CNNMoney

Aetna to pull out of most Obamacare exchanges
CNNMoney
In the latest blow to Obamacare, Aetna is vastly reducing its presence on the individual exchanges in 2017. The insurer will stop offering policies on the exchanges in 11 of the 15 states where it currently operates, according to a press release it
Aetna to Drop Some Affordable Care Act MarketsWall Street Journal
Aetna to cut back 70% on Obamacare plans in 2017CNBC
Aetna Will Abandon Obamacare Patients In More Than 500 US CountiesForbes
New York Times –Reuters –Bloomberg –U.S. News & World Report
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TechCrunch

Peter Thiel's moral sleight of hand
TechCrunch
Earlier today, we started seeing rumblings about a New York Times op-ed from famed entrepreneur and venture capitalist Peter Thiel — an op-ed where he'd lay out the case against Gawker. Thiel, of course, quietly poured $10 million into the lawsuit by
Univision Among At Least Two Bidders For Gawker MediaForbes
Peter Thiel Tries To Pivot His Personal Brand To Privacy HeroBuzzFeed News
Peter Thiel Gives Bizarre Defense Of His Crusade Against GawkerHuffington Post
New York Magazine –New York Post –KCCI Des Moines –Digiday
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Bloomberg

Praxair Said to Have Held Merger Talks With Germany's Linde
Bloomberg
Praxair Inc. has held merger talks with Germany's Linde AG, according to people familiar with the matter, a deal that would create the world's largest supplier of industrial gases. The two companies have discussed a possible combination, though the
Praxair in talks to acquire Linde: sourceReuters
Praxair makes move for German rival LindeFinancial Times
Praxair Holds Merger Discussions With Germany's LindeWall Street Journal
Daily Mail
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Yahoo Sports

SEC Suspends Trading in OTC Stock After Value Soars to $35 Billion
Wall Street Journal
The U.S. Securities and Exchange Commission on Monday suspended trading in the shares of Neuromama Ltd. NERO -0.44 % , saying it was concerned that manipulation had inflated the value of the unlisted company to $35 billion. In an order published …
NeuroMama trading suspended by SEC over suspected manipulationMarketWatch
SEC halts trade in mysterious $35 billion OTC stockSTLtoday.com
SEC halts trading of Neuromama on "potentially manipulative" transactionsReuters
Yahoo Finance –International Business Times UK –Business Insider UK –ForexLive
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Bloomberg

Soros Cashes In as Barrick Gold Posts Best-Ever First Half Rally
Bloomberg
Billionaire George Soros isn't waiting around to see if this year's surge in gold-mining shares will last. Soros Fund Management LLC, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world's biggest
Soros Fund Management slashes gold stake in second quarterReuters
Billionaire investors turn bearish as U.S. stocks hit record highsYahoo Finance
Billionaire investors shuffle their holdings in latest quarterThe Australian Financial Review
Wall Street Journal (blog) –ForexLive –TheStreet.com –MarketWatch
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CNBC

Stocks could autopilot to more new highs
CNBC
Consumer inflation and industrial production could influence stocks Tuesday, but the market seems set on autopilot toward more new highs. "It's hard to fight the Fed, and I just think the Fed's hands are still tied and that's why the market is doing
US stocks hit record highs on easing central bank outlook, oil riseReuters
S&P 500, Dow, Nasdaq log record closesMarketWatch
Central Banks Could Be This Market's Pets.comWall Street Journal
TheStreet.com –World Socialist Web Site –BBC News –Seeking Alpha
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Reuters

Berkshire takes bigger bite of Apple, pares Wal-Mart
Reuters
The Apple Inc. logo is shown outside the company's 2016 Worldwide Developers Conference in San Francisco, California, U.S. June 13, 2016. REUTERS/Stephen Lam. 2/2. left. right. Warren Buffett, Chairman, CEO and largest shareholder of Berkshire …
Berkshire Built Apple Stake as Stock Slipped in Second QuarterBloomberg
Buffett's Berkshire Hathaway Increases Bet on AppleWall Street Journal
Warren Buffett's Berkshire Hathaway Boosts Apple Stake, Sells WalmartFortune
MarketWatch –AppleInsider (press release) (blog) –CNNMoney –York News-Times
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Wall Street Journal

US Said to Uncover Evidence of Criminal Acts in VW Probe
Wall Street Journal
U.S. prosecutors and Volkswagen AG VLKAY 1.53 % are negotiating a settlement that could result in significant financial penalties after Justice Department officials found evidence of criminal wrongdoing in the car company's diesel-emissions cheating
International Business|In the US, VW Owners Get Cash. In Europe, They Get Plastic Tubes.New York Times
Volkswagen Looks To Settle Criminal Probe With Fines Up To $1.2 BillionHuffington Post
Volkswagen may face criminal and civil penalties over emissions scandalBusiness Insider
USA TODAY –Yahoo News –Ars Technica –Car and Driver (blog)
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THE BUSINESS TIMES

The Bundesbank Is Right – The German Pension Age Should Rise
Forbes
I will confess to not normally being a fan of the policies proposed by the Bundesbank. Ordoliberalism has its attractions and ordomonetarism many fewer – but the Bundesbank is correct here in their statement that the German pension age should rise. For
Opinion: Germany amassing huge surpluses — and huge risksMarketWatch
German central bank suggests raising retirement age to 69U.S. News & World Report
Germans should have to work until 69, says BundesbankBBC News
RTE.ie –The Fiscal Times –Financial Times –CNBC
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TechCrunch

Will cheap ride fares persist?
Tribune-Review
Many Lyft drivers are doubling their efforts as Uber drivers while they drop off riders in front of Terminal 1 at Los Angeles International Airport. The 'gig economy' doesn't work for everyone, however. (Mark Boster/Los Angeles Times/TNS) Photo by TNS.
Lyft rebuffs acquisition interest from GM: reportReuters
GM Reportedly Bids for Lyft; Acacia Sparks an Optical Rally; Xbox One Sales Get a BoostTheStreet.com
Lyft Reportedly Rebuffed GM's Acquisition InterestFortune
Detroit Free Press –San Francisco Chronicle –Tech Times –Business Insider
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