Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back

Supreme Court Backs Trump's Mail-In Ballot Overhaul The Supreme Court sided with President Trump over his plan to use the Postal Service to impose broad new restrictions on the distribution of mail ballots. Over the dissent of the court's three liberal judges, SCOTUS' ruling means that the Trump administration can move forward with a proposal for DHS to compile state-specific lists of people it believes are eligible to vote in the Democratic-led states that had challenged the plan in court. Justice Sonia Sotomayor, joined by Justice Elena Kagan, wrote that they believed...

Cantor: Almonty "Moving Seamlessly" Into Production As Korean Tungsten Mine Becomes Western Lifeline Cantor Fitzgerald metals and mining analyst Matthew O'Keefe provided clients on Tuesday with an update on Almonty Industries, citing a corporate update from CEO Lewis Black. The miner's crown jewel tungsten mine in South Korea has begun shipping concentrate as the West's answer to conflict-free tungsten supply comes online, playing into a bigger theme we've outlined called "owning the bottlenecks." O'Keefe says the Sangdong mine has begun shipping concentrate, is moving toward 24/7 operations, and has about 4.6...

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...