At The Movies: The Personal History Of David Copperfield, Deliver Us From Evil, I’m Livin’ It, and more, Entertainment News & Top Stories

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THE PERSONAL HISTORY OF DAVID COPPERFIELD

The infectiously joyful The Personal History Of David Copperfield offers a rare combination of factors: beautiful dialogue spoken by good actors; editing that makes the two-hour film feel like 60 minutes; and a storytelling style that feels modern and meta while staying true to – and sincerely in love with – its source material.

The work comes from British film-maker Armando Iannucci, best known for acid-etched portraits of political figures (BBC series The Thick Of It, 2005 to 2012; HBO series Veep, 2012 to 2015). But when he is not making parodies of politics or society, he is also a Dickensophile, having written and presented a documentary on the English writer in 2012, Armando’s Tale Of Charles Dickens.

“The true Dickensian world is our world,” says Iannucci in the documentary (available on YouTube). And to that end, he has cast British-Indian actor Dev Patel

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Business and personal bankruptcy filings in the US slowed in August

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The pace of business bankruptcy filings in the U.S. slowed significantly in August from previous months, though chapter 11 filings were up from last year as the coronavirus pandemic continued to roil the economy.

A total of 525 businesses filed for chapter 11 protection from creditors in August, down 18% from 642 businesses in July but up 17% from August 2019, according to legal-services firm Epiq Systems Inc.

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The numbers reflect continued distress in retail, energy, entertainment, and travel and leisure, Epiq said, based on data from its Aacer business unit.

In the first eight months of this year, chapter 11 filings rose 28% to about 4,800.

“Large corporations are benefiting from robust capital market activity which is providing access to capital at an attractive cost,” said Deirdre

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Bank of Montreal Announces AT1 Limited Recourse Capital Notes Issue

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TipRanks

Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50%

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should the index ultimately reach these targets.“Despite the sharp sell-off in the past week, we remain optimistic about the path of the U.S. equity market in coming months. The Superforecaster probability of a mass-distributed vaccine by Q1

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Smart Consumer Technology Startup Dreame Technology Raises Nearly USD 15 Million in Series B+ Funding Led by IDG Capital

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TipRanks

These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor

Is more volatility on tap for stocks? Following a three-week losing streak, the longest in about a year, all eyes are on the market. The three major U.S. stock indexes have struggled for the last few weeks as the titans of tech, which have fueled the charge forward from COVID-induced lows, came under pressure due to overheated valuations, with market watchers waiting to see how renewed lockdown fears will come into play.So, what’s the bottom line for investors? Even though uncertainty remains as Wall Street gears up for the fourth quarter, the pros are pounding the table on a select few names, noting that these tickers boast strong long-term growth narratives.Bearing this in mind, our focus shifted to two penny stocks backed by investment firm Cantor. Major gains could be in store, as the firm’s analysts

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TD, CIBC close out better-than-expected quarter for Canadian banks; outlook uncertain

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TORONTO (Reuters) – Toronto-Dominion Bank TD.TO and Canadian Imperial Bank of Commerce CM.TO beat analyst expectations for third-quarter profit on Thursday as strong earnings growth in their capital markets businesses helped offset weakness in almost every other unit.

The results close out a reporting season that saw all but one of Canada’s six major banks beat expectations, as conservative provisions in the prior quarter and a jump in trading revenues helped limit the hit from the coronavirus pandemic.

Even so, the banks warned of an uncertain environment ahead as government assistance and loan deferral programs wind down in the fourth quarter. While they anticipate an increase in delinquencies as a result, the lenders said the allowances they have built up should cover an increase in bad loans, as long as current economic assumptions hold.

Shares of TD, Canada’s second-largest lender, rose 0.9% to C$66.97 in Toronto, while CIBC shares climbed

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Indian Companies Raise Record $31 Billion Equity Capital in Shrinking Economy | Investing News

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By Scott Murdoch and Patturaja Murugaboopathy

HONG KONG/BENGALURU (Reuters) – Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their balance sheets to prepare for future economic uncertainty and corporates tap into the elevated global liquidity levels.

The record raising comes despite India’s economy contracting 23.9% in the June-quarter, year on year, which puts it on track for the first annual contraction since 1980.

The rush of deals though has not been extended to initial public offerings (IPOs), which have fallen to a five-year low to be worth just $1.5 billion, in the eight months year to date, the data showed.

(Graphic: Indian companies’ equity offerings, https://fingfx.thomsonreuters.com/gfx/mkt/xlbvglmewpq/equity%20offerings.jpg)

Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion, and consumer products with $3.41 billion.

(Graphic: FII investments this year, https://fingfx.thomsonreuters.com/gfx/mkt/rlgvdoqzapo/FII%20investments.jpg)

Reliance

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The best Capital One credit cards of 2020

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Capital One has been on an upward trend ever since it added the ability to transfer miles earned on the Spark and Venture card families to airline partners. We’ve seen Capital One launch several limited-time transfer bonuses and expand its travel partner options. Now is a great time to take a closer look at Capital One’s best cards.

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Best Capital One credit cards of 2020

  • Capital One® Venture® Rewards Credit Card: Best for travel rewards
  • Capital One® Spark® Miles for Business*: Best for business travel
  • Capital One® Spark® Cash for Business*: Best for flat-rate business spending
  • Capital One® Savor® Cash Rewards Credit Card*:
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Black developers in NYC often face hurdles in obtaining capital to get their projects off the ground

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The Black developers Crain’s interviewed all agree the federal and state governments can provide greater incentives for institutional investors to provide Black businesses with necessary capital. But the greater, more substantive changes must come from the institutional investors themselves, in how they hire and what they aim to do with their money.

One guiding light can be found at Goldman Sachs’ Urban Investment Group. Led by Margaret Anadu, one of the few Black American women in finance, the fund manages a $4 billion portfolio and invests $1.5 billion each year.

Marshall first tapped Anadu’s Urban Investment Group for $20 million in 2007. Since then his firm has been able to source $1 billion from her team.

“We raised $10 million from a family office, but I don’t think we’d have the trajectory we’ve experienced without Margaret Anadu’s Urban Investment Group,” Marshall said. “It would’ve been quite difficult, quite frankly.”

Anadu’s

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Doctors in Kenyan capital end strike over pay delays, lack of PPE

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NAIROBI – Doctors employed by Kenya’s Nairobi County government resumed work on Thursday following a six-day strike over delayed salaries and a lack of protective equipment when handling patients who may have COVID-19, a union official said.

Thuranira Kaugiria, Nairobi County secretary general of the Kenya Medical Practitioners, Pharmacists and Dentists Union, said in a WhatsApp message the doctors had returned to work after signing an agreement with county officials on Wednesday.

In the agreement, the government promised to pay doctors on the fifth day of every month, failing to which the doctors were free to stop work without notice.

The agreement, seen by Reuters, also provides doctors with two isolation facilities in the event that they contract COVID-19.

Health workers sanitize their Personal Protective Equipment (PPE), after the cremation of a body in Nairobi, Kenya.
Health workers sanitize their Personal Protective Equipment (PPE), after the cremation of a body in Nairobi, Kenya.Reuters

The county government also committed to providing the doctors with adequate supplies of

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CIT Completes Sale of Wealth Management Business to FirstSun Capital Bancorp

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NEW YORK, Sept. 1, 2020 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that the trust and wealth advisory business of CIT Bank, N.A. was acquired by FirstSun Capital Bancorp, through its subsidiary Sunflower Bank, N.A. (FirstSun), effective Sept. 1, 2020. The transaction enables CIT to focus on its core strengths and enhances FirstSun’s capacity to meet its clients’ expanding financial management and generational family planning needs while building on its strategic growth in Southwestern markets.

(PRNewsfoto/CIT Group Inc.)

“We are pleased to have completed this transaction with FirstSun where the business and team can be part of a broader wealth management strategy,” said CIT Chairwoman and Chief Executive Officer Ellen R. Alemany. “We remain focused on our core strengths and creating an integrated banking offering for our key commercial and consumer segments of the market.” 

“We’re thrilled to welcome our new wealth management clients

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