Your Daily Dose of Financial News


Crowdfunding site Indiegogo is hoping that a bold move—as one of the first mainstream companies to do so— into the roller-coaster world of ICOs will help make the offerings more palatable for small and large investors – NYTimes

French Mall king Christophe Cuvillier (CEO of Unibail) has taken over Australia’s Westfield Corp. and its string of “glitzy shopping centers” throughout the US (oh yeah, and its name, too) – WSJ and Bloomberg

It’s apparently activist week here at the Daily Dose, with news that Elliott Management is causing headaches for Qualcomm’s bid for NXP, even as Qualcomm works to fend off a hostile offer from Broadcom – NYTimes

Ahead of the Fed’s anticipate rate hikes announced tomorrow, a Journal survey of economists finds that most expect three more increases in the coming year to help settle the benchmark rate somewhere between 2.75% and 3.0% – WSJ [and Bloomberg]

NYDFS’s lawsuit against the OCC over a proposed federal charter for Fintech firms is no more, with a NY federal judge ruling yesterday that the state’s “top financial regulator’s case was speculative” because the OCC hadn’t yet finalized its charter plans – Law360

Bitcoin futures? Check. Bitcoin ETF? Coming soon – WSJ

Yet more speculation that Disney’s on the precipice of a roughly $60 billion acquisition for most of 21st Century Fox’s tv and movie empire – NYTimes and Bloomberg

GE’s reportedly undertaking an internal review into ex-CEO Jeff Immelt’s controversial practice of taking a spare jet on his various trips while at the helm – WSJ

Breakingviews evaluates Exxon Mobile’s “climate-change U-turn” and finds that the energy giant’s acknowledgement of the science’s veracity is a start but still encourages investors to “not just trust, but verify” – NYTimes [and Law360]

We don’t need to look to the cosmos for good news this morning, but we will anyway, so enjoy this piece on how neutrinos help explain why antimatter didn’t cancel out all matter shortly after the Big Bang – Quanta