Wall Street experienced a rude awakening the day after the Federal Reserve’s June policy meeting, as investors sold off risky assets and shifted to safer bonds and cash in response to the latest batch economic data.
The acquisition of Warner Bros stock in Formula E by Liberty Global is expected to close before the end of the year, leaving Liberty with controlling interest in Formula E.
T-Mobile selected by U.S. Navy for $2.67 billion contract for wireless solutions. Partnership with Uber allows expansion of interactive screens in rideshare vehicles.