The author is Reuters Breakingviews columnist. The opinions expressed are his own.
The humble four-fingered chocolate bar could play a key role in fending off bidders for Hershey. Meanwhile, the EU-shunning UK battles political instability, a tanking currency and a run on commercial property funds, while the economic pain of allowing in far fewer migrants looms.
The presumptive Republican nominee for U.S. president boasted about the size of his 104-page financial disclosure statement filed this week with the Federal Election Commission. It may be HUGE, but what's the upside of flaunting your wealth to an electorate fed up with Wall Street and billionaires? And The Donald has yet to release his tax returns.
Peabody Energy's bankruptcy gives Big Oil a glimpse into the future, while energy losses are just one issue U.S. lenders have to contend with. Plus: startup news outlets face age-old problems.
from Morning Bid with David Gaffen:
Right now the market seems to be in a place of benign neglect when it comes to worrying about things like earnings, slow global growth, central banks, and anything else that might qualify as the type of thing that would keep the markets from moving much higher.