Bank stocks are experiencing their worst stretch since 2011. The rush to dump banks shows how Brexit makes banks' already difficult situation that much more challenging.
Massive renovation by Chinese insurer Anbang Insurance will close landmark Waldorf Astoria for more than a year to convert most rooms into luxury condos.
Priceline has been one of the hardest hit stocks since the Brexit. Airlines and hotels have also suffered but Priceline generates more than two-thirds of its sales from Europe. So it could get suffer more than other travel companies.
For the past 20 years, any airline based in a European Union country has been able to fly anywhere within the single market whenever it wants. Brexit complicates that immensely for a host of carriers.
The high-stakes legal dispute that will determine the future of Viacom is playing out in multiple theaters, and the question that comes up in each jurisdiction is whether 93-year-old Sumner Redstone will be examined for mental competency.
