CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, and IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that
Written By: Ron Sirak @ronsirak
Ron Sirak is recipient of the PGA of America Lifetime Achievement in Journalism Award and the LPGA Media Excellence Award. He s covered more than 150 major championships for The Associated Press and Golf World magazine and co-authored three Vision54 books with renown teachers Lynn Marriott and Pia Nilsson.
This was not the way the LPGA planned on celebrating its 70th birthday, but really nothing could have honored the 13 Founders who created the Tour in 1950 better than the way this generation struggled through 2020. The diverse daughters of today’s LPGA did the mothers of the Tour proud.
ILLUSTRATION: SOPHY HOLLINGTON FOR BLOOMBERG BUSINESSWEEK
By Liam Vaughan, Kit Chellel, and Benjamin BainDecember 10, 2020, 12:01 AM EST
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Among the many previously unthinkable moments of 2020, one of the strangest occurred on April 20, when the price of crude oil fell below zero. West Texas Intermediate futures, the most popular instrument used to trade the commodity, had started the day at $18 a barrel. That was already low, but prices kept tumbling until, at 2:08 p.m. New York time, they went negative.
Amazingly, that meant anyone selling oil had to pay someone else to take it off their hands. Then the crude market collapsed completely, falling almost $40 in 20 minutes, to close at –$38. It was the lowest price for oil in the 138-year history of the New York Mercantile Exchange and in all likelihood the lowest price in the millennia since humans first began burning the stuff for heat and light.
LPGA season finale missing major winners Popov, Kim bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
George Gero, an institution of the gold industry, dies at 84
Joe Deaux and Justina Vasquez, Bloomberg News George Gero , Michael Nagle/Bloomberg
George Gero, a financial adviser known throughout the gold industry, who claimed he traded one of the first-ever gold contracts in New York, has died. He was 84.
He died on Dec. 12 at his home, according to his obituary with Levine Memorial Chapel. No cause was given.
Gero, a New York-based managing director in Royal Bank of Canadaâs wealth management division, served for 54 years trading precious metals as a member of the New York Mercantile Exchange and Chicago Mercantile Exchange. He was known by colleagues as a kind person who always looked out for people, and by reporters as someone never too busy to take a call and explain the sometimes complex minutiae of the gold markets.