patients showing up in his West Palm Beach, Fla., intensive care unit in March. As someone recovering from an opioid addiction battle […]

Nexi and SIA merger talks gain traction ahead of valuation review: sources

2020-05-21

LONDON/MILAN (Reuters) – Italian payments firms Nexi (NEXII.MI) and SIA are exchanging confidential information as they explore a possible tie-up to create an Italian powerhouse in the sector, three sources familiar with the matter said. Discussions may accelerate in June when the companies will review SIA’s valuation ahead of a possible deal, one of the sources said. “This will be […]

COMMENTARY: As classrooms reopen, British Columbia faces a worrisome return to school

2020-05-21

Kids in British Columbia are getting set to head back to school, but only on a voluntary, part-time basis. In a province that has enjoyed considerable success in driving down the infection rate of COVID-19, you can bet other provinces will be watching closely as B.C. classrooms reopen. Public schools across Canada remain largely shut due to the coronavirus pandemic, […]

‘Scream’ painting fading due to viewers’ breath, says new study

2020-05-20

One of the world’s most famous paintings, Edvard Munch’s The Scream, is becoming discoloured, and conservationists have finally figured out why. The 1910 masterpiece, currently housed at the Munch Museum in Oslo, seems to have dimmed over the years. A research study led by Italy’s National Research Council found, in a paper published in Science Advances on Friday, that human […]

Parents reunite with son kidnapped 30 years ago, thanks to facial recognition technology

2020-05-20

They spent more than three decades searching for their abducted son, and have finally found their happy ending. As a child, Mao Yin was walking home from school with his father when they stopped to get a drink of water. In the moment his dad, Mao Zhenjing, looked away, Yin was taken, the South China Morning Post says. According to […]

COMMENTARY: He’s serving 25 years for murder, and he’s become a math whiz behind bars

2020-05-16

There are many examples of mathematical breakthroughs achieved in prison. Maybe the most famous is from the French mathematician Andre Weil, who came up with his hugely influential conjectures while in a military prison in Rouen, France. Another mathematical giant, Srinivasan Ramanujan, started off with no formal training in mathematics and produced most of his revolutionary results in complete isolation. […]

French serial killer expert admits his career is based on lies — and that he made up his wife

2020-05-15

Turns out a famous French serial killer expert has been outed as a serial liar. Stéphane Bourgoin, 67, has led a prestigious career and was considered one of the most knowledgeable experts on serial crime in France, the Independent says. The true-crime book author claimed to have interviewed more than 70 killers since the 1970s, and alleged that his wife […]

Insurance comparison firm SelectQuote looks to raise $342 million in IPO

2020-05-15

(Reuters) – SelectQuote Inc said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the eponymous insurance policy comparison website at more than $3 billion. The company will offer about 18 million shares at between $17 and $19 per share, with selling stockholders offering another 7 million shares, […]

Jeff Bezos is not primed to become the world’s first trillionaire — yet

2020-05-14

Amazon founder Jeff Bezos, the richest person in the world, is only getting richer in the midst of the coronavirus pandemic, even as tens of thousands of people die and millions more lose their jobs. But while his business is booming thanks to millions of locked-down customers who rely on Amazon for their goods, he’s not quite on the verge […]

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