Wednesday, June 1, 2016

#EU - warns Poland on rule of law: euronews (in English)

Published on 1 Jun 2016
The EU has stepped up the pressure on Poland over its controversial judicial and media reforms.

They give ministers the power to appoint the heads of public media companies, and choose judges for Poland's constitutional court.

The European Commission on Wednesday issued a negative opinion on the changes as part of its rule of law investigation.

"If you are member of the EU, you have signed and ratified the treaty and the treaty has some rules, said Frans Timmermans, the Commission's first vic…
READ MORE : http://www.euronews.com/2016/06/01/eu...

#USA - Fiat Chrysler Reports Rise in May Auto Sales While Ford, Toyota and GM Post Declines: TheStreet

Published on 1 Jun 2016
May was a rough month for auto sales, according to fresh data released by automakers on Wednesday. Ford sales fell 5.9 percent year-over-year to 235,997 vehicles during the month. Though its F-Series truck posted a 9 percent gain, with 67,412 trucks sold. General Motors reported an 18 percent decline in sales over the past year, selling 240,540 units, missing estimates of a 13.1 percent decline. The company said a parts shortage from the Japan earthquake hampered production. Fiat Chrysler's sales rose 1 percent, compared to May of 2015, to 204,452 vehicles, and was the automaker's best May since 2005. The highlights for the quarter include Jeep sales, which rose 14 percent. Its Ram Truck also shined during the month. Toyota TM sold 219,339 units in May, a drop of 9.6 percent year-over-year. TheStreet's Scott Gamm reports from Wall Street.

#USA - Salesforce Deal Makes a Lot of Sense Says Cramer: TheStreet

Published on 1 Jun 2016
Salesforce.com today announced it has entered an agreement to buy enterprise cloud-commerce company Demandware for $2.8 billion and TheStreet's Jim Cramer is bullish on the combination. Demandware's shares surged more than 55% in early trading on news of the sale. The stock had closed at $48 on Tuesday. San Francisco-based Salesforce will pay $75 a share in cash for all of Demandware's outstanding shares. The sale is expected to close in the second quarter of Saleforce's fiscal year 2017, ending July 31, 2016.

#USA - You Don’t Need to Own UA or Nike Says Jim Cramer: TheStreet

Published on 1 Jun 2016
There is no need to own Under Armour or Nike shares right now because both competitors are dealing with the fall-out from the bankruptcy of Sports Authority, said TheStreet's Jim Cramer.

#EU - New European Union Code Of Conduct On Social Media | Tech Bet | CNBC

Published on 31 May 2016
Tech giants agree with new EU rules that would require companies to review and possibly remove hateful online content within 24 hours.

#USA - Amazon's Jeff Bezos Discusses Books, Gawker, And Donald Trump At Code Conference | Squawk Box | CNBC

Published on 1 Jun 2016
Amazon CEO Jeff Bezos kept the crowd's attention at the Code Conference, as he spoke on brick and mortar and the media, reports CNBC's Jon Fortt.

#UK - TTIP falters, Softbank sells down Alibaba stake | FirstFT

Published on 1 Jun 2016
Nalini Sivathasan has Wednesday’s top stories, with a transatlantic trade deal stalling, Softbank planning to sell $8bn worth of Alibaba shares and the former Barclays director accused of passing insider information to his plumber.

#Eygpt - French ship picks up 'EgyptAir black box signals': Al Jazeera English

Published on 1 Jun 2016
French investigators say they have picked up signals possibly originating from the black box of the EgyptAir plane that crashed last month. The Airbus A320 was flying from Paris to Cairo when it crashed into the Mediterranean Sea. 66 passengers and crew were on board.

Al Jazeera’s Natacha Butler reports from Paris