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Exclusive: ECB would pledge to backstop markets after a Brexit – sources

By John O'Donnell and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. Such an announcement from the ECB would come on June 24 if an …

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Exclusive: ECB would pledge to backstop markets after a Brexit – sources

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Microsoft to buy LinkedIn for $26.2 billion in its largest deal

Microsoft Corp will buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, a bold stroke by Microsoft CEO Satya Nadella in his efforts to make the venerable software company a major force in next-generation computing. By connecting widely used software like Microsoft Word and PowerPoint with LinkedIn's network of 433 million professionals…

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Microsoft to buy LinkedIn for $26.2 billion in its largest deal

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U.S. data point to strong domestic demand, stirring inflation

U.S. retail sales rose more than expected in May as Americans bought automobiles and a range of other goods, even as they paid more for gasoline, suggesting that economic growth was gaining steam despite a sharp slowdown in job creation. Sales at clothing retailers increased 0.8 percent, the largest gain since November.

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U.S. data point to strong domestic demand, stirring inflation