Reuters

Sterling firm as BoE rate call looms, Asian shares boosted by oil
Reuters
SINGAPORE/TOKYO The British pound edged up on Thursday as investors counted on the Bank of England to cut interest rates to a record low, while a rebound in oil prices from four-month lows lifted Asian stocks. The sterling rose 0.1 percent to $1.3340 …
European stocks to open mixed ahead of BoE rate decisionCNBC
Pound's Overnight Volatility Jumps Before BOE Decision: ChartBloomberg
European Shares Seen Up Ahead Of BoE MeetingRTT News
The Sydney Morning Herald –Economic Times –Times of India –Euro Exchange Rate News
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Bloomberg

Musk Declares Tesla Free From Factory Hell With Targets Intact
Bloomberg
After a tumultuous summer at Tesla Motors Inc., Elon Musk spent most of his time on an earnings conference call assuring investors that his grand plans are intact despite missing expectations for sales and earnings in the quarter. Musk, whose financial
Tesla misses Wall Street targets, but logs gains in vehicle productionCNBC
After Musk Lays Out Soaring Vision, Wider Loss Pulls Tesla Back With A ThudForbes
Tesla posts another loss, but says on track for future deliveriesReuters
Kansas City Star –MarketWatch (blog) –TechCrunch –The Detroit News
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New York Daily News

Time Warner invests $584M in streaming service Hulu
New York Daily News
NEW YORK — In another win for cable cord-cutters, Time Warner has become the latest media company to invest in streaming service Hulu. The move could boost the viability of an online TV service that Hulu is expected to launch next year as an
Time Warner acquires 10 percent stake in HuluThe Boston Globe
Time Warner takes a 10% stake in Hulu, boosting it to compete with NetflixLos Angeles Times
Time Warner Buys 10% Stake in Hulu, Valuing It at $5.8 BillionWall Street Journal
CNBC –Reuters –Washington Post –New York Times
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CNNMoney

Fox News voice not changing despite Ailes' departure, but questions linger
CNNMoney
The Murdochs are sidestepping many of the questions swirling around Fox News in the wake of Roger Ailes' resignation. But they're being clear about one thing: Fox will retain Ailes' conservative view of the world. On a quarterly earnings call Wednesday …
Murdochs say the positioning of Fox News won't change with new leadershipLos Angeles Times
Fox News Keeps Course in Wake of Ailes DepartureWall Street Journal
The 'Formula' That Made Roger Ailes and FoxHuffington Post
USA TODAY –Hollywood Reporter –Deadline –Bloomberg
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Bloomberg

Japan's New Stimulus Is Just the Same Old Thing
Bloomberg
Noah Smith is a Bloomberg View columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion. Read More. Aug 3, 2016 7:00 PM EDT. a | A. By. Noah Smith. Japanese growth is still sluggish. Consumers aren't …
BOJ comments lift yen; pound steady ahead of Bank of England meetingMarketWatch
BOJ's Iwata: Policy review to focus on mechanism, obstacles to quantitative easingStreetInsider.com
Bloomberg View: How to make Japan's fiscal stimulus plan workWatertownDailyTimes.com
Seeking Alpha –Daily Mail –DailyFX –The Fiscal Times
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CNNMoney

Sports Authority executive bonus request rejected by bankruptcy judge
CNNMoney
A bankruptcy judge had no sympathy when lawyers for Sports Authority asked that executives get multi-million dollar bonuses and the terms be sealed because they were getting "unpleasant emails" from workers who lost their jobs. The judge overseeing the …
Executives At Bankrupt Sports Authority Ask For Bonuses, Get DeniedHuffington Post
A six-figure bonus for going bankrupt? SuuuureCBS News
Judge refuses bonuses for executives at bankrupt Sports AuthorityTulsa World
KPRC Houston –RTT News
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Wall Street Journal

Fed fines Goldman $36.3M for use of confidential material
Business Insider
WASHINGTON (AP) — The Federal Reserve fined Goldman Sachs $36.3 million for what it called the use and disclosure of confidential materials that the U.S. uses in its supervision of banks. The Fed ordered the big Wall Street bank on Wednesday to put in …
Goldman Pays $36.3 Million to Settle Fed-Leak AllegationsWall Street Journal
Federal Reserve Fines Goldman Sachs $36 Million in Document LeakNew York Times
Fed fines Goldman $36 million for leaking documentsCNNMoney
Reuters –TheStreet.com –USA TODAY
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Wall Street Journal

Wal-Mart in Talks to Buy Web Retailer Jet.com
Wall Street Journal
Wal-Mart Stores Inc. WMT -0.26 % is in talks to buy online discount retailer Jet.com Inc., according to people familiar with the matter, escalating its costly quest to compete head-on with Amazon.com Inc. AMZN -0.78 %. A deal could give Wal-Mart's …
Wal-Mart said to be in talks to acquire Amazon rival Jet.comTribune-Review
Why Walmart would want to buy JetVentureBeat
Can a Jet.com acquisition help Walmart compete with Amazon?Digital Trends
New York Times –CNBC –Recode –GeekWire
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AdAge.com

Publicis CEO Maurice Levy on Kevin Roberts' Exit: Highest Levels Set the Example
AdAge.com
We are glad you are enjoying Advertising Age. To get uninterrupted access and additional benefits, become a member today. Upgrade to Membership. Already a member? Log in or go back to the homepage. Hey, there. Glad you're here and we hope you like …
Saatchi & Saatchi Chairman Resigns After Making Sexist Comments, Acting Like a JerkSlate Magazine (blog)
Kevin Roberts Out At Saatchi, Publicis GroupeMediaPost Communications
Saatchi & Saatchi chairman Kevin Roberts has resigned following his controversial gender diversity commentsBusiness Insider
Wall Street Journal –Chicago Tribune –AgencySpy –Harvard Business Review
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TechCrunch

Uber's deal with Didi is a win-win for everyone — except the 'Anti-Uber Alliance'
TechCrunch
Many in the media and tech industry see Uber's decision to sell its Chinese business unit to rival Didi Chuxing as a failure for the U.S. ride-hailing giant. It's easy to believe that the sale of Uber China's operations to its closest rival is a face
Didi's dominance of Uber in China offers roadmap for ride-hailing rivalsBusiness Insider
Even Uber Couldn't Bridge the China DivideNew York Times
Uber-Didi Tie-Up Threatens Lyft in USWall Street Journal
Los Angeles Times –CNET –Bloomberg –TIME
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