Money has finally started to chase this year’s stock market rally, which has been driven largely by the Fed’s sharp turn away from last year’s steady rate increases. Source: NYT > Business – MATT PHILLIPS
Levi’s, Whose Jeans Are a Rugged Symbol of Americana, Prepares to Go Public
The maker of denim and Dockers will start trading this week, a milestone for a 165-year-old company that has experienced a resurgence in the past decade. Source: NYT > Business – SAPNA MAHESHWARI
Who Deserves PG&E’s Assets? Fire Victims Face a New Ordeal
Employees, suppliers and bondholders all have claims against the utility in bankruptcy court, along with those counting on payouts over blazes started by the company’s equipment. Source: NYT > Business – PETER EAVIS and IVAN PENN
SoftBank and Other Investors May Buy $1 Billion Stake in Uber’s Self-Driving Cars
The talks precede Uber’s initial public offering and may ease worries about how costly it is to develop autonomous vehicles. Source: NYT > Business – MIKE ISAAC, KATE CONGER and ERIN GRIFFITH
The Bull Market’s Greatest Feat? Sowing Doubt
This stock market rally hasn’t been as intense as many others that preceded it. Source: NYT > Business – STEPHEN GROCER
The Bull Market Began 10 Years Ago. Why Aren’t More People Celebrating?
Americans are still scarred by the financial crisis, and the fruits of this decade’s record-breaking rally fell mostly to the rich. Source: NYT > Business – MATT PHILLIPS