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Location American Business News for 25 June 2018
Hedge funds paid big money for private polls on Brexit, and then made hundreds of millions as markets went haywire Hedge funds bought polling data on the day of the Brexit vote allowing them to profit from the event, a Bloomberg investigation has shown. One hedge fund involved, Rokos Capital Management, made over a $100 million. YouG...
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Why more major companies, from banks to retailers to airlines, are avoiding the firearms industry
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Think bank M&A has heated up? Think again

American Banker - 25 Jun 2018 19:08
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come?
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In a Chinese Village, Elderly Farmers Are Now Yogis

The New York Times - 25 Jun 2018 00:22
In a Chinese Village, Elderly Farmers Are Now Yogis The local Communist Party chief has turned to yoga to bring health and vitality to a fading, remote hamlet. Some tourist money would be welcome, too.
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Trade Worries Weigh on Wall Street, Tech Stocks Suffer

The New York Times - 25 Jun 2018 16:25
Wall Street's main indexes dropped on Monday as a move to check Chinese investments in U.S. technology firms further raised tensions between the United States and its trading partners.
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President Donald Trump, already embroiled in a trade battle with China, plans to ratchet commercial tensions higher by barring many Chinese companies from investing in U.S. technology firms, and by blocking additional te...
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When Anna Mae Walter graduated from Roosevelt High School in Chicago during the Great Depression, going to college for nursing "wasn't in the cards," said her daughter Kathy Edman. The …
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Economic Report: New-home sales rebound in May

Market Watch - 25 Jun 2018 16:43
Sales of newly-constructed homes were stronger than expected in May, offsetting prior months' revisions, and pointing to firm underlying demand for housing.
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(Reuters) - The world's biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to a trade dispute between the United St...
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China cuts bank reserve requirement ratio to free up funding China says it will cut the amount of money some banks are required to keep on hand to free up funding for small businesses
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Morocco's Van Blends Folklore with New Urban Sounds Van, an award-winning Moroccan producer, composer and DJ, has been working since 2000 to develop his own compositions while launching career-defining hits for major Moroccan singers. His work is flavored by the diverse m...
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The U.S. House will try this week to vote on a Republican-written immigration overhaul, its second attempt in as many weeks, as GOP lawmakers balance pressure from President Donald Trump and the party's base demanding a ...
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What AT&T's Acquisition of AppNexus Means

AdWeek - 25 Jun 2018 22:06
What AT&T's Acquisition of AppNexus Means AT&T has acquired digital advertising technology company AppNexus, it said Monday, signaling that the telecom giant is looking to become a bigger player in digital advertising and siphon digital ad dollars from Google an...
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SigTuple raises $19 million from Accel, IDG, others

livemint.com - 25 Jun 2018 20:37
SigTuple raises $19 million from Accel, IDG, others Bengaluru-based health technology start-up SigTuple raises $19 million in its Series B round led by Accel Partners and IDG Ventures
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Florida GOP politician heckled at a showing of Mister Rogers movie over her stances on healthcare and immigration J. Scott Applewhite/AP Florida Attorney General Pam Bondi was booed out of a Tampa movie theater by activists protesting her stances on healthcare and immigration. Bondi, a Republican, was there to see "Won't You Be My N...
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#MeToo movement has singled out more than 400 high-profile people At least 414 high-profile executives and employees across fields and industries have been outed by the #MeToo Movement in 18 months, according to data collected by a New York-based crisis consulting firm. The study looke...
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PayPal Holdings Inc. said Monday that it would be rolling out a debit card for Venmo users, as the company explores a new way to make money off of the peer-to-peer service.
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Harley-Davidson warns European tariffs will cause a 'tremendous cost increase' (HOG) Scott Olson/Getty Images) Harley-Davidson said Monday that new European taxes on imported motorcycles will have a "significant impact" on its business, increasing the cost of motorcycles by $2,200 on average. Harley-Davi...
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Employer benefits for parking and transit have changed, and so have moving-related expenses.
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10 reasons why the keto diet could be making you gain weight The keto diet has been quite buzz-worthy as of late, especially since the high-fat and low-carb way of eating has spawned tons of keto-friendly products and online recipes this year. But while the keto approach supposedl...
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David Carey Stepping Down As President Of Hearst Magazines Carey will stay on through the end of the year, and help select his successor.
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Chinese tech stocks are sinking after report says the Treasury Department is looking to block Chinese companies from investing in US companies involved with 'industrially significant technology' REUTERS/Kim Kyung-Hoon The US Treasury Department is drawing up rules that would prevent firms with 25% or Chinese ownership from invest in US companies involved with"industrial significant technology." Chinese tech stoc...
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