Fortune

BlackRock's Top Economist Thinks Bitcoin and Ethereum Look Like a Bubble
Fortune
BlackRock, the $5 trillion asset manager, has not traditionally paid much attention to cryptocurrency platforms such as Bitcoin and Ethereum. Now that the prices of those blockchain-based currencies have risen exponentially in recent months, however
Bitcoin & Ethereum Are Tanking, But BlackRock Says No Systemic Risk, and Why RegTech Is HotBarron’s
Bitcoin rival, ethereum, has lost $17.5 billion in market value in 4 weeksMarketWatch
Digital currency ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time highCNBC
U.S. News & World Report –Business Insider –TheStreet.com –International Business Times
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ForexLive

Bank of America Merrill Lynch on what to look for in Yellen's testimony
ForexLive
Fed Chair Yellen will be testifying in front of the House Financial Services Committee on Wednesday and Senate Banking Committee on Thursday. Her prepared remarks will be released at 8:30 am on Wednesday morning. In that regard, Bank of America …
USD: Will Fed Chair Yellen's Testimony Rock The Boat This Week? – BTMUeFXnews

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CNBC

Dollar pressured by Trump Jr. emails, focus on Yellen testimony
CNBC
The dollar wobbled in early Asian trading on Wednesday as investors, already wary ahead Federal Reserve Chair Janet Yellen's testimony, digested emails released by President Donald Trump's eldest son suggesting he welcomed Russia's help in last …
Morning News Call – India, July 12Reuters
Stocks have a listless day; Snap drops nearly 9%Los Angeles Times
Trump Seen Replacing Yellen at Fed With NEC's Cohn: PoliticoNew York Times
Business Insider –The Boston Globe –New York Daily News –Fox Business
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STLtoday.com

August Busch IV investigated in office park copter landing
STLtoday.com
Former Anheuser-Busch CEO August Busch IV exits the Swansea, Ill., police station to a waiting car Tuesday, July 11, 2017. Busch is under investigation for appearing “too intoxicated to take off” hours after a helicopter landed in an office park near
Former Anheuser Busch CEO August Busch IV Arrested For Trying to Fly Helicopter IntoxicatedTheStreet.com
Anheuser-Busch scion detained for trying to fly chopper drunkNew York Post
August Busch IV arrested for trying to fly helicopter while intoxicatedKSDK
Jalopnik –New York Daily News –KMOV.com –St. Louis Business Journal
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Reuters

Giving up the ghost: investors bail on Snap
Reuters
While that is the premise of Snap Inc's popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. Morgan Stanley, a lead underwriter on the company's
Snap and Blue Apron Continue to PlungeBloomberg
Snapchat's Biggest Underwriter Says It Was 'Wrong' About Snap StockFortune
Here Are The 4 Challenges That Snap Is Failing To OvercomeInvestor’s Business Daily
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Washington Times

Takata adds new type of inflator to huge air bag recall
ABC News
Takata is adding a new type of air bag inflator to the nation's largest automotive recall. The company filed documents with the U.S. government adding 2.7 million vehicles to the recall from Ford, Nissan and Mazda, all with a type of inflator that
Takata Expands Recall Again, Citing New Airbag HazardNew York Times
US says 2.7 million additional Takata air bag inflators to be recalledReuters
Takata adds 2.7 million vehicles to air bag inflator recallMilwaukee Journal Sentinel
Press Herald –The Hill –WJXT Jacksonville –WFMZ Allentown
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San Francisco Chronicle

Internet activists plan net neutrality protest
San Francisco Chronicle
Companies, organizations and individuals are participating in a “day of action” Wednesday to urge the Federal Communications Commission and Congress to preserve regulations adopted in 2015 to limit Internet service providers' ability to favor certain …

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CNN

Air Canada plane nearly lands on a crowded taxiway at San Francisco airport
CNN
(CNN) An Air Canada flight attempting to land at San Francisco International Airport nearly touched down on a taxiway crowded with planes on Friday night, the FAA said in a statement. Air Canada Flight 759, a 146-seat Airbus A320, was cleared to land
Abort! Airliner nearly lands on other San Francisco planesABC News
Disaster averted at SFO after jet lines up to land on taxiway rather than runwaySFGate
An Air Canada jet nearly caused one of the worst disasters in aviation historyBusiness Insider
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Reuters

UPDATE 1-Oil recovers some losses but market still under pressure
Reuters
SINGAPORE, July 10 (Reuters) – Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling activity in the United States and ample supplies from producer club OPEC.
Oil Gains After Weekly Loss as Libya May Be Asked to Cap OutputBloomberg
Oil could hit $60 before year-end: Barron's, citing Citi analystNew York Daily News
Crude Oil Prices Look to World Petroleum Congress for a LifelineDailyFX
Economic Times –CNBC –MarketPulse (blog) –FX Empire
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U.S. News & World Report

COSCO Shipping Shares Climb After Bid to Become Third-Biggest Container Line
New York Times
SHANGHAI/HONG KONG — COSCO Shipping Holdings Co Ltd saw its stock climb on Monday after bidding $6.3 billion for a Hong Kong peer, a deal that would see it become the world's third-biggest container shipper and underline China's supply-chain …
China's COSCO to Buy Orient Overseas for $6.3 BillionU.S. News & World Report
COSCO Shipping, Orient Overseas shares leap after lofty $6.3 billion bidCNBC
Karma and Comfort for Orient OverseasBloomberg
BBC News –South China Morning Post –Times of India –TODAYonline
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