Pentagon delays enlistment of transgender recruits

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Reuters Business Today: June 30, 2017

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Friday, June 30, 2017
Wall St. ends bumpy week, strong 1st half with modest gain
(Reuters) - Major U.S. stock indexes on Friday ended a volatile week on a modestly high note, boosted by Nike's well-received quarterly report, with the S&P 500 tallying its best first half of the year since 2013.
Buffett's company to become Bank of America's top shareholder
(Reuters) - Warren Buffett's company will become the biggest shareholder in Bank of America Corp , after Berkshire Hathaway Inc on Friday invoked its right to acquire 700 million shares of the second-largest U.S. bank.
Big Food hungry for meal kits, despite Blue Apron IPO flop
(Reuters) - The downsized initial public offering of Blue Apron Holdings Inc , the first U.S. meal-kit company to go public, may have disappointed venture capital investors, but food companies with stakes in the sector may still see returns in the form of insight into changing eating habits.
Dollar posts biggest quarterly drop in nearly seven years
NEW YORK (Reuters) - The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further.
Big U.S. banks pack results into one day, overwhelming analysts
(Reuters) - For the fourth straight quarter, several of the biggest U.S. banks are reporting earnings on the same day, setting up a situation that overwhelms analysts covering the industry.
Race to buy $10 billion-valued GLP narrows down to two groups: sources
SINGAPORE/HONG KONG (Reuters) - The race to buy Global Logistic Properties narrowed to between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, sources said, as bidders submitted offers for the $10 billion-valued firm.
Nike-Amazon deal may hurt sporting goods retailers: analysts
(Reuters) - Nike's pilot program to sell certain products on Amazon and Instagram is a precursor to it forging a deeper relationship with online retailers, and could hit sales at sporting goods retailers such as Foot Locker Inc .
Walgreens deal offers no lasting relief to Rite Aid
(Reuters) - A slimmed-down Rite Aid Corp could lose much of its bargaining heft with insurers and makers of branded drugs at a time when it is trying to turn around its flagging pharmacy business, analysts said.
U.S. fund managers seek consumer stocks that Amazon can't conquer
NEW YORK (Reuters) - Amazon.com Inc's game-changing move to upend the grocery business with a surprise deal to buy Whole Foods Market Inc compounds a problem already vexing fund managers: how to play U.S. consumer spending when the Seattle-based e-commerce giant is threatening to take over retail.
Exclusive: Airbus CEO Enders to take control of plane sales in new shake-up
PARIS (Reuters) - Airbus is launching a reorganization of its commercial aircraft sales operations in a move likely to focus fresh attention on a delicate balance of power at Europe's largest aerospace company, people familiar with the situation said.
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