Los Angeles Times

Uber CEO is seeking a 'peer' to help him run the company
Los Angeles Times
Uber Chief Executive Travis Kalanick, who last week pledged to get “leadership help” after a video surfaced of him berating one of the company's drivers, announced Tuesday that the ride-hailing giant is looking for a chief operating officer. Kalanick …
Uber future uncertain as CEO Travis Kalanick moves to hire 'peer'The Mercury News
Why Are Adult Men In Power Always Given The Chance To 'Grow Up'?Huffington Post
Uber CEO Travis Kalanick Just Made a Big Step Toward Getting Some 'Leadership Help'Fortune
Reuters –Quartz –Business Insider –CNNMoney
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Forbes

Hewlett Packard Pays Up For Nimble Storage, Is Pure Storage Next?
Forbes
Just because an industry is growing — it doesn't mean you should try to enter it. This comes to mind in considering the market for flash storage which IDC estimated was worth $15 billion in 2016 and would grow to nearly $20 billion by 2020. This
Nimble Stock Soars 46% on $1 Billion Takeover OfferNasdaq
HP Enterprise's $1.2 Billion Deal to Buy Nimble Storage Shows It Sees the Writing on the WallTheStreet.com
HPE to buy Nimble Storage for $1.09 billionReuters
Houston Chronicle –USA TODAY –eWeek –Dallas News
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Los Angeles Times

Snapchat maker's stock keeps falling — and analysts think it'll drop even more
Los Angeles Times
Snap Inc.'s stock market debut last week has been celebrated as a success in the tech world as its share price surged in its first two days on the market. But that optimism doesn't necessarily extend to Wall Street, where analysts remain doubtful of
Snap Inc.'s Future Is About To Get Very ShakyFortune
Snap shares tumble as short sellers move inReuters
Why Snap shares are plummeting days after its successful IPOWashington Post
Business Insider –Huffington Post –Bloomberg –U.S. News & World Report
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Telegraph.co.uk

Standard Life Agrees to Buy Aberdeen in $4.7 Billion Stock Deal
Bloomberg
Standard Life Plc, Scotland's largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds ($4.7 billion), creating one of Europe's biggest fund managers. Under the terms, which remain the same since talks were first …
Standard Life and Aberdeen Asset Management announce merger dealCNBC
Standard Life, Aberdeen reveal merger terms, eye 200 million sterling in savingsReuters
Aberdeen, Standard Life agree to $13.5 bln mergerMarketWatch
BBC News –Nasdaq –Business Insider –Telegraph.co.uk
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Bloomberg

Peugeot Maker PSA Agrees to Buy GM's European Brands in $2.3 Billion Deal
Bloomberg
PSA Group agreed to buy General Motors Co.'s Opel unit in a transaction valued at 2.2 billion euro ($2.3 billion), creating Europe's second-largest carmaker in a bid to better compete in the region's saturated market. PSA will pay 1.3 billion euros for …
PSA pays GM $2.3 billion for Opel, sets first recovery goalsReuters
GM agrees to sell European brands to PSA GroupeDetroit Free Press
PSA Group of France to Buy GM's Opel and Vauxhall for $2.3 BillionNew York Times
Business Insider –Nasdaq –BBC News –U.S. News & World Report
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THE BUSINESS TIMES

S.Korea's Lotte says more than 10 stores in China closed amid political tension
Nasdaq
… * Closures come after land swap for missile defence system * China objects to U.S. system being deployed in S.Korea * Tour operators told to stop selling trips to S.Korea * S.Korea trade minister's forum invitation cancelled (Updates number of
S.Korea's Lotte says 4 retail stores in China closed amid political tensionReuters
China Trying To Crush South Korea's EconomyForbes
China's Online Boycott Puts Lotte In Cross Hairs Amid THAAD RowTheStreet.com
Barron’s (blog) –The Korea Herald –Financial Times –Bloomberg
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CNN

A massive Mexico-US raw sewage spill is under investigation
CNN
(CNN) With millions of gallons of raw sewage spilled into the Pacific Ocean surface and onto the shores of southern California, officials in the United States and Mexico have launched a bi-national investigation into the spill that apparently
Mexico commits biological warfare on USWND.com
Coronado beaches reopen weeks after Tijuana sewage spillfox5sandiego.com
IB Residents Write Congressional Leaders, Demand Action About Sewage SpillNBC 7 San Diego
Catholic Online –The Christian Truther –Mexico News Daily
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Bloomberg

Investors Start Doubting Oil Rally After Failure to Top $55
Bloomberg
The oil market's failure to break out of the tightest range in more than a decade is sapping investor interest. After hitting a record high last week, hedge funds reduced wagers that U.S. oil prices would rise as concern grows that the market is again
Oil falls on lower China growth targets, doubts on Russian output curbsReuters
OPEC May Have To Cut Deeper In 2018 As 'New Saudi Arabia' DevelopsSeeking Alpha
OPEC secretary general says 'so far, so good' on production deal, but too early to say on extensionCNBC
The National Interest Online –Mehr News Agency – English Version –HPPR –Indiainfoline
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Moneycontrol.com

Deutsche Bank Reunites Traders With Bankers in Cost-Cut Mission
Bloomberg
One year after he split Deutsche Bank AG's investment banking and trading units, John Cryan has put them back together with a familiar mandate: fewer clients and lower costs. Cryan, chief executive officer since 2015, said Sunday that the business will
Deutsche Bank to raise 8 billion euros, plans major reorganizationReuters
Deutsche Bank to ask market for $8.5 billion after big lossesCNNMoney
Deutsche Bank to Raise $8.5 Billion and Reorganize Some OperationsNew York Times
MarketWatch –CNBC –Forbes –Times of India
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Business Insider

Investors are going nuts for Snapchat — here's how Snap thinks it can turn a $500 million loss into profit
Business Insider
Investors are going crazy for Snapchat parent company Snap, and the stock is up more than 50% since its Thursday IPO, with a market cap of more than $30 billion. But Snap is still losing a ton of money — to the tune of $514 million in 2016. So how is
Snapchat Will Eventually Snap Back To RealitySeeking Alpha
What if all schools were tech investors?BBC News
Snap skeptics may drive $1 billion of short sales within a weekChicago Tribune
Forbes –New York Times –The New Yorker –eMarketer
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