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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Aug 22, 2016

Page

4

Fed official says economy near Fed targets with inflation easing

Federal Reserve Vice Chairman Stanley Fischer said the U S economy is close to the Fed s targets for maximum employment and 2 inflation. He noted unemployment near 5 percent and core inflation at 1.6 percent, ahead of the mid September policy meeting. Goldman Sachs and EastBridge Partners to buy majority stake in Happycall for about 160 million dollars.

FED U.S Federal Reserve Board Stanley Fischer Central Bank Aspen Institute Fischer Goldman Sachs Happycall Goldman Sachs Group EastBridge Partners Wall Street Journal Reuters Busan Hyun Sam Lee

Energy slump drives US corporate defaults higher

S&P Global Fixed Income Research warns the US corporate default rate could jump 30 percent to 5.6% by June 2017, led by energy sector pain. Analysts note 99 firms with low ratings may default in the year ending June 2017, up from 79 in the prior year.

S&p Global Fixed Income Research U.S S&p Global S&p Federal Reserve United Kingdom European Union

Dropbox IPO could reshape next wave of tech debuts

Dropbox eyed an early 2017 IPO as unicorns like Uber and Airbnb face longer private lifespans. Analysts note a crumbling IPO reluctance, with VC executives predicting a rush in 2017 2018, while Dropbox remains non profitable yet cash flow positive and public market timing remains uncertain.

San Francisco Dropbox Lin-Hua Wu Bloomberg News Twilio and Line Marc Andreessen Andreessen Horowitz Pinterest Uber Travis Kalanick USA Today Google.com Kalanick Drew Houston Houston Microsoft Box Google Apple Drop Bill Gurley Gina Bianchini Mightybell

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