So, business news anyone?
Not that we’d be the only ones hurting, mind you – Bloomberg
The planned auto-import tariffs, meanwhile, appear to be slow tracked for now – WSJ
One of the interesting side effects of Amazon’s foray in to the grocery industry is the deal-making it’s prompted among its grocer competitors, particularly the mash-ups between online and brick-and-mortar outfits – NYTimes
Workplace messaging company Slack just added another $427 million to its coffers thanks to a new fundraising round that values the company at a whopping $7.1 billion – NYTimes
A “vaguely worded” provision in last year’s tax law is giving insurance companies fits. The provision—better known as Base Erosion and Anti-Abuse Tax, or BEAT—aimed to “keep companies from skirting taxes by shifting profits to overseas affiliates with lower tax rates,” but its “imprecise wording” could “impact the finances of insurance companies when they are at their most vulnerable—when paying out claims” – WSJ
And you thought the Olympics were just games . . . . Turns out, they might (might) just have the power to kick a super daylight savings regime into place for a two year span in Tokyo – Bloomberg