The Week (US)

Steal of the week

-

■■ Yelp reported that 140,000 businesses remained closed as of June 15 because of the pandemic. Some 41 percent of those businesses have shut down permanentl­y.

MarketWatc­h.com

■■ A Francis Bacon triptych sold for $84.6 million with fees at Sotheby’s inaugural digitally streamed “live” auction.

The New York Times

■■ Following the U.S. annual stress tests for the biggest banks, Goldman Sachs is required to set aside $4 billion of additional capital to guard against an economic crisis. All of the banks will be prohibited from buying their own shares.

BreakingVi­ews.com

■■ Netflix announced that it would put $100 million, or 2 percent of its $5 billion in cash holdings, into blackowned community banks, including $25 million for a new Black Economic Developmen­t Initiative.

Axios.com

 ??  ??

Newspapers in English

Newspapers from United States