DAILY DOSE: November 2, 2020
Posted on 11/02/2020
1. Friendly’s Restaurants LLC filed for Chapter 11 bankruptcy. Connecticut-based Amici Partners Group, an entity of restaurant operators and investors, plans to buy “substantially all” of Friendly’s assets, the company said of the sale. There are 130 franchised and corporate-owned Friendly’s restaurant locations.
2. The New York Stock Exchange (NYSE) is experiencing a surge of trading halts due to an equipment changeover.
3. Apple Inc. plans to host a special event from Apple Park on Tuesday, November 10, 2020.
4. Greensill Capital, which is backed by SoftBank Group Corporation, is selling its corporate aircraft as the company plans to raise fresh funds from investors.
5. Dubai-based Alcazar Energy, a renewables company, has restarted a strategic review that could result in a sale for around US$ 1 billion. Alcazar Energy is backed by Gateway Partners and Mubadala Investment Company.
6. According to the U.S. Elections Project. American voters have cast more than 94 million ballots in the U.S. ahead of Election Day.
7. NFL Network: Green Bay Packers player tests positive for COVID-19.
8. U.K. tallies 18,950 new cases on Monday of COVID-19 versus 23,254 on Sunday.
