Symantec Splurges $4.6 Billion On Blue Coat
Gas prices jump 14 cents across Michigan
Gas prices are going up again! Right now, the statewide average daily gas price increased 14 cents from the previous week, according to AAA Michigan.Michigan’s current statewide average is about $2.74 per gallon, about 15 cents less than this same time last year. This is the fifth consecutive week that the statewide daily gas price has increased. Metro Detroit’s current daily gas price average is about $2.75 per gallon, about 16 cents more than last week’s average and about 16 cents less than t..>> view originalInsurance firm China Life puts $600M into Didi Chuxing months after backing Uber China
Can’t beat ’em, join ’em. That appears to be the thinking of China Life, Asia Pacific’s highest valued insurance firm, after it backed Chinese taxi app Didi Chuxing barely months after investing in fierce rival Uber. Didi announced today that it has scored $600 million in fresh financing from the insurance company, half of which will go towards its latest funding round which a spokesperson confirmed has now exceeded $3.5 billion but is still to close. That’s likely to value Didi around the $25..>> view originalComing wave of gas puts focus on finding new shores
(Repeats June 12 story, no change to text)* Total, Shell hunt plant, terminal projects* LNG output capacity could rise by 150 mln tonnes by 2020* Surging capacity spurring hunt for new markets* Oversupply allowing smaller buyers to tap LNG spot market* Technology helping speed expansionBy Ron Bousso and Oleg VukmanovicLONDON, June 12 Energy giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry's rapidly burgeoning supp..>> view originalChina's Stocks Decline Most Since February on Economic Concern
China’s stocks posted their steepest decline since February, with losses deepening in afternoon trading amid mounting concern about the outlook for the world’s second-biggest economy.The Shanghai Composite Index dropped 3.2 percent at Monday’s close, with about 25 shares declining for each that advanced. The ChiNext index of smaller shares slumped 6 percent, while the Hang Seng China Enterprises Index fell the most in four months. The yuan slid to approach a five-year low. China’s fixed-asset i..>> view originalSouthern euro zone bonds feel Brexit heat after surprise poll
Southern euro zone bonds feel Brexit heat after surprise poll By Reuters Published: 03:02 EST, 13 June 2016 | Updated: 03:02 EST, 13 June 2016 By John GeddieLONDON, June 13 (Reuters) - Bond yields in Europe's southern peripheral countries crept higher on Monday after a poll late on Friday showed a significant 10 point lead for those campaigning to take Britain, the world's fifth largest economy, out of the European Union.The vote due in 10 days time is expected to have far-reaching ..>> view originalPew's Nick Bourke weighs in on new payday loan regulations
By Ken Sweet | AP June 12 at 1:04 PM NEW YORK — The controversial $38 billion payday lending industry is about to be regulated at the federal level for the first time based on new regulations proposed recently by the Consumer Financial Protection Bureau. The regulations are designed to keep people from falling into what the CFPB calls a “debt trap,” where borrowers can get stuck paying off a high-interest loan for months on end for what is supposed to be a two-week loan. Nick Bourke is the d..>> view original
Monday, June 13, 2016
Symantec Splurges $4.6 Billion On Blue Coat and other top stories.
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