Business Insider

WeWork is suing an ex-employee for talking to reporters
Business Insider
NEW YORK (Reuters) – WeWork Companies, a closely held operator of shared office space, has sued a former employee for unauthorized disclosure of information to Bloomberg News that showed the firm, which is valued at $16 billion, falling short of its …
WeWork Cut Forecasts as CEO Asked Employees to Change 'Spending Culture'Bloomberg
WeWork Trimmed Revenue And Profit Targets And Cut Bagel Breakfasts To Save Cash, New Report ClaimsForbes
WeWork Reportedly Cuts Projections as CEO Pulls Back on 'Spending Culture'Fortune
The Real Deal Magazine –ABCN’s Officing Today
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Big Island Now

PUC Says No to HECO-NextEra Merger
Big Island Now
The Hawai'i Public Utilities Commission yesterday dismissed without prejudice the Hawaiian Electric Companies and NextEra Energy's application for a joint merger in a 2-0 decision. PUC Commissioner Thomas C. Gorak abstained from signing the Decision …
Hawaii commission says no to major electric utility mergerWest Hawaii Today
NextEra's $2.6 Billion Hawaii Deal in Doubt as Regulator Says NoBloomberg
Hawaii Rejects NextEra's $4.3 Billion Bid for Hawaiian ElectricWall Street Journal
Utility Dive –KITV Honolulu –Seeking Alpha –PR Newswire (press release)
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Motley Fool

About to Take Social Security? Read This First
Motley Fool
There are some important factors to consider before you apply for your Social Security benefits. Spend a little time learning more, in order to make the most of your benefits. Selena Maranjian. (TMFSelena). Jul 16, 2016 at 4:25PM. Social Security
Politicians look for ways to spur retirement savingsWaterbury Republican American
How WEP takes a bite from Social Security checkUSA TODAY
Calls for Social Security Expansion Grow Louder in WashingtonNew York Times
Asbury Park Press –Christian Science Monitor –Madison.com –Reuters
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MarketWatch

U.S. bond investors have plenty to be thankful for, despite skimpy yields
Milwaukee Journal Sentinel
Since the United States began issuing 10-year Treasury notes a century ago, the yield on the world's foremost debt instrument had never dipped below 1.4%. Until this month, that is. On July 6, 10-year Treasuries briefly traded at a yield of 1.32%, down
US 10-Year Yield Posts Biggest One-Week Rise Since June 2015Wall Street Journal
Treasuries Post Biggest Weekly Loss in a Year on Retail GainsBloomberg
Are stocks the new bonds? Why investors are buying nowNew Jersey Herald
Forbes –Tampabay.com –MarketWatch –Reuters
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HeraldNet

US industrial production up 0.6 percent in June
HeraldNet
U.S. industrial production rose in June by the largest amount in 10 months, led by a strong rebound in auto production. The Federal Reserve says industrial production increased 0.6 percent last month, the best showing since a similar gain last August
U.S. IP Down For 10th Straight Month Indicating Growth Is Now The Outlier ScenarioSeeking Alpha
U.S. Manufacturing's Broad-Based Recession Continued into JuneEquities.com

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Business Insider

US consumer prices rose modestly in June
Business Insider
In this photo taken Tuesday, Feb. 9, 2016, shoppers walk by a Samsung store in Miami. On Friday, July 15, 2016, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Alan Diaz) syndication.ap.org. WASHINGTON (AP) — U.S. …
US Data Point to Stronger EconomyWall Street Journal
Why the Fed Never Sees It ComingMorningstar.com
5 Things to Know About the EconomyU.S. News & World Report
Reuters –Indiana Gazette –Toledo Blade –Bloomberg
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Reuters

Citi beats expectations, bets on consumers amid low rates
Reuters
Citigroup is betting on U.S. consumers and multi-national corporate clients to navigate lower interest rates after a rebound in trading helped it beat Wall Street's subdued expectations for the second quarter. A burst in client demand for currencies
Citigroup Tops Expectations, Despite Drop in ProfitWall Street Journal
Citigroup Lowers Forecast for Margin Growth on Rate ExpectationsBloomberg
Citigroup Profits Fall 14% But Rise In Trading Revenues Drives Earnings BeatForbes
Nasdaq –Seeking Alpha –MarketWatch –New York Times
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Houston Chronicle

Is $62B a high enough cost for BP?
Houston Chronicle
People gather near crosses for the 11 workers who died in the Deepwater Horizon oil rig explosion, during a vigil to mark the first anniversary of the BP oil spill on a beach in Grand Isle, La.. The large cross in the center is for the Gulf of Mexico
BP Puts Deepwater Horizon Cost at $62 Billion — Energy JournalWall Street Journal (blog)
BP's big bill for 2010 Gulf oil spill — the world's largest — now reaches $61.6 billionChicago Tribune
BP Raises Deepwater Horizon Spill Liability by $5.2 BillionBloomberg
The Hill –AL.com –Daily Caller –Houston Business Journal
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Bloomington Pantagraph

3 Smart Ways to Maximize the Value of a Roth IRA
Bloomington Pantagraph
A Roth IRA is a powerful retirement savings tool, because if you play by the rules, you can withdraw funds from it in retirement tax-free! If you amass an account worth $250,000 in retirement, for example, and your other retirement income puts you in a
Small-business owners must protect their futuresSt. George Daily Spectrum
Why you may want to take IRA money at 59½MarketWatch
3 Smart Ways to Make the most of the Worth of a Roth Individual Retirement AccountStock Transcript
NBCNews.com –Press Release Rocket –Insurance News Net
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13abc Action News

Fiat Chrysler creates 1000 new jobs with $1B plant plan
USA TODAY
Fiat Chrysler Automobiles plans to spend $1 billion to retool its plants in Toledo, Ohio, and Belvidere, Ill., and create 1,000 new jobs as it shuffles its North American production footprint. The automaker said it will invest $700 million at its
Fiat Chrysler to put $700M in Jeep plantToledo Blade
Belvidere car factory to hire 300 for Jeep Cherokee modelCrain’s Chicago Business
FCA US Announces Investments in Illinois and Ohio FacilitiesPR Newswire (press release)
Car and Driver (blog) –The Detroit News –Chicago Tribune –Business Insider
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