Microsoft Buys LinkedIn for $26.2 Billion in Cash Deal

Tuesday June 14, 2016 – SEATTLE — Microsoft has made its most ambitious move in years to reassert itself in a technology market it once dominated. The software giant said Monday morning that it would acquire LinkedIn in a $26.2 billion cash deal. The acquisition, by far the largest in Microsoft’s history, unites two companies in different businesses: one a ...

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Biden Also Pretends Orlando Unrelated To Islam

Tuesday June 14, 2016 – Hours after news broke that Omar Mateen pledged allegiance to ISIS right before his murderous rampage Vice President Joe Biden professed utter bewilderment about the inspiration. In his statement around 6:30 p.m. ET Sunday Biden, like President Barack Obama earlier in the day, avoided mentioning ISIS or Islam. Instead he labeled the mass slaughter “an act of ...

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Retail Sales Rise More Than Forecast as U.S. Consumers Spend

Tuesday June 14, 2016 – Retail sales rose more than forecast in May, showing consumer spending will help boost economic growth in the second quarter. The 0.5 percent increase in purchases followed a 1.3 percent jump the previous month that was the biggest gain in a year, Commerce Department figures showed Tuesday in Washington. The median forecast of 81 economists ...

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Brexit jitters drive sterling volatility to record high, pound choppy

Monday June 13, 2016 – LONDON,  Pound Sterling steadied after hitting an eight-week low on Monday, although jitters days before Britons vote on whether to leave the EU or not drove the cost of hedging against huge swings in the exchange rate to record highs. Betting markets have lowered the chances of the country remaining in the European Union after ...

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Governor Scott Requests Emergency Declaration From President After Orlando Mass Shooting Source: Governor Scott Requests Emergency Declaration From President After Orlando Mass Shooting

Monday June 13, 2016 – In the wake of the worst mass shooting in modern American history, Florida Governor Rick Scott is asking for a federal emergency declaration from President Obama for the city of Orlando and the state. In a statement, Gov. Scott asked for the declaration so that federal resources can begin to assist in the efforts at ...

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