UPDATE 1-Cyrus Capital withdraws offer for Virgin Australia over lack of engagement

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UPDATE 1-Cyrus Capital withdraws offer for Virgin Australia over lack of engagement

… * Cyrus will reinstate offer under certain conditions. * Cyrus says administrator Deloitte has not engaged meaningfully. * Administrator Deloitte spoke with union leaders on Thursday. * Deloitte preparing to sign deal with Bain – AFR (Adds Cyrus comments, …
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Twilio Rival Agora Soars Following IPO

On its first day of trading, Agora is being granted a valuation even higher than that of larger rival Twilio (TWLO) – Get Report. Agora, which like Twilio provides programming interfaces (APIs) that let developers add voice, video and messaging features to their …
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The IRS Has Made It Easier To Tap Your Retirement Funds—But That Doesn't Mean You Should

The Internal Revenue Service has made it easier to withdraw retirement funds early without paying a penalty if you’ve been negatively affected financially by the coronavirus pandemic. This month, the IRS expanded the list of those who qualify to withdraw or …
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Ford, other automakers will stay neutral on challenges to Trump vehicle emissions rule: document

WASHINGTON (Reuters) – Four major automakers will not take a position on legal challenges to the Trump administration’s decision in March to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a …
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Is Elon Musk Laughing At Jeff Bezos Today?

Tesla TSLA ‘s Elon Musk and Amazon AMZN ‘s Jeff Bezos do not always hide their feelings for each other or their businesses. Now Bezos’ company is getting into Musk’s company’s space—ever so slightly—with a new clean tech investment fund. The move is …
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