Aetna launches Medicare Advantage asset sale: sources
(Reuters) – Aetna Inc has launched an auction to sell a portfolio of Medicare Advantage assets as it seeks antitrust approval for its $37 billion acquisition of U.S. health insurance peer Humana Inc, according to people familiar with the matter.
DVD player found in Tesla car in May crash: Florida officials
(Reuters) – A digital video disc player was found in the Tesla car that was on autopilot when its driver was killed in a collision with a truck in May, Florida Highway Patrol officials said on Friday.
Apple fires back at Spotify over music streaming claims
SAN FRANCISCO/STOCKHOLM (Reuters) – Apple Inc fought back on Friday against Spotify’s claims that the U.S. tech giant had hampered competition in music streaming by rejecting an update to the Swedish service’s iPhone app.
Brexit triggers surprise emerging market asset rally
NEW YORK (Reuters) – When British voters shocked world markets by voting to leave the European Union last week, emerging markets assets seemed among the most vulnerable to a full-on retreat to safe havens from riskier investments.
Investors see even lower bond yields from Brexit fallout
NEW YORK (Reuters) – Britain’s vote to leave the European Union last week triggered a worldwide stampede into U.S., German, Japanese and even British government debt, sending their yields to historic lows. Some of the best-known bond investors and stra…
U.S. factory data, auto sales improve, construction spending slips
WASHINGTON (Reuters) – U.S. factory activity expanded at a healthy pace in June as new orders, output and exports rose, new industry data showed on Friday, providing another sign that U.S. economic growth was regaining its footing after weakness early …
U.S. auto sales growth falls short of estimates
(Reuters) – Robust demand for pickups and SUVs pushed up U.S. auto sales in June but the growth fell short of estimates as General Motors , Toyota Motor Corp and Volkswagen sold fewer vehicles. Estimates from major automakers backed analysts’ projection that the U.S. industry has peaked in 2015, when a record 17.47 million vehicles were sold.
London bankers face Brexit choice: lobby or leave
LONDON (Reuters) – A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.
U.S. growth seen holding above 2 percent: N.Y. Fed
NEW YORK (Reuters) – The U.S. economy remained on track to expand a tad above 2 percent in the coming months as this week’s data hinted at moderate growth in consumer spending and a rebound in factory activity, the New York Federal Reserve said on Frid…
With Brexit clouding outlook, U.S. payrolls to tilt focus back to Fed
LONDON (Reuters) – Investors will start to peek beyond the Brexit-dominated headlines in the coming week to gauge the outlook for the global economy, and what impact an expected rebound in U.S. job creation will have on central banks eyeing looser poli…
