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Albertsons
Second Opinion wraps up the day with news that Twitter users blocked by President Trump are suing him, Albertsons puts its renewed IPO plans on hold due to Amazon's takeover of Whole Foods and Paris and Los Angeles are set to get 2024 and 2028 Olympics although it's not clear which city will get which year.
Abercrobie & Fitch
In Second Opinion, Abercrombie & Fitch stock tanks after talks with potential buyers stall, the NVCA slams Trump administration’s delay of the International Entrepreneur Rule and one Apple observer says the IPhone 8 price may start at $1,200! Whoa!
Emma Stone
Second Opinion wraps up the week with news that Samsung has posted blockbuster earnings and record profits for the second quarter, the U.S. jobs growth had a robust surge in June although wage gains lagged and Oscar-winning actress Emma Stone says her male co-stars took pay cuts so she'd have equal pay.
Second Opinion closes out the day with news that Berkshire Hathaway is close to buying electricity provider Oncor, Microsoft confirms layoffs that could affect thousands and Endo is voluntarily removing an opioid painkiller in the U.S.
Lyft
In Second Opinion, designer denim retailer True Religion files for bankruptcy, Lyft is now closing one million rides per day and DeVry University will pay $49 million to students for misleading ads.
July 4th fireworks
Second Opinion closes out the week with news that directory publisher Dex Media is close to inking a deal to acquire rival YP Holdings for $600 million, Twitter signs live-streaming deals for Wimbledon and Comic-Con and Sony will be making vinyl records again after a 28-year break. Have a very happy July 4th!
Rite Aid
In Second Opinion Walgreens nixes its Rite Aid merger; instead it will buy half of Rite Aid's stores for $5.18 billion, Blue Apron has a bland IPO debut and New York Governor Cuomo declares a state of emergency for the city's subway system.
Facebook
In Second Opinion, GOP leaders delay vote on the healthcare bill, Wells Fargo will be selling its commercial insurance business to USI Insurance Services and Facebook now has 2 billion monthly users.
Travel ban
In Second Opinion, Amtrak appoints ex-Delta executive as CEO, Blackbaud agrees to aquire UK-based JustGiving, a fundraising platform and the Supreme Court will allow a limited version of Trump's travel ban.
BlackBerry
In Second Opinion, BlackBerry shares plunge 12 percent, BlackRock will now manage Arizona State University's $600 million endowment and Sears closes another 20 stores as the distressed department store chain's crisis continues.
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