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Worst day in 10 months as Wall Street reacts to 'Brexit'
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
Europe|Overwhelmed by 'Brexit'? Here Are the Basics  New York Times
Brexit Backlash: Dow Closes Down More Than 600 Points  NBCNews.com
International Business Times  
How Britain's Breakup With the EU Could Reshape World Markets
LONDON - First came the shock. Then fear seized world markets. As frenzied selling accelerated in Tokyo, Hong Kong and London, unfathomable amounts of wealth vanished in a matter of hours.
Markets and Political Surprise  Wall Street Journal
Dow Plunges 611 Points as U.K. 'Brexit' Vote Crushes Global Markets  KTLA
15 US stocks get absolutely crushed by 'Brexit'
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
Shares of BorgWarner Inc. Drop 10% After Brexit Vote  Motley Fool
BorgWarner Inc. Stock Is Crashing Now. What To Expect?  Engelwood Daily
UPDATE 1-Gundlach: DoubleLine sold all of its European equities late Thursday
(Adds quotes from Gundlach, details on MSCI gains). By Jennifer Ablan. NEW YORK, June 24 Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said Friday his firm sold all of its European equities position before the market closed Thursday, ...
DoubleLine Will 'Take Advantage of Dislocations' After Brexit  Bloomberg
DoubleLine's Gundlach says sold all of its European equities position  Metro.us
Dow drops more than 600 points as Brexit raises risk of global recession
The risk of another global recession escalated Friday after Britain's stunning decision to leave the European Union plunged financial markets into free fall and tested the strength of the safeguards put in place since the last downturn seven years ago.
Why Brexit Is NOT A Buying Opportunity  Forbes
Brexit's existential threat to Europe  CNNMoney
Energy Transfer Cleared to Walk Away From Williams Takeover
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
Court says ETE can walk away from $20 bln Williams takeover  Reuters
Energy Transfer Can Escape Williams Takeover, Judge Rules -- 2nd  Nasdaq
Breitling's 'Frack Master' bilked investors out of $80 million, SEC says
Chris Faulkner, of Breitling Oil and Gas, spoke before the Denton City Council as it considered a fracking ban in July 2014. Joyce Marshall Star-Telegram.
SEC Sues 'Frack Master' for Investor Cash Spent on Strippers  Bloomberg
SEC accuses Breitling CEO, others, of $80 million fraud  STLtoday.com
Barack Obama At Stanford Tells Entrepreneurs Brexit Speaks To Their Same ...
The day after a vote that will lead Britain to exit the European Union, U.S. President Barack Obama urged American entrepreneurs to embrace increasing interconnectedness in the world.
In Silicon Valley, Obama says young start-up executives are the antidote to ...  Los Angeles Times
Brexit: Detroit Three automakers hope for stability in Europe as stocks fall
DETROIT, MI - The Detroit Three automakers' stocks, like most of the market, were reeling Friday as investor uncertainty followed the United Kingdom's vote to leave the European Union.
Uncertainty for biotech as UK exits EU, prime minister to resign  FierceBiotech
Global Auto Makers Brace for Turmoil After 'Brexit' Vote  TheStreet.com
Park City headphone company Skullcandy purchased for $177M
PARK CITY - Skullcandy, a Utah-based audio and gaming company, is merging with another commodity company, the two companies jointly announced Friday.
Skullcandy to Be Gobbled by Incipio, Not Founder  TheStreet.com
Incipio to buy headphone maker Skullcandy for $177 million  CNET