Quantifying the Brexit Shock

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Investors are facing what may be the biggest policy shock of their lifetimes. But past events give some sense of how what sort of damage it will cause.

General Mills Isn't Appetizing at This Price

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General Mills has thrived as a bond-like stock, but its valuation might be too rich even for yield-hungry investors.

Altice's Big U.S. Cable Ambitions Begin With Austerity

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Altice’s strategy of drastically reducing costs as it expands globally will soon face its biggest test yet as the European telecom company digests the $10 billion acquisition of New York cable operator Cablevision Systems.

Lyft Hires M&A Banker Qatalyst Partners

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Ride-hailing startup Lyft has hired Qatalyst Partners, the boutique investment bank best known for helping tech companies find a buyer, according to people familiar with the matter.

What Brexit Means for Tech Startups

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Increased uncertainty is about to infect investing in technology—and that means a tougher fundraising environment. Luckily, history shows great companies are built during periods of contracting investment.

Groundhog Day for Banks as Market Winter Extended

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“Brexit” will once again delay a return to normalcy for American banks.

IKEA to Recall 29 Million Dressers, Chests in U.S.

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IKEA has agreed to recall 29 million chests and dressers in the U.S. following a raft of injuries and three deaths caused by them tipping over.

Hapag-Lloyd Board Approves Merger

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The board of Hapag-Lloyd AG approved the German company’s merger with  Dubai-based United Arab Shipping Co., moving the pact a step closer to completion.

VW to Pay Up to $14.7 Billion to Settle Diesel-Emissions Claims

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Volkswagen has agreed to pay up to $14.7 billion to settle legal emissions-cheating claims with regulators and owners of nearly 500,000 diesel-powered vehicles.

U.S. Consumer Confidence Improves in June

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A gauge of U.S. consumer confidence climbed in June, suggesting that households were little concerned about a labor-market slowdown and some uncertainty about the economic outlook.

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