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Frontrunning: November 24

  • Online sales surge, shoppers throng stores  (Reuters)
  • A Split From Trump Indicates That Flynn Is Moving to Cooperate With Mueller (NYT)
  • At least 85 people killed in attack on mosque in Egypt's north Sinai (Reuters)
  • Germany’s SPD Softens Stance on Merkel Talks Amid Deadlock (WSJ)
  • Irish government set to fall weeks before Brexit summit (Reuters)
  • From Ducks to Trucks, Ireland’s Exporters Pivot for Brexit (WSJ)
  • A $1 Trillion Wealth Fund Notes ‘Red Flag’ in Real Estate Market (BBG)

New Uber CEO Waited 2 Months To Disclose Data Breach To Investors, Customers

New Uber CEO Waited 2 Months To Disclose Data Breach To Investors, Customers

Earlier this month, newly minted Uber CEO Dara Khosrowshahi made his first high-profile public appearance when he sat down for an interview with the New York Times’s Andrew Ross Sorkin.  Speaking in dulcet tones, Khosrowshahi laid out his vision for making Uber’s workplace culture more inclusive, for building out the product, working with regulators who famously chafed at some of the policies of his predecessor, while also discussing his relationship with Uber’s board members, including former CEO and founder Travis Kalahnick.

S&P Futures Hit Record High As European Euphoria Takes Over Forgotten China Rout

S&P Futures Hit Record High As European Euphoria Takes Over Forgotten China Rout

Yesterday's China stock market rout, in which the Shanghai Composite tumbled the most since June 2016 to three month lows, and which prompted traders to question the dedication of Beijing's plunge protection team, appears to have been forgotten, with the Composite closing unchanged on Friday after some early session weakness, as Chinese yields declined broadly across the board from 3 years highs.

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